Tuesday, June 5, 2012

Reuters: US Dollar Report: Brazil banks have adequate capital - central bank

Reuters: US Dollar Report
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Brazil banks have adequate capital - central bank
Jun 5th 2012, 20:27

SAO PAULO, June 5 | Tue Jun 5, 2012 4:27pm EDT

SAO PAULO, June 5 (Reuters) - Brazil's small and mid-sized banks have adequate capital levels, central bank chief Alexandre Tombini said on Tuesday.

Tombini made the statement after the central bank had to seize mid-sized bank Banco Cruzeiro do Sul.

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