In the term of economy, Brazil is a very attractive. There are many people who really do not know much about the interesting market of this country. Most of the industries in Brazil are related to finance. Middle class people of Brazil are new in managing their finance. According to Visa's International Financial Literacy Barometer 2012 Brazil is currently the most financial literate country in the world: Brazil topped out the field, scoring 50.4 out of 100. Mexico, Australia, the United States and Canada rounded out the top five. If we see in the financial term Brazil is still developing and the financial planning is being practiced by their financial institution. The institutions are promoting the highest professional and ethical standards for the individuals.
Here are the top five Brazilian financial companies -
Banco is the largest banking and financial company in Brazil. It provides its customers a range of banking and financial products and services. Individual and corporate banking services, credit operations, mortgage loans, credit and debit cards, leasing operations, investment banking, and international banking are also include in its services. This bank works in Brazil and also abroad. The headquarter of this company is in Osasco. This company was founded in 1943.The annual payout of this company is 0.33 and dividend yield is 1.86%. This company declares dividend on the monthly basis.
Banco do Brazil S.A (English: Bank of Brazil)
This is the largest Brazilian and Latin American bank by assets. It is in the third position of the market value. This was founded in 1808 and the oldest bank in Brazil and also one of the most financial institutions in the world. It is the country's biggest lender to business and consumer, which have a loan portfolio equal to nearly $300 billion, or more than 20% of the total financial system. It is one of the four most profitable Brazilian banks since 2000 and still holding a strong leadership position in retail banking.
This company is Brazilian and international bank. This company is at the 10th position in all over the world's largest sector financial institutions in terms of total assets. This plays an important role in the Brazilian and international banking sector. This company operates in all the areas related to financial field and also works in trade finance, asset management and treasury operations. It is also related to foreign exchange, housing loans, consumer financing, trade finance, asset management and treasury operations, investment funds and managed portfolios.
Banestes SA Banco do Estado do Espirito Santo is a commercial bank based on Brazil. This company provides its customers all kind of financial services, commercial portfolio, rural, industrial and real estate credits, currency exchange, leasing operations, investment funds management, among others. Beside all these services this company also offers insurance products, as well as distribution, brokerage and management of third parties assets.
This is the largest bank based in southern Brazil. Banrisul serves in the state of Rio Grande do Sul with the network which is serving almost 364 cities. By the market capitalization it is one of the 100 largest publicly held companies in Brazil. This company is one of the ten largest banks in the financial industry and related to net income and shareholder's equity. It has 437 branches in Brazil and two other branches are also in New York and the Cayman Island. The company was founded in 1928.
These are the top five Brazilian companies that are related to finance. Brazil is famous in the term of financial sector in all over the world.it may also call an emerging markets to begin a recovery.
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