Company Overview of Banco do Brasil S.A.
Banco do Brasil S.A. provides various banking services in Brazil and internationally. The company’s Banking segment offers various products and services, such as deposits, loans, and services to retail, wholesale, and government markets, as well as to micro-entrepreneurs and the low income population. Its Investments segment is involved in the intermediation and distribution of debts in the primary and secondary markets, as well as equity interest and the rendering of financial services. The company’s Fund Management segment engages in the purchase, sale, and custody of securities; portfolio management activities; and management of investment funds and clubs. Its Insurance, Pension, and Capi...
Setor Bancário Sul
Lote 32, Bloco C
Edifício Sede III
Brasilia, DF 70073-901
Key Executives for Banco do Brasil S.A.
Banco do Brasil S.A. does not have any Key Executives recorded.
Banco do Brasil S.A. Key Developments
Banco Do Brasil Announces Earnings Results for the First Quarter of 2015
May 15 15
Banco do Brasil announced earnings results for the first quarter of 2015. For the quarter, the company reported adjusted net income reached BRL 3 billion in the first quarter of 2015, growing by 24.2% compared to the first quarter of 2014. NII grew by 17.6% compared to the first quarter of 2014. And fee income grew by 9.9% in the same period. The company reached net income of BRL 3,025,000,000, increased by 24.2% and adjusted ROE of 14.5%, and the total net income with onetime items, BRL 5,818,000,000.
Offers For HSBC Brasil Reportedly Expected In June
May 7 15
According to Valor Econômico, Goldman Sachs, the advisor appointed to find a buyer for HSBC Bank Brasil S.A. - Banco Múltiplo invited around 10 financial institutions to participate in the negotiations. These financial institutions involve Itaú Unibanco Holding S.A. (BOVESPA:ITUB4), Banco Bradesco S.A. (BOVESPA:BBDC4), Banco do Brasil S.A. (BOVESPA:BBAS3), Banco Santander (Brasil) S.A. (BOVESPA:SANB4) and Banco BTG Pactual S.A. According to the source, certain foreign banks are also invited. The interested banks are expected to make an offer by June. Goldman Sachs reportedly aims to complete the sale process by August.
Banco do Brasil S.A. Presents at 13th Brazil Issuers & Investors Forum, Apr-16-2015
Apr 14 15
Banco do Brasil S.A. Presents at 13th Brazil Issuers & Investors Forum, Apr-16-2015. Venue: Hotel Unique, Sao Paulo, Brazil. Presentation Date & Speakers: Apr-16-2015, Aguinaldo Barbieri, Executive Manager, Eduardo Nascimento, Executive General Manager.
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