Banco do Brasil SA (BBAS3.SA)
22 Sep 2017
R$ -0.22 (-0.62%)
Fri, Sep 1 2017
SAO PAULO, Sept 1 State-controlled Banco do Brasil SA plans to fully sell a 9 percent stake in Neoenergia SA, the Brazilian power utility that is working on an initial public offering in coming months.
SAO PAULO State-controlled Banco do Brasil SA plans to book a 205 million-real ($65 million) non-recurring gain this quarter after an increase in the value of an investment.
SAO PAULO, Aug 24 State-controlled Banco do Brasil SA plans to book a 205 million-real ($65 million) non-recurring gain this quarter after an increase in the value of an investment.
SAO PAULO, Aug 11 Banco do Brasil SA expects to meet the mid-point of a target for recurring net income this year, as cost and expense control might help the state-controlled lender to offset declining interest income and shrinking loan book disbursements, executives said on Friday.
SAO PAULO, Aug 10 Banco do Brasil SA's loan book and interest income should shrink this year, executives said on Thursday, as a spike in second-quarter corporate defaults slowed the recovery of the nation's No. 1 state-controlled lender.
SAO PAULO, Aug 10 Banco do Brasil SA's operations could soon be profitable again in the coming quarters, executives said on Thursday, underscoring efforts to cut costs and boost efficiency as interest rates decline.
SAO PAULO, Aug 10 Banco do Brasil SA, the country's largest state-controlled bank by assets, announced on Thursday the following operating estimates for this year:
SAO PAULO, Aug 10 Banco do Brasil SA missed second-quarter profit estimates on Thursday, as a jump in defaults forced the country's largest state-controlled bank to keep loan-loss provisions at high levels.
(The following statement was released by the rating agency) RIO DE JANEIRO/SAO PAULO, June 26 (Fitch) Fitch Ratings has affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of Banco do Brasil S.A. (BdB) at 'BB' and its long-term National rating at 'AA+(bra)'. Rating Outlooks on the Long-Term IDRs and National rating remain Negative. Fitch also affirmed BdB's Viability Rating (VR) at 'bb-', Support Rating (SR) at '3', Support Rating Floor at 'BB'. A full list of rating
* SHAREHOLDERS OF NEOENERGIA , I.E., BB BANCO DE INVESTIMENTO, CAIXA DE PREVIDENCIA DOS FUNCIONARIOS DO BANCO DO BRASIL AND IBERDROLA ENERGIA REACH DEAL SO THAT NEOENERGIA INCORPORATES BUSINESSES OF ELEKTRO