By Ben Tavener, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – Banco do Brasil (Bank of Brazil, BB) announced yesterday that it would be reducing interest rates on personal and corporate loans. The new rates will take effect on Monday, April 23rd, and will be second cut in the rates this month.
According to the bank, Brazil’s largest and longest-running, the latest rate adjustments reflect changes in the Subscribe to our Premium Membership Plan. Already Subscribed? Login Here