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Cidade de Deus, Prédio Novo 06029-900 Osasco, São Paulo, Brazil Tel. +55-11-3684-3311 Fax +55-11-3684-4570 |
Type: Public
On the web:
http://www.bradesco.com.br
Employees:
95,248
Employee growth: 11.3%
Big banking in Brazil is provided in part by Banco Bradesco, which holds more than R$635 billion ($340 billion) in assets and has more than 60 million clients. As one of Brazil's largest private sector banks (Banco do Brasil is at the top), Banco Bradesco offers retail banking services through more than 8,000 branches and offices. It also offers private, middle-market, and corporate banking, savings plans, leasing, auto financing, and credit cards. Brokerage subsidiary Bradesco Securities operates in the US and the UK, while Banco Bradesco Europe provides asset management, private banking, and trade finance services across the European Union. Bradesco was founded as Banco Brasileiro de Descontos in 1943.
Key numbers for fiscal year ending December, 2010:
Sales: $55,853.6M
One year growth: 13.8%
Net income: $5,783.7M
Income growth: 9.8%
Officers:
Chairman: Lázaro de Mello Brandão
CEO and Board Member: Luiz Carlos Trabuco Cappi
VP and CFO: Domingos Figueiredo de Abreu
Competitors:
Banco do Brasil
Banco Santander
Itaú Unibanco
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