Banco Santander Brasil SA (SANB4.SA)
17 Aug 2017
|Market Cap(Mil.):||R$ 102,808.20|
SAO PAULO Banco Santander Brasil will take advantage of declining interest rates and government subsidy-reduction efforts to boost loans to agribusiness, which is enjoying fast growth bolstered by record harvests, Chief Executive Officer Sérgio Rial told the Reuters Latin America Investment Summit.
SAO PAULO, July 31 Banco Santander Brasil SA's strategy of raising fees on banking and financial services has paid off in spite of a severe recession, as Chief Executive Officer Sérgio Rial seeks to build customer loyalty while cutting the profitability gap with larger rivals.
SAO PAULO, July 28 Banco Santander Brasil SA posted record net profit in the second quarter, beating analyst expectations as rising fee and interest income offset an increase in loan-loss provisions, a securities filing showed on Friday.
* Investment bank Itaú BBA will be the lead underwriter of Brazilian retailer Atacadão's initial public offering
SAO PAULO, April 26 Banco Santander Brasil SA's profit will likely rise further in coming quarters as Brazil's No. 4 listed bank sells more financial services, cuts loan-loss provisions, and crowds out rivals in key markets despite a slow economic recovery.
SAO PAULO Dubai Ports World Co and MSC Mediterranean Shipping Co SA are seizing on Brazil's three-year-long recession and rising debt levels among local port operators to bid for marine terminals in one of the world's top commodity exporters. But their plan will not come cheap.
SAO PAULO Saraiva SA Livreiros & Editores has emerged as the likely buyer of Groupe Fnac SA's Brazilian business, the latest consumer electronics retailer to succumb to a three-year recession in Latin America's No. 1 economy, two people with knowledge of the process said on Thursday.
SAO PAULO Qatar Investment Authority's sold about 2.5 percent of Banco Santander Brasil SA for 2.3 billion reais ($737 million) in a restricted offering after banks exercised an option to buy extra units, the bank said on Thursday.
SAO PAULO, April 6 Qatar Investment Authority's sold about 2.5 percent of Banco Santander Brasil SA for 2.3 billion reais ($737 million) in a restricted offering after banks exercised an option to buy extra units, the bank said on Thursday.
SAO PAULO, April 5 Qatar Investment Authority's planned sale of a 2.25 percent stake in Banco Santander Brasil SA on Wednesday priced below initial estimates, two people with knowledge of the deal said, reflecting the view that shares of Brazil's No. 4 listed lender remained expensive.