OBS_VALUE: The Ministry of Finance (or the Bank of Portugal, when such competence is delegated) must notify the European Banking Authority of all authorisations granted to set-up a credit institution.At the EU level, the conditions for the authorisation of a foreign credit institution cannot give rise to a more favourable treatment than the one from which benefit the remaining credit institutions. This implies that third country branches are authorised.   See Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, articles 35, 36 and 47.