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Bradesco Chief Sees Limited M&A Opportunity

Nov 7, 2008

Marcio Cypriano, CEO of Bradesco, tells LatinFinance he sees few opportunities to grow through acquisition, and that his institution is focused on organic growth in the wake of Itau’s planned purchase of Unibanco. “The opportunities to buy [another bank] are very limited. The Brazilian [bank] market is clearly defined,”...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

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