News and Articles and News tagged 'bank'

The largest bank in Brazil will hold the largest IPO in the world – a $ 6 billion

The largest bank in Brazil will hold the largest IPO in the worldThe largest bank in Brazil, Banco do Brasil plans to raise 12.15 billion Brazilian reais ($ 6.04 billion) due to IPO of its pension and insurance divisions. So far, this is the most ambitious IPO in the world this year.  Read more »

The national currency of Brazil: Coins and Banknotes

The national currency of Brazil: Coins and BanknotesBrazilian real – the official currency of the Federative Republic of Brazil. Bank code – BRL. 1 Brazilian Real = 100 centavos. Existing nominal values banknotes: 100, 50, 20, 10, 5, 2 and 1 real. Coins: 1 real, 50, 25, 10, 5 and 1 centavos.  Read more »