September 28, 2012 / 12:41 PM / 7 years ago

Banco do Brasil to announce cuts in service fees Friday - source

SAO PAULO, Sept 28 (Reuters) - State-run Banco do Brasil , the nation’s largest lender, plans to cut some service fees as early as Friday, a source with knowledge of the situation said.

The impact of that move on future earnings will be “negligible,” said the source, who declined to be quoted because the plan is still in the making.

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