Banco Bradesco S.A. · Osasco, São Paulo Brazil ·(NYSE: BBD)(Sao Paulo: BBDC3)
Company Description
Phone: +55-11-3684-3311
Fax: +55-11-3684-4570
Rankings
- #141 in FT Global 500
View Banco Bradesco S.A. Locations On A US Map
This link will open in a new window
This link will open in a new window Banco Bradesco is a giant bank for the little guy. This no-frills bank has served low- and medium-income individuals in Brazil since the 1960s. Bradesco is not only the country's largest private-sector bank, with some 6,000 banking branches and outlets and a network of 26,000 ATMs, but is also a leader in insurance and pension management. Additionally, Bradesco offers savings plans, leasing, auto financing, and credit card services (including grocery and drug store cards). The company has offices that serve Brazilian residents and businesses in Argentina and Japan. Brokerage subsidiary Bradesco Securities operates in the US and the UK. Banco Bradesco Luxembourg provides private banking services. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Banco Bradesco S.A. Executives
68 executives listed for Banco Bradesco S.A.'s Osasco, São Paulo location.
| Title | Name & Bio | Contact |
| Chairman | Lázaro de Mello Brandão | Network |
| Vice Chairman | Antônio Bornia | Network |
| CEO and Board Member | Luiz Trabuco Cappi | Network |
Competition
Competitive Landscape for Banco Bradesco S.A.
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top Banco Bradesco S.A. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!