Headline Details

UPDATE 1-Brazilian bank Bradesco's profit slides as loan-loss provisions leap

Published on: Thu, 30 Apr 2020 10:00:40 UTC
News Agency: Reuters
Brazilian lender Banco Bradesco SA is setting aside 2.7 billion reais ($506.1 million) to cover expected loan losses caused by the COVID-19 pandemic, it said on Thursday after posting first-quarter profit short of analyst expectations.

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