Brazil's Bradesco sees defaults down to 4 pct

SAO PAULO, Nov 4 (Reuters) - Bradesco (BBDC4.SA: Quote, Profile, Research)(BBD.N: Quote, Profile, Research), Brazil's second-largest private-sector bank, sees default rates falling to below 4 percent of its total credit portfolio in 2010 because of a rebound in the country's economy, Chief Executive Luiz Carlos Trabuco Cappi said on Wednesday.

Defaults reached 5 percent of total loans in the third quarter of this year. (Reporting by Elzio Barreto, editing by Gerald E. McCormick)