Tag: Bank of Brazil

If the accounting season of the large Brazilian banks were a race, we could say that the "athletes" arrive in the second quarter of 2022 in a condition very similar to the previous period. According to analysts, the expectation is...
RIO DE JANEIRO, BRAZIL - Banco do Brasil's (BB) president, Fausto de Andrade Ribeiro, affirmed yesterday that the institution would have R$200 billion (US$37 billion) destined for the Harvest Plan 2022/23. In applying this amount, the priority will be the...
RIO DE JANEIRO, BRAZIL - Brazil's state-owned Banco do Brasil (BB) is the main financer of national agriculture and cattle-raising, accounting for more than 50% of rural credit in the financial system. The volume of the bank's agribusiness credit portfolio...
RIO DE JANEIRO, BRAZIL - São Paulo governor and PSDB candidate for the 2022 elections, João Doria, told the Correio Braziliense website that he plans to privatize Banco do Brasil and Petrobras if elected president. "I am in favor of...
RIO DE JANEIRO, BRAZIL - In a statement sent to investors, the institution announced that it will close 361 branches and offices, as well as resizing the workforce with voluntary severance packages (VSP). Membership is expected to decrease 5,000...

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