Banco de Portugal
Supplement to the Statistical Bulletin
December 1998
STATISTICAL DATA ON NON-MONETARY
FINANCIAL INSTITUTIONS
1.
INTRODUCTION · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
3
2.
STATISTICAL INFORMATION ON NMFI· · · · · · · · · · · · · · · · · · · · · · ·
3
2.1 Importance of the different types of NMFI · · · · · · · · · · · · · · · · · · · ·
3
2.2 Trend of non-securitised credit · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
5
3.
2.3 Share of non-performing loans in total credit granted· · · · · · · · · · ·
6
2.4 Structure of NMFI liabilities · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
7
METHODOLOGICAL NOTES · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.1 NMFI sector· · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.2 Information sources· · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.3 Characterisation of the information · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.3.1 Coverage of the NMFI sector · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.3.2 Periodicity of the reporting of the accounting data to the
Banco de Portugal· · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
8
3.3.3 Definition of the institutional sub-sectors covered · · · · · · ·
9
3.3.4 Terms · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
12
3.4 Information contents - summarised description of the contents
of each item · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
12
3.5 Correspondence between the groups for statistical purposes and the
4.
accounts of the chart of Accounts of the Banking System · · · · · · ·
18
3.6 Organisation of the information in the Statistical Bulletin· · · · · · ·
25
STATISTICAL DATA · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·
25
Supplements to the Statistical bulletin · · · · · · · · · · · · · · · · · · · · · · · · · · ·
49
Statistics Department
Number 1/98
Statistical data on non-monetary financial institutions
STATISTICAL DATA ON NON-MONETARY
FINANCIAL INSTITUTIONS
1. INTRODUCTION
2. STATISTICAL INFORMATION ON NMFI
Pursuant to the provisions laid down in the Organic Law of the Banco de Portugal, it shall be incumbent on it to centralise and prepare monetary
and financial statistics. The monetary statistics
component was recently the object of a deep
change, targeted at meeting the statistical reporting requirements defined within the scope of
Monetary Union (MU). Hence, in the next issue of
the Statistical Bulletin, the Banco de Portugal will
start a new phase of statistical disclosure with the
data for January, trying to adjust it to the post-MU
needs, while making the most of the change introduced in monetary statistics.
This Supplement is aimed at providing information on non-monetary financial institutions
(NMFI), so as to complement the data disclosed on
the basis of the information collected from the
banking system. For a better knowledge on the
concept of NMFI used in this document, please see
point 3. Methodological Notes.
The new data represent an important set of statistical information, unavailable up to the present,
which will bridge the gap that existed in this area.
Their utilisation will depend on the specific needs
of each user; at the internal level of the Banco de
Portugal, they will represent an important input in
the production of the Financial Accounts for the
Portuguese economy.
Given the interest in disclosing regularly statistical information on NMFI, it will become an integral part of the Statistical Bulletin.
With respect to a summarised statistical analysis of the data available on NMFI, included in the
final part of this Supplement, the following items
should be highlighted:
(*) Statistics Department.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
.
.
.
.
2.1
Importance of the different types of NMFI
Trend of non-securitised credit
Share of non-performing loans
Structure of NMFI liabilities
Importance of the different types of NMFI
Using Total Assets (see table 2) as a measure
of the relative importance of the different types of
NMFI, it can be seen that since December 1994, Financial Holding Companies and Financial Leasing
Companies as a whole have accounted approximately for 60 per cent of total assets. If total assets of
Holding Companies are not considered, Financial
Leasing Companies represent approximately 50 per
cent of Total Assets (45.2 per cent in December
1997 down from 54.7 per cent in December 1994).
Holding Companies have been gaining an increasing share in terms of the total assets (39.6 per
cent in December 1997 up from 18.2 per cent in
December 1994) and average total assets per institution (33.8 billion escudos in December 1997 against 10.5 billion escudos in December 1994), currently holding the largest share. It should be highlighted that this relative share derives from the
large share of the securities portfolio held by
these institutions (approximately 82.4 per cent of
the Assets).
Financial Leasing Companies rank in the second
place; as at 31 December 1997, they accounted for
3
Statistical data on non-monetary financial institutions
Chart 1
SHARE IN TOTAL ASSETS
December 1997
5
6
4
27.3 per cent of NMFI total assets against 44.7 per
cent as at 31 December 1994.
With respect to credit granted, excluding securities, Financial Leasing Companies are clearly the
most important group, since more than half of
non-securitised credit in NMFI portfolios is
granted by this type of companies.
As to results and taking as a reference 1997
Holding Companies were the most important - accounting approximately for 33.7 billion escudos
- followed by Investment Fund Managing Companies
and Financial Leasing Companies, with nearly 8 billion escudos.
3
2
1
Other
10
7
Series from table 1.
Table 1
TOTAL ASSETS OF NMFI
Assets
9
10
escudos
%
Dec-97
%
Dec-94
Number
of institutions
%
Dec-97
Average assets per
institution
Dec-97
Dec-94
Financial Intermediaries and Auxiliaries
2733.0
100.0
100.0
243
100.0
11.2
6.0
Financial Intermediaries
2650.3
97.0
96.2
127
52.3
20.9
10.0
1
Risk Capital Companies
43.7
1.6
3.1
10
4.1
4.4
2.8
2
Factoring Companies
233.9
8.6
9.4
10
4.1
23.4
12.3
3
Dealers
136.6
5.0
5.0
12
4.9
11.4
6.0
4
Credit-Purchase Financing Companies
282.9
10.4
8.1
25
10.3
11.3
4.7
5
Financial Holding Companies
1081.2
39.6
18.2
32
13.2
33.8
10.5
6
Financial Leasing Companies
746.7
27.3
44.7
28
11.5
26.7
17.9
7
Financial Intermediaries – Other
125.2
4.6
7.6
10
4.1
12.5
8.5
82.7
3.0
3.8
116
47.7
0.7
0.5
Financial Auxiliaries
8
Exchange Offices
1.7
0.1
0.1
25
10.3
0.1
0.0
9
Brokers
13.5
0.5
0.3
8
3.3
1.7
0.5
10
Investment Fund Managing Companies
37.6
1.4
2.1
54
22.2
0.7
0.6
11
Wealth Managing Companies
3.9
0.1
0.1
18
7.4
0.2
0.1
12
Financial Auxiliaries – Other
26.0
1.0
1.3
11
4.5
2.4
1.5
Series from tables in Chapter 4 of this Supplement.
4
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
2.2 Trend of non-securitised credit
65
55
Credit-purchase financing companies
Factoring companies
45
Percentage
35
25
NMFI
15
Banks
5
Dec97
Sep97
Jun97
Mar97
Dec96
Sep96
Jun96
Mar96
Financial leasing companies
-5
Dec95
In this analysis it was decided to exclude securities from the concept of credit, since an exhaustive institutional breakdown of the securities held
is not available. According to estimates, a very significant share of these securities is held by financial companies and, therefore, non-securitised
credit was utilised as a proxy to measure credit
granted by these companies to the non-financial
sector.
The growth of non-securitised credit granted
by NMFI in 1997 fell short of that of
non-securitised bank credit (see chart 2).
By type of institutions, the growth rates of
credit granted by Financial Leasing Companies have
been increasing gradually after a period of relative
stagnation.
Taking into account the information supplied
by Associação Portuguesa de Empresas de Leasing
Chart 2
YEAR - ON - YEAR GROWTH RATES
OF NON-SECURITISED CREDIT
Series from table 2.
Table 2
TREND OF NON-SECURITISED CREDIT
Amounts: 109 escudos
NMFI
94 Dec
888.9
tvh
%
-
95 Mar
Jun
922.3
-
Sep
Dec 1016.5
14.4
96 Mar
Jun
1057.6
14.7
Sep
Dec 1228.6
20.9
97 Mar
Jun
1208.0
14.2
Sep
Dec 1320.5
7.5
Financial
leasing
companies
tvh
%
579.3
-
564.0
-
557.2
-
554.3
-
561.5
-3.1
564.7
0.1
573.0
2.8
576.1
3.9
592.1
5.4
597.1
5.7
620.9
8.4
640.8
11.2
672.2
13.5
Share
Creditpurchase
financing
companies
65%
60%
55%
54%
48%
51%
51%
tvh
%
Share
104.9
-
121.7
-
142.3
-
154.8
-
163.1
55.5
181.4
49.1
198.1
39.2
209.6
35.3
230.2
41.1
232.8
28.3
250.8
26.6
242.4
15.7
262.5
14.0
12%
15%
16%
19%
19%
21%
20%
Factoring
companies
tvh
%
122.2
-
107.4
-
110.1
-
122.3
-
164.2
34.4
142.1
32.3
150.7
37.0
142.6
16.6
187.2
14.0
138.3
-2.7
160.3
6.4
165.4
15.9
229.3
22.5
Share
14%
Banks
tvh
%
8485.8
8736.0
12%
9148.0
9353.6
16%
14%
15%
13%
17%
9721.1
14.6
9840.2
12.6
10359.6
13.2
10703.2
14.4
11209.0
15.3
11605.2
17.9
12353.9
19.3
12930.1
20.8
13734.1
22.5
Series from tables in Chapter B.3 of the Statistical Bulletin and tables in Chapter 4 of this Supplement.
tvh: Year-on-year growth rate.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
5
Statistical data on non-monetary financial institutions
Chart 3
SHARE OF NON-PERFORMING LOANS
12
NMFI
8
6
Credit-purchase
financing companies
6
4
Banks
2
Sep97
Dec97
Jun97
Mar97
Sep96
Dec96
Jun96
Mar96
Dec95
Sep95
Jun95
Mar95
Dec94
0
Series from table 6.
Table 3
TREND OF NON-PERFORMING LOANS
2.3 Share of non-performing loans in total credit
granted
The share of non-performing loans in total
credit granted decreased by 3.4 percentage points
(p.p.) from December 1994 to December 1997, and
credit granted by Financial Leasing Companies and
Credit Purchase Financing Companies declined by 5.5
p.p. and 2.2 p.p., respectively (see chart 3).
At the end of 1997, and for NMFI as a whole,
the differential vis-à-vis the corresponding indicator for banks stood at 2.9 p.p. against 4.7 p.p. in
December 1994 (see table 3).
This development is likely associated with the
improved economic environment witnessed in the
past years and with improvements in the credit
risk management system of NMFI.
The differential vis-à-vis banks mirrors the increased risk involved in the operations contracted
by these institutions.
Financial leasing companies
10
Percentage
(Portuguese Association of Leasing Companies),
the most purchased goods through equipment and
real estate leasing were industrial machinery and
equipment, and stores and supermarkets, respectively. With respect to the activity sectors that resorted to leasing, Industry holds the leading position (42.8 per cent), followed by Private Services
(38.6 per cent).
Credit granted by Credit Purchase Financing
Companies has also increased at high rates, its
share in total credit having stabilised around 20
per cent in the past two years. According to the information supplied by Associação de Sociedades
Financeiras para Aquisições a Crédito (Association of
Credit Purchase Financing Companies), “means of
transportation” hold the largest share in total
credit granted. On the other hand, with respect to
the breakdown by institutional sectors of credit
granted, “Households” account for 70 per cent.
With respect to Factoring Companies, their share
in total credit granted by NMFI stood between 12
per cent and 17 per cent in the 1994 - 1997 period,
standing at 17 per cent in December 1997.
Percentage
94 Dec
NMFI
total
Financial
leasing
companies
Creditpurchase
financing
companies
Banks
9.3
9.6
9.2
4.6
9.9
9.9
4.5
9.2
9.8
8.8
4.3
9.7
8.5
4.5
8.6
9.3
7.8
3.9
9.6
8.1
4.2
8.9
9.3
7.1
4.0
8.3
6.8
4.1
6.5
6.8
3.5
6.3
7.1
3.7
6.9
5.4
7.0
3.3
5.1
7.5
3.2
5.9
4.1
7.0
3.0
95 Mar
Jun
Sep
Dec
96 Mar
Jun
Sep
Dec
6.8
97 Mar
Jun
Sep
Dec
Series from tables in chapter B.3 of the Statistical Bulletin and
tables in chapter 4 of this Supplement.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
2.4
Structure of NMFI liabilities
With respect to the structure of liabilities (see
table 4), it can be seen that Capital Accounts and
Reserves are the major financing sources of NMFI,
corresponding to 36.7 per cent of total liabilities.
Excluding Holding companies, loans and other similar resources are the major financing source of
most NMFI (44 per cent of liabilities). These loans
are in their majority granted by resident banks.
Of total Bonds (excluding subordinated bonds)
issued by NMFI, 55.7 per cent correspond to
bonds held by resident banks, Financial Leasing
Companies being the main issuing entities.
Chart 4
LIABILITIES STRUCTURE
Capital
accounts and
reserves
Other
liabilities
Loans and
other similar
resources
Bonds and
other fixedincome
securities
Subordinated
loans
Series from table 4.
Table 4
FINANCIAL SOURCES OF NMFI
December 1997
NMFI
total
Loans and other similar resources
Resident Monetary Financial Institutions
Of which:
Financial leasing
companies
Financial holding
companies
PTE
billion
Share of
total
liabilities
PTE
billion
Share of
total
liabilities
PTE
billion
Share of
total
liabilities
855.7
31.3
352.0
47.1
129.1
11.9
670.8
24.5
277.3
37.1
106.1
9.8
Resident Non-monetary Financial Institutions
92.7
3.4
64.5
8.6
0.0
0.0
Non-resident Financial Institutions
17.6
0.6
9.5
1.3
0.2
0.0
Non-specified sector
74.5
2.7
0.6
0.1
22.7
2.1
56.9
2.1
28.7
3.8
19.8
1.8
1.9
0.1
1.6
0.2
0.0
0.0
363.2
13.3
208.5
27.9
86.5
8.0
202.4
7.4
129.9
17.4
29.4
2.7
1001.8
36.7
93.4
12.5
748.3
69.2
134.6
4.9
24.0
3.2
38.8
3.6
455.5
16.7
64.2
8.6
97.5
9.0
2733.0
100
746.7
100
1081.2
100
Subordinated loans
Of which: Subordinated bonds in resident banks
Bonds (excluding subord. bonds) and other fixed-income securities
Of which: Bonds in resident banks
Capital accounts and reserves
Of which: Shares in resident banks
Other liabilities
Liabilities
Series from tables in Chapter 4 of this Supplement.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
7
Statistical data on non-monetary financial institutions
3. METHODOLOGICAL NOTES
3.1
NMFI sector
In Portugal, the NMFI sector includes: (i) Other
Financial Intermediaries, (ii) Financial Auxiliaries,
(iii) Insurance Companies, (iv) Pension Funds and
(v) non-profit institutions, with independent legal
status, serving financial institutions.
3.2
Information sources
The statistical data disclosed only refer to
non-monetary institutions supervised by the
Banco de Portugal, and therefore they do not include insurance companies, pension funds and investment funds. Data are grouped into two
sub-sectors: Financial Intermediaries (other than
Investment Funds) and Financial Auxiliaries.
These data have an accounting nature and were
prepared according to the Charts of Accounts of
the Banking System in force up to 31 December
1998, wherefore the disclosure and nomenclature
criteria utilised do not coincide with those applied
to the data normally disclosed in the Statistical Bulletin.
Balance sheets and the Profit and loss accounts
are the sources of the information disclosed.
3.3
Characterisation of the information
3.3.1 Coverage of the NMFI sector
Financial Intermediaries are institutional units
whose activity consists in the acquisition of assets
and in the incurring of liabilities by engaging in financial transactions on the market. A financial intermediary does not simply act as an agent, but
places itself at risk by acquiring financial assets
and incurring liabilities on its own account.
The financial intermediaries covered are the
following:
•
•
•
•
•
•
•
8
Financial Auxiliaries are financial companies
and quasi-companies, which are principally engaged in financial auxiliary activities, i.e., activities
closely related to financial intermediation, but
which are not financial intermediation themselves.
Financial auxiliaries do not set themselves at risk
by acquiring assets or incurring liabilities.
The financial auxiliaries covered are the following:
Risk capital companies
Factoring companies
Dealers
Credit-purchase financing companies
Financial holding companies
Financial leasing companies
Financial intermediaries - Other (1)
•
•
•
•
•
Exchange offices
Brokers
Investment fund managing companies
Wealth managing companies
Financial auxiliaries - Other(2)
3.3.2 Periodicity of the reporting of the accounting data
to the Banco de Portugal
Each type of NMFI is subject to a different reporting periodicity, accounting for the different
timing of the tables disclosed. Thus:
Type of NMFI
Periodicity of
the reporting
Risk capital companies
Quarterly
Factoring companies
Monthly
Dealers
Monthly
Credit-purchase financing companies
Monthly
Financial holding companies
Bi-annual
Financial leasing companies
Monthly
Financial intermediaries - Other
Monthly
Exchange offices
Quarterly
Brokers
Monthly
Investment fund managing companies
Monthly
Wealth managing companies
Monthly
Financial auxiliaries - Other
Quarterly
(1) Including Regional development companies, Credit-card issuing or managing companies, Investment companies,
Credivalor and Finangeste.
(2) Including Group-purchase managing companies, Foreignexchange and money-market mediating companies and SIBS.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
3.3.3 Definition of the institutional sub-sectors covered
Resident Non-Monetary Financial Institutions
Where possible, the statistical series are broken
down into institutional sectors:
This sector is composed of all the institutions of
the financial sector which are not included in the
monetary financial institutions sector. In Portugal
this sector is composed of Other Financial Intermediaries and Financial Auxiliaries, Insurance
Companies and Pension Funds. It also includes
non-profit institutions with an independent legal
status serving financial institutions.
This subsector includes the institutions covered
in this Supplement, viz.:
Residents
Residents in Portugal are all the entities that
meet the definition of resident institutional unit,
i.e., an institutional unit which has a centre of economic interest on the Portuguese economic territory. In the statistical data being disclosed, emigrants are included in the resident sector.
Residents are classified into:
Financial Sector
The financial sector of the economy includes
the institutions (called financial institutions) which
are entrusted with money creation capacity and
those which, albeit not having such capacity, are
engaged in financial intermediation activities, by
canvassing for savings and subsequently investing
them in financial assets, as well as providing related financial and technical services. The Financial Sector is composed of:
Resident Monetary Financial Institutions
This sector is composed of resident credit institutions, as defined in Community Law, as well as
of the other resident financial institutions engaged
in the acceptance of deposits and/or close substitutes for deposits of entities other than Monetary
Financial Institutions and, on their own account, in
the granting of credit and/or in carrying out investments in securities. In Portugal, this sector is
composed of banks(3) , savings banks and mutual
agricultural credit banks(4) (for a complete list of
the institutions please visit the Web site of Banco
de Portugal, at the following address:
www.bportugal.pt).
(3) Including Banco de Portugal and Caixa Geral de Depósitos.
(4) Including the Central Mutual Agricultural Credit Bank.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
• Risk capital companies (Portuguese acronym: SCR)
These financial companies take the form of joint
stock companies (sociedades anónimas), being engaged in the support and promotion of investment
and technological innovation in projects or businesses, through the temporary participation in
their capital. Subsidiarily, they provide assistance
in the financial, technical, administrative and commercial management of the companies in which
they have shareholdings.
• Factoring companies (Portuguese acronym: SF)
These financial companies take the form of joint
stock companies, being principally engaged in the
acquisition of short-term debts in respect of the
sale of goods or provision of services on the domestic and external markets. In general, factoring
or financial assignment consists in the acquisition
by a financial intermediary (the factor) of
short-term claims that the suppliers of goods or
services (the participants) have on their clients (the
debtors).
• Dealers (Portuguese acronym: SFC)
These financial companies take the form of joint
stock companies or limited liability companies
(sociedades por quotas), being principally engaged in
the following intermediation activities in transferable securities:
a) Receipt of orders from investors to subscribe,
buy or sell securities and to execute them
when the financial intermediary who receives
the orders is authorised to operate on the mar-
9
Statistical data on non-monetary financial institutions
ket to which they specifically concern, or failing
this, through another intermediary legally authorised for the purpose;
b) Trading of securities on their own account,
through the acquisition and sale of those securities for the account and risk of the intermediary for the exclusive purpose of
benefitting from the margin between the acquisition and selling price;
c) Trading, through a financial intermediary
authorised to operate on the stock market,
or on other secondary markets, on their own
account for the main purpose of ensuring
the creation, maintenance or development of
a regular and continuous market for the securities being traded and to ensure the adequate calculation of their prices or quotations. They also carry out short-selling operations and grant to their clients loans or collateral loans for the purchases and sales resulting from such operations.
• Credit-purchase financing companies (Portuguese
(b) of the Legal Framework of Credit Institutions
and Financial Companies, i.e., where the
shareholdings directly or indirectly held, give
them a majority of the voting rights in one or more
credit institutions or financial companies.
• Financial leasing companies (Portuguese acronym:
SLF)
These financial institutions take the form of
joint-stock companies, being exclusively engaged
in financial leasing activities, as defined in the legislation in force. In a leasing contract, one of the
parties is legally committed, against payment, to
grant to the other party the temporary use of a
good acquired or constructed according to indications of the second party, which the latter may
purchase, totally or in part, within a
pre-established period, against the payment of a
price to be determined under the terms of the contract.
• Financial intermediaries - Other
acronym: SFAC)
These financial institutions take the form of
joint stock companies, being principally engaged
in:
These include Regional Development companies, Credit-card issuing or managing companies,
Investment companies, Credivalor and Finangeste.
• Regional development companies (Portuguese acronym: SDR)
a) financing the purchase or the supply of specific goods and services, by granting direct
credit to the purchaser or to the supplier, discount or other forms of negotiation of credit
securities, giving guarantees, and advancing
funds against credits assigned to them;
b) providing services directly related to the above financing forms, such as the mere credit
management.
• Holding companies (Portuguese acronym: SGPS)
These financial institutions take the form of
joint-stock companies or limited liability companies, being engaged in the management of
shareholdings of other companies, as an indirect
way of carrying on economic activities. They include the holding companies that fall within the
scope of the provisions laid down in Article 117
10
These financial institutions take the form of
joint-stock companies and have the specific purpose of promoting productive investment in the
region where they are located, with a view to its
economic and social development.
• Credit-card issuing or managing companies (Portuguese acronym: SGCC)
These financial institutions are not obliged to
have a specific legal status, although those set up
in Portugal have taken the form of joint stock companies. The purpose of these companies is to issue
credit cards, which enable the respective holder to
purchase goods in certain retailers (those participating in the system) without an immediate payment. Settlement is made by the issuing institution, and later repaid by the card holder.
• Investment companies (Portuguese acronym: SI)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
These financial companies take the form of
joint-stock companies, being exclusively engaged
in the following financial operations:
a) granting of medium-and long-term credit,
excluding consumer credit;
b) subscription of bonds and other marketable
debt securities;
c) acquisition and sale of funds on the money
market;
d) placement and underwriting of securities;
e) acquisition of shareholdings of companies;
f) receiving medium-and long-term credit
from credit institutions or from foreign or international financial institutions, for the account of national companies.
Investment companies can also provide financial intermediation auxiliary services, such as:
a) advice on the setting up of companies or on
the economic and financial reorganisation of
companies in which they have shareholdings;
b) co-operation in the reorganisation of other
companies;
c) preparation of technical advice on the feasibility of companies or investment projects;
d) asset management;
e) management of closed-end investment
funds.
Financial Intermediaries - Other also include
Credivalor and Finangeste - Empresa Financeira de
Gestão e Desenvolvimento, S.A. (Portuguese acronym: OIF), whose principal activity is the acquisition and recovery of credit.
• Exchange offices (Portuguese acronym: AC)
These financial institutions take the form of
joint-stock companies or limited liability companies, being exclusively engaged in the acquisition
or sale of foreign banknotes and coins or travellers’ cheques, always against an equivalent in escudos. Additionally, exchange offices may buy
gold and silver in coin or bullion, as well as coins
for numismatic purposes.
• Brokers (Portuguese acronym: SC)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
These financial institutions take the form of
joint-stock companies or limited liability companies, being principally engaged in receiving orders
from investors for the subscription or negotiation
of transferable securities and their execution by
the financial intermediary receiving them, when it
is authorised to operate on the market to which
the orders specifically relate or, failing this,
through another intermediary legally authorised
for the purpose.
• Investment Fund Managing Companies (Portuguese
acronym: SGFI)
These financial institutions take the form of
joint-stock companies, being exclusively engaged
in the management of one or more investment
funds, in representation of the participants.
• Wealth managing companies (SGP)
These financial institutions take the form of
joint-stock companies, being exclusively engaged
in the management of groups of assets, the
so-called portfolios, belonging to third parties.
Wealth managing companies can also provide
consultancy services in the investment area.
• Financial auxiliaries - Other
Financial auxiliaries - Other include Grouppurchase managing companies, Foreign-exchange
or money-market mediating companies and SIBS Sociedade Interbancária de Serviços, S.A. (Interbank
Services Company).
• Group-purchase managing companies (Portuguese
acronym: SACEG)
These financial institutions(5) take the form of
joint-stock companies, being exclusively engaged
in the management of group purchases, defined in
the legislation in force as a system through which
a given group of individuals, the “participants”
create a common fund to which they pay periodic
instalments in cash; the managing company is re-
(5) In this case, a reporting is made of the accounting position of
the institution and related groups.
11
Statistical data on non-monetary financial institutions
sponsible for the management of the fund, so that
every participant will acquire the goods or services mentioned in the contract.
• Foreign-exchange or money-market mediating companies (Portuguese acronym: SMMMC)
These financial institutions take the form of
joint-stock companies or limited liability companies, being exclusively engaged in intermediation
operations on the money market or on the foreign
exchange market and in the provision of related
services.
SIBS - Sociedade Interbancária de Serviços, S.A.
(Portuguese acronym: OAF) is also included in
this group; its principal activity is the setting up,
assembly and management in Portugal of national
and/or international payment systems, which are
exclusively used by their shareholding credit institutions in the relationship with their clients.
General government
Includes entities with or without administrative
autonomy, which are principally engaged in the
production of non-market services, i.e., services
provided for collective or household use, free or
virtually free of charge, and/or engaged in the redistribution of national income and wealth, being
mainly financed by direct or indirect compulsory
payments made by units belonging to other sectors. It includes non-profit institutions, which are
principally engaged in the production of
non-market services and which are controlled and
mainly financed by the above entities.
3.3.4 Terms
Short-term
Short term shall mean the period up to one
year.
Medium- and long-term
Medium- and long-term shall mean the period
over one year.
3.4
Information contents - summarised description
of the contents of each item
Balance sheet
1. Deposits and other similar investments
Banknotes and coins which are legal tender in
Portugal or abroad(6) .
Immediately or quasi-immediately available assets and placements (values that reflect the credit
activity as well as some securities, which are not
immobilisable, such as intervention bills (títulos de
intervenção monetária)) with financial institutions,
viz.:
Þ
Þ
Þ
Non-financial sector (other than the General
Government)
This sector includes non-financial companies,
individuals and emigrants.
Non-residents
Includes all the institutions that are not included in the definition of resident institutional
unit.
12
Þ
Demand deposits, sight deposits which can be
immediately converted into cash without
restriction or cost and can be transferred by
cheque or other means of payment, namely
through a payment order or debit card.
Cheques to be collected, cheques drawn by a
third party on resident monetary financial
institutions.
Interbank money market loans, supply of funds
within the scope of the rules laid down for
the interbank money market in Instruction
No. 35/96 of Banco de Portugal.
Interbank Securities Market, includes intervention bills and monetary certificates (títulos de
regularização monetária) issued by the Banco
de Portugal.
(6) Given the negligible share of banknotes and coins held in portfolio, it was decided to include them in this category.
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
Þ
Þ
Þ
Þ
Þ
Very-short term placements, operations for the
supply of funds, for a period not exceeding
two working days, outside the interbank
money market.
Notice deposits, deposits for a non-specified
term, withdrawable upon notice to the deposit-taking institution, according to the
conditions previously agreed between the
parties in the “notice clause” of the contract.
Time deposits, deposits for a fixed term, whose withdrawal before maturity, if possible, is
in general subject to certain conditions or
penalties.
Certificates of deposit, include the certificates
of deposit issued by Banco de Portugal, under the provisions laid down in Notice No.
7/94, of 19 October.
Loans (at the short, medium and long term),
reflect credit granted by NMFI to Financial
Institutions.
2. Securities
2.1. Securities other than shares
Bonds or other negotiable fixed-income securities, issued by credit institutions, other companies
or public entities. The values whose rate is indexed to certain parameters are registered under
fixed-income securities.
Bonds are fixed-income securities representing a
loan whose remuneration conditions, at a fixed or
a variable rate, are fixed at the start by the issuing
body.
Commercial paper are debt securities issued under Decree-Law No. 181/92 of 22 August and
other legislation in force. These securities are issued at maturities of less than two years, and can
only be issued at maturities of over one year if
they are intended for private subscription. They
are issued at a fixed maturity although their advance redemption is possible. They have a minimum nominal value legally fixed, and can be issued either in escudos or in foreign currency, by
resident or non-resident units, provided that they
comply with the legal requirements in force.
Other debt securities are negotiable securities,
usually negotiated on financial markets, confer-
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
ring on their holder the unconditional right to a remuneration, defined in a contract, but which do
not grant any ownership rights on the issuing entity.
2.2. Shares and other equity
Shares, participating bonds and other securities
whose income depends in full or in part on the
profit/loss obtained by the issuer.
This item includes financial fixed assets
(shareholdings and equities in companies and
other fixed financial placements) and gains/losses
on variable-income negotiable securities.
Shares are negotiable financial assets representing rights of ownership over companies or
quasi-companies. These financial assets generally
give to their holders the right to a share in the
profits of the issuing bodies and to a share in their
own funds in the event of winding-up.
Participating bonds are securities representing
the indebtedness of public companies and
joint-stock companies (directly or indirectly) controlled by the State, to raise permanent funds to
meet the requirements of stable funds. Their
long-term nature is mirrored in the possibility of
converting them into capital and in the redemption conditions. These securities give right to an
annual remuneration comprised of a fixed share,
whatever the results of the issuing entity, and to a
variable share, depending on the results of the issuing entity.
This item also includes Units of participation, i.e.,
securities corresponding to units of investment
funds, which may be represented by certificates of
one or more units or in book-entry form.
3. Loans and advances
3.1. Loans and advances (excluding non-performing loans)
Loans whose maturity, interest rate, repayment
conditions and interest payment may be defined
in a contract. In general, it is the debtor who takes
the initiative to make a loan, its conditions being
fixed by the creditor or agreed between the two
parties.
13
Statistical data on non-monetary financial institutions
Includes credit operations, such as:
Loans resulting from factoring operations;
Þ
Financing by dealers within the scope of
Þ
short-selling operations (credit granting for
the acquisition of transferable securities);
Current account credit (namely credit resulÞ
ting from the issue of credit cards);
Discount;
Þ
Financial leasing operations (temporary
Þ
transfer of the right to use a good by its owner - the lessor - to a third party - the user or
lessee - by means of rental payments and reserving the right to buy the good for a residual value, within a pre-established period
of time and under the conditions agreed
upon;
Subordinated loans (any type of loans with a
Þ
subordination or equivalent clause(7) );
Reverse repurchase agreements (registratiÞ
on, for the amount at which the assets are to
be resold, of the assets acquired from residents with repurchase agreement);
Investment of earmarked resources (investÞ
ment of earmarked resources transferred by
a third party to the institution, under the
conditions laid down by the consignor, whose credit risk is borne by the institution itself).
4.2. Trade credits and advances / 9.1. Trade credits and
advances
Financial rights resulting from the direct granting of credit by suppliers and buyers on account of
goods and services transactions, and payments for
works in progress or to be started, associated with
such transactions.
These include, namely:
Fixed assets under construction (advances
Þ
and settlements associated with the carrying
out of big repairs or improvements and with
the purchase of fixed assets, while they are
still under construction);
Advances on account of financial leasing
Þ
operations to be carried out (advances on account of reconstruction, expansion and improvement works or of the purchase of
goods intended for financial leasing);
Valuables representing the supply of goods
Þ
and services provided pending settlement,
when they are not confirmed by a loan.
These exclude loans for the financing of commercial credits and the supply of goods under a financial leasing contract.
4.3. Other accounts receivable / 9.2. Other accounts payable
3.2. Non-performing loans
Includes assets representing capital or interest
debts fallen due relating to placements, securities
or credit granted.
Includes financial rights resulting from the time
that lapses between the carrying out of distribution operations and corresponding payment, as
well as the financial rights falling due in the
course of time.
(7) That is, in the event of bankruptcy they are only repaid after
the other creditors for the non-subordinated debt.
These include, namely:
. Taxes recoverable / payable;
. Subsidies recoverable / payable;
. Coupons negotiated prior to maturity date;
. Profits or costs imputable to the period lapsed, receivable or payable subsequently;
. Receipts and expenditure already determined and registered, but imputable to subsequent periods;
. Other operations pending settlement, that
do not take the form of loans.
14
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
4. Other assets / 9. Other liabilities
4.1. Fixed assets
Assets belonging to the institution earmarked
for its activity, namely real estate and equipment.
Fixed assets are considered net of depreciation.
Statistical data on non-monetary financial institutions
4.4 Other / 9.3. Other
Financial assets that do not fall within the scope
of the above instruments and items, namely transit
items are not considered in other accounts receivable/payable.
and other liabilities represented by securities, such
as Commercial Paper. Includes similar instruments to those described in 2.1. Securities / Securities other than shares.
8. Capital accounts and reserves
Under Assets, are included:
. Gold and precious metal;
. Intangible assets, net of depreciation;
. Profit taxes, before the calculation of results;
. Current costs for the year.
Under Liabilities are included:
. Provisions for non-performing loans and for
credit fallen due, provisions for the depreciation
of
securities,
provisions
for
country-risk, provisions for depreciation of
fixed financial assets, provisions for foreign
exchange fluctuation risk and other provisions not included in item 8.3;
. Current profits for the year.
5. Loans and other similar resources
This item includes:
. liabilities towards credit institutions set up
in Portugal or abroad: Interbank Money
Market, very short-term resources, Loans
and other resources;
. liabilities on account of resources resulting
from loan agreements;
. liabilities on account of the contracting of fixed assets under financial leasing (for the capital share included in rental payments).
6. Subordinated loans
Securitised and non-securitised long-term
loans, with a subordination clause, i.e., in the
event of bankruptcy of the issuing body they do
not enjoy preferred treatment.
7. Bonds (excluding subordinated bonds) and other
fixed-income securities
Reflects an institution’s liability on account of
the issue of bonds (excluding subordinated bonds)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
8.1 Equity capital
Financial assets representing the capital of institutions, i.e., shares or other equity. Includes similar instruments to those described in 2.2. Securities
/ Shares and other equity.
8.2. Reserves and net income
Reserves made up by the reporting institution,
irrespective of their nature. Includes issue premia,
inter alia.
Current and extraordinary profit or loss for the
year and results carried forward from previous
years.
8.3. Provisions for sundry risks
Provisions for general credit risks, retirement
and survivorship pensions and overall banking
risks.
Profit and Loss Account
1.1. Interest costs and equivalent
Financial costs which are due for the use of external funds, including commissions that could be
viewed as interest and are calculated according to
the maturity or amount; the value incurred as a result of acquiring assets above the reimbursement
value or commitments sold below that value.
1.2 Commissions payable
Commissions and other amounts paid by the
institution for financial services supplied by third
parties and commissions and other forms of risk
premia paid that could not be considered as interest payments.
15
Statistical data on non-monetary financial institutions
1.3. Losses on financial operations
Includes among other costs:
. Losses and valuation differences of the foreign exchange positions;
. Losses on assets operations (as for instance,
gold operations);
. Losses and valuation differences on placements (securities);
. Valuation differences on resources from
third parties;
. Costs and losses on off-balance sheet operations.
.
.
.
Provisions for depreciation of financial fixed
assets;
Provisions for country-risk;
Sundry provisions, such as for foreign exchange risks.
1.9. Other costs and losses
Includes among other costs:
. Gifts and contributions;
. Interest paid on participating
(non-guaranteed variable share);
. Losses on financial leasing goods.
bonds
1.4. Personnel costs
2.1. Interest income and equivalent
Includes salaries, whatever their form, compulsory or voluntary social costs and all other costs
that could be related to the staff.
1.5. Supplies and services from third parties
Includes costs related to the supply of third
parties, such as water and energy supplies, services provided by third parties (namely letting
and renting) and costs associated with the issue of
bonds and other securities.
1.6. Taxes
Financial profits received from credit granted,
fixed-income securities and other placements, including commissions that could be considered as
interest and are calculated according to the maturity and amount; profits obtained from assets acquired below reimbursement value or commitments sold above that value.
2.2. Income from securities
Includes income obtained from variable-income
securities and shareholdings.
Includes all taxes, with the only exception of
profit taxes.
2.3. Commissions receivable
1.7. Depreciations for the year
Includes the amounts corresponding to the depreciation of the goods that make part of tangible
and intangible fixed assets that the company utilises in its operational activity.
Includes commissions received from the provision of financial services; commissions and other
forms of risk premia received, that cannot be considered as interest.
2.4. Profits on financial operations
1.8. Provisions for the year
Includes:
. Provisions for non-performing loans and for
credit fallen due;
. Provisions for the depreciation of securities;
. Provisions for other placements;
16
Includes:
. Profits and revaluation differences of the foreign exchange position;
. Profits on assets operations;
. Profits and revaluation differences on placements (securities);
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
.
.
.
Revaluation differences on resources from
third parties;
Profits and gains on off-balance sheet operations;
Other profits on financial operations.
.
.
.
.
.
securities depreciation;
other placements;
depreciation of financial fixed assets;
country-risk;
sundry, such as foreign exchange valuation
risks.
2.5. Replacement and provisions deducted
2.6. Other income and profits
Includes refunds and cancellation of provisions
for:
. non-performing loans and for credit fallen
due;
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Includes real estate income, remunerations of
social jobs and reimbursement of expenditure.
17
Statistical data on non-monetary financial institutions
3.5 Correspondence between the groups for statistical purposes and the accounts of the chart of Accounts of
the Banking System
Balance sheet
Information contents
Assets
1.Deposits and other similar investments
1.1 Resident Monetary Financial Institutions
10. Cash (+)
11. Demand deposits with the Banco de Portugal (+)
12. Liquid funds on credit institutions in the country (+)
20.Placements on credit institutions in the country (-)
202.Placements on credit institutions in the country / On other credit institutions
of which: Demand deposits
11. Demand deposits with the Banco de Portugal (+)
1200.Assets on credit institutions in the country / Other monetary
institutions / Demand deposits
............
With respect to SCR, SGPS, SGFI and SGP account 12. was included instead of account 1200., while for OAF account 12/3. was included, since account 12. is not broken down in these situations.
1.2. Resident Non-Monetary Financial Institutions
202. Placements on credit institutions in the Country / Other credit
institutions
...............
Since account 20. is not broken down for SCR, SGPS and SACEG, it was
decided to consider account 202. to be nil.
1.3. Non-resident Financial Institutions
13. Assets on Credit institutions abroad (+)
21.Placements on credit institutions abroad
2. Securities
2.1. Securities other than shares
2.1.1. Securities issued by residents
2.1.1.1. General government
2400. Securities - negotiation / fixed income - issued by residents /
Portuguese public debt (For SFC and SI) (+)
2401. Securities - negotiation - fixed income - issued by residents /
By other national public issuers (For SFC and SI) (+)
2500. Securities - Investment / Fixed income - issued by residents /
Portuguese public debt (For SCR, SFC, SI, SGFI and SACEG) (+)
2501.Securities - Investment / Fixed income - issued by residents /
By other national public issuers (For SCR, SFC, SI and SGFI) (+)
2600. Securities held up to maturity / Issued by residents / Portuguese public debt securities (For SFC and SGFI) (+)
2601. Securities held up to maturity / Issued by residents / By other
national public issuers (For SFC and SGFI)
2.1.1.2. Other issuers
2402. Securities - negotiation / Fixed income - issued by residents /
By other residents (For SFC and SI) (+)
2480.Securities - negotiation / Own Securities / Fixed income (For
SF, SFAC, SLF and SI) (+)
2502.Securities - Investment / Fixed income - issued by residents /
By other residents (For SCR, SFC, SI and SGFI) (+)
2580. Securities - Investment / Own Securities / Fixed income (For
SCR, SDR, SF, SFAC, SGPS, SI, SLF, OIF and OAF) (+)
2602.Securities held up to maturity / Issued by residents / By other
residents (For SFC and SGFI)
18
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
Balance sheet
Information contents
2.1.1.3. Resident issuers of non-specified sector
240.Securities - Negotiation / Fixed income - issued by residents (For
SDR, SF, SFAC and SLF) (+)
250.Securities - investment / Fixed income - issued by residents (For
SDR, SF, SFAC, SLF, OIF, AC, SC, SGP and SMMMC) (+)
250/1.Securities - Investment / Fixed income (For SGPS) (+)
2501/2. Securities / Fixed income - issued by residents / By other issuers (For SACEG) (+)
26.Securities held up to maturity (For SDR and SGCC) (+)
260.Securities held up to maturity / Issued by residents (For SCR,
SF, SFAC, SGPS, SI, SLF, OIF, AC, SC, SGP, SACEG and
SMMMC)
2.1.2 Securities issued by non-residents
241.Securities - Negotiation / Fixed income - issued by
non-residents (For SF, SFC, SFAC, SI, SLF) (+)
251.Securities - Investment / Fixed income - issued by non-residents
(For SCR, SF, SFC, SFAC, SI, SLF, OIF, SACEG, AC, SC, SGFI,
SGP and SMMMC) (+)
261.Securities held up to maturity / Issued by non-residents (For
SCR, SF, SFC, SFAC, SGPS, SI, SLF, OIF, SACEG, AC, SC, SGFI,
SGP and SMMMC)
2.2 Shares and other equity
2.2.1 Securities issued by residents
243.Securities - Negotiation / variable income - issued by residents
(For SDR, SF, SFC, SFAC, SI and SLF) (+)
253.Securities - Investment / variable income - issued by residents
(For SDR, SF, SFC, SFAC, SI, SLF, SCR, OIF, SACEG, AC, SGFI
and SMMMC) (+)
2481. Securities - Negotiation / Own Securities / Variable income
(For SF, SFAC, SI and SLF) (+)
2581.Securities - Investment / Own Securities / Variable income (For
SF, SFAC, SI, SLF, SCR, SDR, SGPS, OIF and OAF) (+)
4002.Financial fixed assets / Participations / In other companies in
the country (For SCR) (+)
4012.Financial fixed assets / Equities in related companies / In other
companies in the country (For SCR)
2.2.2 Securities issued by non-residents
244.Securities - Negotiation / Variable income - issued by
non-residents (For SF, SFC, SFAC, SLF and SI) (+)
254.Securities - Investment / variable-income - issued by
non-residents (For SF, SFC, SFAC, SLF, SI, SCR, OIF, SACEG,
AC, SGFI and SMMMC) (+)
4003.Financial fixed assets / Participations / In other companies
abroad (For SCR) (+)
4013.Financial fixed assets / Equities in related companies / In other
companies abroad (For SCR) (+)
402.Financial fixed assets / Funds earmarked for representations
abroad (For SCR)
2.2.3 Shares and other equity of non-specified sector
253/4.Securities - Investment / Variable-income (For SGPS) (+)
249.Securities - Negotiation / Values - Variable-income securities
(For SDR,SF, SFC, SFAC, SLF and SI) (+)
40.Financial fixed assets (For all types of NMFI that have this account,
other than SCR) (+)
409 Financial fixed assets / Other financial assets (For SCR)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
19
Statistical data on non-monetary financial institutions
Balance sheet
Information contents
2.3 Securities of non-specified income
245.Securities - Negotiation / Subordinated securities (For SF, SFC,
SFAC, SLF, SDR and SI) (+)
255.Securities - Investment / Subordinated securities (All types of
NMFI that have this account, other than SGCC) (+)
248.Securities - Negotiation / Own securities (For SDR and SFC) (+)
258.Securities - Investment/ Own securities (All types of NMFI that
have this account, other than SGCC) (+)
24.Securities - Negotiation (For SGPS and OAF) (+)
25.Securities - Investment (For SGCC)
3. Loans and advances
3.1. Loans and advances (excluding non-performing loans)
3.1.1. Residents
3.1.1.1. Short-term
220. Domestic loans/ Short-term
3.1.1.2. Medium- and long-term
221.Domestic loans / Medium- and long-term (+)
225.Domestic loans / Subordinated loans (+)
2260. Domestic loans / Equipment leasing operations / Contracts
concluded (+)
2270. Domestic loans / Real estate financial leasing operations /
Contracts concluded (+)
228. Domestic loans / Investment of earmarked funds
3.1.1.3. Non-specified term
3.1.2. Non-residents
22. Domestic loans (For SGPS)
23. External loans (+)
235. External loans / Subordinated loans (For SLF) (+)
2360. External loans / Equipment leasing operations / Contracts
concluded (For SLF) (+)
2370. External loans / Real estate financial leasing operations / Contracts concluded (For SLF)
3.2. Non-performing loans
3.2.1. Residents
280. Credit and interest fallen due / Investment in credit institutions
in the country (+)
282. Credit and interest fallen due / Domestic credit (+)
2882. Credit and interest fallen due / Interest fallen due to be settled
/ Of domestic credit
3.2.2. Non-residents
281. Credit and interest fallen due / Investment in credit institutions
abroad (+)
283. Credit and interest fallen due / External credit (+)
2883.Credit and interest fallen due / Interest fallen due to be settled
/ Of external credit
20
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
Balance sheet
3.2.3. Non-specified sector
Information contents
284. Credit and interest fallen due / Securities (+)
287. Credit and interest fallen due / Other credit fallen due (+)
288. Credit and interest fallen due / Interest fallen due to be
settled (-)
2882. Credit and interest fallen due / Interest fallen due to be settled/ Of Domestic credit (-)
2883. Credit and interest fallen due / Interest fallen due to be settled/ Of external credit (+)
289.Credit and interest fallen due / Expenditure on account of credit
fallen due (+)
281/7/8/9 Credit and interest fallen due / Other (For SCR) (+)
280/1/4/7/8/9 Credit and interest fallen due / Other
(For SGCC) (+)
28. Credit and interest fallen due (For SGPS, SGFI, SGP and OAF) (+)
28.-280. (For all Financial Auxiliaries other than SGFI, SGP and OAF)
4. Other assets
4.1. Fixed assets
42.Tangible assets (-)
482.Accumulated depreciation / Of tangible assets
...............
For SGPS, account was taken of the gross value of tangible assets, since in
this case accumulated depreciations are not known.
4.2. Trade credits and advances
2261. Domestic credit / Equipment leasing operations / Advances
on account of agreements to be concluded (For SLF) (+)
2271.Domestic credit / Real estate financial leasing operations /
Advances on account of agreements to be concluded
(For SLF) (+)
2361.External credit / Equipment leasing operations / Advances on
account of agreements to be concluded (For SLF) (+)
2371.External credit / Real estate financial leasing operations /
Advances on account of agreements to be concluded
(For SLF) (+)
46. Fixed assets under construction (+)
5572.Expenditure with differed cost / Other expenditure / Advertising campaigns
4.3. Other accounts receivable
27. Debtors and other investments (+)
51. Profits receivable (+)
55. Expenditure with differed cost (-)
5572. Expenditure with differed cost / Other expenditure / Advertising campaigns (+)
583. Other accounts payable/receivable / Operations on securities
to be settled (debit balance) (For SC and SFC) (+)
583.Other accounts payable/receivable / Goods acquired and not
delivered (debit balance) (For SACEG) (+)
587.Other accounts payable/receivable / Corporate Income Tax
(IRC) - payments on account (debit balance)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
21
Statistical data on non-monetary financial institutions
Balance sheet
4.4. Other
Information contents
14/5/6/9. Other available assets (+)
41.Intangible assets (-)
481.Accumulated depreciations / Of intangible assets (+)
50. Interdepartmental accounts (debit balance) (+)
56. Valuation changes (debit balance) (+)
58. Other accounts payable/receivable (debit balance) (-)
583. Other accounts payable/receivable / Goods acquired and not
delivered (debit balance) (For SACEG) (-)
583.Other accounts payable/receivable / Operations on securities to
be settled (debit balance) (For SC and SFC) (-)
587.Other accounts payable/receivable / Corporate Income Tax
(IRC) - payments on account (debit balance) (+)
59. Other internal accounts (debit balance) (+)
68. Taxes on profits for the year (+)
70. Interest costs and equivalent (+)
71. Commissions payable (+)
72. Losses on financial operations (+)
73. Personnel costs (+)
74. Supplies and services from third parties (+)
76.Taxes (+)
77. Other costs and losses (+)
78. Depreciations for the year (+)
79.Provisions for the year
...............
In the case of SGPS, the value of depreciations includes depreciation of fixed assets and account 58 is not broken down, hence it has been considered
in its entirety.
Liabilities
5. Loans and other similar resources
5.1 Resident Monetary Financial Institutions
30. Resources of credit institutions in the country (-)
302. Resources of credit institutions in the country / Other credit
institutions
5.2. Resident Non-Monetary Financial Institutions
302. Resources of credit institutions in the country / Other credit
institutions (+)
3600. Creditors / Suppliers / Suppliers of fixed assets under financial leasing agreements
...............
Account (3600) was considered to refer to resident NMFI.
5.3. Non-resident Financial Institutions
31.Resources of credit institutions abroad
5.4. Non-specified sector
33. Loans (+)
30.Resources of credit institutions in the country (For SGCC,SACEG,
SC, SGFI, SGP, SMMMC and OAF)
22
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
Balance sheet
Information contents
6. Subordinated loans
60. Participating bonds, subordinated loans and supplementary instalments (-)
602.Participating bonds, subordinated loans and supplementary instalments / Supplementary instalments
...............
Considering that to-date no participating bonds have been issued by
NMFI, the difference between account (60) and (602) is registered in this
item. In the case of SGCC, SACEG and SGP account (60) is not disaggregated, wherefore account (602) is considered to be nonexistent or nil.
7. Bonds (excluding subordinated bonds) and other fixed-income
securities
34. Liabilities represented by securities
8. Capital accounts and reserves
8.1. Equity capital
62. Capital (+)
602.Participating bonds, subordinated loans and supplementary instalments / Supplementary instalments
8.2. Reserves and net income
63.Reserves (+)
66.Results carried forward (credit balance) (-)
66.Results carried forward (debit balance) (+)
67.Results (debit balance) (-)
67.Results (debit balance) (+)
69.Results for the year (credit balance) (-)
69.Results for the year (debit balance)
8.3. Provisions for sundry risks
61. Sundry provisions (-)
611.Sundry provisions / For foreign exchange valuation risks
...............
There are situations in which account (61) is not disaggregated, wherefore
it was considered in full in the item Capital and reserves, assuming that account (611) is nonexistent or nil.
9. Other liabilities
9.1. Trade credits and advances
3607.Creditors / Suppliers / Suppliers of goods for financial leasing
purposes (For SLF) (+)
3609.Creditors / Suppliers / Other suppliers
...............
Account (360) is not always disaggregated, wherefore in certain situations
account (360) was considered instead of account (3609).
9.2. Other accounts payable
35.Other resources (+)
36.Creditors (-)
360.Creditors / Suppliers (+)
37. Group funds (For SACEG) (+)
39. Other claims (+)
52. Costs to be paid (+)
54. Revenue with differed income (+)
583.Other accounts payable/receivable / Operations on securities to
be settled (crebit balance) (For SC and SFC) (+)
587.Other accounts payable/receivable / Corporate income tax
(IRC) - payments on account (credit balance)
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
23
Statistical data on non-monetary financial institutions
Balance sheet
9.3. Other
Information contents
29. Accumulated provisions - Investments (+)
49. Accumulated provisions - Financial fixed assets (+)
50. Interdepartmental accounts (credit balance) (+)
56. Fluctuations of values (credit balance) (+)
58. Other accounts payable/receivable (credit balance) (-)
583. Other accounts payable/receivable / Operations on securities
to be settled (credit balance) (For SC and SFC) (-)
587. Other accounts payable/receivable / Corporate income tax
(IRC) - payments on account (crebit balance) (+)
59. Other internal accounts (credit balance) (+)
611. Sundry provisions / For foreign exchange valuation risks (+)
80. Interest income and equivalent (+)
81. Income from securities (+)
82. Commissions receivable (+)
83. Profit on financial operations (+)
84. Replacement and provisions deducted (+)
89. Other income and profits
Profit and Loss Account
Information contents
1. Costs and losses
1.1. Interest costs and equivalent
70. Interest costs and equivalent
1.2. Commissions payable
71. Commissions payable
1.3. Losses on financial operations
72. Losses on financial operation
1.4. Personnel costs
73. Personnel costs
1.5. Supplies and services from third parties
74. Supplies and services from third parties
1.6. Taxes
76. Taxes
1.7. Depreciation for the year
78. Depreciation for the year
1.8. Provisions for the year
79. Provisions for the year
1.9. Other costs and losses
77. Other costs and losses
2. Income and gains
2.1. Interest income and equivalent
80. Interest income and equivalent
2.2. Income from Securities
81. Income from Securities
2.3. Commissions receivable
82. Commissions receivable
2.4. Profits on financial operations
83. Profits on financial operations
2.5. Replacement and provisions deducted
84. Replacement and provisions deducted
2.6. Other income and profits
89. Other income and profits
3. Extraordinary profit/loss
3.1. Extraordinary gains
672. Results / Extraordinary income
3.2. Extraordinary losses
671. Results/ Extraordinary losses
4. Tax on income
68. Tax on income
5. Operating profit/loss
69. Operating profit/loss
24
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
Statistical data on non-monetary financial institutions
3.6. Organisation of the information in the Statistical
Bulletin
The logical principles underlying the presentation of information consist, first, in the presentation of aggregate data for the Financial Intermediaries (other than Investment Funds) and Financial
Auxiliaries (Balance Sheet and Profit and Loss Account); the same information is then broken down
by type of institution, with a smaller level of detail, as follows:
4. STATISTICAL DATA
In the following tables, statistical data are organised in the same way as they will be regularly
published in the Statistical Bulletin, covering the
period from December 1994 to December 1997.
Aggregate data of Financial Intermediaries and
Financial Auxiliaries
1.1.1 Balance sheet of Financial Intermediaries
1.1.2 Balance sheet of Financial Auxiliaries
1.2.1 Deposits and other similar investments
of NMFI in financial institutions
1.2.2 Securities
1.2.3 Loans and advances
1.2.4 Other assets
1.2.5 Loans and other similar resources
of NMFI
1.2.6 Capital Accounts and Reserves
1.2.7 Other liabilities
1.3.1 Profit and loss account - Costs and losses
1.3.2 Profit and loss account - Income and gains
1.3.3 Profit and loss account - Operating
profit/loss
Data by type of Non-Monetary Financial
Institution
2.1 Risk capital companies
2.2 Factoring companies
2.3 Dealers
2.4 Credit-purchase financing companies
2.5 Financial holding companies
2.6 Financial leasing companies
2.7 Financial intermediaries - Other
2.8 Exchange offices
2.9 Brokers
2.10 Investment fund managing companies
2.11 Wealth managing companies
2.12 Financial auxiliaries - Other
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
25
Statistical data
1.1.1
BALANÇO DOS INTERMEDIÁRIOS FINANCEIROS
BALANCE SHEET OF FINANCIAL INTERMEDIARIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Activos sob a
forma de
depósitos e outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
Créditos
concedidos
2
Dez
Jun
Dez
Jun
Dez
Jun
Dez
38
69
72
65
56
50
73
3
447
658
566
540
178
232
751
1
Passivos
277
513
608
567
753
698
965
4
432
886
728
577
899
338
887
2
1
1
1
1
1
888
922
016
057
228
207
320
Deposits and
other similar
investments
5
903
305
469
562
546
943
389
3
180
268
249
232
209
330
290
568
677
695
678
750
735
846
818
442
994
261
019
951
525
5
Loans and
advances
Other assets
Obrigações
(excepto
subordinadas) e
outros títulos de
rendimento fixo
Empréstimos
subordinados
6
061
386
851
158
222
200
279
4
Securities
Passivos sob a
forma de
empréstimos e
outros recursos
similares
Activos diversos
7
32
40
39
41
41
43
56
8
099
676
985
324
563
581
802
6
159
154
160
184
322
279
363
370
571
687
618
783
724
959
636
364
599
940
838
187
216
8
Bonds
(excluding
subordinated
bonds)
and other
fixed-income
securities
Subordinated
loans
Assets
1.1.2
9
905
075
329
504
445
185
165
7
Loans and other
similar resources
Total
Capital e reservas Passivos diversos
10=1+...+4=5+...+9
253
330
363
399
349
503
424
386
677
706
809
981
810
597
9
Capital accounts
and reserves
Other liabilities
94
95
96
97
2
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
13
12
14
11
12
16
11
16
20
20
22
29
34
106 escudos
1
19
16
15
15
14
15
16
13
12
11
12
9
9
Créditos
concedidos
5
4
4
4
4
14
8
9
19
34
38
58
62
119
3
22
31
42
62
46
38
46
57
34
44
60
75
38
2
5
4
5
4
6
6
7
9
10
11
11
9
Other assets
Loans and other
similar resources
Assets
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
7
371
147
532
832
825
475
780
882
286
370
087
495
131
5
Obrigações
(excepto
subordinadas) e
outros títulos de
rendimento fixo
Empréstimos
subordinados
6
934
582
671
051
433
434
580
601
568
404
035
845
345
4
Loans and
advances
Securities
Passivos sob a
forma de
empréstimos e
outros recursos
similares
Activos diversos
4
054
959
564
363
554
125
536
263
651
962
677
158
752
2
Deposits and
other similar
investments
Passivos
3
112
683
302
952
592
283
843
793
165
666
135
833
512
Total
BALANCE SHEET OF FINANCIAL AUXILIARIES
Activos
1
843
234
614
837
845
713
306
10=1+...+4=5+...+9
Fonte / Source: Banco de Portugal
Títulos em
carteira
384
774
947
922
247
286
650
Liabilities
BALANÇO DOS AUXILIARES FINANCEIROS
Activos sob a
forma de
depósitos e outras
aplicações
similares
1
1
1
1
2
2
2
8
0
0
0
30
241
254
266
270
268
277
281
280
118
6
9
0
0
0
0
0
0
0
0
0
0
0
0
0
7
Subordinated
loans
Capital e reservas Passivos diversos
36
34
32
32
38
33
33
32
38
33
33
33
42
343
213
474
659
598
924
274
397
373
673
765
323
590
8
Bonds
(excluding
subordinated
bonds)
and other
fixed-income
securities
Capital accounts
and reserves
Total
10=1+...+4=5+...+9
16
21
35
50
29
29
34
47
19
32
49
69
30
388
868
535
849
929
196
648
126
490
751
773
799
889
9
55
61
72
89
73
69
74
87
67
77
94
114
82
103
228
541
370
593
850
968
675
417
071
905
897
729
10=1+...+4=5+...+9
Other liabilities
Total
Liabilities
29
1.2.1
ACTIVOS DE INSTITUIÇÕES FINANCEIRAS NÃO MONETÁRIAS
SOB A FORMA DE DEPÓSITOS E OUTRAS APLICAÇÕES
SIMILARES EM INSTITUIÇÕES FINANCEIRAS
DEPOSITS AND OTHER SIMILAR INVESTMENTS OF NON-MONETARY
FINANCIAL INSTITUTIONS IN FINANCIAL INSTITUTIONS
106 escudos
Fonte / Source: Banco de Portugal
Instituições financeiras residentes
Instituições financeiras monetárias
IntermeAuxiliares
diários
financeiros financeiros
1
94
95
96
97
2
Dez
Jun
Dez
Jun
Dez
Jun
Dez
35
64
69
62
52
47
69
3=1+2
946
812
868
652
622
943
912
11
12
10
11
17
19
28
1
169
497
623
073
389
742
534
2
Financial
intermediaries
Total
47
77
80
73
70
67
98
Auxiliares
financeiros
4
5
115
309
491
726
011
685
446
3=1+2
Financial
auxiliaries
Intermediários
financeiros
9
37
34
26
22
23
48
427
833
955
531
095
089
557
Total
6=4+5
3
3
2
3
8
12
17
4
703
880
851
561
977
008
685
5
Financial
intermediaries
Monetary financial
institutions
Total
13
41
37
30
31
35
66
Financial
auxiliaries
Intermediários
financeiros
Auxiliares
financeiros
7
8
130
713
806
092
072
097
242
6=4+5
1 939
1 801
1 938
768
2 768
2 370
5 912
8
Financial
intermediaries
Total
9=7+8
1 135
268
1 606
2 015
2 708
2 192
3 342
7
Total
Instituições financeiras não residentes
Instituições financeiras
não monetárias
dos quais: Depósitos à ordem
3
2
3
2
5
4
9
Auxiliares
financeiros
10
11
074
069
544
783
476
562
254
9=7+8
Financial
auxiliaries
Intermediários
financeiros
1 366
4 578
1 092
873
848
97
497
10
Total
Non-monetary financial
institutions
of which: Demand deposits
12=10+11
3
4
31
2
8
24
66
11
Financial
intermediaries
Total
1 370
4 582
1 123
875
856
121
563
12=10+11
Financial
auxiliaries
Total
Total
Intermediários
financeiros
Auxiliares
financeiros
13=1+7+10
14=2+8+11
38
69
72
65
56
50
73
447
658
566
540
178
232
751
13=1+7+10
Financial
intermediaries
Non-resident financial institutions
13
14
12
11
20
22
34
Total
15=13+14
112
302
592
843
165
135
512
51
83
85
77
76
72
108
14=2+8+11
559
959
158
383
343
368
263
15=13+14
Financial
auxiliaries
Total
Total
Resident financial institutions
1.2.2
TÍTULOS EM CARTEIRA
SECURITIES
106 escudos
Fonte / Source: Banco de Portugal
Títulos de rendimento fixo
Residentes
IntermeAuxiliares
diários
financeiros financeiros
1
94
95
96
97
Dez
Jun
Dez
Jun
Dez
Jun
Dez
2
25
19
16
12
24
21
24
3=1+2
171
850
201
920
499
905
752
1
18
14
13
15
11
10
7
218
631
417
353
371
801
952
2
Financial
intermediaries
Total
Financial
auxiliaries
Residents
43
34
29
28
35
32
32
IntermeAuxiliares
diários
financeiros financeiros
4
389
481
618
273
871
706
704
3=1+2
Total
0
349
1 953
7 311
2 984
319
200
4
6=4+5
0
28
270
272
273
736
739
5
Financial
intermediaries
2
7
3
1
Non-residents
IntermeAuxiliares
diários
financeiros financeiros
7
0
377
223
583
257
055
939
6=4+5
Financial
auxiliaries
Securities other than shares
30
Total
5
Títulos de rendimento não
especificado
Títulos de rendimento variável
Não residentes
Total
8
251
493
586
547
722
664
895
9=7+8
737
095
946
209
805
825
407
7
788
885
847
891
984
1 136
1 059
8
Financial
intermediaries
Total
252
493
587
548
723
665
896
10
525
981
792
100
789
962
467
9=7+8
Financial
auxiliaries
Total
Shares and other equity
IntermeAuxiliares
diários
financeiros financeiros
11
524
592
3 628
138
3 610
11 289
45 527
10
12=10+11
48
20
21
20
23
4
2
11
Financial
intermediaries
Total
Financial
auxiliaries
572
612
3 649
158
3 633
11 293
45 529
Total
IntermeAuxiliares
diários
financeiros financeiros
13=1+4+7+10
277
513
608
567
753
698
965
432
886
728
577
899
338
887
14=2+5+8+11
19
15
14
16
12
12
9
054
564
554
536
651
677
752
Total
15=13+14
296
529
623
584
766
711
975
486
451
282
113
551
015
638
12=10+11
13=1+4+7+10
14=2+5+8+11
15=13+14
Total
Financial
intermediaries
Financial
auxiliaries
Total
Non-specified securities
Total
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
1.2.3
CRÉDITOS CONCEDIDOS
LOANS AND ADVANCES
106 escudos
Fonte / Source: Banco de Portugal
Créditos concedidos (excepto cobrança duvidosa)
Créditos de cobrança duvidosa
dos quais:
Residentes
A médio e longo
prazos
A curto prazo
1
94
95
96
97
2
Dez
Jun
Dez
Jun
Dez
Jun
Dez
169
169
223
220
269
248
296
3
964
323
549
683
345
888
902
1
578
574
597
629
686
731
811
4
636
814
262
578
528
175
717
29
42
53
60
135
93
74
2
Residentes
6
922
1 208
948
1 213
1 695
1 944
2 193
4
Non-specified term
102
127
134
137
127
124
128
Non-residents
7
497
523
254
816
924
831
847
6
Residents
6
5
6
7
7
6
5
4
4
14
9
34
58
119
8
Non-specified sector
Residents
Loans and advances (excluding non-performing loans)
1.2.4
9=1+..+7
670
990
331
309
340
578
591
7
Non-residents
Total
8
488
456
328
347
554
706
719
5
Concedidos por
auxiliares
financeiros
Sector não
especificado
Não residentes
5
730
994
811
625
193
880
539
3
Medium and long
term
Short-term
Não residentes
Prazo não
especificado
Non-performing loans
1
1
1
1
1
Granted by
financial auxiliaries
Total
of which:
OTHER ASSETS
106 escudos
Fonte / Source: Banco de Portugal
Imobilizações corpóreas
1
94
95
96
97
Dez
Jun
Dez
Jun
Dez
Jun
Dez
2
20
20
23
17
17
17
18
210
975
326
845
683
582
431
1
011
302
408
776
305
998
943
2
Financial
intermediaries
Adiantamentos
Total
3=1+2
9
8
8
8
9
10
11
Financial
auxiliaries
Fixed assets
29
29
31
26
26
28
30
906
308
483
571
579
001
509
9=1+...+7
ACTIVOS DIVERSOS
IntermeAuxiliares
diários
financeiros financeiros
888
922
016
057
228
208
320
IntermeAuxiliares
diários
financeiros financeiros
4
221
276
734
620
989
580
373
3=1+2
Total
5
15
20
20
19
19
23
17
749
204
437
369
745
182
841
4
Total
6=4+5
2
3
3
3
4
3
3
185
148
234
745
712
492
024
5
Financial
intermediaries
Contas a regularizar
Financial
auxiliaries
17
23
23
23
24
26
20
IntermeAuxiliares
diários
financeiros financeiros
7
934
352
672
113
457
674
865
6=4+5
Total
8
134
131
195
104
117
136
189
829
377
101
010
616
292
065
7
Trade credits and advances
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
Total
9=7+8
10
11
31
14
16
21
21
319
558
006
757
566
340
162
8
Financial
intermediaries
Diversos
Financial
auxiliaries
145
142
226
118
134
157
210
10
148
935
107
767
182
632
227
9=7+8
Total
Other accounts receivable
IntermeAuxiliares
diários
financeiros financeiros
9
95
10
90
54
153
64
11
274
830
986
935
178
144
943
10
Financial
intermediaries
Total
Total
12=10+11
1
19
3
19
3
24
2
419
664
785
303
984
205
217
11
Financial
auxiliaries
Others
10
115
14
110
58
177
67
692
494
771
237
161
349
160
IntermeAuxiliares
diários
financeiros financeiros
13=1+4+7+10
180
268
249
232
209
330
290
061
386
851
158
222
200
279
14=2+5+8+11
22
42
46
46
34
60
38
934
671
433
580
568
035
345
Total
15=13+14
202
311
296
278
243
390
328
995
057
284
738
790
234
624
12=10+11
13=1+4+7+10
14=2+5+8+11
15=13+14
Total
Financial
intermediaries
Financial
auxiliaries
Total
Total
31
1.2.5
PASSIVOS DE INSTITUIÇÕES FINANCEIRAS NÃO
MONETÁRIAS SOB A FORMA DE EMPRÉSTIMOS E
OUTROS RECURSOS SIMILARES
LOANS AND OTHER SIMILAR RESOURCES OF
NON-MONETARY FINANCIAL INSTITUTIONS
106 escudos
Fonte / Source: Banco de Portugal
Instituições financeiras residentes
IntermeAuxiliares
diários
financeiros financeiros
1
94
95
96
97
Dez
Jun
Dez
Jun
Dez
Jun
Dez
2
435
556
556
521
597
578
670
65
82
47
79
161
316
286
1
435
556
556
521
597
578
670
2
Financial
intermediaries
IntermeAuxiliares
diários
financeiros financeiros
Total
3=1+2
505
398
597
676
426
360
540
4
570
479
643
756
586
676
826
5
53
49
55
65
70
78
92
3=1+2
Financial
auxiliaries
Instituições financeiras não
residentes
Instituições financeiras não
monetárias
Instituições financeiras monetárias
185
213
231
288
307
196
228
Monetary financial institutions
53
50
55
66
70
78
92
5
Financial
intermediaries
Total
6=4+5
035
858
664
822
364
113
518
4
IntermeAuxiliares
diários
financeiros financeiros
Total
7
219
071
894
109
670
310
746
6=4+5
Financial
auxiliaries
0
0
0
0
0
0
0
8
Financial
intermediaries
Total
Non-monetary financial institutions
IntermeAuxiliares
diários
financeiros financeiros
Total
9=7+8
830
246
478
698
314
409
578
7
Resident financial institutions
1.2.6
8
37
25
22
32
25
27
17
Sector não especificado
10
37
25
22
32
25
27
17
830
246
478
698
314
409
578
9=7+8
Financial
auxiliaries
11
42
45
61
58
56
52
65
448
940
256
065
915
069
890
122
238
547
413
819
575
617
11
Financial
intermediaries
Total
Non-resident financial institutions
Total
12=10+11
2
4
4
6
8
10
8
10
Total
44
50
65
64
65
62
74
IntermeAuxiliares
diários
financeiros financeiros
13=1+4+7+10
570
178
803
478
734
643
507
568
677
695
678
750
735
846
14=2+5+8+11
818
442
994
261
019
951
525
2
4
4
6
9
11
9
96
97
Dez
Jun
Dez
Jun
Dez
Jun
Dez
289
476
541
508
636
595
680
14=2+5+8+11
15=13+14
Total
Financial
intermediaries
Financial
auxiliaries
Total
Non-specified sector
Total
106 escudos
1
Financial
intermediaries
24
24
26
25
24
24
24
520
988
145
489
725
374
559
2
Total
314
501
567
534
661
620
705
Financial
auxiliaries
Intermediários
financeiros
033
620
883
069
277
066
482
3=1+2
Equity capital
32
Reservas e resultados
Auxiliares
financeiros
514
633
738
580
552
692
923
189
974
819
041
305
037
656
CAPITAL ACCOUNTS AND RESERVES
Capital
94
95
571
681
700
685
759
747
855
13=1+4+7+10
Fonte / Source: Banco de Portugal
Intermediários
financeiros
15=13+14
371
532
825
780
286
087
131
12=10+11
Financial
auxiliaries
CAPITAL E RESERVAS
Total
69
83
135
99
134
114
261
268
792
704
545
781
153
076
4
Total
Auxiliares
financeiros
11
6
11
7
12
8
17
Financial
intermediaries
Total
240
871
854
154
810
192
617
5
Provisões para riscos diversos
80
90
147
106
147
122
278
507
663
557
699
592
345
693
6=4+5
Financial
auxiliaries
Reserves and net income
Intermediários
financeiros
11
10
10
10
12
14
17
854
939
157
816
504
342
218
7
Total
Auxiliares
financeiros
Financial
intermediaries
Total
584
615
600
631
838
1 199
414
8
Total
12
11
10
11
13
15
17
439
554
757
447
342
541
632
9=7+8
Financial
auxiliaries
Provisions for sundry risks
Intermediários
financeiros
370
571
687
618
783
724
959
636
364
599
940
838
187
216
10=1+4+7
Total
Financial
intermediaries
Auxiliares
financeiros
36
32
38
33
38
33
42
343
474
598
274
373
765
590
11=2+5+8
Financial
auxiliaries
Total
406
603
726
652
822
757
1 001
979
838
197
214
211
952
807
12=10+11
Total
Total
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
1.2.7
PASSIVOS DIVERSOS
OTHER LIABILITIES
106 escudos
Fonte / Source: Banco de Portugal
Adiantamentos
Intermediários
financeiros
1
94
95
96
97
Contas a regularizar
Auxiliares
financeiros
2
Dez
Jun
Dez
Jun
Dez
Jun
Dez
8
4
12
7
11
9
15
3=1+2
879
675
183
320
903
233
678
2
1
2
2
4
1
3
1
843
733
463
584
058
833
519
4
11
6
14
9
15
11
19
2
Financial
intermediaries
Intermediários
financeiros
Total
166
152
256
195
241
266
299
3=1+2
Financial
auxiliaries
10
10
26
10
12
20
26
048
182
717
575
105
138
026
Trade credits and advances
7
176
163
283
205
253
287
325
5
Financial
intermediaries
Intermediários
financeiros
Total
6=4+5
282
950
579
129
623
989
298
4
Total
Auxiliares
financeiros
5
722
407
646
905
961
066
198
Diversos
330
132
296
705
728
127
324
6=4+5
Financial
auxiliaries
3 497
23 620
749
21 489
3 326
27 802
1 344
8
Financial
intermediaries
10=1+4+7
81
196
95
218
99
255
110
722
672
693
848
782
390
965
253
330
363
399
349
503
424
9=7+8
Financial
auxiliaries
Other accounts payable
Auxiliares
financeiros
386
677
706
809
981
810
597
10=1+4+7
16
35
29
34
19
49
30
12=10+11
388
535
929
648
490
773
889
Financial
auxiliaries
1
94
95
96
97
2
Total
PROFIT AND LOSS ACCOUNT - COSTS AND LOSSES(1)
(to be continued)
83
154
64
69
794
382
773
877
1
61
486
598
746
2
Financial
intermediaries
Comissões
3=1+2
Financial
auxiliaries
83
154
65
70
IntermeAuxiliares
diários
financeiros financeiros
4
855
868
371
623
3=1+2
Total
Interest costs and equivalent
5
10
14
19
24
Total
106 escudos
Juros e custos equiparados
Total
774
212
635
457
471
583
486
12=10+11
Fonte / Source: Banco de Portugal
IntermeAuxiliares
diários
financeiros financeiros
269
366
393
434
369
553
455
11=2+5+8
Financial
intermediaries
Total
Total
11=2+5+8
Others
DESENVOLVIMENTO DE RESULTADOS - CUSTOS(1)
(continua)
1.3.1
Intermediários
financeiros
Total
9=7+8
226
052
944
359
455
588
621
7
Total
Auxiliares
financeiros
8
78
173
94
197
96
227
109
Total
8
6
2
3
073
182
693
736
5
Financial
intermediaries
Total
6=4+5
670
100
791
599
4
Prejuízos em operações financeiras
Financial
auxiliaries
18
20
22
28
IntermeAuxiliares
diários
financeiros financeiros
7
744
281
484
335
6=4+5
Total
8
5
32
2
4
9=7+8
739
228
067
550
7
2 369
210
72
133
8
Financial
intermediaries
Commissions payable
Total
Financial
auxiliaries
8
32
2
4
Custos com o pessoal
IntermeAuxiliares
diários
financeiros financeiros
10
11
108
438
139
683
9=7+8
Total
Losses on financial operations
14
18
17
17
617
319
338
733
10
Financial
intermediaries
Fornecimentos e serviços de terceiros
Total
12=10+11
3
5
6
7
847
744
578
406
11
18
24
23
25
Personnel costs
13
14
464
063
916
139
12=10+11
Financial
auxiliaries
IntermeAuxiliares
diários
financeiros financeiros
Total
19
22
23
28
737
300
285
789
13
6
12
16
20
888
611
838
829
14
Financial
intermediaries
Total
15=13+14
Financial
auxiliaries
26
34
40
49
625
910
123
618
15=13+14
Total
Supplies and services from
third parties
(1) Os dados de Dezembro de 1995 reflectem a reclassificação sectorial de uma instituição anteriormente classificada como Instituição Financeira Monetária./ December 95 data reflects the reclassification of an institution
classified before as Monetary Financial Institution.
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
33
1.3.1
DESENVOLVIMENTO DE RESULTADOS - CUSTOS
(continuação)
PROFIT AND LOSS ACCOUNT - COSTS AND LOSSES
(continued)
106 escudos
Fonte / Source: Banco de Portugal
Impostos
Amortizações do exercício
Interme- Auxiliares
diários
financeiros financeiros
16
94
95
96
97
Total
17
1
1
1
1
18=16+17
328
797
640
794
548
232
85
112
16
1
2
1
1
17
Financial
intermediaries
Interme- Auxiliares
diários
financeiros financeiros
876
030
725
906
18=16+17
Financial
auxiliaries
19
20
5
5
3
3
177
232
891
928
19
119
247
303
865
20
Taxes
Total
21=19+20
1
4
4
4
Financial
intermediaries
Total
Provisões do exercício
Interme- Auxiliares
diários
financeiros financeiros
6
9
8
8
21=19+20
Financial
auxiliaries
Total
22
296
478
194
793
24=22+23
988
182
132
550
22
200
143
436
139
23
Financial
intermediaries
Depreciation for the year
Total
23
33
28
34
26
Outros custos e prejuízos
Intermediários
financeiros
25
34
28
34
26
3
3
3
4
25
Provisions for the year
3
4
5
5
470
781
076
673
27=25+26
Financial
auxiliaries
178
280
170
182
423
015
718
270
23
31
32
39
202
159
877
190
Financial
intermediaries
Total
1
94
95
96
97
2
128
206
121
130
046
193
188
457
1
3=1+2
2
2
2
1
963
839
158
811
2
Financial
intermediaries
131
209
123
132
Financial
auxiliaries
Intermediários
financeiros
4
009
032
346
268
3=1+2
Total
2
14
18
26
716
861
253
070
Interest income and equivalent
Total
6=4+5
8
11
4
1
5
Financial
intermediaries
Comissões
Auxiliares
financeiros
5
4
Total
Total
PROFIT AND LOSS ACCOUNT - INCOME AND GAINS(1)
(to be continued)
Rendimento de títulos
Total
625
174
596
460
106 escudos
Juros e proveitos equiparados
Auxiliares
financeiros
201
311
203
221
Financial
auxiliaries
Fonte / Source: Banco de Portugal
Intermediários
financeiros
Total
28=1+4+7+10+
29=2+5+8+11+
30=28+29
+13+16+19+22+25 +14+17+20+23+26
Other costs and losses
DESENVOLVIMENTO DE RESULTADOS - PROVEITOS(1)
(continua)
1.3.2
97
1 306
1 274
1 223
Auxiliares
financeiros
28=1+4+7+10+
29=2+5+8+11+
+13+16+19+22+25 +14+17+20+23+26 30=28+29
27=25+26
26
Financial
intermediaries
Total
373
476
803
450
Intermediários
financeiros
Total
26
188
325
568
689
24=22+23
Financial
auxiliaries
Auxiliares
financeiros
Total
7
2
14
18
26
724
871
257
072
6=4+5
Financial
auxiliaries
Income from securities
Intermediários
financeiros
139
465
795
710
7
Total
Auxiliares
financeiros
8
25
29
33
44
Total
9=7+8
24
21
21
32
852
961
552
324
8
Financial
intermediaries
Lucros em operações financeiras
10
49
51
55
77
991
426
347
034
9=7+8
Financial
auxiliaries
Commissions receivable
Intermediários
financeiros
11
6
41
3
9
233
441
083
468
10
Total
Auxiliares
financeiros
332
622
557
860
11
Financial
intermediaries
Total
12=10+11
6
42
3
10
565
063
640
327
12=10+11
Financial
auxiliaries
Total
Profits on financial operations
(1) Os dados de Dezembro de 1995 reflectem a reclassificação sectorial de uma instituição anteriormente classificada como Instituição Financeira Monetária./ December 95 data reflects the reclassification of an institution
classified before as Monetary Financial Institution.
34
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
1.3.2
DESENVOLVIMENTO DE RESULTADOS - PROVEITOS
(continuação)
PROFIT AND LOSS ACCOUNT- INCOME AND GAINS
(continued)
106 escudos
Fonte / Source: Banco de Portugal
Reposições e anulações de provisões
Intermediários
financeiros
Auxiliares
financeiros
13
8
10
8
9
15=13+14
078
657
473
784
13
8
10
8
10
10
11
10
11
15=13+14
Financial auxiliaries
11
26
28
31
925
187
705
245
18=16+17
Financial auxiliaries
Auxiliares
financeiros
19=1+4+7+10+13+16
513
390
926
458
17
Replacement and provisions deducted
1.3.3
1
14
17
19
Financial
intermediaries
Total
18=16+17
412
797
779
787
16
Intermediários
financeiros
Total
17
091
758
540
039
Total
Auxiliares
financeiros
16
13
101
67
255
14
Financial
intermediaries
Intermediários
financeiros
Total
14
94
95
96
97
Outros proveitos e lucros
180
314
195
232
20=2+5+8+11+14+17
623
414
570
276
19=1+4+7+10+13+16
29
39
42
54
21=19+20
682
923
263
710
210
354
237
286
20=2+5+8+11+14+17
Financial
intermediaries
Total
Total
21=19+20
Financial auxiliaries
Other income and profits
Total
Total
DESENVOLVIMENTO DE RESULTADOS
- RESULTADO DE EXPLORAÇÃO(1)
PROFIT AND LOSS ACOUNT
- OPERATING PROFIT/ LOSS(1)
106 escudos
Fonte / Source: Banco de Portugal
Resultados extraordinários
Ganhos extraordinários
Intermediários
financeiros
1
94
95
96
97
2
11
19
11
27
824
781
187
178
Total
3=1+2
249
309
175
382
1
2
Financial
intermediaries
Intermediários
financeiros
4
12
20
11
27
073
090
362
561
3=1+2
Financial
auxiliaries
Impostos sobre os lucros
Perdas extraordinárias
Auxiliares
financeiros
Auxiliares
financeiros
5
6
8
7
11
331
257
412
964
Financial
intermediaries
Extraordinary gains
6=4+5
5
Intermediários
financeiros
Total
285
276
258
256
4
Total
305
337
833
986
7
6
8
7
12
6=4+5
Financial
auxiliaries
Extraordinary losses
Extraordinary income
Total
617
532
670
220
Auxiliares
financeiros
8
6
7
8
10
037
134
352
181
7
Financial
intermediaries
Resultado de exploração
Intermediários
financeiros
Total
9=7+8
2
3
3
5
444
465
714
817
8
10
8
10
12
15
9=7+8
Financial
auxiliaries
Tax on income
481
598
066
998
11
1
38
20
55
656
790
276
040
000
332
589
829
11
Financial
intermediaries
Total
12=10+11
4
5
5
9
10
Total
Auxiliares
financeiros
5
44
25
64
656
122
864
869
12=10+11
Financial
auxiliaries
Total
Operating profit/loss
(1) Os dados de Dezembro de 1995 reflectem a reclassificação sectorial de uma instituição anteriormente classificada como Instituição Financeira Monetária./ December 95 data reflects the reclassification of an institution
classified before as Monetary Financial Institution.
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
35
2.1
SOCIEDADES DE CAPITAL DE RISCO
RISK CAPITAL COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
Títulos em
carteira
2
2
3
4
5
6
5
7
5
6
6
8
8
8
394
221
932
075
856
894
757
975
720
073
368
377
538
1
3
36
35
33
31
29
30
30
34
31
30
29
28
28
077
470
657
543
404
702
751
303
427
694
751
980
306
2
Deposits and
other similar
investments
4
1
1
1
1
1
1
2
2
2
2
2
2
1
646
794
689
737
637
708
033
058
069
195
034
019
828
3
5
1
1
1
1
1
1
1
393
400
422
539
733
831
180
010
132
249
139
147
264
6
5
6
7
7
6
4
5
6
5
6
5
5
5
4
Loans and
advances
Securities
Passivos sob
Obrigações
a forma de
(excepto
empréstimos e Empréstimos subordinadas)
outros
subordinados e outros títulos
recursos
de rendimento
similares
fixo
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
011
658
708
232
200
973
581
104
423
204
552
944
068
7
1
1
1
1
1
1
1
1
1
1
1
5
Non-performing
loans
641
685
340
688
995
313
423
238
120
118
506
475
475
0
0
0
0
0
0
0
0
0
0
0
0
0
7
Loans and
other similar
resources
Other assets
Subordinated
loans
6
7
8
7
10
10
11
13
12
12
12
12
10
642
379
203
758
058
234
155
351
104
001
035
515
768
10
45
47
47
45
44
43
46
48
45
45
45
45
43
128
143
986
587
097
277
122
440
638
166
705
320
741
-49
168
316
-142
-375
123
371
421
-2728
234
510
842
765
11=1+2+3+5=6+...+10 12
Capital
accounts and Other liabilities
reserves
Operating
profit/loss
Total
Memo items:
Fonte / Source: Banco de Portugal
106 escudos
1
Títulos em
carteira
2
8
4
5
2
2
2
3
2
2
2
3
2
2
2
2
2
3
3
3
3
2
2
4
4
4
7
4
1
1
1
1
126
749
351
994
807
923
535
819
375
140
722
831
910
842
430
774
156
401
336
393
728
986
775
770
281
770
417
574
718
039
266
698
538
787
095
020
777
1
Deposits and
other similar
investments
Passivos
3
168
168
167
163
163
163
162
162
161
161
291
290
281
280
280
279
279
278
163
163
163
163
163
163
163
162
162
162
162
162
162
162
162
162
163
139
139
2
4
122
103
103
107
108
109
110
113
116
122
123
134
164
145
139
142
145
145
150
142
143
142
143
155
187
155
139
138
141
143
160
161
162
165
168
184
229
163
187
542
373
918
382
057
711
457
301
996
249
244
526
348
082
142
059
733
339
218
642
056
503
246
173
007
282
522
451
341
127
115
383
281
372
295
3
Securities
5
24
24
23
22
24
21
21
23
25
25
28
28
30
31
31
30
33
30
31
27
31
29
28
29
30
31
27
28
28
29
30
29
32
32
32
34
41
4
5
6
7
8
9
11
12
13
13
14
15
4
7
5
6
7
9
10
11
12
13
14
15
4
5
5
6
7
8
9
10
10
11
12
13
3
Non-performing
loans
of which:
7
771
628
258
921
436
856
166
604
173
895
893
847
247
301
711
877
932
481
224
161
122
205
375
333
262
001
573
458
289
291
134
131
921
772
747
792
699
5
66
49
49
52
52
53
53
52
51
52
53
59
85
65
58
57
58
49
55
48
48
45
42
49
73
49
41
40
40
46
58
55
55
54
58
65
100
8
222
350
563
869
868
199
235
474
286
532
478
440
575
315
926
619
406
799
852
160
389
670
142
996
592
432
652
923
509
374
619
164
233
612
676
043
882
6
Other assets
Por memória:
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos subordinadas)
empréstimos e subordinados
e
outros
títulos
outros
de rendimento
recursos
fixo
similares
6
145
031
305
880
051
750
032
896
779
963
099
102
205
532
618
788
606
700
236
909
697
467
988
270
567
902
167
640
279
433
754
763
849
367
073
643
002
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
Assets
36
11=1+2+3+5=6+...+10 12
FACTORING COMPANIES
Activos sob a
forma de
depósitos e
outras
aplicações
similares
97
Resultado de
exploração
SOCIEDADES DE FACTORING
dos quais:
96
Total
Liabilities
Activos
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
845
079
443
141
044
730
544
851
414
047
164
330
497
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
10
36
38
38
36
33
32
33
33
32
32
32
31
31
8
of which:
94
95
9
0
0
0
0
0
0
0
0
0
0
0
0
0
6
Capital e
reservas
8
Assets
2.2
Por memória:
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
4
4
Loans and
other similar
resources
2
3
5
7
7
7
8
10
10
10
10
19
19
19
19
19
22
22
22
22
22
22
22
22
22
24
24
24
24
24
24
10
500
500
500
500
500
500
000
500
000
000
000
000
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
8
Subordinated
loans
Passivos
diversos
9
0
0
0
0
0
0
0
703
203
203
203
203
203
203
203
203
203
203
503
503
753
753
753
753
253
003
003
003
003
003
003
003
003
003
003
003
103
7
Capital e
reservas
19
19
19
18
18
19
19
19
19
19
19
17
19
19
18
18
18
18
18
18
18
18
18
18
20
18
18
17
17
17
17
17
17
17
18
18
19
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Liabilities
528
411
215
993
947
171
558
564
521
487
388
627
468
494
872
326
248
277
632
614
608
604
611
706
610
834
303
675
708
878
872
870
876
898
075
158
373
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
48
44
46
46
48
49
50
53
55
58
61
67
56
59
58
64
68
69
68
69
69
73
77
82
76
68
67
66
66
64
69
72
74
79
79
87
85
979
471
041
088
008
454
127
055
155
274
834
948
936
436
267
363
151
440
970
278
980
468
362
813
998
337
701
375
971
188
909
581
124
091
032
618
052
10
Capital
accounts and Other liabilities
reserves
135
113
115
118
120
122
124
129
132
138
142
153
171
155
147
152
156
158
164
157
158
158
162
175
195
161
152
149
149
152
170
172
173
178
182
199
233
229
732
318
450
324
324
920
296
165
496
902
218
682
949
769
011
508
219
456
056
230
995
368
768
952
106
159
476
691
943
903
118
736
104
286
322
909
11=1+2+3+5=6+...+10
Total
1 970
616
1 264
1 729
2 082
552
1 183
1 853
2 251
486
936
1 463
2 186
12
Operating
profit/loss
Memo items:
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
2.3
SOCIEDADES FINANCEIRAS DE CORRETAGEM
DEALERS
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Títulos em
carteira
2
5
4
4
5
6
4
4
5
10
11
11
11
10
13
13
11
12
12
11
10
10
9
10
10
11
5
5
5
5
6
5
6
7
6
8
8
10
438
779
998
063
318
702
108
702
716
261
106
395
308
466
925
805
022
012
756
959
265
679
353
341
028
956
933
677
251
345
800
460
411
811
095
463
965
1
Deposits and
other similar
investments
3
7
7
6
6
7
7
6
4
5
5
5
5
6
3
3
4
4
5
4
7
7
8
8
9
18
17
17
18
18
16
17
19
19
19
20
21
19
206
313
997
558
137
117
718
887
726
303
331
170
123
551
898
899
258
221
771
002
071
206
993
456
448
130
928
457
380
920
932
308
044
752
003
094
093
2
4
112
112
112
112
112
112
110
110
110
110
110
101
101
101
101
101
101
101
149
155
155
155
155
155
117
114
115
115
115
115
115
115
115
116
116
116
118
3
Securities
5
112
112
112
112
112
112
110
110
110
110
110
101
101
101
101
101
101
101
149
155
155
155
155
155
117
114
115
115
115
115
115
115
115
116
116
116
118
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos subordinadas)
empréstimos e subordinados
e
outros
títulos
outros
de rendimento
recursos
fixo
similares
6
58
33
26
37
63
61
31
34
35
47
45
38
47
74
39
38
50
45
43
48
44
129
112
99
50
101
102
58
96
85
77
94
200
119
121
197
106
725
050
315
423
476
270
240
810
754
965
608
540
983
270
939
553
301
026
456
566
625
562
272
515
823
188
066
705
145
752
159
518
641
889
487
443
378
5
Non-performing
loans
Por memória:
7
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
2
12
10
11
12
12
11
12
12
12
14
13
12
13
721
584
188
376
687
651
091
071
080
110
071
063
229
3
2
2
16
121
84
798
725
318
982
913
678
916
250
326
429
062
797
752
240
457
298
660
634
6
Other assets
of which:
Assets
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
8
Loans and
other similar
resources
9
380
380
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
7
Subordinated
loans
Capital e
reservas
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Liabilities
10
9
9
9
9
9
9
9
9
14
14
14
14
15
16
15
15
14
14
14
14
14
14
14
14
17
10
9
9
8
8
8
8
8
8
8
8
13
9
Passivos
diversos
543
545
456
065
059
063
052
050
561
563
531
523
902
434
812
195
861
849
851
840
838
855
855
858
403
133
894
325
491
498
498
497
497
491
488
473
941
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
58
32
26
38
65
62
31
35
36
48
46
39
47
74
41
39
51
47
44
50
46
131
114
101
49
102
104
60
98
89
79
98
206
123
127
205
108
837
746
419
357
937
126
673
028
304
606
194
260
025
592
688
801
445
030
838
684
194
069
575
336
975
979
538
943
611
212
353
793
115
261
555
622
619
10
Capital
accounts and Other liabilities
reserves
71
45
38
49
77
73
42
45
52
64
62
55
64
91
57
55
66
62
60
66
62
147
131
119
80
124
126
82
119
109
101
120
227
146
149
227
136
481
254
422
157
043
200
176
508
305
639
154
206
514
388
862
358
681
359
132
682
116
601
772
466
416
387
042
954
891
132
007
401
211
568
700
115
554
11=1+2+3+5=6+...+10
Total
1 527
576
776
1 132
1 360
699
1 187
1 650
2 512
1 164
2 457
3 861
5 113
12
Operating
profit/loss
Memo items:
37
2.4
SOCIEDADES FINANCEIRAS PARA AQUISIÇÕES A CRÉDITO
CREDIT-PURCHASE FINANCING COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Títulos em
carteira
2
3
5
4
2
5
2
5
4
4
4
3
4
5
6
6
6
5
5
6
6
9
8
7
5
3
4
4
4
5
5
3
4
5
3
4
5
4
481
210
358
588
102
181
411
594
327
763
722
342
091
890
278
621
708
753
221
852
149
169
433
505
476
619
944
458
017
775
749
763
823
988
149
216
033
1
Deposits and
other similar
investments
3
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
4
5
5
5
987
987
987
987
987
987
032
032
032
032
032
032
183
182
182
167
167
167
167
267
267
267
267
267
250
124
124
124
483
455
234
709
709
398
176
107
444
2
4
104
108
113
121
126
134
142
147
151
154
159
163
163
167
175
181
185
193
198
204
206
209
217
223
230
221
225
232
239
245
250
243
246
242
248
256
262
882
546
385
656
270
306
317
692
439
839
099
881
107
115
551
420
433
032
128
696
629
560
330
874
202
241
701
751
704
940
773
257
284
431
947
227
531
3
Securities
5
9
11
11
12
12
13
12
12
12
13
13
14
12
13
14
14
14
14
14
14
14
14
14
15
15
15
16
16
17
18
17
17
18
18
19
19
18
803
460
808
208
753
329
662
302
729
262
774
211
815
072
651
835
825
622
277
267
831
451
957
510
850
731
343
695
413
161
640
675
389
431
055
510
731
4
Loans and
advances
38
6
6
8
10
11
14
16
19
22
24
27
30
33
9
11
13
16
19
22
26
30
34
37
40
44
8
12
14
19
22
26
31
33
37
40
44
49
10
208
016
063
986
210
763
057
387
697
442
316
309
505
859
243
210
498
772
486
807
454
263
982
286
850
009
989
409
633
873
746
461
323
170
518
213
914
5
Non-performing
loans
of which:
Assets
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
7
60
65
68
73
76
81
91
91
92
96
96
102
102
107
111
118
121
123
126
134
136
140
146
143
147
143
143
148
155
164
163
154
156
149
155
162
167
8
875
461
613
554
903
910
049
607
720
425
813
116
728
805
751
169
961
800
238
120
529
638
173
738
198
873
091
949
534
514
240
524
816
911
313
193
920
6
Other assets
Por memória:
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos
subordinadas)
empréstimos e subordinados e outros títulos
outros
de rendimento
recursos
fixo
similares
1
1
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
3
3
2
2
2
2
2
2
3
3
3
3
3
3
3
Loans and
other similar
resources
9
860
860
860
860
860
860
160
160
160
160
410
410
710
710
745
745
780
780
080
080
080
080
380
380
925
925
925
925
925
925
270
270
270
270
270
270
270
7
16
16
16
17
20
20
21
25
26
26
28
27
28
27
27
26
26
30
33
32
32
31
31
35
36
32
36
36
36
34
37
42
42
41
42
42
43
955
955
955
455
455
455
955
955
500
000
000
000
000
000
000
000
000
500
000
500
500
000
000
500
000
500
000
000
000
500
500
000
001
502
500
200
700
8
Subordinated
loans
Capital e
reservas
Liabilities
10
24
24
24
24
25
25
25
25
25
25
25
26
28
27
28
28
28
28
29
30
30
30
30
30
34
31
31
31
31
31
32
32
32
32
32
32
37
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
650
604
747
760
240
418
144
251
393
902
967
074
116
968
471
248
244
367
886
420
394
272
435
354
015
749
817
561
622
673
560
779
802
581
674
658
800
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
12
14
17
20
23
25
28
31
35
38
41
45
18
22
27
31
33
38
40
44
49
52
57
62
24
28
33
39
43
47
51
52
58
63
69
75
30
218
878
618
588
112
594
509
733
722
587
979
964
333
563
287
256
821
277
798
502
996
269
024
960
639
946
925
307
756
431
932
617
251
725
032
440
233
10
Capital
accounts and Other liabilities
reserves
116
123
129
138
147
155
168
176
182
189
195
203
179
188
197
206
212
223
233
244
252
257
268
275
244
239
247
258
269
281
288
285
293
290
302
315
282
558
758
792
217
570
237
816
705
494
075
169
563
886
046
254
418
806
724
002
622
499
259
012
932
778
993
758
742
837
043
502
190
139
988
789
762
923
11=1+2+3+5=6+...+10
Total
455
324
637
1 237
1 082
884
2 277
2 955
3 172
1 801
2 484
4 218
5 033
12
Operating
profit/loss
Memo items:
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
2.5
SOCIEDADES GESTORAS DE PARTICIPAÇÕES SOCIAIS DO
SECTOR FINANCEIRO
FINANCIAL HOLDING COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
2
Dez
Jun
Dez
Jun
Dez
Jun
Dez
2
29
29
23
17
11
32
272
140
344
626
889
166
861
1
3
201
448
547
505
683
630
890
953
537
268
806
242
651
781
2
Deposits and
other similar
investments
4
29
42
53
60
136
95
75
730
994
811
625
376
063
723
3
5
Loans and
advances
6
0
0
0
0
1 184
1 184
1 184
4
Securities
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
28
63
98
13
55
67
81
Non-performing
loans
7
537
496
504
030
896
893
874
5
50
127
106
92
105
79
129
390
838
614
582
687
710
081
6
Other assets
8
4
11
7
8
7
8
19
497
995
551
219
894
016
837
7
Loans and
other similar
resources
14
16
15
12
119
53
86
of which:
162
364
475
411
573
529
748
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
212
450
137
540
559
371
291
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
10
000
319
819
819
660
600
500
8
Subordinated
loans
Capital e
reservas
9
Assets
2.6
Por memória:
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos
subordinadas)
empréstimos e subordinados e outros títulos
outros
de rendimento
recursos
fixo
similares
31
63
123
77
86
134
97
393
566
806
927
603
077
530
10
262
584
728
603
893
804
1 081
492
167
927
087
403
774
239
11=1+2+3+5=6+...+10 12
Capital
accounts and Other liabilities
reserves
Operating
profit/loss
Total
Liabilities
Memo items:
SOCIEDADES DE LOCAÇÃO FINANCEIRA
FINANCIAL LEASING COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Títulos em
carteira
2
6
5
7
6
7
7
6
5
6
7
8
8
6
5
5
4
6
4
4
4
5
4
11
12
5
5
5
7
5
4
14
11
11
7
4
5
5
750
740
575
197
657
183
280
971
368
156
177
751
840
288
482
828
000
107
483
184
070
804
070
056
352
897
683
094
730
635
476
566
025
559
886
533
466
1
Deposits and
other similar
investments
233
138
138
071
071
063
413
413
063
456
206
465
178
618
618
617
951
122
585
077
831
081
918
226
927
335
667
585
113
995
726
082
085
710
798
558
790
2
4
579
566
566
564
559
558
557
559
558
554
557
555
561
560
560
564
566
571
572
573
575
576
581
585
592
588
592
597
604
609
620
635
638
640
647
652
672
263
697
970
021
086
725
190
343
069
305
419
525
500
800
653
708
928
051
971
491
827
116
392
315
085
631
510
143
132
719
908
473
450
840
076
329
203
3
Securities
5
56
55
56
56
56
56
55
54
54
54
55
54
52
54
54
54
54
52
53
46
47
48
47
45
39
38
38
38
38
36
33
33
34
33
33
31
27
451
793
780
237
937
037
379
753
390
249
125
904
589
285
256
649
664
978
512
773
388
436
825
086
066
728
579
330
330
056
914
048
096
796
233
251
954
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
3
6
6
6
6
6
6
6
6
6
6
6
6
6
4
4
4
4
5
4
5
4
5
4
5
8
4
12
12
13
15
7
7
7
15
16
14
14
-3565
11 938
28 180
10 002
16 662
12 207
33 696
6
51
58
65
71
79
87
96
102
110
116
124
131
53
60
68
73
81
87
93
98
104
109
117
125
58
59
68
71
77
85
97
101
101
105
114
117
54
563
556
598
077
314
200
101
467
553
851
880
963
915
433
427
917
032
391
346
329
469
742
981
353
005
464
504
627
574
533
574
331
802
647
680
891
289
5
Non-performing
loans
7
327
328
326
319
321
323
324
327
326
314
317
316
319
329
330
331
332
317
320
322
316
313
322
330
327
321
332
322
331
346
341
334
335
337
346
344
351
499
973
423
151
185
663
600
434
629
775
460
086
024
232
036
910
957
078
401
722
754
956
475
260
677
211
354
918
815
446
959
019
427
256
153
801
959
6
Other assets
of which:
Assets
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
Por memória:
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos
subordinadas)
empréstimos e subordinados e outros títulos
outros
de rendimento
recursos
fixo
similares
8
24
24
24
24
24
25
25
25
25
25
25
25
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
29
29
29
29
29
29
28
780
780
780
980
980
580
580
580
580
580
580
580
580
580
580
580
580
580
580
550
550
550
550
550
550
550
550
550
550
600
350
350
350
350
350
300
650
7
Loans and
other similar
resources
Subordinated
loans
Capital e
reservas
9
121
114
114
115
110
108
109
106
105
110
108
109
106
100
98
98
102
121
117
121
128
130
131
132
144
144
144
157
154
149
165
189
189
191
191
197
208
940
440
440
440
440
440
290
090
090
340
840
010
510
985
985
735
235
835
685
185
119
044
144
078
285
285
285
285
285
785
585
085
085
085
635
465
465
8
10
101
99
99
97
97
97
97
98
98
99
100
94
97
95
94
92
92
93
93
93
93
92
92
92
94
93
92
90
90
91
92
89
89
89
88
87
93
468
798
669
712
722
609
451
116
224
328
230
838
628
971
373
558
810
671
941
982
966
171
818
854
143
365
166
361
940
316
012
424
585
039
279
624
445
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Liabilities
Passivos
diversos
Resultado de
exploração
11=1+2+3+5=6+...+10 12
68
69
80
90
97
103
109
116
125
134
144
157
77
77
88
97
103
107
115
115
123
132
141
145
70
71
83
90
95
100
111
113
114
123
128
131
64
122
140
969
083
802
880
064
974
529
746
571
189
691
371
206
287
328
506
779
642
809
022
375
208
716
916
009
335
959
735
778
574
915
024
024
120
228
10
Capital
accounts and
reserves
Total
Other liabilities
643
637
646
647
652
659
665
674
681
684
696
702
628
631
639
648
658
667
675
681
690
695
715
727
664
658
679
688
700
715
740
755
758
769
783
790
746
809
130
280
366
128
171
985
194
052
768
681
704
434
139
180
070
910
670
386
081
198
743
361
950
370
327
364
448
548
882
684
452
362
754
440
310
747
11=1+2+3+5=6+...+10
Total
4 774
1 298
2 215
3 414
5 362
1 266
3 007
5 682
5 573
2 260
5 060
7 096
7 544
12
Operating
profit/loss
Memo items:
39
INTERMEDIÁRIOS FINANCEIROS - OUTROS (1)
2.7
FINANCIAL INTERMEDIARIES - OTHERS(1)
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
2
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
9
11
11
13
13
14
16
13
10
12
9
9
11
7
6
7
7
7
8
8
9
5
5
5
7
6
6
6
5
6
5
7
7
8
8
8
11
987
937
059
908
570
979
251
614
328
787
665
880
217
692
965
112
301
633
361
800
638
949
471
974
432
405
393
819
800
081
408
299
581
805
072
049
111
1
Deposits and
other similar
investments
3
23
21
19
20
20
18
16
15
17
17
17
18
17
17
20
19
20
19
19
19
21
10
10
9
9
9
9
9
9
9
9
9
9
9
9
9
7
808
244
650
647
689
896
368
051
931
184
144
587
291
086
820
662
775
209
335
312
616
560
332
908
443
404
379
189
974
795
881
856
863
068
856
828
334
2
4
51
79
74
68
71
68
67
68
68
69
68
68
72
70
70
70
71
70
72
72
72
73
73
74
80
77
77
78
78
78
78
78
79
78
77
79
78
106
416
698
910
087
997
948
374
311
013
962
936
070
494
418
499
668
775
923
050
638
552
675
240
449
915
703
343
843
692
709
761
507
642
960
030
691
3
Securities
5
18
46
46
41
41
44
44
44
44
44
44
43
44
44
44
44
44
44
45
44
44
44
44
44
47
47
47
47
47
47
47
47
47
46
46
46
44
25
26
30
32
36
34
39
42
45
46
49
52
29
28
30
33
35
37
40
42
45
47
52
53
25
27
30
33
35
38
41
45
48
50
54
56
28
246
229
752
332
551
509
617
847
946
099
036
017
497
990
603
209
444
875
034
518
381
150
191
855
963
660
144
039
486
141
141
022
865
590
297
019
057
5
Non-performing
loans
of which:
Assets
6
747
480
104
583
764
426
361
228
151
630
369
977
457
670
867
774
777
536
109
612
308
664
178
059
870
356
881
487
181
336
311
207
107
896
178
404
785
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
7
59
84
81
79
83
80
78
77
74
74
74
74
79
75
76
76
80
80
81
81
81
74
73
73
82
77
77
78
77
77
78
76
78
76
75
75
81
8
471
024
085
233
121
479
289
306
257
371
476
853
830
674
102
794
515
022
681
008
541
950
709
788
067
905
503
187
980
602
120
911
400
344
991
708
574
6
Other assets
Por memória:
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos
subordinadas)
empréstimos e subordinados e outros títulos
outros
de rendimento
recursos
fixo
similares
Loans and
other similar
resources
9
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
582
7
6
6
6
6
6
4
4
3
3
3
3
4
1
1
1
1
1
1
1
1
1
510
500
500
499
494
311
511
621
621
300
300
800
500
800
800
700
700
500
500
500
500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
Subordinated
loans
Capital e
reservas
Liabilities
10
16
18
18
18
18
17
17
17
19
19
17
17
18
18
18
18
18
16
16
16
18
14
17
17
11
11
11
11
11
11
11
13
13
13
13
14
14
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
389
771
511
278
419
441
266
228
413
342
524
219
305
289
267
189
133
515
547
552
572
845
876
773
694
611
856
609
677
679
711
555
700
733
999
019
870
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
27
28
29
31
33
34
39
41
44
47
48
51
29
27
32
33
34
36
40
43
47
46
49
51
28
31
33
37
39
42
44
49
53
56
59
62
28
196
949
481
205
281
569
536
149
643
488
925
966
858
917
055
218
258
872
343
038
078
833
503
834
944
286
678
013
864
847
726
890
134
447
612
618
167
10
Capital
accounts and Other liabilities
reserves
110
138
136
135
141
137
140
139
142
145
144
149
130
124
128
130
135
135
140
142
149
137
141
143
123
121
123
127
130
132
135
140
145
147
150
152
125
147
826
158
797
897
381
184
887
517
083
807
420
074
262
806
482
188
492
653
681
272
210
669
978
288
383
619
390
103
709
139
937
816
105
185
927
194
11=1+2+3+5=6+...+10
Total
-3456
-60
742
934
1 099
91
27
-686
-7166
41
258
402
703
12
Operating
profit/loss
Memo items:
(1) Inclui Sociedades de Desenvolvimento Regional, Sociedades Emitentes ou Gestoras de Cartões de Crédito, Sociedades de Investimento e Outros Intermediários Financeiros. / Including Regional Development
Companies, Credit Card Issuing or Managing Companies, Investment Companies and Other Financial Intermediaries.
40
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
2.8
AGÊNCIAS DE CÂMBIOS
EXCHANGE OFFICES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
2
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
511
520
621
812
692
669
717
918
839
923
997
1 152
1 058
1
3
4
57
59
59
31
31
7
7
11
54
102
102
102
70
2
Deposits and
other similar
investments
5
0
0
0
0
0
2
2
1
2
2
7
7
7
3
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos subordinadas)
empréstimos e subordinados
e
outros
títulos
outros
de rendimento
recursos
fixo
similares
6
0
0
0
0
0
2
2
1
2
2
7
7
7
4
Loans and
advances
Securities
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
1
2
2
1
3
7
206
297
354
499
294
608
466
814
851
819
763
219
533
8
126
132
175
198
165
186
240
290
328
379
434
440
413
5
Non-performing
loans
6
7
Loans and
other similar
resources
Other assets
8
11=1+2+3+5=6+...+10
1
2
2
1
3
94
172
293
485
97
400
254
697
569
562
561
179
307
10
12
773
876
034
342
017
285
192
744
746
845
869
480
668
1
1
1
1
2
3
3
1
2
4
1
7
-10
24
110
69
-12
12
95
78
-3
40
170
117
11=1+2+3+5=6+...+10 12
Capital
accounts and Other liabilities
reserves
Operating
profit/loss
Total
Memo items:
BROKERS
Fonte / Source: Banco de Portugal
106 escudos
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
97
Resultado de
exploração
SOCIEDADES CORRETORAS
Passivos
dos quais:
96
9
Total
Liabilities
Activos
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
553
572
566
659
755
699
698
748
841
896
866
861
947
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Subordinated
loans
Passivos
diversos
10
0
0
0
0
0
0
0
0
0
0
0
0
0
of which:
94
95
Capital e
reservas
9
0
0
0
0
0
0
0
8
8
8
8
0
0
Assets
2.9
Por memória:
Títulos em
carteira
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
2
2
2
2
3
3
2
4
3
3
4
4
4
4
936
988
875
089
067
298
049
286
099
059
145
363
193
949
921
188
990
170
079
148
445
461
583
601
584
734
962
037
041
561
130
932
765
361
317
874
435
1
Deposits and
other similar
investments
3
4
316
314
324
324
358
358
361
330
309
316
315
315
306
108
135
140
146
146
146
146
146
146
147
147
148
155
155
156
155
155
154
154
154
154
154
154
140
2
0
0
0
0
0
0
0
0
0
0
0
0
8
0
0
0
0
0
0
28
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
Securities
5
0
0
0
0
0
0
0
0
0
0
0
0
8
0
0
0
0
0
0
28
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
865
451
452
436
396
540
183
830
547
539
216
020
803
380
521
779
544
775
003
828
691
393
741
782
250
817
731
900
879
754
403
806
577
995
589
207
956
5
Non-performing
loans
Obrigações
Passivos sob
(excepto
a forma de
Empréstimos subordinadas)
empréstimos e subordinados
e outros títulos
outros
de rendimento
recursos
fixo
similares
6
2
8
2
2
2
3
4
4
3
10
6
4
17
3
1
2
3
2
3
2
1
2
2
2
1
4
2
3
7
3
7
9
8
8
13
15
8
Por memória:
7
8
39
41
41
38
44
77
42
177
36
214
37
38
48
164
37
135
35
48
32
31
36
43
30
51
46
56
46
72
143
55
32
1 823
32
299
34
33
12
6
Other assets
of which:
Assets
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
Loans and
other similar
resources
9
0
0
0
0
0
0
0
0
0
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
30
37
37
38
38
38
7
Subordinated
loans
Capital e
reservas
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
Liabilities
10
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
088
087
135
077
128
126
127
127
127
127
127
127
427
912
912
903
903
903
903
902
901
903
901
901
998
062
063
053
038
039
036
036
036
034
034
034
337
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
2
8
2
2
2
3
4
5
3
10
6
4
17
3
1
3
3
3
3
3
3
4
4
4
2
6
4
5
9
5
10
11
11
12
16
19
12
990
625
475
734
649
993
424
142
792
543
482
503
805
331
598
039
712
110
263
187
315
024
510
548
908
558
709
938
864
346
589
003
391
140
955
131
144
10
Capital
accounts and Other liabilities
reserves
4
9
3
3
3
5
5
6
4
11
7
5
19
4
2
4
4
4
4
4
4
5
5
5
3
7
5
7
11
6
11
13
12
13
18
20
13
117
753
651
849
821
196
593
446
955
914
676
698
310
437
577
107
680
091
228
150
282
000
471
530
982
706
848
093
075
470
687
892
496
510
060
235
531
11=1+2+3+5=6+...+10
Total
280
87
142
137
86
59
108
87
95
128
408
806
624
12
Operating
profit/loss
Memo items:
41
2.10
SOCIEDADES GESTORAS DE FUNDOS DE INVESTIMENTO
INVESTMENT FUND MANAGING COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
2
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
8
7
9
7
7
8
9
10
9
7
7
7
7
10
10
11
8
7
7
7
8
10
10
12
13
12
13
13
13
13
14
14
15
20
21
21
24
229
919
264
714
081
565
762
130
354
261
024
735
828
346
963
056
635
955
188
177
243
552
913
837
373
834
776
627
677
140
159
256
268
608
428
990
271
1
Deposits and
other similar
investments
3
17
15
14
15
15
12
13
12
14
13
14
15
12
13
13
13
14
13
14
14
13
11
12
11
11
11
11
10
10
10
10
11
11
7
7
8
8
643
556
781
426
751
895
924
403
148
887
610
010
827
019
090
658
881
982
966
890
997
743
352
428
074
806
625
323
092
282
966
451
455
282
912
765
263
2
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
48
3
Securities
5
42
4
5
7
8
9
11
12
14
14
19
20
20
9
8
9
10
9
10
11
12
13
14
15
17
5
7
8
10
11
12
14
16
18
20
22
23
5
Non-performing
loans
7
374
248
455
258
994
610
781
045
872
231
302
941
594
558
008
106
439
813
731
864
717
841
916
256
870
233
536
347
648
987
617
948
691
747
427
208
024
5
of which:
Assets
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
48
4
Loans and
advances
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
8
18
18
16
17
15
13
16
18
23
22
34
50
44
47
53
51
51
50
45
47
44
40
40
38
43
42
39
30
32
37
34
35
39
38
45
43
55
6
Other assets
Por memória:
Passivos sob
Obrigações
a forma de
(excepto
Empréstimos subordinadas)
empréstimos e subordinados
outros
e outros títulos
recursos
de rendimento
similares
fixo
Loans and
other similar
resources
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13
19
19
19
19
19
15
15
15
15
15
24
24
24
24
29
30
30
30
27
27
25
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
Subordinated
loans
Capital e
reservas
Liabilities
10
25
25
24
23
21
21
21
21
21
21
21
21
26
26
24
22
22
22
21
21
20
20
21
21
26
25
25
21
21
21
21
21
21
21
21
21
28
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
296
393
162
382
576
593
613
658
661
664
667
860
487
536
963
532
591
242
898
698
931
980
052
228
149
539
564
720
747
816
812
747
576
512
597
602
862
Total
Resultado de
exploração
11=1+2+3+5=6+...+10 12
4
3
7
7
11
11
14
14
16
18
20
21
3
5
8
12
10
10
11
13
14
16
18
20
4
6
8
12
13
14
17
20
23
27
30
32
8
932
312
322
999
235
464
838
902
690
693
235
776
718
340
045
224
294
439
924
169
963
101
074
239
110
277
310
523
614
532
867
844
770
058
099
292
664
10
Capital
accounts and Other liabilities
reserves
30
28
31
31
32
33
36
36
38
40
41
43
30
31
33
34
32
32
33
34
35
37
39
41
30
31
33
34
35
36
39
42
45
48
51
53
37
246
723
500
398
826
070
467
578
374
379
936
686
249
923
061
820
955
750
886
933
957
136
181
521
317
873
937
297
417
409
742
655
414
637
767
963
606
3 147
1 214
2 353
3 852
4 573
1 398
2 680
4 129
4 838
1 845
3 615
5 857
7 862
11=1+2+3+5=6+...+10 12
Total
Operating
profit/loss
Memo items:
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
2.11
SOCIEDADES GESTORAS DE PATRIMÓNIOS
WEALTH MANAGING COMPANIES
106 escudos
Fonte / Source: Banco de Portugal
Activos
Passivos
dos quais:
Activos sob a
forma de
depósitos e
outras
aplicações
similares
1
94
95
96
97
Títulos em
carteira
2
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
Jan
Fev
Mar
Abr
Mai
Jun
Jul
Ago
Set
Out
Nov
Dez
605
597
657
600
526
501
507
478
579
417
486
496
463
613
651
573
552
535
559
569
591
585
730
740
626
786
681
744
818
688
688
800
832
839
1 409
1 373
1 815
1
3
326
343
330
335
404
398
431
421
407
389
434
431
543
502
532
551
547
536
526
622
573
578
526
523
581
467
479
507
528
535
573
611
731
721
543
439
406
2
Deposits and
other similar
investments
4
5
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
15
11
13
3
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
15
11
13
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
1
1
1
1
1
1
2
2
2
2
3
3
1
4
Loans and
advances
Securities
Activos
diversos
Créditos de
cobrança
duvidosa
Créditos
concedidos
7
743
759
853
998
128
237
332
486
524
862
881
966
038
040
125
318
443
567
732
788
952
179
250
406
447
427
598
706
734
860
096
270
419
958
139
532
713
8
14
13
15
16
14
15
14
14
15
16
16
15
11
11
10
15
15
24
24
21
23
29
20
18
18
10
9
11
10
7
7
7
5
5
5
4
6
5
Non-performing
loans
Por memória:
Passivos sob
Obrigações
a forma de
(excepto
Empréstimos subordinadas)
empréstimos e subordinados
outros
e outros títulos
recursos
de rendimento
similares
fixo
6
Loans and
other similar
resources
Other assets
9
0
0
0
0
0
0
0
0
0
0
0
0
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
21
7
Capital e
reservas
10
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
2
2
of which:
332
329
292
265
256
253
253
253
254
254
254
255
623
619
620
578
578
578
578
577
577
574
571
569
887
883
887
746
744
771
770
788
778
924
125
125
925
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Subordinated
loans
Assets
Total
Resultado de
exploração
11=1+2+3+5=6+...+10
1
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
1
1
2
2
2
3
329
357
532
652
789
868
002
118
242
398
532
623
407
522
676
847
946
033
212
377
513
737
912
079
747
783
860
197
323
301
577
883
196
596
974
223
996
10
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
3
2
2
2
2
3
3
3
3
3
4
5
5
3
Liabilities
94
95
96
97
2
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
Mar
Jun
Set
Dez
2
2
2
2
2
2
2
2
2
2
2
2
2
831
760
363
403
416
796
301
276
742
337
162
874
933
1
Deposits and
other similar
investments
3
2
3
3
3
3
6
6
6
18
32
36
51
44
52
5
Loans and
advances
6
3
3
3
3
6
6
6
18
32
36
51
44
52
4
Passivos sob
a forma de
empréstimos
e outros
recursos
similares
Activos
diversos
Créditos de
cobrança
duvidosa
4
3
Securities
121
236
76
154
227
301
123
225
414
586
12
Operating
profit/loss
Memo items:
Passivos
Créditos
concedidos
712
816
789
740
847
770
892
785
794
874
883
899
873
69
106 escudos
dos quais:
1
26
FINANCIAL AUXILIARIES - OTHERS (1)
Activos
Títulos em
carteira
159
Total
Fonte / Source: Banco de Portugal
Activos sob a
forma de
depósitos e
outras
aplicações
similares
12
675
699
840
933
058
136
270
385
510
668
802
893
045
154
309
443
542
637
816
979
115
342
506
669
655
680
759
957
080
082
357
681
982
528
106
355
947
11=1+2+3+5=6+...+10
Capital
accounts and Other liabilities
reserves
AUXILIARES FINANCEIROS - OUTROS (1)
2.12
Passivos
diversos
14
19
24
29
17
23
28
35
23
27
34
39
22
746
592
022
920
703
623
648
374
149
633
156
926
120
5
Non-performing
loans
of which:
Assets
8
174
944
285
382
556
089
439
480
852
879
579
714
645
6
Other assets
Obrigações
(excepto
Empréstimos subordinadas)
subordinados e outros títulos
de rendimento
fixo
7
2
4
4
5
4
6
6
7
8
9
10
10
8
Subordinated
loans
Capital e
reservas
9
0
0
0
0
208
208
214
214
212
212
211
210
36
7
Loans and
other similar
resources
Por memória:
0
0
0
0
0
0
0
0
0
0
0
0
0
8
Liabilities
10
8
7
7
7
8
8
8
8
8
8
8
7
8
9
Bonds
(excluding
subordinated
bonds) and
other
fixed-income
securities
Passivos
diversos
074
917
914
955
306
212
197
192
498
257
282
993
520
Total
11=1+2+3+5=6+...+10
8
10
14
19
7
12
16
22
9
12
18
24
8
043
311
978
730
902
686
995
567
156
532
179
826
778
10
Capital
accounts and Other liabilities
reserves
18
23
27
33
20
27
31
38
26
30
37
43
25
Resultado de
exploração
12
292
172
177
067
972
195
846
453
717
880
251
743
978
11=1+2+3+5=6+...+10
Total
408
218
311
668
368
-21
-178
-141
276
335
435
810
639
12
Operating
profit/loss
Memo items:
(1) Inclui Sociedades Administradoras de Compras em Grupo, Sociedades Mediadoras do Mercado Monetário e do Mercado de Câmbios e Outros Auxiliares Financeiros./ Including Group-Purchase Managing Companies,
Foreign-Exchange and Money-Market Mediating Companies and Other Financial Auxiliares.
Banco de Portugal / Suplemento nº1/98 ao Boletim Estatístico / Dezembro 1998
43
Statistical data on non-monetary financial institutions
REFERENCES
Instruction No. 4/96 of the Banco de Portugal
Instruction No. 7/96 of the Banco de Portugal
Instruction No. 10/96 of the Banco de Portugal
Instruction No. 11/96 of the Banco de Portugal
Instruction No. 12/96 of the Banco de Portugal
Instruction No. 13/96 of the Banco de Portugal
Instruction No. 14/96 of the Banco de Portugal
Instruction No. 15/96 of the Banco de Portugal
Instruction No. 16/96 of the Banco de Portugal
Instruction No. 17/96 of the Banco de Portugal
Instruction No. 18/96 of the Banco de Portugal
Instruction No. 19/96 of the Banco de Portugal
Instruction No. 20/96 of the Banco de Portugal
Instruction No. 21/96 of the Banco de Portugal
Instruction No. 22/96 of the Banco de Portugal
Instruction No. 23/96 of the Banco de Portugal
Instruction No. 1/97 of the Banco de Portugal
Instruction No. 43/97 of the Banco de Portugal
Web site of Associação de Sociedades
Financeiras para Aquisições a Crédito (Association of Credit-purchase Financing Companies),
at the following address: http://www.asfac.pt.
• Official Chart of Acounts.
• Publications of Associação Portuguesa de
Empresas de Leasing (Portuguese Association of
Leasing Companies): “Leasing em Portugal” and
“Evolução do Sector”.
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
• Legal system of Credit Institutions and Financial
Companies (Decree-Law No. 298/92 of 31 December).
• Legal system of Risk-capital Companies and Entrepreneurial Development Companies (Decree-Law No. 433/91 of 7 November and other
legislation in force).
• Legal system of Investment Companies (Decree-Law No. 260/94 of 22 October and other
legislation in force).
• Legal System of Credit-purchase Financing Companies (Decree-Law No. 206/95 of 14 August
and other legislation in force).
• Legal system of Holding Companies (Decree-Law No. 495/88 of 30 December and other
legislation in force).
• Legal system of the Group-purchase Managing
Companies and its System (Decree-Law No.
237/91 of 2 July and other legislation in force).
• Regulation governing Brokers and Dealers (Decree-Law No. 229-I/88 of 4 July and other legislation in force).
• Regulation governing Financial Leasing Companies (Decree-Law No. 72/95 of 15 April and
other legislation in force).
• Regulation governing Factoring Companies and
their Contracts (Decree-Law No. 171/95 of 18
July and other legislation in force).
• ESA95 European System of National and Regional Accounts in the Community (Council
Regulation (EC) No. 2223/96 of 25 June 1996).
45
Supplements to the Statistical Bulletin
Supplements to the Statistical Bulletin
1/98 Statistical data on non-monetary financial institutions,
December 1998
Banco de Portugal / Statistical bulletin supplement no. 1/98 / December 1998
49