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Best Local Trade Bank - Brazil

18 June 2009

The one to watch

Winner: Banco Itau/Unibanco Highly commended: Banco do Brasil Brazil is expected to be one of the economies likely to lead the world out of recession. Brazil’s GDP shrank by 1.8% in the first quarter this year compared to the same quarter in 2008, according to figures released by the Brazilian Census Bureau (IBGE) in early June, indicating a very shallow recession. Nevertheless, the country’s trade ministers, and...


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