Before investing in Brazil, it pays to do your homework. Brazil banking expert Igor Cornelsen has laid out his tips for investing in Brazil on CNBC. How do Brazil banks rank globally?
“Globe on Brazil Flag”
No nation may have higher aspirations then Brazil, which has a globe on its flag. The largest country in South America at http://www.thestreet.com/story/12997973/1/investing-in-brazil-igor-cornelsens-top-3-tips.html, rich with raw materials and 200 million citizens – Brazil has already dominated football. Now, it wants to dominate economic affairs.
The country has balanced its economic productivity on http://imgfave.com/IgorCornelsen, which tended to be like a roller coaster ride with tremendous peaks and valleys previously. Under Lula in 2010, Brazil experienced a growth rate of 7.5%, which attracted much interest globally in the investment community. Brazil’s good fortune dovetailed with the economic problems of the West.
For those who are considering a Brazilian investment, Igor Cornelsen has discussed tips for success in his April 2016 CNBC interview. Understanding the Brazil banking sector is one of the primary requirements. The top Brazil banks are Itau Unibanco, Banco Bradesco, Banco Safra and Caixa Economica Federal.
“Largest Brasil Banks”
Forbes has ranked the top global banks for 2015, (based on profits, assets and market share) listing Brazil-based Itaú Unibanco Holding at 13th-largest. Banco Bradesco on http://templeofthecave.com/igor-cornelsen-shares-advice-for-investing-in-brazil/ is only a few places down at 18th-largest in the world. Therefore, in some respects, the Brazilian banking sector still has a lot of potential for growth.
The top three foreign banks in Brazil, according to Igor Cornelsen, are HSBC, Citibank and Santander. Forbes has ranked these as the 7th-, 8th- and 10th-largest banks in the world respectively. This fact demonstrates the growth potential that Mr. Igor Cornelsen’s clients have come to appreciate in Brazil. The nation is industrializing and still has plenty of opportunity for expansion.