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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

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Tue, Sep 18 2018

Brazil’s Cielo to partner with telecom carriers to sell mobile devices with payment system

SAO PAULO, Sept 18 Brazil's largest payment processor, Cielo SA, will start selling mobile phones that also function as card reader machines in partnerships with carriers Claro and TIM Participacoes SA, executive vice-president Danilo Caffaro said on Tuesday .

Banco do Brasil may incur in $72 mln in additional health insurance costs in 2018

SAO PAULO, Sept 13 State-controlled Banco do Brasil said in a securities filing on Thursday that it may incur an additional 300 million reais ($72 million) in costs in 2018 related to employee's health insurance.

Banco do Brasil acquires additional stake in Argentina's Patagonia

SAO PAULO, Sept 6 State-controlled Banco do Brasil SA said in a securities filing on Thursday that it has raised its stake in Argentina's Banco Patagonia SA to 80.39 percent from 58.97 percent.

UPDATE 2-Banco do Brasil says loans likely to gain steam by year-end

SAO PAULO, Aug 9 Banco do Brasil SA shares rose in Thursday morning trading after the state-controlled bank beat analysts' profit estimates and predicted that loans will pick up steam in coming months.

Banco do Brasil beats profit estimates on lower provisions

SAO PAULO, Aug 9 State-controlled Banco do Brasil SA on Thursday beat profit expectations helped by lower loan loss provisions.

Banco do Brasil appoints Maurano as CEO of insurance unit BB Seguridade -filing

SAO PAULO, July 3 State-run Banco do Brasil SA has appointed Antonio Mauricio Maurano, current vice-president for wholesale banking, to be the new Chief Executive Officer at insurance unit BB Seguridade Participações SA, it said in a securities filing.

Trucker strike hurt corporate loan growth -Banco do Brasil CEO

SAO PAULO, June 20 A nationwide protest by truckers in Brazil briefly interrupted corporate lending growth at state-led Banco do Brasil SA, Chief Executive Paulo Caffarelli told journalists on Wednesday.

UPDATE 1-Banco do Brasil to spend $202 mln to raise stake in Argentina's Patagonia

SAO PAULO, June 15 State-controlled Banco do Brasil SA said on Friday it will pay $202.4 million to increase its stake in Argentina's Banco Patagonia SA after some shareholders exercised their right to sell the shares.

UPDATE 2-Brazil's Odebrecht to repay late Banco do Brasil loan with new credit

SAO PAULO, May 25 Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais ($709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, two sources with knowledge of the matter told Reuters.

BRIEF-Banco do Brasil Says Payout Ratio Increase In Line With Credit Outlook


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