trending Market Intelligence /marketintelligence/en/news-insights/trending/WgsK7S2F7dXVIcLzkYD3Zg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Caixa focuses on lending to midsize companies through new wholesale division

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Caixa focuses on lending to midsize companies through new wholesale division

Brazil's Caixa Econômica Federal has set up a new wholesale business area that will help the state-owned bank boost corporate lending to medium-sized companies, Valor Econômico reported.

The new division will focus on firms with annual revenues of between 30 million reais and 500 million reais, a segment in which the bank's performance has historically been poor, according to the report.

Caixa has established 59 specialized offices to serve wholesale customers across Brazil, with 51 of them dedicated to midsize companies. A team of 1,200 employees has been assigned to work in new business area.

"The changes are a milestone for Caixa," said Eduardo Dacache, the company's vice president of wholesale, adding that the new division will streamline the bank's business model.

Caixa is slowly shifting away from lending to larger companies and has decided not to renew short-term loans for some bigger firms, instead directing them toward the capital market. However, it is still open to project financing in sectors such as construction, infrastructure and agribusiness.

As of Jan. 8, US$1 was equivalent to 4.07 Brazilian reais.