RIO DE JANEIRO, BRAZIL – Nubank tops the Forbes list of Brazil’s best banks for the 4th year in a row. The ranking, compiled by Forbes USA, evaluates issues such as customer satisfaction, reliability, digitalization, customer service, and financial advice.
Since the last edition of the list, published in April 2021, the country’s economic scenario has changed drastically. Inflation was 6.76%, while today it is over 11% cumulatively over 12 months. The Selic, the prime rate, which reached 2.75% this month, is 11.25% today.
The increase in interest rates is usually positive for banks, as it . . .