SAO PAULO Feb 13 Banco do Brasil SA
Chief Executive Officer Aldemir Bendine said on Thursday that
estimates for loan book growth and profitability this year could
be raised from "rather conservative" levels by March.
The state-run lender unveiled its outlook for loan book
expansion between 14 percent and 18 percent this year, down from
a range of 17 percent to 21 percent last year.
"Our estimates for 2014 were made in December, in an
environment of greater pessimism. But the outlook for this year
is now a bit clearer, which could lead us to review our guidance
even during this quarter," Bendine said at an event to discuss
earnings in São Paulo.