Central Banking

Banco de Brasilia fails central bank online test

BRAZIL - Brazilian bank Banco de Brasilia topped the central bank's online consumer complaint ranking in April, knocking financial group Grupo Santander Brasil from first to second place, according to information published on the central bank's site.

The central bank said that consumer complaints against banks and financial groups in Brazil increased 8.53% in April to 2,886, as compared to March.

The central bank launched the online initiative this year in a bid to pressure banks to provide bet