SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (10257)10/19/2006 9:12:44 AM
From: elmatador   of 217906
 
Brazil is ahead. Bank sector restructured in 1995. See: Restructuring the banking sector: the PROER and PROES

At PROES inception 35 financial institutions were controlled by state governments, out of which 23 were commercial or universal banks. By August 2000, ten had been closed, 13 either privatised directly or federalised prior to privatisation. Only five banks remained under state control after restructuring and recapitalisation, while a number of states chose the option to transform their banks into development agencies that are not authorised to lend to state governments. The federal government had issued BRL 55.4 billion in federal securities (equivalent to 5.8 per cent of GDP in 1999) under PROES. The participation of state-level banks in the financial sector has thus shrunk drastically, from about 18 per cent of financial sector assets and liabilities in 1994-97 to around 3.5 per cent by the end of 2000.

interdev.oecd.org

I want to see Germany restructure theirs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News