Bradesco's CEO says Brazilian banks likely to extend retail debt maturities again [Reuters]
Banco Bradesco Sa American Depositary Shares (each representing one Common Share) (BBDO)
US:NYSE Investor Relations:
bradescori.com.br/sitebradescori/default-en.aspx
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Source: Reuters
Bradesco's CEO says Brazilian banks likely to extend retail debt maturities again SAO PAULO, April 8 (Reuters) - Brazilian banks are likely to have to extend retail debt payments again as consumers and small businesses are unlikely to be able to pay it down in two months, the chief executive officer of Banco Bradesco SA said on Wednesday. In March, Brazilian banks paused retail debt payments for two months amid the crisis caused by the new coronavirus. CEO Octavio de Lazari said banks may pause debts for up to six months without being required to make provisions for them.
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News
- Banco Bradesco (NYSE:BBDO) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Banco Bradesco (NYSE:BBDO) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
- Options Volume in Banco Bradesco Soars, Fueling Breakout Buzz for Brazilian Bank [Yahoo! Finance]Yahoo! Finance
- Banco Bradesco (NYSE:BBDO) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Looking at the Narrative for Bradesco as Analyst Sentiment and Valuation Shift [Yahoo! Finance]Yahoo! Finance