• Short Name: BB

• Other Name: Banco do Brasil

• Address: SBS Qd. 01 Bloco C, Edifício Sede III, 24th Floor

• Phone: 55-61-33105920

• Fax: 55-61-33103735

• City: Brasilia

• Zip Code: 7007391

• Country: Brazil

• Website: http://www.bb.com.br

• General Email: ri@bb.com.br

• Regional Presence: Chile, Argentina, Peru, Brazil, Bolivia, Panama

Description:

Brazil's federal bank is the largest in Latin America with some 20 million clients and more than 7, 000 points of sale (3,200 branches) in Brazil, and 34 offices and partnerships in 26 other countries. In addition to its traditional retail banking services, BB underwrites and sells bonds, conducts asset trading, offers investors portfolio management services, conducts financial securities advising, and provides market analysis and research.

Last Update: Wednesday, July 2, 2008

Research by: María José Arredondo

Related News & Research:

Related News

• Biggest pension fund to sell real estate assets Ins 05/Jan/09 - Brazil
• BB asset management lead to grow through FSB, Nossa Caixa Bank 31/Dec/08 - Brazil
• Government gets green light to issue bonds for sovereign fund Bank 29/Dec/08 - Brazil
• BB health insurance unit to post 28% premium growth this year Ins 29/Dec/08 - Brazil
• BB shareholders approve Nossa Caixa purchase Bank 24/Dec/08 - Brazil
• Febraban increases 2008 credit estimates, lowers them for 2009 Bank 23/Dec/08 - Brazil
• São Paulo state government authorizes liquidation of Cosesp Ins 22/Dec/08 - Brazil
• CEF to lower interest rates, plans 30% corporate credit growth in 2009 Bank 22/Dec/08 - Brazil
• São Paulo legislature approves Nossa Caixa sale to BB Bank 18/Dec/08 - Brazil
• Senate approves modified MP 443, creation of SWF Bank 18/Dec/08 - Brazil

Related News & Research

Related News

• Biggest pension fund to sell real estate assets Ins 05/Jan/09 - Brazil
• BB asset management lead to grow through FSB, Nossa Caixa Bank 31/Dec/08 - Brazil
• Government gets green light to issue bonds for sovereign fund Bank 29/Dec/08 - Brazil
• BB health insurance unit to post 28% premium growth this year Ins 29/Dec/08 - Brazil
• BB shareholders approve Nossa Caixa purchase Bank 24/Dec/08 - Brazil
• Febraban increases 2008 credit estimates, lowers them for 2009 Bank 23/Dec/08 - Brazil
• São Paulo state government authorizes liquidation of Cosesp Ins 22/Dec/08 - Brazil
• CEF to lower interest rates, plans 30% corporate credit growth in 2009 Bank 22/Dec/08 - Brazil
• São Paulo legislature approves Nossa Caixa sale to BB Bank 18/Dec/08 - Brazil
• Senate approves modified MP 443, creation of SWF Bank 18/Dec/08 - Brazil
• Senate delays vote on MP 443, SWF Bank 17/Dec/08 - Brazil
• BB to put US$2bn capital increase to shareholders Bank 16/Dec/08 - Brazil
• Consultant says tax reduction's impact on credit may be exaggerated Bank 15/Dec/08 - Brazil
• Senate now to vote on crisis-related bills on Tuesday Bank 12/Dec/08 - Brazil
• MP 443, SWF bills scheduled for senate votes in next 2 weeks Bank 11/Dec/08 - Brazil
• Bonsucesso signs US$488mn loan deal with CEF Bank 09/Dec/08 - Brazil
• CEF prepares loan offensive with lower rates, longer terms Bank 05/Dec/08 - Brazil
• Brasilprev posts 18.6% increase in contributions January-October Ins 05/Dec/08 - Brazil
• BB and FirstRand cancel auto financing JV plans Bank 02/Dec/08 - Brazil
• Shareholders approve BB's purchase of BEP Bank 01/Dec/08 - Brazil
• CEF defends US$890mn loan to Petrobras Bank 01/Dec/08 - Brazil
• CEF opens credit lines of US$644mn for flood victims in Santa Catarina Bank 28/Nov/08 - Brazil
• CMN changes accounting rules on banking services to match international guidelines Bank 27/Nov/08 - Brazil
• President: Banks must lower interest rates Bank 26/Nov/08 - Brazil
• Paper: Midsize banks sell US$9.57bn in loan books to date Bank 26/Nov/08 - Brazil
• BB sets priorities in agricultural credit reform Bank 25/Nov/08 - Brazil
• Unibanco new entry to Bovespa sustainability index Bank 25/Nov/08 - Brazil
• BB defends Nossa Caixa price, continues to deny private sector purchases Bank 24/Nov/08 - Brazil
• Moody's downgrades Banco GMAC Bank 24/Nov/08 - Brazil
• BB pulls in US$100mn loan from Italian bank Intesa Bank 24/Nov/08 - Brazil
• BB plans US$815mn-1.63bn in synergies from Nossa Caixa purchase Bank 21/Nov/08 - Brazil
• São Paulo to use US$411mn from BB sale for state development agency Bank 21/Nov/08 - Brazil
• BB to pay US$2.25bn for 71.2% stake in Nossa Caixa Bank 20/Nov/08 - Brazil
• FenaCap releases best practices guide to improve savings bond industry reputation Ins 19/Nov/08 - Brazil
• Paper: BB, Nossa Caixa deal set for late Wednesday Bank 19/Nov/08 - Brazil
• BB aims for major agricultural credit reform Bank 18/Nov/08 - Brazil
• BB, CEF receive US$3.49bn for public servant home lending Bank 18/Nov/08 - Brazil
• Nossa Caixa: Deal with BB likely to be for majority control not incorporation Bank 17/Nov/08 - Brazil
• BB denies all private sector negotiation rumors Bank 14/Nov/08 - Brazil
• BCB to change reserve requirement rules again Bank 14/Nov/08 - Brazil
• BB denies all private sector negotiation rumors Ins 14/Nov/08 - Brazil
• President: BB, Nossa Caixa deal to wait until next week Bank 13/Nov/08 - Brazil
• BB insurance-related businesses add 18.3% to 9-month profits Ins 13/Nov/08 - Brazil
• Nossa Caixa turns US$30.4mn Q3 profit Bank 13/Nov/08 - Brazil
• BB chalks up 36.9% increase in Q3 profits Bank 13/Nov/08 - Brazil
• Febraban: Economists again reduce credit growth estimates for 2008, 2009 Bank 12/Nov/08 - Brazil
• Congress gives first okay to MP 443 Bank 12/Nov/08 - Brazil
• BB puts value of US$36.7mn on BEP purchase Bank 12/Nov/08 - Brazil
• Boards approve BEP sale to BB Bank 11/Nov/08 - Brazil
• Paper: Lula approves BB purchase of Nossa Caixa Bank 10/Nov/08 - Brazil
• Press: BB, Bradesco vie to buy banks Bank 10/Nov/08 - Brazil
• Auto loans up 41.1% in 12 months to September Bank 07/Nov/08 - Brazil
• Government to open US$6.92bn to BNDES, BB for SME, export financing Bank 06/Nov/08 - Brazil
• Paper: Nossa Caixa sale price to BB will be US$2.98bn Bank 06/Nov/08 - Brazil
• CEF ups Q3 earnings 10-fold Bank 05/Nov/08 - Brazil
• BB wins exclusive right to judicial accounts for public sector banks Bank 05/Nov/08 - Brazil
• Unions to meet with Itaú about merger, jobs on November 10 Bank 05/Nov/08 - Brazil
• BB, Santander update loan book purchase figures Bank 03/Nov/08 - Brazil
• Itaú to merge with Unibanco Bank 03/Nov/08 - Brazil
• Congress gives initial approval to sovereign wealth fund Bank 30/Oct/08 - Brazil
• Abrapp: Pension funds don't need to sell hastily Ins 29/Oct/08 - Brazil
• Congress approves rediscounting program, adds controls Bank 29/Oct/08 - Brazil
• CIP: Little competition in bid to take on bank invoice processing Bank 27/Oct/08 - Brazil
• BCB opens options for FGC intervention Bank 27/Oct/08 - Brazil
• CEF employees return to work Bank 27/Oct/08 - Brazil
• Most CEF unions vote to remain on strike Bank 24/Oct/08 - Brazil
• Federal banks BB, CEF could buy private pension providers, savings bond firms Ins 23/Oct/08 - Brazil
• BB: New rules not government interference, will aid upcoming purchases Bank 23/Oct/08 - Brazil
• Most private sector, BB unions end strike, CEF unions stay out Bank 23/Oct/08 - Brazil
• Government grants BB, CEF new powers Bank 22/Oct/08 - Brazil
• BB says ATM deal with Perto still not closed Bank 21/Oct/08 - Brazil
• Perto wins US$61mn ATM contract with BB Bank 20/Oct/08 - Brazil
• Banrisul, Votorantim latest banks to buy loan books Bank 20/Oct/08 - Brazil
• Paper: Agricultural insurance could require additional support in 2009 Ins 17/Oct/08 - Brazil
• S&P: Banking hierarchy likely to be untouched by wave of loan purchases Bank 17/Oct/08 - Brazil
• BCB expands interbank asset purchase program Bank 16/Oct/08 - Brazil
• Santander picks up 5 loan books Bank 16/Oct/08 - Brazil
• BB outlines strategy to buy loan books, boost agrofinancing Bank 15/Oct/08 - Brazil
• Government to free up US$2.65bn for agricultural credit Bank 15/Oct/08 - Brazil
• Itaú joins other banks in buying loan books Bank 15/Oct/08 - Brazil
• Unibanco, Bradesco join ranks of banks buying loan books Bank 14/Oct/08 - Brazil
• Deutsche Bank sees banks' profits down 11% in 2009 Bank 13/Oct/08 - Brazil
• BCB allowed further powers to increase cash availability Bank 12/Oct/08 - Brazil
• Bank unions strike, impact 3,000 branches Bank 09/Oct/08 - Brazil
• CEF details loan book purchase plans worth up to US$1.23bn Bank 09/Oct/08 - Brazil
• BCB loosens liquidity, reduces reserve requirements Bank 09/Oct/08 - Brazil
• CEF to buy loan books from at least 12 banks Bank 08/Oct/08 - Brazil
• Nossa Caixa plans to buy loan books from at least 6 banks Bank 07/Oct/08 - Brazil
• New round of capital increases for 5 insurers totals US$120mn Ins 07/Oct/08 - Brazil
• BB looks to government fund to finance mortgage loans to lower-income segment Bank 06/Oct/08 - Brazil
• Government to use foreign reserves to increase export financing Bank 06/Oct/08 - Brazil
• BB accelerating US$2.54bn in agricultural lending Bank 03/Oct/08 - Brazil
• BCB again changes reserve requirement rules to improve liquidity Bank 03/Oct/08 - Brazil
• Credit card processor Visanet interrupts IPO Bank 01/Oct/08 - Brazil
• BB shareholders approve Besc purchase Bank 01/Oct/08 - Brazil
• Study: Itaú, Brazilian banks top Latin American brand value Bank 29/Sep/08 - Regional
• BB pension fund Previ loses US$5.29bn due to crisis Ins 29/Sep/08 - Brazil
• Bank union rejects 7.5% pay increase, protests continue Bank 26/Sep/08 - Brazil
• BB CEO: Global crisis makes foreign credit lines harder to come by Bank 24/Sep/08 - Brazil
• Bank union protests start this week in São Paulo Bank 23/Sep/08 - Brazil
• BB: No plans to use federal support for agribusiness lending Bank 23/Sep/08 - Brazil
• BB pension fund Previ gets rid of troubled assets Ins 23/Sep/08 - Brazil
• Liquidity crunch to prevent BB from hitting 2008 foreign trade target Bank 22/Sep/08 - Brazil
• BB to renew 10,000 ATMs this year Bank 22/Sep/08 - Brazil
• Minister: Government could take measures to safeguard credit for investments Bank 17/Sep/08 - Brazil
• BB to purchase Besc through shares issue worth US$384mn Bank 12/Sep/08 - Brazil
• BNY Mellon: SEC rule change will boost bank interest in level 1 ADRs Bank 10/Sep/08 - Brazil
• Savings bond contributions up 14.4% in first 7 months Ins 10/Sep/08 - Brazil
• BEP hires Deloitte for help in sale to BB Bank 08/Sep/08 - Brazil
• BB providing technical support on SWF, prepared for role in management Bank 05/Sep/08 - Brazil
• BB, Visanet start program to allow electronic payments via cell phones Bank 02/Sep/08 - Brazil
• Consultancy: Bradesco's strength, consistency lead to high marks with investors, consumers Bank 02/Sep/08 - Brazil
• BB shakes up leadership in pension, insurance businesses Ins 02/Sep/08 - Brazil
• BB signs US$92mn contract with Software AG Bank 02/Sep/08 - Brazil
• Besc shareholders won't vote on sale to BB until end-September Bank 28/Aug/08 - Brazil
• Study: Bradesco country's most valuable brand Bank 27/Aug/08 - Brazil
• BB inks ATM deal with Diebold for 5,400 units Bank 27/Aug/08 - Brazil
• Rio de Janeiro plans to auction state bank Berj by November Bank 26/Aug/08 - Brazil
• Paper: Nossa Caixa sale talks focus on state accounts, insurance unit Bank 25/Aug/08 - Brazil
• Paper: Visanet shareholders set to vote on IPO Bank 22/Aug/08 - Brazil
• Febraban expects preliminary decision on tax lawsuit in September Bank 22/Aug/08 - Brazil
• BB plans nearly 67% increase in rural insurance premiums for 2008-09 harvest Ins 21/Aug/08 - Brazil
• Deutsche Bank lowers banking sector 2008 earnings growth forecast to 13% Bank 21/Aug/08 - Brazil
• Paper: Nossa Caixa hires JPMorgan, Morgan Stanley for BB purchase Bank 20/Aug/08 - Brazil
• BB's insurance, pension, savings bonds businesses contribute 21% more in H1 Ins 19/Aug/08 - Brazil
• BB needs Nossa Caixa price by end-November if sale to go ahead this year Bank 18/Aug/08 - Brazil
• BB posts 53.9% increase in Q2 earnings Bank 18/Aug/08 - Brazil
• BrasilPrev sees H1 profits down 16% Ins 14/Aug/08 - Brazil
• Pension fund assets reach 17.8% of GDP Ins 14/Aug/08 - Brazil
• Paper: New operations director at Icatu Hartford Ins 13/Aug/08 - Brazil
• Votorantim finds US partner for US$309mn real estate fund Bank 11/Aug/08 - Brazil
• Feller ups Bci; Banco do Brasil, HSBC units Bank 07/Aug/08 - Chile
• BB gets regulator approval for US$424mn purchase of Aliança do Brasil Ins 06/Aug/08 - Brazil
• BB defends agribusiness lending operations Bank 04/Aug/08 - Brazil
• Car insurer Brasilveículos sees H1 profits jump 290% Ins 30/Jul/08 - Brazil
• IDB plans US$10mn for microcredit in northeast Bank 29/Jul/08 - Brazil
• Brasilprev boosts assets under management 31.4% in H1 Ins 29/Jul/08 - Brazil
• BB teams with FirstRand to start car-financing joint venture by 1H09 Bank 28/Jul/08 - Brazil
• BB could lend importers US$400mn through CAF credit line Bank 28/Jul/08 - Brazil
• BB increases CAF credit limit for importers to US$200mn Bank 23/Jul/08 - Brazil
• Morgan Stanley plans US$900mn in real estate-related investment over 3 years Bank 21/Jul/08 - Brazil
• BB asset manager launches construction investment fund Bank 21/Jul/08 - Brazil
• Deutsche Bank sees mixed Q2 results for Latin American banks Bank 18/Jul/08 - Regional
• MasterCard uses treats to attract high-income segment Bank 15/Jul/08 - Brazil
• Western Union, BB renew distribution contract for 5 years Bank 15/Jul/08 - Brazil
• Banks could put brakes on lending Bank 09/Jul/08 - Brazil
• TIM to offer m-banking to CEF, Unibanco customers Bank 09/Jul/08 - Brazil
• BB plans 24.7% agro credit increase for 2008-09 harvest Bank 08/Jul/08 - Brazil
• Local banks' shares suffer in the wake of US subprime mess Bank 07/Jul/08 - Brazil
• BB sees 28.3% card purchase increase in H1 Bank 07/Jul/08 - Brazil
• BB takes full control of insurance unit Aliança do Brasil Ins 07/Jul/08 - Brazil
• BB moves one step closer to taking over Banco do Piauí Bank 04/Jul/08 - Brazil
• BB expects to incorporate BRB in 4 months Bank 02/Jul/08 - Brazil
• BB loan book hits US$125bn mark Bank 01/Jul/08 - Brazil
• CMN approves hiking BB's foreign ownership limit to 25% Privat 01/Jul/08 - Brazil
• CMN approves hiking BB's foreign ownership limit to 25% Bank 01/Jul/08 - Brazil
• BNP Paribas unit bets on acquisitions, new business areas to grow Bank 30/Jun/08 - Brazil
• BB to open insurance sales through brokers Ins 27/Jun/08 - Brazil
• BB to open insurance sales through brokers Bank 27/Jun/08 - Brazil
• BB names new VP of government affairs Ins 27/Jun/08 - Brazil
• BB names new VP of government affairs Bank 27/Jun/08 - Brazil
• BB pension fund seeks greater investment transparency Bank 24/Jun/08 - Brazil
• BB pension fund seeks greater investment transparency Ins 24/Jun/08 - Brazil
• BB pension division sees opportunities in northeast Ins 03/Jun/08 - Brazil
• Fitch upgrades banks following investment grade Bank 03/Jun/08 - Brazil
• BNDES to sell US$921mn in debt in July Bank 30/May/08 - Brazil
• Paper: BB-Nossa Caixa deal could trigger clash among insurers Ins 27/May/08 - Brazil
• Press: Regulator investigates insider trading at BB, Nossa Caixa Bank 26/May/08 - Brazil
• Savings bond industry sees Q1 profits down 5.9% Ins 22/May/08 - Brazil
• BB considers selling bonds abroad Bank 14/May/08 - Brazil
• Bradesco insurance unit unloads shares in Áurea, SBCE Ins 09/May/08 - Brazil
• S&P upgrades banks on reaching investment grade Bank 02/May/08 - Brazil
• BB books US$83mn in Q2 from sale of telecom shares Bank 29/Apr/08 - Brazil
• Unibanco receives US$210mn syndicated loan Bank 18/Apr/08 - Brazil
• Savings bond contributions rise 15% January-February Ins 17/Apr/08 - Brazil
• BBM reduces stake in BCSul Bank 15/Apr/08 - Brazil
• Regulator approves changes at BB car insurer Ins 11/Apr/08 - Brazil
• Coface plans 25% premium growth in Latin America Ins 11/Apr/08 - Regional
• FEATURE: Is microinsurance the Great Leap Forward? Ins 10/Apr/08 - Brazil
• SulAmérica boosts market share in auto segment Ins 31/Mar/08 - Brazil
• Government, bankers back away from restrictions on lending Bank 27/Mar/08 - Brazil
• Agriculture ministry authorizes 6 insurers to offer subsidized coverage Ins 24/Mar/08 - Brazil
• BB pension unit sees double-digit growth over next decade Ins 22/Feb/08 - Brazil
• SBR: Agri premiums to double this year Ins 11/Feb/08 - Brazil
• Merrill Lynch: Investors to eye LatAm bank shares by mid-2008 Bank 30/Jan/08 - Regional
• Merrill Lynch: LatAm banks to deliver sound Q4 op results Bank 21/Jan/08 - Regional
• Agri premiums grow 66% in 2007 Ins 31/Dec/07 - Brazil
• Savings plans for minors to keep same rate of growth thru 2008 Ins 28/Dec/07 - Brazil
• BB returns to Uruguay Bank 19/Dec/07 - Brazil, Uruguay
• Fitch ratings roundup Bank 04/Dec/07 - Brazil
• Itaú tops Bradesco in cenbank ranking Bank 04/Dec/07 - Brazil
• Brasilprev broadens pension plan offering Ins 31/Oct/07 - Brazil

Related Research Reports

• Fitch Ratings Ratifica en 'A' Clasificación de Banco do Brasil Sucursal Chile
• Fitch Chile: Banco do Brasil (Agencia Chile)
• Scotiabank Group: Brazil - Country Intelligence Briefing
• S&P: Dollar Diversified Payment Rights Finance Co. (Banco do Brasil) Notes Series 2008-1 Rated
• S&P: Various Actions Taken On Ambac- And CIFG-Insured Emerging Market
• Fitch: Brazil's MPI-3: Traffic Light Flashes Yellow - Have the Banks Fastened Their Seat Belts?
• S&P: 47 MBIA/Ambac-Insured Emerging Market Ratings Lowered; On Watch Neg;
• Moody's Assigns Rating of A1 to Banco do Brasil's Remittance Backed Notes
• S&P: Dollar Diversified Payment Rights Finance Co. (Banco do Brasil) Notes Series 2008-2 Rated
• Fitch: Anúncio de Compra do Nossa Caixa Não Deve Afetar Ratings do Banco do Brasil
• Fitch: Banco do Brasil's Purchase of Nossa Caixa Should Not Impact Ratings
• Fitch Upgrades Brazilian Banks and Leasing Companies On Sovereign Upgrade
• LatAm Banking, 2007 Year in Review & Outlook for 2008

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