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Banco do Brasil SA (BBAS3.SA)

BBAS3.SA on Sao Paulo Stock Exchange

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Thu, Apr 12 2018

Brazil's Banco do Brasil to expand credit cards to non-clients

SAO PAULO, April 12 Brazilian state-owned lender Banco do Brasil will seek an expansion of its credit card portfolio by issuing cards to non-clients, a top executive told Reuters on Thursday.

Petrobras hires $606 mln credit line from Banco do Brasil

SAO PAULO, March 26 Brazilian state-controlled oil company Petróleo Brasileiro SA said on Monday it has hired a 2 billion real ($606 million) credit line from state lender Banco do Brasil SA expiring in Feb. 2023.

UPDATE 2-Banco do Brasil seeks higher core capital ratio, shares rise

SAO PAULO, Feb 22 Shares in Banco do Brasil rose on Thursday after the state-controlled bank reported a surge in quarterly earnings, and said it would seek a core capital ratio of at least 11 percent in 2022, with a target of 12 percent.

Banco do Brasil aims for up to 12 pct core capital ratio in 2022

RIO DE JANEIRO, Feb 22 Executives at Banco do Brasil SA said on Thursday that the state-controlled bank would seek at least an 11 percent core capital ratio in 2022, with the possibility of reaching 12 percent depending on its loan book. In a press conference following strong fourth quarter earnings, Chief Executive Officer Paulo Rogêrio Caffarelli also said the default ratio would be lower this year compared to 2017. (Reporting by Carolina Mandle and Aluisio Alves Editing by Chizu N

Banco do Brasil beats Q4 estimates on lower provisions

SAO PAULO, Feb 22 Banco do Brasil beat fourth-quarter profit forecasts as loan loss provisions fell, the state-controlled bank said on Thursday.

BRIEF-Mapfre Updates Terms Of Strategic Alliance With Banco Do Brasil‍​


Brazil's Previ will again try to list Neoenergia -CEO

RIO DE JANEIRO, Feb 2 Brazilian pension fund Caixa de Previdencia dos Funcionarios do Banco do Brasil, known as Previ, is sticking to its plans for an initial public offering of power holding company Neoenergia SA, the fund's Chief Executive Officer Geitiro Genso said on Friday.

CSN renegotiates debt owed to Banco do Brasil, Caixa

SAO PAULO, Feb 1 Brazilian steelmaker Cia Siderúrgica Nacional will renegotiate debt owed to lenders Banco do Brasil SA and Caixa Econômica Federal.

Banco do Brasil puts Banco Patagonia share sale on hold -sources

BUENOS AIRES/SAO PAULO, Jan 12 Banco do Brasil plans to wait for better market conditions before listing shares of Banco Patagonia, in which it has a majority stake, the CEO of Brazil's state-run bank told Banco Patagonia board members on Friday, two sources familiar with the matter said.

Banco do Brasil unit keeps Neoenergia stake after failed IPO

SAO PAULO, Dec 15 BB Banco de Investimento SA, a wholly owned subsidiary of state-run Banco do Brasil, will keep its 9.35 percent ownership of electricity company Neoenergia SA after the utility canceled plans for an initial public offering, the bank said in a securities filing late on Thursday.

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