KM Financial Solutions | UPDATE 1-Banco do Brasil’s profit jumps on consumer lending, lower tax
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UPDATE 1-Banco do Brasil’s profit jumps on consumer lending, lower tax

UPDATE 1-Banco do Brasil’s profit jumps on consumer lending, lower tax

Banco do Brasil SA
on Thursday reported a 20.3% rise in fourth-quarter profit
helped by higher consumer lending and lower tax expenses, with
the bank also saying it could achieve double-digit net income
growth in 2020.

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