|
|
 |
|
Viewing report
|
|
|
|
Bank Industry Risk Analysis: Federative Republic Of Brazil Nov 06
Standard & Poors, Nov 2006
Abstract
Size, diversity, and growth potential of the Brazilian economy Improving transparency and trend toward international standards Positive evolution of Central Bank oversight and prudent regulation High profitability and automation of banks Volatile operating environment Structural low level of financial intermediation Large presence of public-sector banks Distortions and structural problems lead to extremely high banking spreads that are not sustainable in the medium to long term The Brazilian banking industry has arrived at a relatively stable stage of its operation, and benefits from significant growth opportunities in retail lending. We expect these opportunities to continue in the medium term due to the relevant underbanked population. Brazilian banks went through a number of years with significant volatility caused either by external shocks...
Companies mentioned in this report are: Credit Suisse AG,Banco Safra S.A.,Banco Bradesco S.A.,Unibanco-Uniao de Bancos Brasileiros, S.A.,Banco Citibank S.A.,Banco Nacional de Desenvolvimento Economico e Social,Itau Unibanco Holding S.A.,Banco do Nordeste do Brasil S.A.,HSBC Bank Brasil S.A.,Banco Votorantim S.A.,Banco do Brasil S.A,Banco Santander (Brasil) S.A.,Banco Fibra S.A.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
