Banco do Brasil SA (BBAS3.SA)
29 May 2017
|Market Cap(Mil.):||R$ 82,122.85|
SAO PAULO, May 11 Efforts to tighten credit risk standards for corporate borrowers should help stabilize delinquencies at Banco do Brasil SA, executives said after the state-controlled bank reported a lower-than-expected quarterly profit in the wake of soaring write-offs for bad loans.
SAO PAULO, May 11 Default indicators at state-controlled lender Banco do Brasil SA will fluctuate this quarter in light of loan book quality problems, and start stabilizing in the second half of this year, Chief Executive Officer Paulo Caffarelli said on Thursday.
SAO PAULO, May 11 State-controlled Banco do Brasil SA missed first-quarter profit estimates on Thursday, reflecting soaring bad loan write-offs and a surprising decline in interest and fee income.
BRASILIA, May 5 The Brazilian Treasury has told Banco do Brasil SA subsidiary BB DTVM to redeem shares in the Investment and Stabilization Fund (FFIE), which will require selling the shares over 24 months, the bank said on Friday.
* Banco do Brasil gets $1.35 billion bid for Patagonia unit - Bloomberg, citing sources
SAO PAULO, Feb 17 Banco do Brasil SA will accelerate the rollout of digital banking products for 63 million clients as a way to boost profitability and reduce operational costs, Chief Executive Officer Paulo Rogêrio Caffarelli said on Friday.
SAO PAULO, Feb 16 Brazilian state-controlled Banco do Brasil SA will put profitability above market share to reduce a return-on-equity gap with private-sector peers, Chief Executive Officer Paulo Rogêrio Caffarelli said on Thursday.
SAO PAULO, Feb 16 Profitability will come first over market share position for Banco do Brasil SA, as part of efforts to reduce an existing return-on-equity gap with private-sector peers, Chief Executive Officer Paulo Rogêrio Caffarelli said on Thursday.
SAO PAULO, Feb 16 Banco do Brasil SA, the country's largest bank by assets, missed fourth-quarter profit estimates on Thursday as a bigger-than-expected jump in loan-loss provisions offset resilient interest and fee income.
SAO PAULO, Feb 16 State-controlled Banco do Brasil SA, Brazil's biggest bank by assets, announced on Thursday the following operating estimates for this year: