Brazil’s Amazonas state’s inferno: flood of the century, wave of violence, and Covid-19
Brazil's Amazonas State amidst the worst flood in 119 years, , violence from organized criminal groups and the Covid-19 pandemic
June 14, 2021Topic
Banco do Brasil
Pandemic has slashed banks’ profitability, but Brazil’s Central Bank sees improvement in 2021
Brazil's Central Bank Banking Economy Report says the pandemic caused a widespread drop in profitability but sees improvement in 2021
June 7, 2021
Bradesco, Itaú, Santander and Banco do Brasil posted sharp profit growth in Q1
Market analysts remain cautiously optimistic about Brazil's largest publicly traded banks, with a net profit of about R$21.84 billion
May 11, 2021
Banco do Brasil to take free fast wireless internet to some 500 inland cities
According to the financial institution, up to 500 inland cities will have free high-speed Internet points, increasing the number of...
April 26, 2021
Brazil: Is the next ‘Petrobras drama’ brewing at Banco do Brasil?
RIO DE JANEIRO, BRAZIL - The Ministry of Economy's nominee for the presidency of Banco do Brasil (BB), Fausto Ribeiro,...
March 22, 2021
Banco do Brasil annual 2020 adjusted profit R$13.8 billion, down 22% from 2019
Banco do Brasil (BBAS3) posted an adjusted net income of R$3.695 billion in the fourth quarter 2020, down 20.1% compared...
February 12, 2021
Government and Banco do Brasil Unite to Expand Wi-Fi Access in Brazil
The Ministry of Communications has announced that Banco do Brasil branches will be part of a government program to expand...
February 2, 2021
Banco do Brasil Resumes Sale of Asset Management Unit BB DTVM – Sources
State-controlled Banco do Brasil SA has resumed the process to sell its asset management unit, known as BB DTVM, three...
January 23, 2021
Itaú Made R$1 Million Duplicate Transfers Using PIX, Sues Banks to Recover Funds
A dispute among Brazil's largest banks could be the PIX's first judicial "trial by fire", the Central Bank's (BC) new...
January 21, 2021