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Banco Regional de Desenvolvimento do Extremo Sul (Brazil)

Main Activities: Commercial Banking
Full name: Banco Regional de Desenvolvimento do Extremo Sul Profile Updated: September 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

The Banco Regional de Desenvolvimento do Extremo Sul (BRDE) is a public financial institution founded on June 15, 1961 by the states of Rio Grande do Sul, Santa Catarina, and Paraná. Its main objective is to support and promote the development of projects to increase the competitiveness of enterprises of all sizes in the southern region of Brazil. BRDE is known for providing long-term financing for investments and has the ability to turn projects into realities. It operates under the control and supervision of the Court of Auditors and the Central Bank of Brazil. As of the end of 2021, the bank had 469 employees across the three states. The administrative headquarters and branch of BRDE are located in Porto Alegre, with additional branches in Florianópolis and Curitiba. The bank also has a representative office in Rio de Janeiro and a promotional space in Campo Grande. It has promotional spaces in 15 cities in the southern region. Please note that the summary does not include information about the company's history, main products and services, customers, or main markets, as these details were not mentioned in the source.

Headquarters
Rua Uruguai 155, 4 Andar, Centro
Porto Alegre; Rio Grande do Sul; Postal Code: 90010140

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Website: http://www.brde.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 28, 1967
Key Executives
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President
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Director
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Director
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Director
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Director
Company Performance
Financial values in the chart are available after Banco Regional de Desenvolvimento do Extremo Sul report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net interest income
-25.65%
Net fee and commission income
46.91%
Operating profit (EBIT)
-45.57%
Net Profit (Loss) for the Period
-46.14%
Total assets
17.26%
Loans and advances to customers
19.14%
Total equity
8.81%
Total Assets Trend
6.11%
Net Interest Income Trend
N/A
Cost to Income Ratio
15%
Loans to Deposits Ratio
-57528.75%
Loans to Asset Ratio
1.31%

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