Many commentators attributed to Brazil about average resistance to the effects of the global recession on the above reasons. A fact worth mentioning is factually am, know that the beginning of the Great Depression, the securitization market less than 10 percent in comparison to the volume of credit in the country as a war - also brought die crossing between the two market no significant damage to major damage and loss distribution. At the end of 2009 war in Brazil One of only four countries in the world with a wide distribution in Kreditgeschaft with his average of 30 percent over. In fact, war, and the country fur its high regulatory standards in Hohle 2009 Financial Stability Forum in Basel, know that she die to avoid the worst consequences of the economic crisis, praised a half. As Alexandre Kunststra.e, director of regulation at the central bank noted. We are accustomed to dealing with demanding environments, our institutions and our legislation. All that have taken place since the mid 1990's Done We tend to use a more cautious approach. Below she find a list of key banks of Brazil. Central Bank of Brazil - DM Highest financial AUTHORITIES and the state governing body in the finance and economics. The institution is standing DM of Finance, making the decisions with regard to the monthly interest rate SELIC. Banco do Brasil - Brazilian te and the large Latin American Bank of values. With headquarters in Braslia available die elders active bank in Brazil (founded 1808). Caixa Econmica Federal Republic - in 1861 founded (more often than Caixa ; Mention), now is die Bank female fur die financing known of the civil and construction, administrative die Minha Casa Vida Minha housing programs and to die gro en actors in Brazil .
Director of regulation at the central bank noted
February 8th, 2011
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