Banco Central do Brasil: Financial Citizenship Report
Brazil is very enthusiastic about the theme financial inclusion, which helps reduce poverty, foster local economies, and create a more efficient financial system. In fact, the number of Brazilians in the banking system has doubled in the last decade. Boosted by a solid regulation in the national financial system, the maturing of the formal labor market, the credit expansion, and the strengthening of social programs have all contributed to this achievement.
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