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The board of Banco Santander (Brasil) S/A (NASDAQ: BSBR) (SANB4.BR), the Brazilian unit of Spanish bank Banco Santander SA (NYSE: STD) (SAN.MC), has said that it has approved a stock-buyback programme totalling 57 million shares, valued at BRL836.2m (USD519.4m).
The rival bidders in the deal included state-run Banco do Brasil SA (OTC: BDORY) (BBAS3.BR) and the private sector's Itau Unibanco SA (ITUB) (NYSE: ITU) (ITUB4.BR), along with Banco Santander Brasil (SANB4.BR) (NASDAQ: BSBR), Brazil largest private-sector bank.
Banco Santander Brasil SA (NASDAQ: BSBR) (SANB11.BR) has exited from a debit and credit card processing joint venture as part of a restructure since its acquisition of the local unit of ABN Amro Bank (NYSE: ABN).
Banco Santander Brasil SA (BSBR) (SANB11.BR), the Brazilian unit of Spanish bank Banco Santander SA (NYSE: STD) (SAN.MC) has reported a first-half net profit of BRL2.02bn (USD1.14bn), up from BRL1.01bn a year earlier.
Banco Santander Brazil SA (BSBR) has sold USD500m in five-year senior unsecured notes on Wednesday at 200 basis points over Treasury's to yield 4.552 percent.
Santander Brasil (SANB11.SA) (BSBR.N) is expecting significant growth in its recently unveiled credit card processing venture in Brazil.
Banco Santander Brasil SA (NYSE: BSBR) (SANB11.BR), the Brazilian unit of Spanish bank Banco Santander SA (NYSE: STD) (SAN.MC), has reported a net profit of BRL1.59bn (USD863m) for the fourth-quarter, up from BRL906m a year earlier.
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- BSc (Hons)
- BSC Main Processor
- BSC ro
- BSC-1 cell growth inhibitor