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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

51.77BRL
1:38am IST
Change (% chg)

R$ 0.08 (+0.15%)
Prev Close
R$ 51.69
Open
R$ 52.00
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R$ 52.19
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Tue, Jul 9 2019

Banco do Brasil has no plans to raise provisions for Odebrecht losses: bank chief

BRASILIA Banco do Brasil has no plans to raise provisions for expected losses relating to the bankruptcy of conglomerate Odebrecht, the state-controlled bank's president, Rubem Novaes, said on Tuesday.

Banco do Brasil has no plans to raise provisions for Odebrecht losses - bank chief

BRASILIA, July 9 Banco do Brasil has no plans to raise provisions for expected losses relating to the bankruptcy of conglomerate Odebrecht, the state-controlled bank's president, Rubem Novaes, said on Tuesday.

Banco do Brasil's unsecured debt with Odebrecht at $1 billion: CEO

BRASILIA The Chief Executive Officer of state-controlled Banco do Brasil SA, Rubem Novaes, said on Wednesday that the bank has around 4 billion reais ($1.03 billion) in unsecured debt with construction conglomerate Odebrecht SA, which filed for bankruptcy this week.

Banco do Brasil's unsecured debt with Odebrecht at $1 bln -CEO

BRASILIA, June 19 The Chief Executive Officer of state-controlled Banco do Brasil SA, Rubem Novaes, said on Wednesday that the bank has around 4 billion reais ($1.03 billion) in unsecured debt with construction conglomerate Odebrecht SA, which filed for bankruptcy this week.

Banco do Brasil CEO cites "worry" about possible Odebrecht bankruptcy protection

BRASILIA, June 5 The Chief Executive Officer of state-controlled Banco do Brasil SA said on Wednesday there is a "worry" about a potential bankruptcy filing by construction conglomerate Odebrecht SA.

UPDATE 2-Banco do Brasil sees fiercer competition with fintechs

SAO PAULO, May 9 State-controlled lender Banco do Brasil SA sees fiercer competition with financial startups as likely to reduce the country's average credit margins in the coming quarters, CEO Rubem Novaes told journalists on Thursday.

Banco do Brasil's profit climb as provisions go down

SAO PAULO, May 9 State-controlled lender Banco do Brasil SA posted a higher-than-expected first-quarter profit as loan-loss provisions fell sharply and despite a contraction of its loan book growth.

Banco do Brasil expects more infrastructure investment after pension reform approval -CEO

SAO PAULO, April 2 Banco do Brasil SA Chief Executive Officer Rubem Novaes expects infrastructure investors to increase their allocation in Brazil after the approval of pension reform.

Brazil's Neoenergia taps JPMorgan, BofA and Banco do Brasil for IPO: sources

SAO PAULO Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase & Co, Bank of America Corp and Banco do Brasil SA to manage its initial public offering, three people familiar with the matter said on Wednesday.

UPDATE 2-Brazil's Neoenergia taps JPMorgan, BofA and Banco do Brasil for IPO -sources

SAO PAULO, March 20 Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase & Co, Bank of America Corp and Banco do Brasil SA to manage its initial public offering, three people familiar with the matter said on Wednesday.

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