Tag Archives: Brasil Santander

Brazilian government to press ahead with reform of TJLP

The Brazilian government is resisting pressure to reconsider its proposal to change how BNDES, the state development bank, charges interest rates to lenders. The government has written a bill that will phase out the current long-term TJLP rate – which … Continue reading

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Is Bradesco in the frame for HSBC Brazil?

Brazil’s retail banking market could be about to consolidate into the hands of local players, as international participants struggle with poor economic performance and growing regulatory demands. A report by Fitch Ratings in February showed that foreign-owned banks’ participation is … Continue reading

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