Subjects
Federal Banking in Brazil:
Policies and Competitive Advantages
Kurt E von Mettenheim
Financial History
978 1 84893 065 0: 234x156mm: £60.00/$99.00
978 1 84893 066 7
This study is the first in a decade to provide an overview of banking in Brazil. It is argued that the big three federal banks have long provided essential policy alternatives and, since the liberalization of the industry in the 1990s, have realized competitive advantages over private and foreign banks. Based on archival research and extensive analysis of recent bank performance, the case studies – a commercial investment bank, a savings bank and a development bank – reveal an unacknowledged aspect of Brazilian development and the unexpected reform and modernization of these large financial institutions in contemporary Brazil.
Readership
Financial History, Banking and Political Economy
Contents
1 Government Banking Theory
2 Government Bank Change in Brazil
3 The Banco do Brasil
4 Caixa Economica Federal (Federal Savings Bank)
5 The Banco Nacional de Desenvolvimento Economico e Social (National Bank for Economic and Social Development, BNDES)