TITLE

Brazil Banks Stable in Crisis, Says Fitch

PUB. DATE
July 2009
SOURCE
American Banker;7/6/2009, Vol. 174 Issue 127, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the rating agency Fitch Ratings has stated that Brazil's banks have remained financially stable despite the global financial crisis and recession. The agency's report found that despite falling profits and lessened liquidity, Brazil's banks have maintained strong capital ratios during the crisis.
ACCESSION #
42993703

 

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