Itaú Unibanco: Banking the Unbanked in Brazil

 

Itaú Unibanco is the largest private bank in Brazil and one of the largest in Latin America. In 2011, it announced a microfinance operation aimed at micro-entrepreneurs in the metropolitan regions of Sao Paulo, Rio de Janeiro, and Porto Alegre. Its main goal is to address the needs of urban communities that lack access to formal banking with microfinance and microinsurance products.

Read the full BCtA case study (pdf).