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Fragilização de grandes bancos no início do Plano Real [The weakening of big banks in the beginnings of the Plano Real]

Author

Listed:
  • Carlos Eduardo Carvalho

    () (Pontifícia Universidade Católica de São Paulo)

  • Giuliano Contento de Oliveira

    () (Pontifícia Universidade Católica de São Paulo)

Abstract

The bankruptcy of three big private banks (Econômico, Nacional and Bamerindus) in the beginning of the Plano Real has been attributed to the fast and intense growth of loan after the fall of inflation. The three banks balance sheet data, however, show a decrease in credit amount or a very small growth from July 1994 to the bankruptcy. The article defends that the problems of the three banks came from the past and were aggravated by difficulties to face the new problems created by the end of high inflation and by the restrictive economic politics in 1995.

Suggested Citation

  • Carlos Eduardo Carvalho & Giuliano Contento de Oliveira, 2002. "Fragilização de grandes bancos no início do Plano Real [The weakening of big banks in the beginnings of the Plano Real]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 12(1), pages 69-84, January-J.
  • Handle: RePEc:nov:artigo:v:12:y:2002:i:1:p:69-84
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    More about this item

    Keywords

    Bank bankruptcies; the Real Plan; banks and inflation; Banco Econômico; Banco Nacional; Banco Bamerindus;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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