Caixa headquarters in Brasilia  

Caixa Economica Federal

Caixa Econômica Federal (CEF or CAIXA) is a state-owned Brazilian bank. It was established on January 12, 1861 by Emperor Dom Pedro II, nicknamed "the Magnanimous". The Bank integrates the National Financial System and assists on the execution of the federal government´s credit policy. 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 insurance, home insurance, auto insurance, online and phone banking and other services. With about 99,000 employees, CAIXA serves more than 73 million customers through 3,700 branches and service points, 33,500 CAIXA AQUI correspondents and lottery outlets, and 25,600 ATM machines (for example, Bank of America has the largest number of ATMs in the US - about 18,500). There are 26.2 million current accounts and more than 47 million savers, which corresponds to 34% of all the national savings market. The number of debit cards exceeded a base of 75.0 million cards as of January 2014. 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. The Bank is also the main fiscal agent for the government. As of March 31, 2014, Caixa Econômica Federal had total assets of R$910.1 billion, loans of R$519.8 billion, savings deposits of R$214.6 billion and total AUM of R$1,583 billion. 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)

  12/2013 12/2012 12/2011 12/2010 12/2009
Total Assets 858.3 703.2 510.2 400.6 341.3
Net Profit 6.7 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
Phone number: +55-71-3206-9000