Type | Sociedade Anônima |
---|---|
Traded as | BM&F Bovespa:BBDC3, BBDC4 NYSE: BBD BMAD: XXBDC |
Industry | Finance and Insurance |
Founded | (1943) |
Headquarters | Osasco, Brazil |
Key people | Luiz Carlos Trabuco Cappi, (CEO) Lázaro de Mello Brandão, (Chairman) |
Products | Banking Investment banking Retail Banking Insurance |
Revenue | US$ 50.4 Billion (2010) [1] |
Net income | US$ 6.3 Billion (2010) [2] |
Total assets | US$ 471.3 Billion (2011) |
Employees | 95.248 |
Subsidiaries | Bradespar Bradesco Seguros |
Website | www.bradesco.com.br |
Bradesco (BM&F Bovespa:BBDC3, BBDC4 / NYSE: BBD / BMAD: XXBDC) is one of the Big Four banks in Brazil, the others being Banco do Brasil, Itaú Unibanco and CEF. Bradesco was the largest private bank in Brazil until Banco Itaú and Unibanco merged in 2009. Bradesco is headquartered in Osasco, has 3,945[3] branches and 38,772[4] Automatic Teller Machines. Bradesco offers Internet Banking, insurance, pension plans, annuities, credit card services (including football club affinity cards for soccer fans) for customers, and savings bonds. The bank also provides personal and commercial loans, as well as leasing services. Internationally, Bradesco has branches in New York, Grand Cayman and Nassau, and banking or financial subsidiaries or affiliates in Nassau, Luxembourg, Buenos Aires, Grand Cayman and Tokyo.
Banco Bradesco is constantly expanding and has recently acquired Banco do Estado do Maranhão, Banco Mercantil de São Paulo, Banco Ibi S.A., and the Brazilian operations of Banco Bilbao Vizcaya Argentaria (BBVA), J.P. Morgan Fleming Asset Management and American Express.
Bradesco's stock is traded on BM&F Bovespa, where it is part of the Índice Bovespa. It is also listed on the New York Stock Exchange and Madrid Stock Exchange.
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