Company Profile For Banco do Brasil S.A.

Banco do Brasil S.A. (BBAS3.SA) (Sao Paolo Stock Exchange)
sector: Financials · industry: Banks ·
As of  5:15pm GMT
30.13BRL
Price Change
-0.06
Percent Change
-0.20%
 
 
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Overview

Banco do Brasil SA (the Bank) is a bank based in Brazil. The Bank has both individual and corporate customers. It provides a range of financial products and services, such as deposits, saving accounts, credit cards, asset management, loans and foreign exchange, as well as health, life and property insurance. Banco do Brasil SA operates in the domestic and international markets. The Bank’s subsidiaries include BB Administradora de Cartoes de Credito SA, BB Administradora de Consorcios SA, BB Corretora de Seguros e Administradora de Bens SA, Brasilian American Merchant Bank-BAMB, Banco do Brasil AG Viena and BB Leasing Company Ltd, among others. In 2008, the Bank acquired Besc SA and Besc SA Credito Imobiliario-Bescri.

Quick Financial Synopsis

BRIEF: For the nine months ended 31 September 2009, Banco do Brasil SA's interest income increased 25% to R$47.19B. Net interest income after loan loss provision increased 8% to R$12.1B. Net income increased 2% to R$5.99B. Interest income reflects higher results from loans, leasing and securities portfolio. Net income was partially offset by a significant loss on equity in affiliates as well as by higher other operating expenses.

Company Address

Banco do Brasil S.A.
SBS Quadra 01 Bloco C, Lote 32
Ed. Sede III
St Bancario Sul
Brasilia - DF     70073-901
P: +5561.33103400
F: +5561.33102486

Total Employees

81900

Find Out More About BBAS3.SA

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