Dekasseguis Send More than US$ 1 Billion a Year to Brazil

The 280 thousand Brazilians currently living in Japan – almost all Japanese descents, called dekasseguis – are an important source of foreign exchange credits for Brazil.

So, Brazil is determined to maintain a stronger and constant presence of Banco do Brasil (Bank of Brazil, BB) in that country, as affirmed its International Director, Augusto Braúna Pinheiro.


During a meeting with Japanese entrepreneurs, he informed that BB has been operating in Japan for 33 years, and in the last 15 years it has focused on the Brazilian community working there.


Last year, over 60% of all money transfers from the dekasseguis to their families in Brazil were made through BB, totaling US$ 900 million, added Pinheiro.


In addition to services in the main cities of Japan, Pinheiro also said that BB offers assistance to Japanese people arriving in Brazil, as well as business orientation to dekasseguis coming back to Brazil.


According to Pinheiro, BB is always involved, in some way, in social support measures for Brazilians residing in Japan. The Bank’s presence will soon be expanded to Seoul, South Korea.


ABr

Tags:

You May Also Like

Brazil’s Biofactory to Produce Close to 1 Billion Sterile Flies a Month

Fruit farmers of Brazil and of the world have been granted assistance in fighting ...

Chile Gets 12 Brazilian Super Tucanos for Training Its Air Force

The Brazilian aircraft manufacturer Embraer signed a contract to provide the Chilean Air Force ...

Led by Industry Brazil’s GDP Grows 5.3% This Year

Brazil's Gross Domestic Product (GDP), i.e. the sum of all goods and services produced ...

For This Brazilian Harvard Law Professor Rule of Law is Fraud

An academic who occupies a prominent place in Brazil’s politics is Roberto Mangabeira Unger, ...

Brazil Industry Complains: ‘We Can’t Compete with the Chinese’

In conversations with Brazil’s Minister of Development, Luiz Fernando Furlan, the president of the ...

Brazil Wants Its Biodiesel Program to Be One of Social Inclusion

Contracts between Brazilian state-owned oil company Petrobras and four biodiesel refineries are expected to ...

Bush: Guilty Number One in WTO Talks Collapse. Brazil Commended.

As Director General of the World Trade Organization (WTO) Pascal Lamy failed to break ...

Opposition Losing at Brazil’s Workers Party Election

A second bulletin released by the PT Election Commission on its internal election which ...

Petrobras Vows OIl Self Sufficiency for Brazil and First Surplus Ever in 2006

Brazilian state-owned oil company Petrobras’s director of Supply and Refining, Paulo Roberto Costa, had ...

More Jobs and Better Wages in Brazil 2004

Brazil’s industrial employment registered stabiliy in November, 2004, compared with October. This finding of ...