Banco do Brasil sees $848 mln boost to Q4 net

SAO PAULO Mon Feb 1, 2010 4:41am EST

SAO PAULO Feb 1 (Reuters) - Banco do Brasil (BBAS3.SA), Latin America's largest bank by assets, said on Monday its fourth-quarter earnings would receive a boost of 1.6 billion reais ($848.8 million) after it recalculated payments to an employment pension plan. ($1=1.885 reais)

(Reporting by Elzio Barreto; Editing by Erica Billingham)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.