SAO PAULO Jan 28 Banco Bradesco SA
, Brazil's second-biggest private sector bank,
sees its loan book to expand this year at a slightly slower pace
than in 2012, reflecting an economic recovery that has so far
turned out to be weaker than previously expected.
Bradesco is forecasting credit growth between 13 percent and
17 percent for this year, compared with a revised range of 14
percent to 18 percent in 2012, according to a statement on
Interest income is seen expanding between 7 percent and 11
percent, while growth in fee income is targeted at between 9
percent and 13 percent. Bradesco expects operational expenses to
rise between 4 percent and 8 percent this year.