1832 - 1900

In 1832, based on Decree No. 22 of May 16, the Committee of Interest on Real Loans and the Royal Treasury were dissolved. This led to the establishment of the Public Credit Committee (JCP), which operated independently from the Government. An Interim Committee was set up in its place (the Interim Committee of the Public Credit Committee).

The previous Committee of Interest on Real Loans was officially terminated and replaced by this Interim Committee. It wasn’t until October 1837 that the Public Credit Committee was fully established, with the Marquis of Ponte de Lima serving as its first President.

Throughout the late 20th century, the Public Credit Committee grew in prestige, having inherited a strong institutional reputation. This reputation, along with the personal standing of its leaders, facilitated the securing of loans, particularly from overseas, even during turbulent times.

In addition to overseeing numerous financial products with varying interest rates, amounts, and purposes, the JCP was instrumental in managing the Caixa Geral de Depósitos (CGD) at the time of its inception in 1876. It also managed the National Retirement Fund established in 1885 through CGD.