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Maria Fernanda Ramos Coelho, President of Caixa Economica Federal of Brazil, presides over the opening bell. |
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Maria Fernanda Ramos Coelho, President of Caixa Economica Federal of Brazil, presides over the opening bell. |
Maria Fernanda Ramos Coelho, President of Caixa Economica Federal of Brazil, presides over the opening bell.
Friday September 21, 2007
from Nasdaq MarketSite
in New York's Times Square
Caixa Economica Federal of Brazil |
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Maria Fernanda Ramos Coelho, President of Caixa Economica Federal of Brazil, presides over the opening bell.
Brazil is a top market for NASDAQ's PORTAL system, a centralized trading and negotiation system for 144A securities. The fully automated Web-based platform is the first centralized electronic system for displaying and accessing trading interest in 144A issues.
Created in 1861, Caixa Economica Federal is today the largest state-owned bank in Latin America. Its figures express the fundamental role played by CAIXA in the life of all Brazilians. CAIXA promotes urban development and social justice in the country, contributing for the improvement of the population's quality of life, especially for the low income population
CAIXA is the main agent for the Brazilian government's public policies and is present in the life of millions of Brazilians. The main segments of CAIXA's business are: Commercial banking, Transference of Benefits, Lotteries Administration, Pawnbroking, Fund Management and Urban Development.
CAIXA is:
40 million customers
32.8% in savings market share
70.000 associates
19,000 points of service
Present in all 5,564 Brazilian cities
140 million payments of benefits under the Income Transfer Programs
in 2006
US$ 3.53 billion paid in the execution of income transfer programs
in 2006
US$ 2 billion collected in lottery in 2006.
US$ 2.15 billion in pawnbroking in 2006 US$ 5.45 billion granted in housing financing in 2006 US$ 1.25 billion net income in 2006.
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