Banco do Brasil SA (BBAS3.SA)
28 Aug 2015
R$ -0.45 (-2.34%)
|Market Cap(Mil.):||R$ 53,812.53|
SAO PAULO, Aug 27 - Brazilian state-controlled lender Caixa Econômica Federal is inclined to offer fewer shares of its insurance unit in an initial public offering this year should the partnership that helped create the subsidiary be renewed ahead of the deal, two sources with knowledge of the plans said on Thursday.
SAO PAULO, Aug 19 - Banco do Brasil SA on Wednesday raised its limits on loan exposure to the nation's largest firms, a sign that President Dilma Rousseff is again using state-controlled lenders to help stem the fallout from a deep recession.
SAO PAULO, Aug 19 - State-controlled Banco do Brasil SA, the nation's largest bank by assets, pledged on Wednesday to extend 9 billion reais in credit to a "wide array of productive sectors" affected by the steepest economic downturn in a quarter century.
SAO PAULO, Aug 13 - Shares of Banco do Brasil SA sank on Thursday as the nation's largest lender raised estimates for loan-loss provisions this year and an unexpected jump in loan renegotiations in the second quarter fanned concerns that defaults may rise amid an economic slump.
SAO PAULO, Aug 13 - State-controlled Banco do Brasil SA, the nation's largest lender by assets, sees signs that loan disbursements will gain steam in the second half of the year even as the outlook for Latin America's largest economy remains grim.
SAO PAULO, Aug 13 - State-controlled Banco do Brasil SA, Brazil's largest bank by assets, announced on Thursday the following operating performance forecasts for this year:
SAO PAULO, Aug 13 - State-controlled Banco do Brasil SA beat second-quarter profit estimates on Thursday after management cut loan-loss provisions in the face of a decline in interest income and higher taxes.
NEW YORK, Aug 12 (IFR) - LatAm credit markets suffered another volatile day on Wednesday as investor sentiment swung from relief over Moody's stable outlook for Brazil to ongoing worries about Chinese growth.
NEW YORK, Aug 10 (IFR) - A handful of bottom fishers were scouring for cheap Brazilian assets on Monday following last week's selloff, with some assuming that the market has already priced in a sovereign rating demotion to junk.
NEW YORK, July 29 (IFR) - A peso bond from Mexico's Telesites had the market's full attention on Wednesday, injecting some life into the region's moribund primary markets.
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Banco do Brasil SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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