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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

31.70BRL
23 May 2018
Change (% chg)

R$ -0.70 (-2.16%)
Prev Close
R$ 32.40
Open
R$ 32.00
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R$ 32.25
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R$ 31.60
Volume
8,806,300
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9,843,828
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R$ 44.30
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R$ 25.48

Latest Key Developments (Source: Significant Developments)

Astaldi Says Existing Bilateral Line With Banco Do Brasil Regularly Repaid
Tuesday, 22 May 2018 

May 22 (Reuters) - Astaldi SpA ::IN RELATION TO PRESS RUMOURS CO INFORMS THAT EXISTING BILATERAL LINE WITH BANCO DO BRASIL HAS BEEN REGULARLY REPAID WITHIN TERMS SET BY SAME FINANCIAL INSTITUTION.  Full Article

Banco do Brasil sees better profitability, loan book in 2018
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Banco do Brasil SA ::BANCO DO BRASIL SAYS IT EXPECTS FEWER LOAN LOSS PROVISIONS IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS FEE REVENUE LIKELY TO GROW ABOVE INFLATION IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS ADMINISTRATIVE EXPENSES TO GROW BELOW INFLATION IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS ITS PROFITABILITY SHOULD IMPROVE IN 2018 -PRESENTATION.BANCO DO BRASIL SAYS THE QUALITY OF ITS LOAN BOOK SHOULD IMPROVE GRADUALLY IN 2018 -PRESENTATION.  Full Article

Iberdrola consolidates assets in Brazil, possible IPO‍​
Thursday, 8 Jun 2017 

June 8 (Reuters) - IBERDROLA SA ::SHAREHOLDERS OF NEOENERGIA , I.E., BB BANCO DE INVESTIMENTO, CAIXA DE PREVIDENCIA DOS FUNCIONARIOS DO BANCO DO BRASIL AND IBERDROLA ENERGIA REACH DEAL SO THAT NEOENERGIA INCORPORATES BUSINESSES OF ELEKTRO ‍​.FOLLOWING COMPLETION OF TRANSACTION, BANCO DO BRASIL AND PREVI WILL BE THE OWNERS OF ABOUT 9.35 PERCENT AND 38.21 PERCENT, RESPECTIVELY, OF SHARE CAPITAL OF NEOENERGIA, AND IBERDROLA ENERGIA WILL HOLD 52.45 PERCENT‍​.TRANSACTION INCLUDES THE COMMITMENT OF IBERDROLA TO UNDERTAKE THE INITIAL PUBLIC OFFERING OF NEOENERGIA ‍​.SEES THE OPERATION WILL HAVE A POSITIVE IMPACT ON ITS ACCOUNTS.  Full Article

BB and BB Seguridade end partnership talks with Correios
Friday, 7 Oct 2016 

Banco do Brasil : Said on Thursday it ended negotiations to establish strategic partnership with Brazilian Postal and Telegraph Company ("Correios") . The agreement for distribution of Banco do Brasil's products and services at the Correios network (Banco Postal) is valid until Dec. 12 . Will analyse its participation in an upcoming partner selection process to be held by Correios based on conditions set out in the Public Selection Notice .BB Segurigade also said it ended talks with Correios without formalising a partnership.  Full Article

Banco do Brasil announces Q3 own capital interest payment
Thursday, 1 Sep 2016 

Banco do Brasil SA : Said on Wednesday that its board of directors approved own capital interest payment for Q3, totalling 352.7 million Brazilian reais ($108.6 million) and corresponding to 0.1267 real per share . Payment date is Sep. 30 . Record date is Sep. 12 .Shares to be traded ex-interest as of Sep. 13.  Full Article

Banco do Brasil announces complementary own capital interest payment for Q2
Friday, 12 Aug 2016 

Banco do Brasil SA : Said on Thursday that its board on directors has approved to pay complementary own capital interest for Q2 2016, totalling 380.9 million Brazilian reais ($120.8 million), corresponding to 0.1368 real per share . Own capital interest to be adjusted by the Selic rate as of the balance date of June 30 and up to the payment date of Aug 31 . Record date is Aug 22 .Shares to be traded ex-interest as of Aug 23.  Full Article

UPDATE 1-Brazil's Odebrecht says will pay bondholders immediately

SAO PAULO, May 25 Corruption-ensnared Brazilian conglomerate Odebrecht SA said on Friday it will pay bondholders immediately after reaching an agreement with lenders to obtain a loan.