Monday, August 6, 2007

UPDATE 1-Brazil's Bradesco posts bigger profit in 1st half

(Reuters) - Bradesco, which is based in Sao Paulo, did not immediately
report a breakdown of its second-quarter earnings. The bank
previously reported a net profit of 1.705 billion reais in the
first quarter.




In a statement to Brazil's securities regulator, Bradesco
said its credit portfolio had reached 130.82 billion reais at
the end of June, up 23 percent from a year ago.


Read more at Reuters.com Market News

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