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Deteriorating Asset Quality and its Impact on Brazil's Banks

Deteriorating Asset Quality and its Impact on Brazil's Banks

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Brazilian banks surprised the markets by reporting robust financial results for 2014, but South America's largest nation is set to continue battling the twin challenges of stagnant growth and high inflation this year, leading many investors to question when Brazil's economic woes will manifest themselves on bank balance sheets in the form of worsening asset quality and reduced profitability. This report assesses the health of Brazil's banking system.

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