Tag: CAIXA

RIO DE JANEIRO, BRAZIL - Banco do Brasil (BB) advised on Friday (3) that it has desisted from disassociating itself from the entity that represents the large banks in the country, Febraban, in the wake of a disagreement last...
RIO DE JANEIRO, BRAZIL -The country's five major state-owned companies - Banco do Brasil, Correios, Caixa, Petrobras, and Eletrobras - lost more than 111,000 employees between the beginning of 2015 and March this year. Together, they cut just over...
By Jack Arnhold, Contributing Reporter RIO DE JANEIRO, BRAZIL – From Tuesday, July 10th to Sunday, October 7th 2018, Rio’s Caixa Cultural will be hosting an exhibition of twenty engravings by the Spanish master, Francisco Goya, entitled ‘Loucuras Anunciadas’ (Madness...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Caixa Econômica Federal, the second largest government-owned financial institution in Latin America, announced yesterday (April 11th) the reduction of interest rates on credit cards, which now ranges from 8 to...
By Stephanie Foden, Contributing Reporter SALVADOR, BRAZIL – Procuring a home equity loan with Caixa Econômica Federal, Latin America’s second largest government-owned bank (after Banco do Brasil), has become easier now that the institution has reshaped and rebranded its line...
By Kristen Nozell, Contributing Reporter RIO DE JANEIRO, BRAZIL- A bank workers' strike that lasted twenty-three days finally came to a close on Friday in the majority of the country with bank employees returning to work on Monday following their decision...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – The President of Caixa Econômica Federal, Jorge Hereda, has admitted that the early release of Bolsa Família payments on May 17th was intentional and planned to avoid a systems error...
By Ben Tavener, Senior Contributing Reporter SÃO PAULO, BRAZIL – Interest rate cuts led by public banks in Brazil in 2012 have given a much-needed boost to small-scale businesses in terms of those looking to gain access to credit. Agência...
By Fiona Hurrell, Contributing Reporter RIO DE JANEIRO, BRAZIL - It’s just thirteen weeks until Carnival, the biggest, most anticipated event on the Carioca calendar, where samba dance parades, music and street parties go on all day, and, in most...

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