Bradesco completes 10 billion real capital increase and expands loan portfolio
BBD Banco Bradesco SA ADR
$4.07 +3.04%
View chart & analysis → - 1Banco Bradesco S.A. has completed a capital increase of 10 billion real.
- 2Bradesco's loan portfolio growth rate recorded 11.1% year-on-year.
- 3Banco Bradesco S.A.'s insurance division return on equity (ROE) recorded 22%.
So what's the key point?
Banco Bradesco S.A. increased its capital by 10 billion real. This company secures more capital to operate its lending and insurance businesses.
Source The Motley Fool +1 · View original ↗
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