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in Brazil. In the 1990s, however, the scenario changed and the bank underwent a serious downsizing, in which thousands of employees lost their jobs. Part of the problem was caused by the modernization of the
Brazilian banking system in the 1980s, with many other banks introducing savings accounts to
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237.00 billion in savings or investment. Together with government pension funds and other governmental resources, Caixa controls more than R$ 1.80 trillion (roughly about US$ 630 billion). Caixa is seen as a tool for public investment and expansion of access to financial services to the
Brazilian
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Nowadays, Caixa is the second-biggest
Brazilian bank, and with locations in thousands of Brazilian towns, ranked the third-largest financial institution in Brazil by number of branches. Caixa has more than 146 million accounts, with liabilities worth more than
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their portfolios, Brazilian states being granted rights to hold their own lotteries in addition to the federal government's, a series of corruption scandals regarding lottery fraud, and the opening of the national market to foreign banks. The control of
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The 1970s were particularly lucrative for the bank, mostly due to its near-monopoly on savings for the poor and lower-middle classes, the management of
Brazilian state (federal) lotteries and being the only lawful
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Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
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Content in this edit is translated from the existing
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Caixa is still the manager of most
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also hampered Caixa's financial performance by making savings accounts less attractive.
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756:(in Brazilian Portuguese). Caixa IR. pp. 30, 64, 65, 95
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828:"Brazil's Middle Class Finds a Lifeline at the Pawnshop"
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as a financial institution destined to collect national
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to this template: there are already 467 articles in the
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a machine-translated version of the
Portuguese article.
856:. Câmara dos Deputados. Acesso em 27 de julho de 2017.
868:"Caixa overtakes Itaú as Brazil's 2nd largest lender"
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Decreto
Imperial nº 2.723, de 12 de Janeiro de 1861
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729:(in Brazilian Portuguese). 25 October 2023
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157:{{Translated|pt|Caixa Econômica Federal}}
801:. Rio de Janeiro: GEN - Método. Pág. 86.
776:"Demonstrações Contábeis 2021 (BrGaaP)"
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568:eighty-third largest bank in the world
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681:Fundo de Garantia do Tempo de Serviço
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799:Direito Administrativo Descomplicado
209:adding citations to reliable sources
588:Caixa Economica e Monte de Socorro
537:[ˈkajʃɐekoˈnõmikɐfedeˈɾaw]
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564:fourth largest in Latin America
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155:You may also add the template
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906:1861 establishments in Brazil
334:Government-owned corporation
896:Companies based in Brasília
168:Knowledge (XXG):Translation
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901:Banks established in 1861
558:company headquartered in
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79:the corresponding article
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324:Headquarters in Brasília
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529:Caixa Econômica Federal
413:Carlos Vieira Fernandes
355:; 163 years ago
304:Caixa Econômica Federal
166:For more guidance, see
353:January 12, 1861
139:copyright attribution
542:Federal Savings Bank
503:Brazilian Government
370:Neutral Municipality
205:improve this article
485:Number of employees
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833:The New York Times
556:financial services
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121:main category
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75:You can help
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872:. Retrieved
870:. BNAmericas
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673:Banks portal
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198:verification
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86:(March 2018)
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36:Please help
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604:pawn broker
550:state-owned
417:Chairperson
890:Categories
733:26 October
709:References
566:, and the
440:Net income
409:Key people
360:1861-01-12
231:newspapers
39:improve it
807:cite book
687:Lotofácil
625:Mega-Sena
609:inflation
553:Brazilian
161:talk page
113:Consider
45:talk page
631:See also
620:public.
560:Brasília
432:gambling
424:Products
394:Brasilia
340:Industry
261:May 2014
137:provide
874:24 July
839:24 July
727:O Globo
596:savings
578:History
548:, is a
509:Website
489:86,000
428:Banking
380:Founder
358: (
350:Founded
245:scholar
159:to the
141:in the
83:.
782:7 July
760:7 July
683:(FGTS)
516:.caixa
498:Parent
491:(2021)
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402:Brazil
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546:Caixa
252:JSTOR
238:books
104:DeepL
876:2017
841:2017
813:link
784:2022
762:2022
735:2023
518:.gov
430:and
224:news
135:must
133:You
97:View
617:R$
590:in
520:.br
514:www
474:R$
451:R$
364:in
207:by
106:or
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830:.
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