Business & Finance
Brazil's loan growth surprising
SAO PAULO : Lending growth at Brazilian lender Banco Bradesco has surprised executives "on the upside," Chief Financial
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Robust growth in loan disbursement for large companies might slow toward the end of the year, Abreu said on a conference call with reporters.
The segment is growing at a 27 percent annual pace, above the bank's 15 percent to 19 percent overall credit growth estimate for 2011.
Copyright Reuters, 2011