Bradesco and Banco Postal’s Business Model in Brazil from FS Series #11
Attached Document:
Source:
Chemonics International Inc.
Document Type:
PDF
Date:
December 1, 2010
Bradesco and Banco Postal’s Business Model in Brazil from FS Series #11 – Innovations in Financial Services Delivery: Branchless Banking
Bank outsourcing and correspondents have been common in Brazil since the 1970s. In 1999, the Central Bank of Brazil revised the framework for bank agents, permitting them to open accounts and accept withdrawals, deposits, and bill payments.