Banco Bradesco SA (BBDC3.SA)
24 Mar 2017
R$ 0.50 (+1.59%)
|Market Cap(Mil.):||R$ 176,604.50|
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.
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.
SAO PAULO Brazilian healthcare services provider NotreDame Intermédica Sistema de Saude SA has hired banks to manage its initial public offering, which could be launched with a series of investor meetings as early as this week, two people with direct knowledge of the plans said on Monday.
* Recurring profit of 4.4 bln reais misses estimates (Adds comments, updates share performance)
* Banco Bradesco SA , Brazil's No. 2 private-sector bank by assets, announced on Thursday the following operating estimates for this year:
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.
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.
SAO PAULO Shares in Brazil appliance retailer Via Varejo SA soared on Thursday by the most since March on reports that three suitors have expressed interest in a controlling stake in the company.
SAO PAULO Brazil's Petroleo Brasileiro SA has approved the sale of its liquefied petroleum gas unit to Ultrapar Participações SA , as Brazil's state-controlled firm disposes of assets to reduce the largest debt burden among global oil producers.
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.