Report
EUR 170.16 For Business Accounts Only

Banco Mercantil do Brasil S.A.

    ISSUER COMMENT  BANKING   OCTOBER 2, 2017    Brazil's Lower Payroll Loan Rates for Retirees  Are Credit Negative for Banco Mercantil do  Brasil  From  Credit Outlook   Last Thursday, the Brazilian National Social Security Council (Conselho
Underlying
Banco Mercantil do Brasil S/A Pref

Banco Mercantil do Brasil is engaged in commercial banking, real estate credit and foreign exchange activities. Through its subsidiaries, Co. is also engaged in investing activities, consumer credit, leasing, securities brokerage, insurance and mutual fund management. As of Dec 31 2007, Co. had Total Assets of R$7,247,604,000 and Total Deposits of R$3,103,175,000. Co also had 202 branch offices and 29 Special Banking Services Posts.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



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