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Banco Bradesco Snapshot
Big banking in Brazil is provided in part by Banco Bradesco, which holds more than R$635 billion ($340 billion) in assets and has more than 60 million clients. As one of Brazil's largest private sector banks (Banco do Brasil is at the top), Banco Bradesco offers retail banking services through more than 8,000 branches and offices. It also offers private, middle-market, and corporate banking, savings plans, leasing, auto financing, and credit cards. Brokerage subsidiary Bradesco Securities operates in the US and the UK, while Banco Bradesco Europe provides asset management, private banking, and trade finance services across the European Union. Bradesco was founded as Banco Brasileiro de Descontos in 1943.
