Banco Bradesco
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Banco Bradesco
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| Type | Sociedade Anônima |
|---|---|
| Traded as | BM&F Bovespa: BBDC3, BBDC4 NYSE: BBD BMAD: XXBDC |
| Industry | Financial services |
| Founded | 1943 |
| Headquarters | Osasco, Brazil |
| Key people | Luiz Carlos Trabuco Cappi, (CEO)) Lázaro de Mello Brandão, (Chairman) |
| Products | Banking Investment banking Private equity Asset Management Private banking Insurance Retail Banking |
| Revenue |  US$ 48.9 billion (2011) [1] |
| Net income | US$ 5.8 billion (2011) [2] |
| Total assets | US$ 432.5 billion (2012) |
| Employees | 104.684[3] |
| Subsidiaries | Bradespar Bradesco Seguros |
| Website | www.bradesco.com.br |
Bradesco is one of the biggest banking and financial services company in Brazil. Bradesco was the largest private bank in Brazil until Banco Itaú and Unibanco merged in 2009. Bradesco is headquartered in Osasco, has 4,634[4] branches and 34,516[5] Automatic Teller Machines. Bradesco customers can also use the 12,455 ATMs of the Banco24Horas, one Brazilian third-party ATM network.
Bradesco offers Internet Banking, insurance, pension plans, annuities, credit card services (including football club affinity cards for soccer fans) for customers, and savings bonds. The bank also provides personal and commercial loans, as well as leasing services. Internationally, Bradesco has branches in New York, Grand Cayman and Nassau, and banking or financial subsidiaries or affiliates in London, Nassau, Luxembourg, Buenos Aires, Grand Cayman and Tokyo.
Banco Bradesco is constantly expanding and has recently acquired Banco do Estado do Maranhão, Banco Mercantil de São Paulo, Banco Ibi S.A., and the Brazilian operations of Banco Bilbao Vizcaya Argentaria (BBVA), J.P. Morgan Fleming Asset Management and American Express.
Bradesco's stock is traded on BM&F Bovespa, where it is part of the Índice Bovespa. It is also listed on the New York Stock Exchange and Madrid Stock Exchange.
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Contents
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Slogan
- Presença é Bradesco (Brazil); it means "Presence is Bradesco".[6]
History
- March 10, 1943: Banco Brasileiro de Descontos founded by Amador Aguiar[7] in the city of Marília in the state of São Paulo. The bank targets small landowners, retailers, and government employees.
- 1946: Bradesco moved headquarters to São Paulo.
- 1951: Bradesco grows to become the largest private bank in Brazil.
- 1953: Bradesco moved headquarters to Cidade de Deus, Osasco, São Paulo.
- 1956: Amador Aguiar create Fundação Bradesco, the biggest education program in Brazil.
- 1962: Bradesco is the first Latin American company to buy a computer.
- 1968: Bradesco launched the first credit card in Brazil.
- 1970s: Bradesco acquires 17 banks throughout the country.
- 1978: The Bradesco branch no. 1000 is inaugurate in Chuí in Brazil extreme south.
- 1991: Amador Aguiar died in São Paulo.
- 1996: Bradesco launched the first Latin American Internet Banking system.
- 1997: Bradesco buys Banco BCN.[8]
- 2000: Banco Bradesco Argentina commences operations in Buenos Aires. Bradesco Securities commences operations in New York.
- 2003: Bradesco buys BBVA's Brazilian subsidiary.
- 2006: Bradesco buys American Express Brazilian subsidiary.
- 2010: Bradesco buys Ibi Brazilian (Banco Ibi S.A. - Banco Múltiplo) subsidiary, that was controlled by C&A.[9]
- 2010: Bradesco buys Ibi Mexican (Ibi Services S. de R. L. México) subsidiary, that was controlled by C&A.[10]
- 2011: Bradesco ranked fourth among the world's 500 greenest companies and first among the Brazilian companies, according to list disclosed by Newsweek, prepared in partnership with the consulting firms Trucost and Sustainalyctis.[11]
See also
References
- ^ [1] Bradesco's revenue 2010
- ^ [2]
- ^ [3]
- ^ "Bradesco Branches". Banco Bradesco S/A. 2012-01-01. http://www.bradescori.com.br/site/conteudo/interna/default.aspx?secaoId=682&perfilConteudoId=1&idiomaId=2. Retrieved 2012-02-18.
- ^ "Bradesco Automatic Teller Machines". Banco Bradesco S/A. 2012-01-01. http://www.bradescori.com.br/site/conteudo/interna/default.aspx?secaoId=791&idiomaId=2. Retrieved 2012-02-18.
- ^ "Presença é Bradesco" (in Portuguese). Banco Bradesco S/A. 2010-01-16. http://www.presencabradesco.com.br. Retrieved 2010-01-16.
- ^ "Uma jornada especial, nos 100 anos de Amador Aguiar" (in Portuguese). Banco Bradesco S/A. 2008-12-12. http://institucional.bradesco.com.br/hotsites/amadoraguiar/index.htm. Retrieved 2008-12-12.
- ^ "Finanças" (in Portuguese). IstoÉ. 2002-09-11. http://www.terra.com.br/istoedinheiro/263/financas/263_novas_facetas_bradesco2.htm. Retrieved 2008-10-05.[dead link]
- ^ "Bradesco adquire Controle Societário do Banco ibi e firma parceria com C&A" (in Portuguese). Banco Bradesco S/A. 2010-06-05. http://www.bradescori.com.br/site/conteudo/noticias/pressRelease-detalhe.aspx?secaoId=603&pressid=946. Retrieved 2010-06-18.
- ^ "Bradesco adquire o Controle Societário do Ibi México e firma parceria com a C&A México" (in Portuguese). Banco Bradesco S/A. 2010-06-02. http://www.bradescori.com.br/site/conteudo/noticias/pressRelease-detalhe.aspx?secaoId=603&pressid=1030. Retrieved 2010-06-18.
- ^ "World’s Greenest Companies". Newsweek. 2011-10-16. http://www.thedailybeast.com/newsweek/2011/10/16/green-rankings-2011-world-s-greenest-companies-photos.banco-bradesco.html. Retrieved 2011-11-26.
External links
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Wikimedia Commons has media related to: Bradesco |
- (Portuguese) The bank's web site
- (Portuguese) The Fundação Bradesco web site
- (Portuguese) Amador Aguiar Biography
- (English) The Fundação Bradesco web site in English
- (English) The bank's Investor Relations web site in English
- (English) The profile of the Bradesco Board of Directors
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