Brazil's Banks Adjust View of Their Market
Por um escritor misterioso
Last updated 05 fevereiro 2025
Dick Meyer speculates that big countries like Brazil which are making large investments in IT may quickly expand microfinance through commercial banks and eventually outpace other countries that have invested in NGOs and other specialized microfinance institutions. He quotes a New York Times article which explains how for decades, banks in Brazil almost exclusively catered to the middle and upper classes, aiming at a small but wealthy minority in a country with one of the world's most skewed income gaps. That is now starting to change, in part because Brazil's moneyed classes are already over-served by banks. That, analysts say, means the growth potential for financial institutions at the high end of the market is diminishing and they are waking up to the fact that the low-income classes are going to be the biggest source of growth for the future. Under new rules, banks can set up kiosks and banking terminals in supermarkets and drugstores instead of opening and running new branches. Because Brazil's banks are highly automated, these terminals tend to be inexpensive to operate, making it easier for banks to get a return on their investment. To encourage lending to the poor, the government also allows banks to use up to 2 percent of reserve requirements - money that would otherwise be parked at the central bank - to offer low-interest loans to low-income customers. Banks like the privately owned Lemon Bank in São Paulo that operates exclusively through automated teller machines in outlets like bakeries and corner stores, are more interested in providing basic financial services than in offering credit. "There's a lot of romanticizing about credit," said Michael Esrubilsky, Lemon Bank's general manger. "What our client really needs is convenience to pay bills, to not have to spend an hour to get to the nearest bank and to not have to spend 10 reais on transportation to get back and forth."
USDA ERS - Brazil's Momentum as a Global Agricultural Supplier
Brazil Central Bank Reinforces Cautious View on Fight to Bring
Hyperinflation in Brazil - Wikipedia
Brazil Banks Market - Size & Industry Share
Brazil 2013 Inflation Rises Above Target - WSJ
A banner for Banco Santander Brasil covers the facade of the New
A Positive Tipping Point for Some Brazilian Banks?
Brazil Banks Market - Size & Industry Share
Mohamed A. El-Erian on X: From @markets on interest rate actions
Brazil's banks adjust risk appetite as inflation threatens asset
Visualizing the Top 10 Biggest Companies in Brazil
Key Data on the Current State of Neobanks in Brazil
Brazil Bank Case Study Organisational Culture Change
Solved If the head of the Central Bank of Brazil wanted to
Brazil bank profit in 2022 set to surpass previous year
Recomendado para você
-
150+ Cursos Online da FGV com Certificado Gratuito — Class Central05 fevereiro 2025
-
Free Course: Pluralidades em Português Brasileiro from Universidade Estadual de Campinas05 fevereiro 2025
-
Free Course: Launching into Machine Learning em Português Brasileiro from Google Cloud05 fevereiro 2025
-
Brazil central bank to tighten digital asset regulation amid 44% spike in investment - CoinGeek05 fevereiro 2025
-
CLASS CENTRAL reúne 450 cursos gratuitos on-line05 fevereiro 2025
-
The 25 best central midfielders in world football - ranked05 fevereiro 2025
-
Southern Cone - Wikipedia05 fevereiro 2025
-
Livro > Classe Média e Lutas Sociais05 fevereiro 2025
-
Sister Revolutions: American Revolutions on Two Continents (Teaching with Historic Places) (U.S. National Park Service)05 fevereiro 2025
-
Page 2 - 2200+ Portuguese Language Courses [2023], Free Online Courses05 fevereiro 2025
você pode gostar
-
Tottenham Hotspur vs Sheffield United » Predictions, Odds & Scores05 fevereiro 2025
-
Werewolf In A Spotlight Stock Illustration - Download Image Now05 fevereiro 2025
-
02 - Kyouran ~ Heroic Age (OST II - Kikan) - [ZR]05 fevereiro 2025
-
Toy Story 4 Trailer Reveals We're In For Yet Another Tear-Jerker05 fevereiro 2025
-
Liu, Qingnan vs Chen, Qi b China Chess League Div A 2023, Fuling05 fevereiro 2025
-
Dragon Ball Super: Super Hero Shows the Z-Fighters Can Be Terrifying05 fevereiro 2025
-
Pro-gamer GIFs - Get the best GIF on GIPHY05 fevereiro 2025
-
Self-Contained 2-Way Wireless Security System - SCW905705 fevereiro 2025
-
Grandma's Boy - Movies on Google Play05 fevereiro 2025
-
Beckett Unofficial Guide To Pokémon Diamond & Pearl - Bulbapedia05 fevereiro 2025