Bradesco's Provisions for Bad Loans Surge 27%, Forecast Worsens

  • Loan growth fell short of the bank's forecast for 2015
  • Earnings rise 10% as higher interest rates boost margins

Banco Bradesco SA, Latin America’s second-largest bank by market value, reported a 27 percent jump in provisions for bad loans in the fourth-quarter and said the total would rise again this year.

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