Tag: Banco do Brasil

Brazil’s Latest Fraud Case Involves US$ 2.5 billion and World’s Largest Beef Exporter

Brazilian police launched the so-called Greenfield Operation, an investigation of fraud at state-run companies’ ...

Rural Workers Invade Bank of Brazil to Make Their Case

On the morning of March 11, dozens of farmers involved in the social movements ...

In Brazil, 3 Private and 2 State Banks Concentrate 66% of Assets

According to the Brazilian Central bank figures quoted by financial and business daily Valor, ...

Brazil Hands Out US$ 3.7 Billion for 2008/2009 Crop

State-owned Bank of Brazil (BB) has disbursed 6.7 billion Brazilian reais (US$ 3.7 billion) ...

A Banco do Brasil branch in Brazil

Brazil’s Financing for Exporters Grows 45%

Bank of Brazil, a state-owned financial institution, ended the month of April with an ...

Mass Killings by Drug Gang Don’t Worry Brazilian Investors

Latin American stocks tumbled as investors continued to take profits amid worries about rising ...

Brazil’s Jobless Rate Jump to 10.4% Is Bad News for Market Too

Latin American stocks were mixed, with Brazilian and Argentine shares falling on profit taking ...

State Banks in Brazil Reap Record Profits

Two federally-controlled banks, the Caixa Econômica Federal (basically a savings and mortgage institution) and ...

Bank of Brazil’s Net Profits Jump 73%

Banco do Brasil (Bank of Brazil) ended third quarter of 2005 with a net ...

Brazil’s Ruling Party Diverted US$ 4.5 Million from Bank of Brazil and Lula Is in Danger

Brazilian opposition leaders announced that President Luiz Inácio Lula da Silva will be included ...

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