Bras\u00edlia \u2013 The second half of 2012 will be much better for the Brazilian economy, said the heads of public and private banks after a two-hour-long meeting this Wednesday (8th) with Brazil\u2019s Finance minister Guido Mantega and Central Bank chairman Alexandre Tombini.<\/p>\n
According to Federal Savings Bank chairman Jorge Hereda, the only one who spoke to the press after the meeting, the economic outlook for the second portion of the year was discussed, and the bankers are expecting growth to be resumed. <\/p>\n
"We will have a much better second half than the first one. So believe all of those who were in attendance,\u201d said Hereda.<\/p>\n
The Savings Bank chairman said credit expansion is expected and the spreads (i.e. the difference between the banks\u2019 buying prices and the prices they charge from clients) continue to drop in the country. "It was an assessment-oriented meeting. We at the Savings Bank are doing well, and contributing to the country\u2019s growth,\u201d Hereda summed up.<\/p>\n
The meeting was attended by the Banco do Brasil chairman Aldemir Bendine, Bradesco vice-president J\u00falio Ara\u00fajo, Ita\u00fa chairman Roberto Set\u00fabal, Santander chairman Marcial Portela, Safra vice president Silvio Aparecido de Carvalho, BTG vice president P\u00e9rsio Arida, Citibank chairman H\u00e9lio Magalh\u00e3es, and HSBC chairman Andr\u00e9 Brand\u00e3o.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The period will be much more favourable to the Brazilian economy, according to the heads of public and private institutions.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-42255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The period will be much more favourable to the Brazilian economy, according to the heads of public and private institutions.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=42255"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/42255\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=42255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=42255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=42255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}