April 4, 2018 / 5:02 PM / 6 months ago

Bradesco sees Brazil recovery still fragile, expects better 2019

SAO PAULO (Reuters) - Brazil’s Banco Bradesco, the country’s second largest private bank, sees economic recovery still fragile in Brazil and expects a better financial environment in 2019, chief executive Octavio de Lazari Junior said on Wednesday.

Lazari said the bank expects a growth in loans volume to compensate for smaller returns amid falling interest rates in the country.

Reporting by Carolina Mandl

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