Igor Cornelsen: Values of Investing in the Brazilian Banking Industry

Posted by Cameron on January 20, 2016 in Business |

The banking sector around the world has always had its share of ups and downs ever since the global financial crisis of 2008. Just like in stock markets, players in the banking sector anticipate such occurrences and operate with measures to curb losses.

The situation affects the global economy. In Brazil, for example, the local economy experienced a tumultuous end to 2014. The local economy on findthebest.com failed to perform, and the world was alarmed by this occurrence. However, banks in Brazil told an entirely different story altogether. The largest banks in the country had their shares shoot.

When shares went up, these banks also enjoyed a steady increase in closing-year profits. Itau Unibanco, one of the leading banks in Brazil recorded a 36% increase in profits while Bradesco registered a 28% increase. Such results attracted the interest of economic analysts. Seasoned investment advisers and analysts like Igor Cornelsen can account for the phenomenon.

According to Mr. Igor Cornelsen, the Brazilian banks benefited from the experience they gathered over the years especially after the global financial crisis. The other key secret is the broad knowledge of the market. Other details revealed indicate that private sector banks in Brazil take note of a borrower’s creditworthy before approving loans. Such measures provide security to the banks and reduce unnecessary costs.

When private sector players in Brazil put into place security measures, bad debtors rush to the liberal public sector. Unless one formulates a sound business plan, the resources needed cannot be accessed, and the growth of the economy suffers since no injections are made or employment created.

Still, Brazil remains one of the top investment destinations in the world. It’s supported by an immense pool of natural resources and healthy climate, a bulging population as well as a robust infrastructural network. Food production in Brazil exceeds that in any other country in South America. All these factors work for the Brazilian economy thus luring in investors according to Igor Cornelsen on imgfave. The banking sector in Brazil thus offers an unmatched potential for growth and investment. An investment adviser, there are several basics Igor Cornelsen gives to his clients who seek to enter the financial market in Brazil.

First, the Brazilian financial sector has ten major players comprised of investment banks, private and public banks. The largest of these is obviously Banco Itau Unibanco followed closely by Bradesco, HSBC, Banrisul, Santander, Citibank Brasil and BTG Pactual. These institutions propel this great economy.

Elsewhere, the fiscal reforms implemented by the current dispensation, bankers are hopeful of better days. The private sector is breathing fresh and taking its rightful place in the development of the economy. Private firms also enjoy a cordial relationship with China. China imports raw materials from Brazil. Therefore, good prices may be seen when the Chinese economy blossoms.

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