The branches of Banco do Brasil and Caixa Econômica Federal collapsed and made way for another important service for Brazilians.
An interesting piece of information has just been revealed about the decrease in the number of bank branches in Brazil. Nope Bank of Brazil As for Caixa Economica Federalwhich are some of the main institutions, left behind the “beloved” of Brazilians.
According to data from Piauí magazine, the number of agencies across the country is no greater than any other institution that makes payments and even withdrawals.
The publication reveals that the number of lottery outlets in Brazil is almost twice the number of public bank branches. The data goes back to 2022, and shows that Brazil has 13.4 thousand lottery agencies.
Meanwhile, Banco do Brasil and Caixa together had 7,400 physical branches, nearly half the number of lottery outlets.
It is worth noting that Banco do Brasil and Caixa are among the five largest banks in Brazil in 2023. The two institutions are responsible for paying social benefits, including INSS (National Institute of Social Security) services, in the case of Caixa. BB, in turn, pays Pasep for public servants.
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How to get the lottery
To obtain a lottery franchise, it is necessary to obtain a franchise with the permission of Caixa through a bidding process. The owner now has the right to sell all types of lotteries and related services. The criteria for this permission are set out in the notice and regulated by the permissions system.
What are the largest banks in Brazil in 2023?
According to Central Bank data, the largest banks in the country in terms of number of customers are: Caixa (150.4 million), Bradesco (104.5 million), Itao (99.9 million), Nubank (77.7 million), Banco do Brasil (74.6 million), Santander (64.4 million).
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