There are many banks that are doing well financially in Brazil. Bradesco is finally starting to improve financially. At one time, it looked like Bradesco was going to go bankrupt. Not only was the company struggling financially, but most of the customers had already started using other banks in the area. Many years ago, Luiz Carlos Trabuco took over as CEO of the company. He quickly started improving the company in a variety of ways.
After years of hard work, Luiz Carlos Trabuco was able to improve Bradesco into what it is today. One of the best things that Luiz Carlos Trabuco did was to start numerous lending programs for people who do not have a high income. In Brazil, it is difficult for the average person to borrow money for various things. Whether it is starting a company or buying a new home, the vast majority of people do not have access to capital that people really need.
Luiz Carlos Trabuco recently announced that he was going to resign as CEO according to folha.uol.com.br. Although he has had a great time with the company, he believes that now is the time to focus on other areas of his life.
New Lending Programs
Online lending is a major trend in the industry today on valor.com.br. The vast majority of banking customers are comfortable applying for a loan online. In Brazil, many people who own farms want to use the capital to invest in new equipment and land. These funds will be used to improve the overall profitability of their farm.
For many years, these farmers could not get approved for loans. This is why so many of them struggled with poverty for decades. Luiz Carlos Trabuco came from a poor family of farmers. This is one of the biggest reasons why he has always wanted to help people in this industry. He strongly believes that farmers can help to improve the overall economy if the industry is doing well.
Another major change that Luiz Carlos Trabuco made at Bradesco was investing in the local community. The previous leadership at the company did not spend any time or money helping others. Luiz Carlos Trabuco is passionate about providing educational opportunities for children. This is especially true for children who grew up in poor families. Luiz Carlos Trabuco knows just how difficult it is to get a quality education if you grow up poor.
Although Luiz Carlos Trabuco was able to attend college in University of Sao Paolo, he had to work multiple jobs in order to do so. During this time, he started working at a bank in Marilia. He was able to learn a variety of different aspects of the banking industry. This was a great experience that helped him accelerate his career.
Next Steps for Luiz Carlos Trabuco
Although Luiz Carlos Trabuco is no longer going to be CEO of Bradesco, he still has many big plans for his life. He is now using his time and money to help improve his local community. He is actually building a new school in the town where he grew up. He wants people to have access to education no matter where they live. He is also passionate about helping the overall economy in Brazil.
Learn more about Luiz Carlos Trabuco: http://www.istoedinheiro.com.br/noticias/negocios/20151218/luiz-carlos-trabuco-cappi-empreendedor-ano-nas-financas-2015/327856