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KM Financial Solutions | UPDATE 1-Brazil’s Itaú reduces loan provisions, posts higher profit
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UPDATE 1-Brazil’s Itaú reduces loan provisions, posts higher profit

30 Oct UPDATE 1-Brazil’s Itaú reduces loan provisions, posts higher profit

Posted at 00:27h in News by
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SAO PAULO, Oct 30 (Reuters) – Brazil’s largest bank, Itau
Unibanco Holding SA, posted a 6.25 billion reais
($1.9 billion) profit on the third quarter as it managed to
improve loan book quality, offsetting the reduction of net
interest income.

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