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Banco Bradesco SA (BBDO.N)

BBDO.N on New York Stock Exchange

10.14USD
24 Apr 2017
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Thu, Mar 9 2017

Brazil's Bradesco cuts rollover card rates to comply with new rules

SAO PAULO, March 9 Brazil's Banco Bradesco SA is cutting rates charged on rollover credit card loans by more than a third to comply with new rules to reduce the cost of borrowing for cash-strapped consumers and companies in Latin America's largest economy.

Brazil's Bradesco says board proposes $2.6 bln capital increase

SAO PAULO, Feb 6 The board of Banco Bradesco SA , Brazil's third-largest listed bank, will propose to shareholders a capital increase of 8 billion reais ($2.6 billion), granting new shares to current shareholders, the company said on Monday.

UPDATE 4-Bradesco sets cautious goals as profit miss highlights Brazil risks

* Recurring profit of 4.4 bln reais misses estimates (Adds comments, updates share performance)

Brazil's Bradesco sees loan book growth, lower provisions this year

* Banco Bradesco SA , Brazil's No. 2 private-sector bank by assets, announced on Thursday the following operating estimates for this year:

UPDATE 2-Brazil's Bradesco to focus on mobility as fintech appeal grows

SAO PAULO, Nov 24 Banco Bradesco SA will spend three years enhancing existing banking technology platforms to lure younger clients and stem potential competition from financial technology startups that are becoming more appealing, Chief Executive Officer Luiz Carlos Trabuco said on Thursday.

Brazil's Bradesco to boost mobile platform as fintech tools thrive

SAO PAULO, Nov 24 Banco Bradesco SA plans to enhance existing mobile phone banking platforms to lure younger clients and stem potential competition from financial technology start-ups that are turning more appealing to customers, a senior executive said on Thursday.

UPDATE 2-Bradesco sees Brazil recovery round the corner

SAO PAULO, Nov 10 Early indicators are pointing to a recovery in Brazil's economic activity, which could help feed into demand for credit or prevent loan defaults from hitting records in coming months, executives at Banco Bradesco SA said on Thursday.

Brazil's Bradesco beats profit estimates, adjusts annual targets

SAO PAULO, Nov 10 Banco Bradesco SA beat third-quarter profit estimates on Thursday as the integration of HSBC Holdings Plc's local unit helped Brazil's No. 3 listed bank grow revenue faster than loan-loss provisions and other expenses.

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