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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

54.28BRL
8:26pm IST
Change (% chg)

R$ -0.53 (-0.97%)
Prev Close
R$ 54.81
Open
R$ 54.36
Day's High
R$ 54.78
Day's Low
R$ 54.14
Volume
1,960,500
Avg. Vol
12,553,307
52-wk High
R$ 55.48
52-wk Low
R$ 24.14

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Thu, Feb 14 2019

UPDATE 3-Banco do Brasil to sell off units; full sale would be better-CEO

SAO PAULO, Feb 14 Banco do Brasil SA's chief executive said on Thursday that he plans to sell some of the bank's units, but that he believes a full privatization would be better for the state-controlled lender.

Banco do Brasil considers potential sale of Banco Votorantim, CEO says

SAO PAULO, Feb 14 State-controlled lender Banco do Brasil SA is in talks with its partner, Grupo Votorantim SA, to explore alternatives for Banco Votorantim SA, Chief Executive Officer Rubem Novaes told journalists on Thursday.

Banco do Brasil beats Q4 profit estimates on lower provisions

SAO PAULO, Feb 14 State-controlled lender Banco do Brasil SA beat fourth-quarter profit estimates as loan-loss provisions declined sharply and fee income increased.

Banco do Brasil and Votorantim consider Banco Votorantim IPO -report

SAO PAULO, Feb 13 Brazilian state-owned lender Banco do Brasil SA and industrial group Votorantim SA are considering an initial public offering by Banco Votorantim SA, which the two entities jointly control, newspaper Estado de S. Paulo reported on Wednesday.

Banco do Brasil to sell asset management, investment banking and debt collector units

SAO PAULO, Jan 29 State-controlled lender Banco do Brasil SA will seek the partial sale of its asset management, investment banking and debt collector units, said Chief Financial Officer Carlos Hamilton Vasconcelos Araújo on Tuesday in a conference with investors.

Banco do Brasil CEO Novaes considers divestitures, IPOs

BRASILIA, Jan 7 Rubem Novaes, the new chief executive officer of Banco do Brasil SA, said on Monday the state-controlled bank may divest from assets not closely related to the bank's core activities.

Banco do Brasil's Genso resigns -filing

SAO PAULO, Dec 27 Gueitiro Matsuo Genso, vice president of retail and distribution at state-run bank Banco do Brasil SA, has resigned his post, according to a securities filing on Thursday.

UPDATE 2-Brazil's incoming govt names economist to head Banco do Brasil

BRASILIA, Nov 22 University of Chicago-trained economist Rubem Novaes will be the next head of Brazil's state-owned Banco do Brasil, Brazil's incoming administration announced on Thursday afternoon.

Brazil's incoming govt names new heads of Banco do Brasil, Caixa - source

BRASILIA, Nov 22 Brazilian economist Rubem Novaes will take charge at state-owned Banco do Brasil , while banker Pedro Guimaraes will be the next head of Caixa Economica Federal, a senior source in Brazil's incoming administration said on Thursday. (Reporting by Mateus Maia; Editing by Sandra Maler)

UPDATE 2-Banco do Brasil CEO says bank ready to resume loan growth

SAO PAULO, Nov 8 State-controlled Banco do Brasil SA is likely to see stronger loan book growth, increase fee income above inflation and keep operating expenses in line with inflation in 2018, the bank's executives said on Thursday.

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