Brazil’s Caixa Achieves Strong Financial Results in Q1

Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million) in the first quarter. This figure represents a 49% increase compared to the same period last year. Under accounting standards, the public bank’s result was R$ 2.5 billion ($485 million), reflecting a 27.3% rise. The growth in Caixa’s credit portfolio drove […]

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