Banco Bradesco S.A. is a Brazilian publicly quoted bank with headquarters in Osasco, in the São Paulo, in Brazil. It is currently the third largest Brazilian bank by total assets. The bank is the world’s thirtysecond largest in market capitalization in 2014.
Banco Bradesco has 5,314 branches, 4,834 service branches and 38,430 banking correspondents. Banco Bradesco customers can also use 34,859 automatic teller machines and 12,975 ATMs of the Banco24Horas, a Brazilian third-party ATM network.
Banco 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 31,474 Banco Bradesco ATMs and 5,549 Banco24Horas ATMs.
Banco 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, Banco Bradesco have one branch in New York and two in Grand Cayman, and banking or financial subsidiaries or affiliates in London, Luxembourg, Hong Kong, Buenos Aires, Grand Cayman, Tokyo and Mexico.
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, American Express and HSBC Brasil. Banco Bradesco grew its value by more than 50 percent compared with 2017.
Banco 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.
Traded as: B3: BBDC3, BBDC4; NYSE: BBD; BMAD: XBBDC; Ibovespa Component
Industry: Financial services
Founded: March 10, 1943; 77 years ago in Marília, São Paulo, Brazil
Headquarters: Osasco, São Paulo, Brazil
Products:
- Banking
- Investment banking
- Private equity
- Asset management
- Private banking
- Insurance
- Retail Banking
Subsidiaries: Bradespar; Bradesco Seguros