Report
EUR 652.68 For Business Accounts Only

Banco Bradesco, Banco do Brasil, Banco Santander (Brasil), Itau Unibanco Holding: Single digit rates to challenge profitability in 2018

Such an extended period of low rates, a first for Brazil, creates a new operating environment for Brazil’s four largest banks, making it harder to maintain net income levels.
Underlyings
Banco Bradesco S.A. ADS,

Banco do Brasil S.A.

Banco Santander (Brasil) S.A. Units Cons of 1 Sh + 1 Pfd Sh

Banco Santander Brasil operates as a bank and through its subsidiaries carries out its operations through two segments: Commercial Banking and Global Wholesale Banking, which operates with commercial, investment, credit and financing and exchange, mortgage lending, leasing, credit cards and securities brokerage. Co. operates in Brazil and abroad, through the Cayman branch and its subsidiary in Spain. As of Dec 31 2016, Co. had total assets of R$634.39 billion.

Itau Unibanco Holding S.A. Sponsored ADR Pfd

Provider
Moody's Investors Service
Moody's Investors Service

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