Banco do Brasil SA (BBAS3.SA)
R$ 0.30 (+0.81%)
|Market Cap(Mil.):||R$ 104,817.00|
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.
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.
SAO PAULO Two pension funds that are the largest shareholders in Brazilian food processor BRF SA presented on Saturday a list of ten candidates for seats to the company's board that excludes the current chairman, according to a joint statement.
SAO PAULO, March 3 Two pension funds that are the largest shareholders in Brazilian food processor BRF SA presented on Saturday a list of ten candidates for seats to the company's board that excludes the current chairman, according to a joint statement.
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.
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
SAO PAULO, Feb 22 Banco do Brasil beat fourth-quarter profit forecasts as loan loss provisions fell, the state-controlled bank said on Thursday.
* SIGNS NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) TO UPDATE TERMS OF THE STRATEGIC ALLIANCE BETWEEN MAPFRE AND BANCO DO BRASIL
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.
SAO PAULO, Feb 1 Brazilian steelmaker Cia Siderúrgica Nacional will renegotiate debt owed to lenders Banco do Brasil SA and Caixa Econômica Federal.