Gonçalo Regalado, CEO of Banco Português de Fomento, has characterized the current phase of recovery following recent storms as the "spring of reconstruction." Addressing public concerns, Regalado firmly rejected criticisms regarding delays in the recovery process. He stated that he personally visits the affected regions every month to monitor progress. According to the CEO, the feedback from local business owners has been overwhelmingly positive. He described these entrepreneurs as feeling satisfied, grateful, and recognized by the institution. The bank aims to support the economic revitalization of the impacted areas. This approach emphasizes a commitment to long-term stability for local enterprises.
