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Montevideo, April 26th 2024 - 04:03 UTC

Tag: Allan Toledo

  • Thursday, June 16th 2011 - 13:26 UTC

    Banco do Brasil plans to expand into Chile, Peru and Colombia

    Allan Toledo, BB international private banking and wholesale vice president

    Banco do Brasil, Latin America’s biggest bank by assets, is considering buying lenders in Colombia, Peru and Chile to attract corporate clients and increase business with Brazilian companies in the region. Last month the bank announced the reopening of its branch in Montevideo, Uruguay.

  • Tuesday, April 26th 2011 - 01:46 UTC

    Banco do Brasil moves into the US and buys Florida based bank

    Allan Toledo, Banco do Brasil's international business vice president

    Latin America's largest bank by assets, Brazil's government-controlled Banco do Brasil will invest 25 million US dollars in its newly acquired U.S. operations as it continues to roll out its international expansion plan. The announcement follows the signing on Monday of a contract to buy Florida based EuroBank for 6 million US dollars.