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It is difficult for the two state-owned banks, Banco do Brasil and Caixa Econômica Federal, to be privatized by the future government of Jair Bolsonaro, said Octavio Friday of Lazari Junior, president of Banco Bradesco.
"I do not think that privatization is necessary and urgent and should not happen in such a short time," said Lazari, emphasizing the competence of the technical team formed by the future government to manage both financial institutions. institutions in which it would make more sense to see government participation sold, such as the IRB, the reinsurance institute.
According to the chairman of the board of directors of Bradesco, Luiz Carlos Trabuco Cappi, public banks have their role in the economy and should be strengthened.
The leaders point out that the two state-owned banks hold about 50% of the credit in Brazil and claim that Bradesco wants to do more credit operations.
IOF falsify the banking market
Octavio de Lazari, president of Bradesco, criticized the company's behavior. IOF (Financial Transaction Tax) on credit transactions, which would distort the market with an interest rate of 6.5%.
"There is an asymmetry in the tax," he said.
The end of IOF's credit collection is one of Febraban's demands in a book in which she advocates for measures to reduce interest rates
The Vice-President President Marcelo Noronha said he expects the business credit market to grow by 10% in 2019 and that all points to similar behavior for the individual segment.
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