Historical and Structural Trends in the Brazilian Financial System

Francis A. Lees, James M. Botts and Rubens Cysne
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Francis A. Lees: St John’s University
James M. Botts: Coopers & Lybrand

Chapter 5 in Banking and Financial Deepening in Brazil, 1990, pp 103-138 from Palgrave Macmillan

Abstract: Abstract Two recent events of a legal nature are expected to exert a significant impact on the structure and functioning of Brazil’s financial system. One is the new Brazilian constitution which was promulgated on 5 October 1988. Chapter IV (specifically, Article 198) sets forth certain legal guidelines for a banking reform law which is to be enacted by Congress. The other is Central Bank Resolution 1.524, dated 21 September 1988, establishing the bases for a multiple bank system of financial institution organisation, modelled essentially along Mexican lines and having been developed with support from the World Bank.

Keywords: Financial Institution; Commercial Bank; Investment Bank; Saving Bank; Small Bank (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10639-4_5

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DOI: 10.1007/978-1-349-10639-4_5

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