Tag: Itau

• Saturday, August 8th 2020 - 08:18 UTC

  Brazil's leading banks giving repayment extensions to some US$ 44bn in outstanding loans

  

  Brazil’s top four listed lenders are giving months-long extensions for consumers and companies to repay 235 billion reais (US$ 43.98 billion) in outstanding loans, a move to give financially squeezed borrowers a breathing room.

• Wednesday, August 5th 2020 - 08:50 UTC

  Leading Brazilian private bank admits difficulties with loan default

  

  Itaú Unibanco Holding SA’s Chief Executive Candido Bracher said on Tuesday that next year he sees Brazil’s 90-day default ratio reaching higher levels than in a previous crisis.

• Thursday, November 7th 2019 - 09:23 UTC

  Brazil's leading bank affected by political instability in Argentina and Chile

  

  Political instability in Argentina and Chile is taking a toll on Itaú Unibanco Holding SA’s businesses beyond its home market of Brazil, Chief Executive Candido Bracher said on Tuesday.

• Tuesday, April 16th 2019 - 08:59 UTC

  Credit risk agencies lower Brazil's growth estimates for 2019

  

  JPMorgan Chase & Co and Barclays became the latest financial institutions to lower their estimates for Brazil’s economic growth this year, on the back of weak activity data and increased political uncertainty.