Caixa

Imperial Decree 2723 signed by Emperor Dom Pedro II established Caixa Econômica Federal on January 12, 1861. The institution began with a specific mission to offer savings and credit options for the working class in Brazil. Over nearly two centuries, it has grown into the fourth-largest banking entity in the country and remains the largest fully government-controlled financial organization in Latin America.

The bank operates from its headquarters in Brasília and maintains a global footprint that places it as the 83rd largest bank worldwide. Its leadership structure relies on presidential appointments rather than shareholder elections. Daniella Marques served as president until mid-2026 before transitioning to an advisory role for former Economy Minister Paulo Guedes.

Caixa manages a vast portfolio of services including retail banking, payroll loans, and mortgage financing where it acts as the primary home financing agent. The institution also runs the Brazilian federal lottery and offers insurance products through its subsidiary, Caixa Seguridade. Recent shifts in August 2026 moved lottery draw schedules to Sundays following regulatory updates. [edit]