Banco do Brasil SA (BBAS3.SA)
R$ -0.63 (-2.02%)
Thu, Aug 9 2018
SAO PAULO, Aug 9 Banco do Brasil SA shares rose in Thursday morning trading after the state-controlled bank beat analysts' profit estimates and predicted that loans will pick up steam in coming months.
SAO PAULO, Aug 9 State-controlled Banco do Brasil SA on Thursday beat profit expectations helped by lower loan loss provisions.
SAO PAULO, July 3 State-run Banco do Brasil SA has appointed Antonio Mauricio Maurano, current vice-president for wholesale banking, to be the new Chief Executive Officer at insurance unit BB Seguridade Participações SA, it said in a securities filing.
SAO PAULO, June 20 A nationwide protest by truckers in Brazil briefly interrupted corporate lending growth at state-led Banco do Brasil SA, Chief Executive Paulo Caffarelli told journalists on Wednesday.
SAO PAULO, June 15 State-controlled Banco do Brasil SA said on Friday it will pay $202.4 million to increase its stake in Argentina's Banco Patagonia SA after some shareholders exercised their right to sell the shares.
SAO PAULO, June 15 State-controlled Banco do Brasil SA said on Friday it will pay $202.4 million to increase its stake in Argentina's Banco Patagonia SA .
SAO PAULO, May 25 Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais ($709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, two sources with knowledge of the matter told Reuters.
* BANCO DO BRASIL SAYS CHANGES IN PAYOUT RATIO DUE TO OUTLOOK FOR CREDIT GROWTH AND CAPITAL
SAO PAULO, May 10 Shares in Banco do Brasil SA were down 3.3 percent in midday trading Thursday, although the state-controlled bank beat profit estimates and announced a higher payout ratio.
* BANCO DO BRASIL CEO SAYS HE BELIEVES DEFAULT RATIO WILL MAINTAIN DOWNWARD TREND