BANK BRADESCO | CIK:0001160330 | 3

  • Filed: 4/30/2018
  • Entity registrant name: BANK BRADESCO (CIK: 0001160330)
  • Generator: SmartXBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1160330/000129281418001496/0001292814-18-001496-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1160330/000129281418001496/bbd-20171231.xml
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  • ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory

    1.     General information

     

    Banco Bradesco S.A. and subsidiaries (“Bradesco”, the “Bank”, the “Company” or the “Organization”) is a publicly-traded company established according to the laws of the Federative Republic of Brazil with headquarters in the city of Osasco, state of São Paulo, Brazil.

     

    Bradesco is a bank that provides multiple services within two segments: banking and insurance. The Bank complies with Brazilian banking regulations and operates throughout all of Brazil. The banking segment includes a range of banking activities, serving individual and corporate customers in the following operations: investment banking, national and international banking operations, asset management operations and consortium administration. The insurance segment covers auto, health, life, accident and property insurance and pension plans as well as capitalization bonds.

     

    The retail banking products include demand deposits, savings deposits, time deposits, mutual funds, foreign exchange services and a range of loans and advances , including overdrafts, credit cards and loans with repayments in installments. The services provided to corporate entities include fund management and treasury services, foreign exchange operations, corporate finance and investment banking services, hedge and finance operations including working capital financing, lease and loans with repayments in installments. These services are provided, mainly, in domestic markets, but also include international services on a smaller scale.

     

    The Organization was originally listed on the São Paulo Stock Exchange (“B3”) and then subsequently on the New York Stock Exchange (“NYSE”).

     

    The consolidated financial statements, in accordance with the IFRS, were approved by the Board of Directors on March 07, 2018.