Caixa Econômica Federal

financial institution

Caixa Econômica Federal is a prominent Brazilian government-owned financial institution, acting as a major player in the banking sector. It provides a wide range of financial services, including savings accounts, loans, and lotteries, and is particularly known for its role in managing social programs and housing finance in Brazil. Recently, it was in the news due to a temporary suspension of its lottery operations as part of a regulatory compliance issue concerning operating licenses for online betting.