Earnings

Banco Bradesco S.A. Q1 2010 Earnings Call Transcript

 

Slide five, I’d like to point out our operational efficiency ratio which closed the first quarter 2010 at 21.2%, a substantial improvement over the first three months of 2009 as a result of increase in our fee income and net interest income. And the quarterly comparison, the upturn was caused by the increase in order of (inaudible) and personnel expenses impacted by high organic growth and partially due to incorporation of Banco Ibi.

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