SOURCE: StockCall

StockCall

August 01, 2011 09:09 ET

Analyst Research on Banco Bradesco S.A. and Banco Santander (Brasil) S.A. - Brazil Banking Sector Shakes Off Tough Start to 2011

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Aug 1, 2011) - www.stockcall.com/ offers investors comprehensive research on the Foreign Regional Banks industry and has completed analytical research on Banco Bradesco S.A. (NYSE: BBD) and Banco Santander (Brasil) S.A. (NYSE: BSBR). Register with us today at www.stockcall.com/ to have free access to these researches.

Several factors made life difficult for the Brazilian banking sector so far this year. The central bank took some actions to slow credit growth and avoid overly reckless economic activities. The Brazilian central bank raised interest rates, reserve requirements and taxes on consumer loans. The higher interest rates meant higher interest incomes, though many signs exist that the asset quality across the sector may not be overly strong. In-household leverage appears to be high and the debt appetite of Brazilians may be finally dwindling. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Foreign Regional Banks industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the Foreign Regional Banks industry can have easy and free access to our analyst research and opinions on Banco Bradesco S.A. and Banco Santander (Brasil) S.A.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.

The sector still saw a strong measure of loan growth, however. Banco Santander (Brasil) S.A. recently announced that its loan portfolio has expanded by around 18% so far this year. The company has acknowledged that it is comfortable with this growth, though loan defaults seemed to be increasing as well in the second quarter. Investors looking for complimentary research on Banco Santander (Brasil) S.A. are welcome to sign up at www.stockcall.com/BSBR010811.pdf for our new report.

With the country's economy expected to expand around 4% this year, banks could be in for sustained profits. Companies like Banco Bradesco S.A. which actually saw its non-performing loan rate drop to 3.7% in Q2 from 4% a year earlier, are seeing both consumer and commercial credit portfolios expand. While this means a higher amount of provisions will have to be set aside to cover these expenses, the sector will benefit if the economy continues to remain healthy. Investors looking for free research on Banco Bradesco S.A. are welcome to sign up at www.stockcall.com/BBD010811.pdf for our new report.

Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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