Caixa headquarters in Brasilia  

Caixa Economica Federal

Caixa Econômica Federal (CEF or CAIXA) is a state-owned Brazilian bank established on January 12, 1861 by Emperor Dom Pedro II, nicknamed "the Magnanimous". CAIXA is the third largest bank in Brazil by assets and one of the largest banks in Latin America. The Bank integrates the National Financial System and assists on the execution of the federal government´s credit policy. It is the main operating agent of the Federal Government social programs. CAIXA provides a wide range of financial products and services including current and savings accounts, salary accounts, car and personal loans, home loans, lines of credit, debit and credit cards, investments, life and home insurance, auto insurance, asset management, online and phone banking and other services. With about 101,500 employees, CAIXA serves more than 78.3 million customers (March 2015) through 4,205 branches and service points, 31,500 correspondent and lottery outlets, and 32,000 ATM machines (for example, Bank of America has about 16,300 ATMs). CAIXA also offers 16,200 Banco24Horas terminals. The number of CAIXA’s debit cards exceeded a base of 86.6 million as of January 2015. The Bank operates 24.5 million individual current accounts, 58.3 million saving accounts and 2.2 million corporate current accounts. Caixa Econômica Federal serves not only its clients, but the whole Brazilian population through lotteries, urban infrastructure investments, and social programs payments. It is the manager of most Brazilian lotteries, especially the most popular ones, such as Mega-Sena, Quina and Loteca. It is also the main fiscal agent for the government. As of December 31, 2014, Caixa Econômica Federal had total assets of R$1.065 trillion, loans of R$605.0 billion, savings deposits of R$236.836 billion and total AUM of R$1.8 trillion. CAIXA has twelve directors, appointed by the Administration Counsel. Jorge Fontes Hereda is the President of the Bank. The Company has representative offices in Caracas (Venezuela), Tokyo (Japan) and New Jersey State (United States).

 Financials (BRL billion)

  12/2014 12/2013 12/2012 12/2011 12/2010 12/2009
Total Assets 1,064.7 858.3 703.2 510.2 400.6 341.3
Net Profit 7.092 6.723 6.1 5.2 3.8 3.0
Cost / Income Ratio (%)   66.5 67.0 64.8 73.4 72.8

Head office address:
SBS Quadra 4, lotes 3/4
Ed. Sede CAIXA
Brasília, 70092-900