Caixa Econômica Federal

Overview

Caixa Econômica Federal is Brazilian federal savings bank + Brazilian federal government fully owned + Brazil's largest social lending bank + Bolsa Família + FGTS + Minha Casa Minha Vida government social programs operator + ~145M+ Brazilian customers [1, br-cro].

History

Jan 12 1861 — Caixa Econômica do Rio de Janeiro founded by Emperor Pedro II in Rio de Janeiro distinctive Brazilian banking heritage.

1934 — Caixa Econômica Federal unified by President Getúlio Vargas.

1986 — FGTS Fundo de Garantia do Tempo de Serviço social security fund management by Caixa Econômica Federal.

2003 — Bolsa Família social welfare program operation by Caixa Econômica Federal.

2009 — Minha Casa Minha Vida federal social housing program operation by Caixa Econômica Federal.

2010 — Caixa mobile banking app launch.

2020 — Caixa Auxílio Emergencial COVID-19 emergency aid distribution to ~70M+ Brazilians.

Ownership & operator

Operating entity: Caixa Econômica Federal (Brazilian federal savings bank; Brazilian federal government fully owned).

Major shareholders: Government of Brazil (Ministry of Finance + Federal Executive) fully owned.

Regulators: BACEN + CVM.

Technical integration

Caixa mobile app (iOS + Android; ~145M+ Brazilian customers) + caixa.gov.br online + Caixa Econômica Federal branch network across Brazil (largest Brazilian retail banking branch network) + Caixa Visa + Mastercard + Elo cards; Pix + Pix QR + TED + Boleto Bancário.

Implementations & partners

Major Brazilian + Latin American banking + payments competitors: [[banco-itau]] (Itaú Unibanco; B3: ITUB4 + NYSE: ITUB; Brazil's largest commercial bank by assets + market capitalization; Latin America's largest commercial bank by market capitalization; ~70M+ Latin American customers + global operations 20+ countries) + [[banco-do-brasil]] (Banco do Brasil; B3: BBAS3; Brazilian state-owned commercial bank; Brazil's #1 commercial bank by branches) + [[bradesco]] (Banco Bradesco; B3: BBDC4 + NYSE: BBD; Brazilian commercial bank; Brazil's largest private commercial bank by branches + retail customers) + [[santander-brasil]] (Santander Brasil; B3: SANB11 + NYSE: BSBR; Banco Santander Spain Brazilian subsidiary) + [[banco-inter]] (Banco Inter; B3: BIDI11; Brazilian digital bank) + [[nubank]] (Nubank Brasil; NYSE: NU; Brazil's largest digital bank by customers ~110M+ across Brazil + Mexico + Colombia) + [[c6-bank]] (C6 Bank; Brazilian digital bank; JPMorgan Chase US strategic investor) + [[picpay-app]] (PicPay; Brazilian super-app wallet) + [[mercado-pago]] (Mercado Pago; MercadoLibre group; Brazilian operations).

Regulators: BACEN + CVM.

Status

Active, Brazilian federal savings bank + Brazilian federal government fully owned + Brazil's largest social lending bank + Bolsa Família + FGTS + Minha Casa Minha Vida government social programs operator + ~145M+ Brazilian customers [1, 2].

Sources

• 1 Caixa — official
• 2 Caixa Econômica Federal — Wikipedia
• br-cro In-corpus: reports/countries/BR-brazil.md

Source

Biography extracted from caixa-economica.md. See matrix.md for standards-support matrix if present.