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State-owned Caixa bank is now largest real estate lender in Brazil

RIO DE JANEIRO, BRAZIL - With a 67% market share, state-woned Caixa Econômica Federal is considered the largest real estate lender in the country. The bank presents essential data, with a housing credit portfolio with a volume of R$534.6 (US$100) billion and about 6 million financing contracts. In August this year, the bank reached a record of R$14.01 billion in new contracts.

In an interview with Exame Invest, Pedro Guimarães, president of Caixa, said he was delighted with the bank's performance in relation to bank credit. "When I took over the bank . . .

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