There are numerous people who want to invest in the future of Brazil. At one time, the nation of Brazil was struggling financially. This is no longer the case for a variety of reasons. Not only is economic growth increasing, but many people are moving to the country in search of jobs.
In addition, many foreign investors are investing a lot of capital into various industries within Brazil. Now is a great time to invest in the future of the country to make money. Due to all of the investment growth, many banks in Brazil are making record profits.
Bradesco is a major bank in Brazil. Just a few years ago, the company was struggling to remain open. After Luiz Carlos Trabuco Cappi took over, the business quickly turned around and now the company is in a great position for the future.
One of the primary reasons for the success of the banking industry in Brazil is the rapid economic growth. There are many people who are moving to Brazil from all over South America. Many countries in South America simply do not have a developed economy.
As a result, the most educated workers are moving to Brazil in search of quality jobs. It is vital for people to find work that uses their education. As CEO, Luiz Carlos Trabuco Cappi saw this trend coming several years ago. In preparation, he decided to start offering loan programs for foreign students moving to Brazil. At the time, these loan programs were not offered by any of the other major banks.
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Small Business Lending
Another lending program that Luiz Carlos Trabuco Cappi developed at Bradesco was focused on small business owners. There are thousands of people in Brazil who have the desire to start their own business. However, starting a business is not easy for a variety of reasons. Not only do you need capital, but it also helps to have experience running a company. The vast majority of people in Brazil only have a background in farming. As a result, few people ever took a chance to start a business.
Luiz Carlos Trabuco Cappi decided to start offering lending programs specifically for small business owners. Most of the loans were small and had maturity dates within one year. This kept the overall financial risk for Bradesco extremely low. However, these loans made a huge difference in the success of small business owners throughout the country.
Career Change for Luiz Carlos Trabuco Cappi
Luiz Carlos Trabuco Cappi has had a dynamic career in the banking industry for more than 48 years. He has made a positive impact in the lives of thousands of people during his career. However, he wants to spend more time with his friends and family. He announced that he was resigning several months ago. Since that time, he has started to work with various charities across the country. He still follows economic trends in the banking industry. Although he is no longer working at Bradesco, he made an impact at the company that will last for many years.