PIX: Can it Help Create a Digital Payments Ecosystem in Brazil?
Case Code: ECON101 Case Length: 12 Pages Period: 2016-2022 Pub Date: 2022 Teaching Note: Available |
Price: Rs.300 Organization : Central Bank of Brazil Industry : Financial Services Countries : India Themes: Government & Economy, FinTech,Government Policies,Financial Institutions |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background to Brazil’s Banking System
Brazil’s stringent bank rules dated back to the second half of the 1990s when a series of crisis resulted in the nation adopting a more rigorous version of international norms. The Basel II accord, the second set of international banking regulations defined by the Basel Committee on Bank Supervision (BCBS), had recommended that banks finance a minimum of 8 percent of their assets judged to be at risk with equity capital or subordinated debt...
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