Igor Cornelsen, a well known businessman from Brazil, has recently revealed some amazing tips about the basics of Brazilian banking. The thing that left the entire Brazilian business world in wonderment is how the two top banks in Brazil had their shares rise while the rest of the country was in a financial crisis during 2014 and 2015. Igor Cornelsen explained that there are two secrets that made these two banks successful, and these two secrets are the key to understanding and succeeding in the industry.
The first secret is being able to understand the market. The second secret is already having experience during tough financial times. He says that banks in the private sector are only lending money to people who are financially stable and who they are sure will be able to pay back. This means that the banks have lower costs and are secure financially as well. On the other hand, all the other people are lending from the public banks. These other people don’t have the best credit. In the long term, this is not beneficial for the economy.
Igor Cornelsen goes on to explain that the way to fix this is to have the government install certain measures that will go a long way to make investors feel secure. Many people would want to invest in the Brazilian economy. After all, they are one of the top producers of food. They have a lot of natural resources and they need to spend a lot on infrastructure. They are the largest country in South America and the most attractive economy in South America for investors. He also makes an interesting point, which is that since China is Brazil’s largest trading partners, a stronger economy in China will benefit Brazil.
Igor himself has outstanding experience in investing. If there is anything you need to know about investing in any company, you can ask him. His experience is vast enough that he will undoubtedly know the answer to the question. He has seen tremendous success over his many years in the financial and investment industry and many people rely on his expert advice. http://www.lulu.com/spotlight/igorcornelsen