Banco Bradesco

Overview

Banco Bradesco is Brazilian commercial bank + B3: BBDC4 NYSE: BBD + Fundação Bradesco + Cidade de Deus Companhia Comercial de Participações + Brazilian retail + institutional + foreign investors free float + one of Brazil's largest commercial banks by assets + founded Mar 10 1943 in Marília São Paulo Brazil as Banco Brasileiro de Descontos by Amador Aguiar + ~70M+ Bradesco customers across Brazil [1, br-cro].

History

Mar 10 1943 — Banco Brasileiro de Descontos Bradesco founded in Marília São Paulo Brazil by Amador Aguiar as Brazilian commercial bank targeting small merchants + workers distinctive Brazilian banking heritage.

2016 — Bradesco HSBC Brazil acquisition completed for ~$5.2B consolidating into one of Brazil's largest commercial banks by assets.

2014 — Bradesco Mobile banking app launch.

Ownership & operator

Operating entity: Banco Bradesco SA (Brazilian commercial bank; B3: BBDC4; NYSE: BBD).

Major shareholders: Fundação Bradesco + Cidade de Deus Companhia Comercial de Participações (Bradesco controlling holding) + Brazilian retail + institutional + foreign investors free float.

Regulators: Banco Central do Brasil BCB + national regulators across 9+ countries.

Technical integration

Bradesco Mobile app (iOS + Android; ~70M+ Bradesco customers across Brazil) + bradesco.com.br online + Banco Bradesco branch network across Brazil + US + UK + Mexico + Argentina + Cayman Islands + Luxembourg + Japan + Hong Kong international branches + Bradesco Visa + Mastercard + American Express + Elo cards; PIX (Brazilian national instant payments) + Elo Brazilian national card scheme + Brazilian Real BRL domestic transfers.

Implementations & partners

Major Brazilian banking + payments competitors: [[banco-itau]] (Itaú Unibanco; B3: ITUB4 NYSE: ITUB; Latin America's largest commercial bank by market cap + assets) + [[banco-do-brasil]] (Banco do Brasil; B3: BBAS3; Brazilian state-owned commercial bank) + [[caixa-economica]] (Caixa Econômica Federal; Brazilian state-owned commercial bank) + [[santander-brasil]] (Santander Brasil; B3: SANB11) + [[nubank]] (Nubank; NYSE: NU; Latin America's largest digital-first commercial bank) + pix (PIX Brazilian national instant payments).

Regulators: Banco Central do Brasil BCB + national regulators across 9+ countries.

Status

Active, Brazilian commercial bank + B3:BBDC4 NYSE:BBD + Fundação Bradesco + Cidade de Deus Companhia Comercial de Participações + Brazilian retail + institutional + foreign investors free float + one of Brazil's largest commercial banks by assets + founded Mar 10 1943 in Marília São Paulo Brazil as Banco Brasileiro de Descontos by Amador Aguiar + ~70M+ Bradesco customers across Brazil [1, 2].

Sources

• 1 Bradesco — official
• 2 Bradesco — Wikipedia
• br-cro In-corpus: reports/countries/BR-brazil.md

Source

Biography extracted from bradesco-brasil.md. See matrix.md for standards-support matrix if present.