Banco do Brasil SA (BBAS3.SA)
12 Sep 2014
R$ -0.82 (-2.58%)
|Market Cap (Mil.):||R$ 88,713.31|
|Shares Outstanding (Mil.):||2,865.42|
SAO PAULO, Aug 18 - Banco do Brasil SA, long a powerhouse in lending and insurance in Latin America's largest economy, is betting big on a segment that has traditionally been dominated by global rivals to bolster its profit outlook.
(Recasts to add forecast on spreads, loan book trends, comments)
Aug 13 - Banco do Brasil's board of directors on Wednesday approved the upgrade of its American depositary receipts to Level II, which requires Brazil's largest lender to provide more corporate information to U.S. regulators.
SAO PAULO, Aug 12 - Brazil's biggest lender Banco do Brasil approved on Tuesday a partnership with Votorantim Financas to expand its businesses with focus on payroll deductible loans.
- A unit of Brazilian state-run lender Banco do Brasil SA plans to launch its first Islamic fund to help raise the profile of its Singapore unit, joining a growing list of asset managers returning to the sharia-compliant sector.
July 17 - A unit of Brazilian state-run lender Banco do Brasil SA plans to launch its first Islamic fund to help raise the profile of its Singapore unit, joining a growing list of asset managers returning to the sharia-compliant sector.
Brazilian state-run lender Banco do Brasil SA said on Monday that $2.45 billion raised from the sale of dollar-denominated, perpetual subordinated bonds were considered eligible to satisfy the bank's Tier 1 capital requirements under the central bank's guidelines to meet Basel III regulations.
(The following statement was released by the rating agency) SAO PAULO, July 03 (Fitch) Fitch Ratings has affirmed the long-term foreign and local currency Issuer Defaults Ratings (IDRs), Support Ratings and National Ratings of Banco do Brasil S.A. (BdB), Banco Votorantim S.A. (BV) and Caixa Economica Federal (Caixa), and the National Ratings of BV Leasing Arrendamento Mercantil S.A's (BV Leasing) debentures. Fitch also affirmed BdB's and BV's Viability Ratings (VR) at 'bb+' and at 'bb-', re
The board of directors of Hypermarcas SA, the largest Brazilian maker of generic drugs and personal care products, approved a credit line of up to 620 million reais ($281.8 million) with state-run Banco do Brasil SA, according to a filing on Monday.
SAO PAULO, May 8 - State-run lender Banco do Brasil SA is considering altering its dividend policy next year, Chief Financial Officer Ivan Monteiro said on Thursday.
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Analyst Research Reports
Banco do Brasil SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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