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