October 30, 2018 / 2:18 PM / 18 days ago

Brazil's Itaú Unibanco may pursue riskier loans - CEO

SAO PAULO, Oct 30 (Reuters) - Brazilian largest private lender Itaú Unibanco Holding SA may pursue loans with a higher risk of defaults in the near future as a way to boost the bank’s loan book, Chief Executive Candido Bracher said on Tuesday in a conference call.

Bracher told analysts that a proposal to increase loan risk appetite will be submitted to the bank’s board, without specifying when it could be implemented. (Reporting by Carolina Mandl Editing by Chizu Nomiyama)

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