Brazil banks valuation 3
Brazil bank sector barometer 4
Brazil bank sector data 6
Public and private sectors 7
Asset quality 9
Interest rates and spreads 14
Funding 16
Corporate sector outlook 17
Individual sector outlook 19
Credit concessions 22
Maturity structure 22
Profitability 24
Mid-cap Brazilian banks 25
Major Brazilian banks 27
Macroeconomics and HSBC
estimates 28
Disclosure appendix 30
Disclaimer 32