Table of Contents
Executive Summary
5 Table: Latest Actual Data (BRLbn) 5 Table: Latest Actual Data (US$bn) 5 Table: Latest Key Indicators At November 2008 5 Table: Annual Growth Rate Projections, 2009-2013 (%) 6 Table: Ranking Out Of 45 Countries Reviewed In 2009 6 Table: Projected Levels, 2008-2013 (BRLbn) 6 Table: Projected Levels (US$bn) 7 Overview - Commercial Banking Sector Of Brazil 8 SWOT Analysis10 Brazil Commercial Banking SWOT 10 Brazil Political SWOT 11 Brazil Economic SWOT 12 Brazil Business Environment SWOT 13 Commercial Banking Business Environment Rating14 Table: Brazil' s Commercial Banking Business Environment Ratings 14 Commercial Banking Business Environment Rating Analysis 14 Commercial Banking Business Environment Rating Methodology 16 Table: Americas Commercial Banking Business Environment Ratings 18 Global Outlook19 Regional Outlook21 Table: Comparison Of Loan/Deposit, Loan/Asset And Loan/GDP Ratios, End 2008 21 Table: Anticipated Developments In 2009 21 Table: Comparison Of Total Assets, Client Loans And Client Deposits, 2007 And 2008 (US$bn) 22 Table: Comparison Of Per Capita Deposits, End 2008 (US$) 22 Table: Interbank Rates And Bond Yields 23 Commercial Bank Sector Outlook 24 Macroeconomic Activity 24 Table: Brazil - Economic Activity, 2006-2013 25 Fiscal Policy 26 Exchange Rate/Monetary Policy 27 Market Structure30 Protagonists 30 Table: Protagonists In Brazil' s Commercial Banking Sector 30 Definition Of The Commercial Banking Universe 31 List Of Banks 31 Table: 55 Largest Banks By Assets - As Ranked By BCB In September 2008 31 Company Profiles33 Banco do Brasil 33 Table: Key Statistics For Banco do Brasil (BRLbn) 33 Itaú Unibanco 34 Table: Key Statistics For Itaú Unibanco (BRLbn) 34 Bradesco 35 Table: Key Statistics For Bradesco (BRL bn) 35 Santander 36 Table: Key Statistics For Santander (BRLbn) 36 Caixa 37 BNDES 38 Table: Key Statistics For BNDES (BRLbn) 38 HSBC 39 Table: Key Statistics For HSBC (BRLbn) 39 Methodology40 Basis Of Projections 41 Commercial Bank Business Environment Rating 41 Table: Commercial Banking Business Environment Indicators And Rationale 43 Table: Weighting Of Indicators 44
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