Banking in Portugal [electronic resource] /
Sérgio, Anabela.author.
Sérgio, Anabela.
This book explains how banking institutions in Portugal were able to maintain their strength and solubility while undergoing a demanding Program of Financial Assistance from the International Monetary Fund, the European Central Bank and the European Commission from May 2011 and May 2014.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; Foreword; Notes on Contributors; 1 Introduction; Main features of the Portuguese financial system; 2 The Impact of the Financial Crisis on Portuguese Banks: The Problem of Portuguese Sovereign Debt; From the Keynesian pact to a new Laffer curve; Adjustments have unavoidable signals; From Basel II to Basel III and the evolution of the banking sector; From the financing conditions of banking activity to the recapitalization of credit institutions; 3 Consolidation and the Evolution of Governance Models in Portuguese Financial Institutions
Portuguese governance modelsGovernance models adopted by Portuguese banks; The impact of the Financial Assistance Programme on banks' governance models; 4 Banking Supervision and Regulation in the Euro Area: The Case of Portugal; Economic rationale for financial services regulationand supervision; Banking regulation and supervision: Is there a role for central banks?; Regulation and supervision in Portugal; 5 Risk Management in Portuguese Financial Institutions; From uncontrolled political risk to the (unsurprising) declaration of disaster
Hazard or need: Portuguese banking system nationalizationRequest for EEC accession: Domestic political conflict and new levels of stability; The most relevant impacts of EU integration on the Portuguese banking system; The efficacy of Basel I within the framework of disruption of the former institutional model; Basel II Accords: The evolution of risk management in a framework of national emergency; Basel III Accord: The challenge of profitability; Conclusion; The bailout of Banco Espirito Santo (BES); 6 Performance and Efficiency of the Portuguese Banking System
Banking performance measurement: Theoretical and empirical backgroundEmpirical implementation; Banking system profitability, risk, and operating performance analysis; 7 Retail Banking for Households in Portugal; Main retail bank operations and their evolution (1990s and 2000s); Multichannel approach and branch capillarity; Portuguese retail banking figures; Portuguese retail banking euro area comparison; Facts and figures after the financial crisis; 8 Corporate and Investment Banking in Portugal; Lending to companies; Corporate and investment banking business segments
Trends in companies' loan qualityThe economic cycle and lending portfolio management; Trends in Portuguese investment banking; 9 Portuguese Banks and Their Expansion in Portuguese-Language Countries; Banco BIC; Finibanco Angola; Banco Fomento Angola (BFA); Caixa Geral de Depósitos (CGD); Millennium bcp; Conclusion; Index
Includes bibliographical references and index.
This book explains how banking institutions in Portugal were able to maintain their strength and solubility while undergoing a demanding Program of Financial Assistance from the International Monetary Fund, the European Central Bank and the European Commission from May 2011 and May 2014.
Banks and banking.
Finance, Public.
Economics.
Management science.
Business.
Banking.
Public Finance.
Economics, general.
Business and Management, general.