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Portugal's central bank is the Banco de Portugal, which is an integral part of the European System of Central Banks. The largest Portuguese banks are Banco Comercial Português and the state-owned Caixa Geral de Depósitos. [139] Portuguese banks hold strategic stakes in other sectors of the economy, including the insurance sector.
Cash value added (CVA) is a measure of business profitability defined as [1] the EBITDA generated by the business, less tax, less its required return. The required return is an annuity based on the purchase price of the assets in use in the business, inflated to today's value of money, the weighted average cost of capital (WACC) and the economic life of the assets.
The North Region (Portuguese: Região do Norte [ʁɨʒiˈɐ̃w du ˈnɔɾtɨ]) or Northern Portugal is the most populous region in Portugal, ahead of Lisbon, and the third most extensive by area. The region has 3,576,205 inhabitants according to the 2017 census, and its area is 21,278 kilometres (13,222 mi) with a density of 173 inhabitants per ...
Actual cash value (ACV) is not equal to replacement cost value (RCV). Actual cash value is computed by subtracting depreciation from replacement cost. [1] The depreciation is usually calculated by establishing a useful life of the item determining what percentage of that life remains. This percentage multiplied by the replacement cost equals ...
Eight locations have been always considered cities since Portugal became an independent kingdom (de facto 1128): Braga, Coimbra, Lamego, Porto and Viseu, as well as Évora, Lisbon and Silves, which were annexed at a later date. Guarda was the first city proclaimed as part of the independent kingdom, in 1199.
The Porto Metropolitan Area is a major economic engine in Portugal, with a very high HDI (Human Development Index) and a GDP above the European average. [4] Porto has been Portugal's largest manufacturing region since the Industrial Revolution and is home to many of the country's largest corporations. It is chaired by Eduardo Vítor Rodrigues .
Similarly, the Portuguese cities of Porto and Braga, two of the most populated and Ancient urban areas of Portugal, are located quite close to the Galician nearby cities of Vigo and Pontevedra and in a certain way represent a continuation of the moderate south–north conurbation that leads up to the medieval pilgrimage destiny and ...
However, it was during this period that the predecessor of the Lisbon Stock Exchange was created in 1769 as the Assembleia dos Homens de Negócio in Praça do Comércio Square, in Lisbon's city center. In 1891, the Bolsa de Valores do Porto (Porto Stock Exchange) in Porto was founded. The Portuguese colonies in Africa started a period of great ...