Caixa Economica Federal - S&P Global Ratings’ Credit Research

Caixa Economica Federal

Caixa Economica Federal - S&P Global Ratings’ Credit Research
Caixa Economica Federal
Published Jul 31, 2019
13 pages (5016 words) — Published Jul 31, 2019
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Sticky customer base and sound fee-based income generation due to its prominent role in executing public policies for the federal government; Diversified funding profile given the lender's large and stable retail deposit base and its administration of the national unemployment fund; and Strong liquidity. Social role of some business lines and political influence could weaken performance; Risk-adjusted capital (RAC) ratio still weaker than peers; and High asset class concentration in real estate loans. The stable outlook for the next 12 months on Caixa Economica Federal (Caixa) reflects the outlook on the foreign currency sovereign rating on Brazil (BB-/Stable/B) that limits the ratings on the bank. We expect Caixa to maintain its good asset quality metrics and conservative credit growth in

  
Brief Excerpt:

...Sticky customer base and sound fee-based income generation due to its prominent role in executing public policies for the federal government;...

  
Report Type:

Full Report

Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

Caixa Economica Federal – 2020/01/31 – US$ 500.00

Caixa Economica Federal – 2021/01/21 – US$ 500.00

Caixa Economica Federal – 2022/02/07 – US$ 500.00

Caixa Economica Federal – 2023/04/10 – US$ 500.00

Caixa Economica Federal – 2024/03/28 – US$ 500.00

Caixa Economica Federal – 2018/07/25 – US$ 500.00

Summary: Caixa Economica Federal – 2018/07/25 – US$ 225.00

Caixa Economica Federal – 2017/12/21 – US$ 500.00

Summary: Caixa Economica Federal – 2017/12/21 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Caixa Economica Federal" Jul 31, 2019. Alacra Store. May 14, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Caixa-Economica-Federal-2274941>
  
APA:
S&P Global Ratings’ Credit Research. (). Caixa Economica Federal Jul 31, 2019. New York, NY: Alacra Store. Retrieved May 14, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Caixa-Economica-Federal-2274941>
  
US$ 500.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.