UPDATE 2-Brazilian bank Bradesco boost provisions, shares slump
Brazilian lender Banco
Bradesco SA is setting aside 2.7 billion reais
($506.1 million) for expected COVID 19-related loan losses and
may provision more in the coming months amid what its chief
executive called a more severe crisis than previous ones.
Bradesco SA is setting aside 2.7 billion reais
($506.1 million) for expected COVID 19-related loan losses and
may provision more in the coming months amid what its chief
executive called a more severe crisis than previous ones.
Posted by Reuters
