{"id":51001,"date":"2015-05-14T17:41:00","date_gmt":"2015-05-14T19:41:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/banco-do-brasils-profit-doubled\/"},"modified":"2019-06-30T13:00:06","modified_gmt":"2019-06-30T16:00:06","slug":"banco-do-brasils-profit-doubled","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/banco-do-brasils-profit-doubled\/","title":{"rendered":"Banco do Brasil\u2019s profit doubled"},"content":{"rendered":"<p>Bras&iacute;lia &ndash; Banco do Brasil &ndash; BB (Bank of Brazil) reported this Thursday (14th) that it has posted a net profit of R$ 5.818 billion (US$ 1.93 billion) in Q1 2015. The amount is 93.3% higher than the R$ 3 billion (US$ 998.9 million) recorded in Q4 2014 and 115.4% higher than the R$ 2.7 billion (US$ 899 million) of Q1 2014.<\/p>\n<p>The institution also recorded R$ 1.524 trillion (US$ 507.4 billion) in assets in March 2015, an increase of 11.2% year-to-year and an increase of 6% over Q4 2014.<\/p>\n<p>BB is the largest institution in assets among companies of the financial sector in Latin America. According to the bank&rsquo;s release, the performance in Q1was supported especially by the expansion of the credit portfolio, which reached R$ 776.9 billion (US$ 258.6 billion) last March, an increase of 11.1% year-to-year and of 2.1% over Q4.<\/p>\n<p>According to BB, the bank kept the top spot in credit at the National Financial System (SFN), with 20.8% of market share. <\/p>\n<p>According to the release, the delinquency rates of the bank &ldquo;remained on lower levels than the ones seen at the SFN&rdquo;. At the end of March 2015, the rate operations with more than 90 days overdue represented 2.05% of the credit portfolio. The financial institution pointed out that, in the same period, SFN recorded a delinquency rate of 2.8%. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The institution\u2019s net profit reached US$ 1.9 billion in Q1, an increase of 115% over the same period of last year and of 93% over Q4 2014.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-51001","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The institution\u2019s net profit reached US$ 1.9 billion in Q1, an increase of 115% over the same period of last year and of 93% over Q4 2014.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=51001"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51001\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=51001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=51001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=51001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}