Dossier
global Pentecostal church
Coverage of global Pentecostal church in the Nexus archive.
- Church-Owned Bank Digimais Is the Next Test of Brazil’s Master Crisis
Ratings agency Fitch downgraded Brazil’s Digimais, warning of a real possibility of failure. The mid-sized lender is controlled by billionaire Edir Macedo, founder of a global Pentecostal church. Its troubles worsened after the collapse of Banco Master, Brazil’s largest bank.