It recently disclosed its corporate governance policy and increased by 15% its monthly dividends, which it has been distributing on a monthly basis since 1970. A share buy-back programme was launched last May, which enabled the group to repurchase up to 1.6% of its free float.
Bradesco is focused on enhancing profitability and returns, while improving its efficiency ratio. The group’s stated aim is to maintain tight cost control, maximising the synergy gains from acquisitions of banks, and reducing operating costs by means of investments in technology, which decreases the costs of transactions.
