Perfect Storm for Brazil Mid-Cap Banks?

Nov 21, 2011

These are not particularly sunny days for small, mid-cap banks in Brazil, especially those involved in the payroll lending business. Limited access to liquidity, tougher capital requirements from the country’s central bank and high levels of maturing debt are putting a squeeze on a number of weak banks and weighing on secondary debt levels. This week, Moodys’s downgraded Banco...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Will a strong dollar deter investors from LatAm bonds?

Vote