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July 02, 2015 3:48 PM ET

Banks

Company Overview of Banco Bradesco S.A.

Company Overview

Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts various deposit products, such as demand deposits, time deposits, checking accounts, savings accounts, interbank deposits from financial institutions, and accounts for salary purposes. The company also offers loans comprising short-term loans, vehicle financing, overdraft loans on checking accounts, revolving credit facilities, and traditional term loans to consumers; real estate financing services; microcredit to low-income individuals and sma...

Cidade de Deus

Vila Yara

Osasco, SP 06029-900

Brazil

Founded in 1943

95,520 Employees

Phone:

55 11 3684 4011

Key Executives for Banco Bradesco S.A.

Banco Bradesco S.A. does not have any Key Executives recorded.

Banco Bradesco S.A. Key Developments

Bradesco To Bid For HSBC Brasil

Banco Bradesco S.A. (BOVESPA:BBDC4) will make a binding offer to buy HSBC Bank Brasil S.A. - Banco Múltiplo next month, the newswire service of O Estado de S. Paulo newspaper said. The newswire, Agência Estado, said that Bradesco Chief Executive Officer Luiz Carlos Trabuco told it an event hosted by banking group Febraban that the offer will be announced in tandem with a timetable for the sale process proposed by HSBC.

Potential Buyers Reportedly At Odds Over HSBC's Plans To Sell Only Retail Unit Of HSBC Brasil

The potential buyers of HSBC Bank Brasil S.A. - Banco Múltiplo are not in favor of plans of HSBC Holdings plc (LSE:HSBA) to divest only the retail operations of HSBC Bank Brasil, after initially announcing plans to sell the whole unit. “Selling the bank in slices will be more difficult for HSBC,” a person close to the situation said. HSBC Brasil opened its data room to bidders on June 16, 2015. The interested parties are Banco Santander (Brasil) S.A. (BOVESPA:SANB4), Itaú Unibanco Holding S.A. (BOVESPA:ITUB4) and Banco Bradesco S.A. (BOVESPA:BBDC4).

Banco Bradesco S.A. Announces Interim Common and Preferred Dividends for the First Half of 2015, Payable July 17, 2015

The Board of Executive Officers of Banco Bradesco S.A. decided to submit to the Board of Directors, which will resolve in a meeting to be held on June 22, 2015, proposal for the payment of interim dividends related to the first half 2015, in the total amount of BRL 912 million, consisting of BRL 0.172629101 per common share and BRL 0.189892011 per preferred share. The shareholders registered in the company's books on June 22, 2015 (declaration date) shall be benefited. The company's shares will be traded ex-right on dividends from June 23, 2015 on. Upon the approval of the proposal, the payment will be made on July 17, 2015 by the declared amount.

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