UPDATE 1-Brazilian bank Bradesco’s profit slides as loan-loss provisions leap
Brazilian lender Banco
Bradesco SA is setting aside 2.7 billion reais
($506.1 million) to cover expected loan losses caused by the
COVID-19 pandemic, it said on Thursday after posting
first-quarter profit short of analyst expectations.
Bradesco SA is setting aside 2.7 billion reais
($506.1 million) to cover expected loan losses caused by the
COVID-19 pandemic, it said on Thursday after posting
first-quarter profit short of analyst expectations.
Posted by Reuters
