Tag: Alexander Albuquerque

• Friday, March 22nd 2013 - 07:09 UTC

  Moody’s marks eroding capital position of two of Brazil’s main state-run banks

  

  Moody's Investors Service lowered this week the long-term issuer ratings of Brazilian state banks BNDES and Caixa Econômica Federal, citing their eroding capital position after years of rapid credit expansion, but spared the also government controlled Banco do Brasil.