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. Nevertheless, Brazil's long-standing challenges of low growth, high debt, and elevated levels of poverty and inequality have been …
Persistent link: https://www.econbiz.de/10012697400
Since the Brazil 2012 FSAP, the financial system has been stable despite the deep recession. The resiliency of the …
Persistent link: https://www.econbiz.de/10011983891
The Central Bank of Brazil (BCB) has shown a determined commitment to enhancing its standards and practices of banking …
Persistent link: https://www.econbiz.de/10011983898
Important improvements have been made to the bank resolution, safety net and crisis management framework since the last FSAP. The resolution framework has been strengthened with the creation, within the Banco Central do Brasil (BCB), of a new Resolution Department, and requirements for recovery...
Persistent link: https://www.econbiz.de/10011983902
Brazilian FMIs are among the top twenty worldwide. All together there are sixteen financial market infrastructures2 (FMIs) operating in the Brazilian payment system (SPB), out of which nine3 are systemically important and four belong to the top twenty FMIs in the world4. FMIs play an essential...
Persistent link: https://www.econbiz.de/10011983909
The insurance sector has significant potential for expansion and to contribute to economic growth as an important part of the financial sector. While the insurance sector has grown at 10 percent annually over the last 5 years, on average, and remains profitable with high solvency ratios, the...
Persistent link: https://www.econbiz.de/10011983910
The financial system has been resilient through the severe recession. Banks and investment funds dominate Brazil …
Persistent link: https://www.econbiz.de/10011983914
Brazil's financial markets are generally liquid and sophisticated. Brazil is blessed with a wide array of instruments … and is widely attributed by market participants to ensuring the resiliency of Brazil's markets despite a multitude of … significant shocks. A key foundation of the resiliency of Brazil's markets is the large structural liquidity surplus (around 20 …
Persistent link: https://www.econbiz.de/10011983915
Brazil has a large and diverse investments funds sector which is subject to a robust regulatory framework. The …
Persistent link: https://www.econbiz.de/10011983947
Brazil is the largest country in Latin America with a varied geography and a population of over 200 million spread … initiatives have been launched to address these needs, however there remains a significant infrastructure gap in Brazil which …
Persistent link: https://www.econbiz.de/10011984091