August 8, 2018 / 2:41 PM / in 2 months

Brazil's BTG Pactual sees room to slowly increase leverage ratio

SAO PAULO, Aug 8 (Reuters) - Brazil’s Banco BTG Pactual SA is slowly increasing its leverage ratio back to previous levels, Chief Financial Officer João Dantas said on Wednesday in a conference call.

BTG Pactual’s leverage ratio should reach up to 12 times shareholders’ equity, compared to the current eight times, Dantas told analysts. (Reporting by Carolina Mandl; Editing by David Gregorio)

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