Brazilian American Chamber of Commerce, Inc.

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Banco Bradesco was founded in 1943 as a commercial bank under the name “Banco Brasileiro de Descontos S.A.”. In 1948, we entered a period of intense expansion, which made us becoming Brazil’s largest commercial bank in the private sector at the end of the 1960s. We expanded our activities nationwide during the 1970s, conquering Brazilian urban and rural markets. In 1988, we incorporated our housing loan subsidiaries, our investment bank, and our finance company, making us a multiple bank and then we changed our name to Banco Bradesco S.A.

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