The economy crisis of 2014 affected most banks in Brazil. However, despite many banks making losses, two leading private banks in Brazil, Banco Bradesco (BBD) and Itau Unibanco (IUTB), increased their market shares by one third. In addition, the two institutions experienced an increase in profits. Itau Unibanco’s revenues rose by 36 percent while Bradesco’s profitability margin improved by 28 percent from the previous year. Explaining why the two private banks survived the storm, Igor Cornelsen said that they had segmented their target market. Notably, Brazilian banks, especially those that are in the private sector, lend to credited borrowers. To this end, people are forced to borrow from other banks. This way, small investors engage in cash based spending while others forego their business plans, which in turn affects the macro-economy and the development of Brazil on icrowdnewswire.com.
Igor suggested that the Brazilian government should implement more market-oriented reforms to make investors feel secure. Igor posited that investors who are considering purchasing Brazilian stocks should seek the services of renowned banks, including Banco Itau, Bradesco, Banco J Safra, Santander, Caixa Economica Federal, HSBC, Banco do Brasil, Banrisul and BTG Pactual. Igor asserted that people should to pay attention to the Chinese economy. This is because China is the largest trading partner of Brazil. Igor Cornelsen said that a stronger Chinese economy would mean better prices for Brazilian raw materials. Considering that China is the biggest rival for Brazil’s industrialized products, it is wise to focus on its trading partners to get a clear view of the available investment options at https://www.jusbrasil.com.br/topicos/64228355/igor-cornelsen.
Igor Cornelsen is an investment expert. He is highly knowledgeable on the various avenues of investment. The shrewd professional is the proprietor of Bainbridge Investment Company. Previously, he held several top positions in different Brazilian Banks until 2010 when he retired. Due to his extensive experience and knowledge of the Brazilian investment market, Igor is well placed to advice investors on the existing investment options on angel.co. He urges people to investing in the damaged stocks of distressed companies. An investor can buy such stocks cheaply. After a while, they can be able to fetch higher returns because of the increased value of such shares in the stock market.