Panel SA: Bradesco opens pre-approved credit line of R$75 billion for small and medium-sized companies

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Panel SA: Bradesco opens pre-approved credit line of R billion for small and medium-sized companies

Bradesco announces this week a new pre-approved credit line of BRL 75 billion for the segment of small and medium companies. The bank says it will have rates starting at 0.90% per month.

According to Bradesco, the line should meet the end-of-year demand of small businesses for working capital, anticipation of 13th and other demands for the resumption of business in the pandemic.

The credit portfolio of the small and medium companies segment was the one that grew the most in the last 12 months, with an increase of 35.3%, above the 16.4% of Bradesco’s total, according to the bank.

with Mariana Grazini e Andressa Motter

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