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Retail Banking Country Snapshot: Brazil 2016

By:
, Published: Dec-2016
Report Code: VF0143CI    Report Format: Electronic PDF

Description


The Brazilian banking sector is highly consolidated, with a handful of large banks controlling a significant market share. Product ownership rates are high, particularly for current and savings accounts. Both younger and older age groups use branches often. Internet penetration in Brazil is low, and hence providers need to maintain a multi-channel approach or focus on specific geographical areas in the country. Consumers are generally conservative in their choice of provider, with a bias towards those with which they have an existing relationship. With new regulations being introduced by the Central Bank of Brazil, the market has opened up to new entrants to encourage greater competition within the sector.

Scope

  • This brief reviews the retail banking sector in Brazil, with a particular focus upon the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from our global Retail Banking Insight Survey.
  • The report offers insight into:- How consumers in Brazil take out and use their financial products, and how this has changed in recent years.- Which providers dominate the current account, savings, mortgage, and loan markets, and what factors persuaded their customers to choose them.- The extent to which consumers are using online and mobile channels to research, take out, and use their financial products.

Reasons to Buy

  • Future proof your strategy with market sizing, forecasts, and analysis of key developments currently affecting Brazil’s retail banking sector.
  • Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
  • Learn about the impact that new entrants and distribution channels will have on the market.