Company Overview of Caixa Econômica Federal
Caixa Econômica Federal, a financial institution, provides banking products and services in Brazil and internationally. It is involved in various business activities related to real estate financing, rural financing, basic sanitation, urban infrastructure, commercial banks, and credit cards, as well as the rendering of services of a social nature, delegated by the Federal Government. It offers savings accounts, mortgage notes, housing loan bills, financial bills, judicial deposits, and demand and time deposits; and grants loans primarily linked to housing, water and sewage, and infrastructure, including the onlending of funds from the Government Severance Indemnity Fund for Employees, and th...
SBS Quadra 4 Lotes 3 E 4
Edificio Sede 21 Andar
Founded in 1861
Key Executives for Caixa Econômica Federal
Vice President of Finance and Director
Vice President of Personnel Management and Director
Vice President of Individuals and Director
Vice President of Third-Party Assets and Director
Compensation as of Fiscal Year 2014.
Caixa Econômica Federal Key Developments
Caixa Reportedly Selling Consumer Distressed Loans
Jul 2 14
Caixa Econômica Federal is considering selling a pool of distressed consumer loans to investors, the first step in a broader plan to get rid of bad loans and free up capital, a source said. About BRL 3 billion worth of defaulted loans could be sold to funds that specialize in dealing with distressed assets, the source said.
Sources Say Caixa Econômica And BTG Considering Possible Deal
May 2 14
Caixa Econômica Federal is considering becoming a partner in BTG Pactual Group (BOVESPA:BBTG11)'s corporate insurance business, two sources with knowledge of the situation said. Caixa Econômica is considering a partnership in investment bank BTG’s corporate insurance business. One source stated that Caixa is studying how to team up with BTG Pactual in the high risk and corporate insurance business, although no terms have been decided. Two sources, seeking anonymity, further mentioned that BTG is negotiating the purchase of the insurance unit of Banco Pan S.A. (BOVESPA:BPNM4) (Banco PanAmericano SA), a consumer lender in which both BTG and Caixa are partners. PanAmericano could use proceeds from the sale, which could fetch as much as BRL 600 million, to return to profitability following its emergence from bankruptcy in recent years. BTG Pactual, Caixa considering Brazil insurance deal, sources say. Sources added that BTG Pactual and Caixa are also finalizing the terms of a BRL 1.5 billion real capital injection into PanAmericano. Both the deals are expected to "go hand in hand" and could be announced together, the first source added.
Caixa Econômica Federal Presents at BofA Merrill Lynch 2014 Brazil Conference, Mar-17-2014
Mar 13 14
Caixa Econômica Federal Presents at BofA Merrill Lynch 2014 Brazil Conference, Mar-17-2014 . Venue: Grand Hyatt Sao Paulo, Avenida das Nações Unidas, 13.301, Sao Paulo, SP 04578-000, Brazil.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|