Banco Bradesco SA (BBDO.N)
17 Apr 2014
|Market Cap (Mil.):||R$ 143,208.41|
|Shares Outstanding (Mil.):||4,207.27|
Banco do Brasil SA, Banco Bradesco SA, two of Brazil's largest commercial lenders, and card payment processor Cielo SA agreed to create a new payment settlement system for e-commerce transactions, according to a securities filing on Wednesday.
SAO PAULO/MADRID - Banco Santander Brasil SA agreed to acquire Brazil card payment processor GetNet Tecnologia SA for about 1.1 billion reais ($493 million) in a step aimed at gaining market share.
SAO PAULO, April 7 - Borrowing costs in Brazil, as measured by lending spreads, are unlikely to decline until the central bank lowers its benchmark interest rate, Banco Bradesco SA Chief Executive Officer Luiz Carlos Trabuco said on Monday, adding that the bank's loan book growth is rising more than expected.
SAO PAULO, April 7 - The Brazilian government and lenders are still deciding the terms of a potential loan to electricity industry clearinghouse CCEE, a senior executive at Banco Bradesco SA said on Monday.
SAO PAULO - A group of 14 banks led by Grupo BTG Pactual SA on Thursday removed a firm commitment to subscribe to part of a 24.22 billion reais ($10.6 billion) share offering by Brazilian phone carrier Grupo Oi SA if investor demand falls short.
NEW YORK/SAO PAULO - Brazil's securities industry watchdog CVM on Tuesday lifted a suspension on Grupo Oi SA's 6 billion real ($2.7 billion) share offering, paving the way for the Brazilian telecommunications company's merger with Portugal Telecom SGPS SA.
(New throughout, updates with CVM decision, adds implications, background)
SAO PAULO, April 1 - Banco Bradesco SA and Itaú Unibanco Holding SA are considering pulling out of a 6 billion real ($2.7 billion) share offering by Brazil's Grupo Oi SA, two sources with direct knowledge of the situation told Reuters on Tuesday.
SAO PAULO, Jan 30 - Loan defaults at Banco Bradesco SA , Brazil's No. 2 private-sector lender, should remain stable or fall slightly this year, Chief Financial Officer Luiz Carlos Angelotti said on Thursday.
SAO PAULO, Jan 30 - Banco Bradesco SA , Brazil's No. 2 private-sector lender, is expecting year-ahead lending growth in a lower range compared with its outlook this time a year ago, noting economic challenges facing Brazil in the short term.