Banco Bradesco

Banco Bradesco S.A.
Sociedade Anônima
Traded as BM&F Bovespa: BBDC3, BBDC4
NYSE: BBD
BMAD: XBBDC
ISIN US0594603039
Industry Financial services
Founded March 10, 1943 (1943-03-10) in Marília, Brazil
Headquarters Osasco, São Paulo, Brazil
Number of locations
 5,314 branches
Area served
 Worldwide
Key people
 Lázaro de Mello Brandão, (Chairman)
Luiz Carlos Trabuco Cappi, (CEO and Vice Chairman)
Products Banking
Investment banking
Private equity
Asset Management
Private banking
Insurance
Retail Banking
Services
Revenue Increase US$ 50.0 billion (2016)
Decrease US$4.6 billion (2016)
Total assets Decrease US$ 392.1 billion (2017)
Number of employees
 108,793
Subsidiaries Bradespar
Bradesco Seguros
Rating Ba3 (Moody's)
BB+ (S&P)
Website banco.bradesco
Footnotes / references
[1][2][3]


Bradesco is one of the biggest banking and financial services companies in Brazil. Bradesco was the largest private bank in Brazil until Banco Itaú and Unibanco merged in 2009. Bradesco is headquartered in the city of Osasco, in the metropolitan area of São Paulo, and has 5,314 branches, 4,834 Service Branches and 38,430 “Bradesco Expresso” Units[1] , the correspondent bank through partnerships with supermarkets, drugstores, department stores and other retail chains. It is currently the third largest Brazilian bank by total assets.

Bradesco customers can also use 34,859[4] “Bradesco Dia&Noite” Automatic Teller Machines and 12,975 ATMs of the Banco24Horas, a Brazilian third-party ATM network.

The Bank is a pioneer in using the ATM biometric reading system “Segurança Bradesco na Palma da Mão” (Roughly translated as "Bradesco Security in the Palm of Your Hand") in Brazil, which enables customers to be identified using the vascular pattern of their hands, serving as a complementary password, available at 31,474 Bradesco ATMs and 5,549 Banco24Horas ATMs.

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 have one branch in New York and two in Grand Cayman, and banking or financial subsidiaries or affiliates in London, Luxembourg, Hong Kong, Buenos Aires, Grand Cayman, Tokyo and Mexico.[1]

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, American Express and HSBC Brasil.[5]

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.

Slogan

History

See also

References

  1. 1 2 3 "Bradesco Presentation - April/2017" (PDF). Banco Bradesco S/A. 2017-04-30. Retrieved 2017-05-03.
  2. ↑ "Bradesco RI: Ratings". Banco Bradesco S/A. Retrieved 2017-05-03.
  3. ↑ "Banco Bradesco on the Forbes Global 2000 list". Forbes. 2013-05-01. Retrieved 2013-05-25.
  4. ↑ "Bradesco Automatic Teller Machines". Banco Bradesco S/A. 2012-09-30. Retrieved 2012-12-23.
  5. 1 2 "HSBC says to sell Brazil unit to Bradesco for $5.2 billion". Reuters. 2015-08-03. Retrieved 2015-08-03.
  6. ↑ "Bradesco slogan" (in Portuguese). Banco Bradesco S/A. Retrieved 2017-04-18.
  7. ↑ "Nossa História" (in Portuguese). Banco Bradesco S/A. 2013-03-10. Retrieved 2013-07-02.
  8. ↑ "O preço foi 1,2 bi" (in Portuguese). Veja. 1997-11-05. Retrieved 2013-02-07.
  9. ↑ "Bradesco acquire Controle Societário do Banco ibi e firma parceria com C&A" (in Portuguese). Banco Bradesco S/A. 2010-06-05. Retrieved 2010-06-18.
  10. ↑ "Bradesco acquire o Controle Societário do Ibi México e firma parceria com a C&A México" (in Portuguese). Banco Bradesco S/A. 2010-06-02. Retrieved 2010-06-18.
  11. ↑ "World’s Greenest Companies". Newsweek. 2011-10-16. Retrieved 2011-11-26.
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