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 ()
Additional contact information
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, 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
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.face.ufmg.br/novaeconomia/sumarios/v12n1/v12n1carvalho.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nov:artigo:v:12:y:2002:i:1:p:69-84

Ordering information: This journal article can be ordered from
Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil
https://revistas.fac ... dex.php/novaeconomia

Access Statistics for this article

Nova Economia is currently edited by Gustavo de Britto Rocha

More articles in Nova Economia from Economics Department, Universidade Federal de Minas Gerais (Brazil) Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Lucas Resende de Carvalho ().