1 Followers USX:BBD - Banco Bradesco S.A Banco Bradesco S.A
Sector: Financials, Industry: Diversified Banks
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USD 4.67    -0.160 (-3.31%)
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30 Jul 2021


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General

CEO: Mr. Octavio de Lazari Jr., Junior

IPO: 2001-11-23

Headquarters: US

Employees: 77,684

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Description

Banco Bradesco is Brazil's fourth- largest bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 25% market share. The bank provides services through a network of more than 4,600 branches, the largest footprint of all privately controlled banks in Brazil. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. In 2016, Bradesco acquired the Brazilian operations of HSBC.