Caixa Econômica Federal
, colloquially known as Caixa or CEF, is a Brazilian bank based in the country's capital, Brasília. With 6️⃣ its status as the largest 100% government-owned financial institution in Latin America, Caixa plays a pivotal role in the nation's 6️⃣ financial landscape.
Caixa's history spans over two centuries, with its roots tracing back to 1814 when the imperial treasury of Brazil 6️⃣ established the first savings bank in Rio de Janeiro. This pioneering institution aimed to foster a culture of saving and 6️⃣ investing among the populace:
"Desde 1814, o Tesouro Imperial brasileiro estabeleceu o primeiro banco de poupança no Rio de Janeiro. Durante 6️⃣ todo o século XIX, o objetivo era incentivar a poupança e a resiliência financeira das famílias brasileiras."
In the present day, 6️⃣ Caixa Econômica Federal has grown to encompass a diverse range of products and services. Operating as both a development bank 6️⃣ and a commercial bank, it continues to maintain its historical focus on enhancing financial inclusion while propelling the country's socioeconomic 6️⃣ growth:
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