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Banco do Brasil Achieves Record Profit of R$17.8 Billion in 2019

RIO DE JANEIRO, BRAZIL - Banco do Brasil (Bank of Brazil - BB) achieved a record profit of R$17.8 billion (US$4.5 billion) in 2019, 32.1 percent higher than in 2018.

In the last quarter of 2019 alone, the banking institution had already achieved an adjusted net profit of R$4.6 billion. This figure represented an increase of 20.3 percent in relation to the total in the last quarter of . . .

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