Is INDIA developing?

April 23rd, 2008

The first thing when u c Indians most of people are technically well stuffed. And one more important thing is population in India. Indians usually work hard even if pay less that what our situation is. But India doesn’t grow because of IT development if we see in most of the cities in India many of the people are not improve who are in other than IT. IF you see a people in some other field like electrical or mechanical field they even don’t know how to improve themselves because of  IT. Most of them started changing their fields to IT

 

BANCO ITAU

April 21st, 2008

Banco Itaú is the second largest private bank in brazil.It is a bank of public type and was founded in 1945.The bank with more than 62 years of unbeatten reputation is currently headded by Roberto Egydio Setubal (CEO) and Olao Setubal(Chairman).It has its headquaters at Sao Paulo and Brazil.It mainly concentrates in Finance and Insurance.Its revenue is up by $60.0 billion USD as of 2007.The Net income is around $5,251 billions.It employs around 50,000.It is the most important affliate of Investimentos Itaú (Itaúsa),which ranks among the top 500 corporations in the world by Fortune magazine. Banco Itaú also received exclusive rights to purchase BankBoston’s operations in Chile and Uruguay. It exercised these rights and it received the necessary regulatory approvals. These two operations are now Itaú Chile and Itaú Uruguay.Its parent is Banco Itaú Holding Financeira S.A.Itaú now accounts for about 11% of the Brazilian market for retail banking services.

For further information log on to www.itau.com.br

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THE BANCO CENTRAL DO BRASIL

March 18th, 2008

The Banco Central do Brasil popularly known as BCB is an autonomous federal institution founded in the year 1964.With years of reputation it also has also carried out the functions of the government banks. It has been controlling foreign trade operation and executing foreign exchange operation on behalf of the public sector enterprises and the national treasury. It is a bank of Public type and was founded by Rio de Janeiro. The current CEO is Antonio Francisco de Lima Neto. Its revenue as of 2007 is up by $42.4 billion USD and its net income is up by $2.85 USD as of 2006.It employs around 82700.

 

The strategic panning of BCB helps to decide and control the institution’s action. it changes the bans environment both (internal and external) according to the challenges that are identified. The institution also has its integration with government Planning –Plano Plurianual (PPA) which connects itself to the budget process thereby defining the government planning process.
Besides offering the above discussed commercial and government services, the bank also offers a variety of services including bill payment services, ATM loans, and a single package that contains the account numbers for checking, multiple savings accounts, and investment accounts.

 

For further information log on to www.bcb.gov.br

Unibanco

March 4th, 2008

Unibanco is the third largest bank in Brazil. It is a public type company and was founded in the year 1924 Poços de Caldas, Brazil .It has its Headquarters at Sao Paulo, Brazil. This reputed organization was founded by João Moreira Salles. The present CEO is Pedro Moreira Salles and Pedro Malan is the Administration Council Member. It mainly deals with Finance and Insurance. The revenue is up by $18.0 billion USD as of the financial year 2007.It offers a wide variety of financial services, such as checking accounts, consumer credit, loans, insurance, pension and investment funds, brokerage services etc

 

For further information log on to unibanco.com.br

HSBC Bank (Brazil)

February 28th, 2008

This is one of the youngest but notable and key player of Brazil. It was founded in the year 1997 and it is up to its reputation around the world. It is a subsidiary of HSBC Holdings plc. It took over Banco Bamerindus which was founded in the year 1952.It has its headquarters at Curitiba,Brazil. Youssef Nasr is the president of this company. It mainly concentrates on providing Financial Solutions. It employs around 28,000.

 

For further details log on to http://www.hsbc.com.br/

CAIXA ECONOMICA FEDERAL

February 26th, 2008

Caixa Econômica Federal, referred to as CAIXA, is a Brazilian bank, one of the largest government-owned financial institutions .It is the second biggest Brazilian bank and one of the notable organization in Brazil. It is of the type Public and was founded in the year 1861.It operates with its Headquarters at Brasilia, Brazil. Maria Fernanda Ramos Coelho is the president of this reputed organization. It takes up Finance and Insurance and mainly delivers Banking services. It’s revenue is up by $26.5 billion USD as of 2007.The net income is also appreciatively up by $1.5billion USD as of 2007.This organization acts as a tool for public investment and expansion of access to financial services to the Brazilian public.Caixa is still the manager of most Brazilian lotteries. The profits of these Brazilian state lotteries are reverted to amateur sport promotion and elementary education.

For further information log on to www.caixa.gov.br

BNDES

February 18th, 2008

The Brazilian Development Bank(BNDES) associates itself with the Ministry of Development ,Industry and Foreign Trade. It is a Federal public company. It was established in the year 1952.Since its inception , it has played a vital role in support of investment in agriculture, service industry and commerce . BNDES has also financed large-scale industrial and infrastructure endeavors. It also plays key role in supporting social investments aimed at education and health, family agriculture, basic sanitation and mass transportation.

For further information contact http://www.bndes.gov.br

BANCO SANFRA

February 12th, 2008

Banco Safra was one of the most reputed concern, ranking sixth in Brazil. It stands up to its slogan of Secular Tradition of Security. It was founded in the year 1955.It has its headquarters in Sao Paulo, Brazil. Joseph Safra is the chairman of this 53 year old organization. It mainly delivers Financial Services. The revenue is up by $5.593 billion as of the year 2005.It employs around 3,800 persons. Net income amounted to $633.9 million in 2005.The bank is active in trade finance, asset management and treasury operations .It also offers commercial and financial services, especially in the area of trade finance. The bank’s activities extend beyond traditional lending operations to leasing, investment fund management, brokerage and insurance operations. The bank is also active in trade finance, asset operation and treasury operations.

For further information log on to www.safra.com.br

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