SAO PAULO, July 23 Banco Bradesco
expects to post return on equity of around 20 percent in
coming quarters as Brazil's second-largest private sector bank
diversifies its sources of revenue, keeps expenses under control
and puts a lid on loan delinquencies, Chief Executive Officer
Luiz Carlos Trabuco said on Monday.
Return on equity, known as ROE, is a widely used gauge of
profitability in the banking industry.
Early indicators are showing that loan defaults in Brazil
will stabilize and begin declining soon, Trabuco said, without
elaborating on a timetable for that.