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The impact of Pix has been transformative for the financial system and the payments landscape in Brazil, and it has gained praise from the IMF for its positive impact on financial…
Outlook for the banking sector.
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DOI: 10.1108/OXAN-DB219806
ISSN: 2633-304X
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Reform of the National Development Bank.
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DOI: 10.1108/OXAN-DB224900
ISSN: 2633-304X
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Outlook for the banking sector.
Amid a backdrop of anaemic growth, lending in Latin America's largest banking market slowed last year. Loan expansion in Brazil was once again led by the country's large public…
Brazil's deep recession is not reflected in the healthy results announced by its major banks, which represent one of the few positive elements of a beleaguered economy. Good…
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DOI: 10.1108/OXAN-DB208276
ISSN: 2633-304X
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The decision was taken despite inflation that reached 10.67% last year. It came days after President Dilma Rousseff signed into law the 2016 federal budget, which foresees a GDP…
At its first meeting of 2017, on January 10-11, the COPOM reduced the benchmark Selic interest rate to 13%. The 75-basis-point (bp) rate cut decision, the largest in nearly five…
Despite sluggish growth, Latin America’s largest financial system saw a return to loan expansion in 2018 after two consecutive years of year-on-year declines.
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DOI: 10.1108/OXAN-DB242193
ISSN: 2633-304X
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Geographic
Topical
The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…