Listen: Brazil, America And Latin America discussed on MAD MONEY W/ JIM CRAMER
"Offer a lot better returns than people realize letting America has a huge unbagged population. But very importantly for a Bank the middle class has grown a lot over the last few years. I always say the lows are always higher, and so you see stronger institutions in many countries like Brazil, for instance, and you're getting good good growth. Very importantly, there's many businesses in payments, for example. So we make fifty percent of all prophets in Latin America fifty percent, but it's only twenty eight percent of about an sheet. So there's a huge opportunity for growth for what I'm veg abrupt, the balance sheet you had both this shareholder meeting, then you had huge fabulous sandwich day because you're very transparent, and what I saw is that there are people who are worried about your balance sheet, but you've raised a huge amount of cash to me, it seems like a false worry. So we we had a three year plan, which we finished in twenty eighteen we delivered on everything we said we would do for years ago. Even though Brazil had nine percent drop into Argentina had problems negative rates in Europe. And we went from eight twenty seven eleven thirteen c two one profitability went from ten percent. Eleven point seven return on equity, and we grew in the right way. This is super important. We grew in the number of customers, we doubled digital customers to thirty two million. So we really did everything he said, we would be our"