Igor Cornelsen, a top investor, and banker in Brazil, said that banks in Brazil are able to tackle tough times by having knowledge of the market and experience. It was originally on cbnc.com that to provide a sense of security the banks led only to firms and individual who have high credit; despite the tough economy, major private banks experience a rise in shares. This leaves people with small credit to go to public institutions of just forget about getting financial assistance at http://igorcornelsen.tripod.com/; this affects the economy of the country negatively. Brazil is an attractive country, the natural resources and opportunity for growth of infrastructure makes in a target despite the unstable economy; again, it is the largest country in the continent and a very enormous food producer.
Igor Cornelsen gave the bare-bone of banking, before investing he says, you should know the basics so you can make wise decisions; he gave four basics. The first one, the real value of the real; the currency of Brazil has been overvalued, this make exports to lose competitiveness and create a currency deficit on about.me. Devaluation of currency will increase investments in industry and exports to be competitive, and the currency account too will stabilize.
Second basic according to Igor Cornelsen, Brazilian banks have ten major players. There only ten major private owned and state investment and commercial banks keeping in mind that Brazil has the largest economy in South America. The ten are Caixa Economica Federal, Banrisul, Banco Bradesco, Citibank Brazil, Banco Itau, Santander, Banco do Brasil, HSBC, Banco J Safra and
Igor Cornelsen’s third basic is to pay attention to China; China being Brazil largest trading partner, growth in Chinese economy leads to growth in Brazil’s economy on Crunchbase. China is Brazil’s biggest competitor in exports of industrialized goods, and should always keep competitors closer so as to monitor the markets.
Lastly, Mr. Cornelsen said a fresh face would turn things around. Having a new member who was not previously there might help the economy improve. A person with expertise in the field will come up with new strategies to make everything better.