Avaliação de bancos

: teoria e prática

Abstract

The aim of this survey is to review the Bank valuation literature focusing on Discounted Cash flows assess models. However, the survey will also include a brief revision of the application of the relative valuation and Fundamental Valuation models to financial institutions. . Banks have three major dimensions that are relevant for the choice of an adequate valuation model. In particular banks can be viewed as: (1) Financial Institutions; (2) Enterprises and (3) regulated entities. These dimensions have important implications on the choice and applicability of valuation models for banks Key words: Bank; Cash flow and valuation models.

Date of Award	2013
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Mário Coutinho dos Santos (Supervisor) & Pedro Duarte Silva (Supervisor)