The impact of the rise of interest rates

November 9, 2022 | 6 p.m.

After a 14-year decline, 6 of which in negative territory, since February 2022, we have witnessed a consistent rise in Euribor rates, which today reach values of around 2.8% (12 months) and 2.1% (6 months).

It is in this context that NOVA School of Law invites everyone to a talk on the rise in interest rates and, in particular, on their impact on credit agreements. The main players in the banking market will take part in this conversation chaired by the partner of the Finance Department of SRS Legal, such as the Central Bank of Portugal, the Portuguese association of banks, DECO, Novobanco, a significant credit institution, as well as an economist from Nova SBE, specialist in this area

Goals of the talk

The talk will focus on interest rate increases (current and foreseen future increases) and its impact on credit agreements, with a special focus on consumer credit.

Answers to the following questions will be the core of the talk: “Why are interests rates suddenly increasing?”; “How are banks reacting?”; “What are the bank associations doing?”; “Will the supervisors have any intervention in this matter?”; “Should they have an intervention?“; “What should debtors, in particular consumers, do to mitigate the negative impact of the increase of interest rates?


  • Joana Farrajota, NOVA School Law
  • Rita Vieira Marques, PhD student at NOVA School Law


Opening remarks

Joana Farrajota, Assistant Professor of Banking Law, NOVA Law School

Round Table


Alexandra Valente, partner Finance Department, SRS Legal


Pedro Brinca, Assistant Professor Nova SBE
«The increase of the interest rates. ECB policy and impact in Euribor»

Patrícia Fonseca, Head of Legal, Novobanco
«Banking industry reactions»

Ana Moucho,Deputy Secretary- General, Portuguese Bank Association (APB)
«The role of banking industry in the short and long term in a context of increase of interest rates.»

Maria Lúcia Leitão,Head of the Banking Prudential Supervision Department (DSP), Banco de Portugal
«Reactions from the Banco de Portugal»

Vinay Pranjivan, Senior Economist/Advisor in consumer protection for financial services DECO
«Consumers’ perspectives in the context of rising interest rates»

Debate & questions from the audience


Registration Closed

How to arrive:

The Campus is located at Campolide, Lisboa.

GPS coordinates: 38.7318544, -9.1622721,17 Lisboa

How to get to the Campus by Public Transport:

Bus: 701, 713, 716, 726, 742, 746, 756, 758, 770

Underground: S. Sebastião (Linha Azul e Linha Vermelha), Praça de Espanha (Linha Azul)