Fragilização de grandes bancos no início do Plano Real [The weakening of big banks in the beginnings of the Plano Real]

Carlos Eduardo Carvalho () and Giuliano Contento de Oliveira ()
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Carlos Eduardo Carvalho: Pontifícia Universidade Católica de São Paulo
Giuliano Contento de Oliveira: Pontifícia Universidade Católica de São Paulo

Nova Economia, 2002, vol. 12, issue 1, pages 69-84

Abstract: The bankruptcy of three big private banks (Econômico, Nacional and Bamerindus) in the beginning of the Plano Real has been attributed to the fast and intense growth of loan after the fall of inflation. The three banks balance sheet data, however, show a decrease in credit amount or a very small growth from July 1994 to the bankruptcy. The article defends that the problems of the three banks came from the past and were aggravated by difficulties to face the new problems created by the end of high inflation and by the restrictive economic politics in 1995.

Keywords: Bank bankruptcies; the Real Plan; banks and inflation; Banco Econômico; Banco Nacional; Banco Bamerindus (search for similar items in EconPapers)
JEL-codes: G21 G33 N26 (search for similar items in EconPapers)
Date: 2002

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