As per a recent report “Opportunities in Brazil Banking Sector” by RNCOS, a leading market research firm, Brazilian banking sector is strong, diversified and adequately capitalized. Its high levels of capitalization have allowed it to weather the recent global credit crunch well. Despite the economic slowdown, the credit extension as well as bank deposits continued to surge in 2008 and are expected to maintain the growth pace in the coming years also. Resultantly, the banking sector in the country is expected to continue recording sizable growth in the coming years. In terms of assets, the sector is expected to grow at a CAGR of nearly 10% during 2009-2013.
There has been huge demand for loans as well as depository products in the recent past. Moreover, the deposits in the system remained mostly unaffected from the global financial crisis. The deposits grew at a CAGR of over 29% during 2002-2008. Therefore, the deposit/GDP ratio in the country is very high by both regional as well as international standards. The Brazilian government has also taken several initiatives to boost the domestic banks sector and combat the impacts of financial crisis on the economy. The report discusses all those initiatives in detail.
Our report “Opportunities in Brazil Banking Sector” provides thorough analysis of the banking sector in Brazil. It gives deep insight into each of the banking parameters like assets, loans, deposits and payment instruments. Most importantly, the report gives future outlook for all the important aspects of the industry, including assets, loans, deposits, etc., considering the effects of global economic crisis on base drivers, opportunities and challenges faced by the banking sector in the country.
Moreover, the report also provides critical risks and ratio analysis, which will help clients in understanding the sector better and make right decisions. Additionally, the report also contains detailed information of key industry players (both domestic and foreign), their business strategies and market share.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM523.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
