Banco Bradesco

Source: Wikipedia, the free encyclopedia.
Banco Bradesco S.A.
Websitebanco.bradesco
Footnotes / references
[1][2][3][4][5]

Banco Bradesco S.A. is a Brazilian

Madrid Stock Exchange
.

Its primary financial services revolve around

savings bonds. The bank also provides personal and commercial loans, as well as leasing services. Bradesco is a pioneer in using the ATM biometric reading system in Brazil, which enables customers to be identified using the vascular pattern of their hands, serving as a complementary password, available at its 31,474 own ATMs and 5,549 ATMs of Banco24Horas
, a Brazilian third-party ATM network.

Bradesco has 5,314

automatic teller machines and 12,975 ATMs of the Banco24Horas. Internationally, Bradesco have one branch in New York, two branches in Grand Cayman, and banking or financial subsidiaries or affiliates in London, Luxembourg, Hong Kong, Buenos Aires, Grand Cayman, Tokyo and Mexico.[1]

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

BBVA), J.P. Morgan Fleming Asset Management, American Express and HSBC Brasil.[7] Banco Bradesco grew its value by more than 50 percent compared with 2017.[8]

Currently the bank is on the top 3 of the most valuable Brazilian brands.[9]

Slogan

Entre nós, você vem primeiro means "Between us, you come first" in Portuguese.[10]

History

  • March 10, 1943: Banco Brasileiro de Descontos S.A. founded by Amador Aguiar[11] in Marília, in the state of São Paulo. The bank targets small landowners, retailers, and government employees.
  • 1946: Banco Bradesco moves headquarters to São Paulo.
  • 1951: Banco Bradesco grows to become the largest private bank in Brazil.
  • 1953: Banco Bradesco moves headquarters to Cidade de Deus, Osasco, São Paulo.
  • 1956: Amador Aguiar creates Fundação Bradesco, the biggest education program in Brazil.
  • 1962: Banco Bradesco is the first Latin American company to buy a computer.
  • 1968: Banco Bradesco launches the first credit card in Brazil.
  • 1970s: Banco Bradesco acquires 17 banks throughout the country.
  • 1978: Banco Bradesco branch no. 1000 is inaugurated in Chuí at the southern tip of Brazil.
  • 1991: Amador Aguiar died at 86 in São Paulo.
  • 1996: Banco Bradesco the first Latin American
    Internet Banking
    system.
  • 1997: Banco Bradesco Banco BCN
  • 2000: Banco Bradesco Argentina commences operations in Buenos Aires. Bradesco Securities commences operations in New York.
  • 2010: Banco Bradesco buys Ibi Mexican (Ibi Services S. de R. L. México) subsidiary, also controlled by C&A.[12]
  • 2011: Banco Bradesco is ranked fourth among the world's 500 greenest companies and first among Brazilian companies, according to a list disclosed by Newsweek, prepared in partnership with the consulting firms Trucost and Sustainalyctis.[13]
  • 2015: Banco Bradesco buys HSBC Brazilian unit for $5.2 billion.[7]
  • 2019: Banco Bradesco buys american BAC Florida Bank from Nicaraguan Grupo Pellas for $500 million.[14] Lázaro de Mello Brandão, President for 36 years, died aged 93.[15]
  • 2020: Banco Bradesco reaches agreement to acquire JPMorgan Chase & Co.'s Brazilian private banking clients. JPMorgan will continue to provide Brazilian clients with products and services abroad.[16]
  • 2021: Banco Bradesco buys minority stake in american fintech BCP Global.[17]
  • 2022: Banco Bradesco reaches agreement to acquire BNP Paribas Brazilian wealth management operations. BNP Paribas will continue to provide Brazilian clients with products and services abroad.[18] BAC Florida Bank renamed Bradesco Bank. [19]
  • 2023: Bradesco celebrates 80th Anniversary

See also

  • ATM Industry Association (ATMIA)

References

  1. ^
    Banco Bradesco S/A. 2017-04-30. Retrieved 2017-05-03.[permanent dead link
    ]
  2. Banco Bradesco S.A. Archived from the original
    on 2011-08-25. Retrieved 2017-05-03.
  3. ^ "Banco Bradesco on the Forbes Global 2000 list". Forbes. 2013-05-01. Retrieved 2013-05-25.
  4. ^ "Executive Officers" (PDF). 2023-12-20. Retrieved 2023-12-25.
  5. ^ "Board of Directors" (PDF). 2022-12-21. Retrieved 2023-12-25.
  6. Banco Bradesco S.A.
    2012-09-30. Retrieved 2012-12-23.
  7. ^ a b "HSBC says to sell Brazil unit to Bradesco for $5.2 billion". Reuters. 2015-08-03. Retrieved 2015-08-03.
  8. ^ "brandZ | LatAm Report". brandz.com. Retrieved 2019-02-13.
  9. ^ "Banks and beer top Brazil's 10 most valuable brands". The Brazilian Report. 2022-05-03. Retrieved 2022-06-29.
  10. Money Times
    . Retrieved 2023-12-23.
  11. Banco Bradesco S.A. 2013-03-10. Archived from the original
    on 2013-09-17. Retrieved 2013-07-02.
  12. Banco Bradesco S.A. 2010-06-02. Archived from the original
    on 2012-02-29. Retrieved 2010-06-18.
  13. ^ "World's Greenest Companies". Newsweek. 2011-10-16. Retrieved 2011-11-26.
  14. ^ "Brazil's Bradesco to buy Florida bank to focus on wealthy individuals". Reuters. 2019-05-06. Retrieved 2023-02-17.
  15. ^ "Ex-presidente do Bradesco, Lázaro Brandão morre aos 93 anos". G1. 16 October 2019.
  16. ^ "JPMorgan to exit private banking business in Brazil, Bradesco says". Reuters. 2020-09-01. Retrieved 2020-09-22.
  17. ^ "Miami Fintech Joins With Bradesco to Offer Digital Investments". Bloomberg. 2021-12-08. Retrieved 2023-02-18.
  18. ^ "France's BNP Paribas transfers wealth management ops in Brazil to Bradescolanguage=en". Reuters. 2022-06-22. Retrieved 2020-09-22.
  19. ^ "Bradesco Wants to Speed Up Its US Expansion With Fintech Deals". Bloomberg. 2022-12-19. Retrieved 2023-02-18.

External links

Wikimedia Commons has media related to Bradesco.


Retrieved from "https://en.wikipedia.org/w/index.php?title=Banco_Bradesco&oldid=1218093413"