Public Sector Banks in Brazil (BBVA)

Brazil Economic Watch:The increasing power of public banks in Brazil back to the past? published by BBVA. “The market share of public sector banks is now the highest in 10 years. Due to an impressive expansion in state-owned commercial and development banks, public credit now represents about 44% of total in Brazil, in comparison to 34% in 2007, right before global turbulences hit the country. This expansion (which follows years of relative stability) puts public banks back to the centre stage.”