Skip navigation
User training | Reference and search service

Library catalog

Retrievo
EDS
b-on
More
resources
Content aggregators
Please use this identifier to cite or link to this item:

acessibilidade

http://hdl.handle.net/10071/3685
acessibilidade
Title: The non-for-profit banks in Portugal: specificities, social role and evolution
Authors: Lagoa, S.
Leão, E.
Barradas, R.
Issue Date: 3-Aug-2012
Series/Report no.: DINÂMIA'CET - WP - Working Papers
2011/06
Abstract: This paper establishes the main differences between standard commercial banks and the two non-for-profit banks operating in Portugal (Caixa Agrícola – CA - and Caixa Económica Montepio Geral – CE-MG). In particular, we find differences in the way funds are raised, governance criteria, tax regime, application of profits and attitude towards profit. However, CA is more similar to a typical co-operative/mutual bank than CE-MG. Both banks have modernized and transformed into modern financial groups offering a wide variety of financial products similar to any commercial bank. However, this was not enough to avoid an erosion of their market position in terms of credit and deposits. The 2008 financial crisis’ impact on the profitability of CA was similar to the impact on the industry average, whereas on CE-MG the impact was milder.
Peer reviewed: Sim
URI: http://hdl.handle.net/10071/3685
Appears in Collections:DINÂMIA'CET-WP - Working papers com arbitragem científica

Files in This Item:
acessibilidade
File Description SizeFormat 
DINAMIA_WP_2011-06.pdf590.64 kBAdobe PDFView/Open


FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote Currículo DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.