Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 165

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 165
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 which discloses the motion for a resolution that improves the procedures for calculating the capital requirement for credit risk exposures through internal credit risk classification systems.
 In February 2023, the Central Bank of Brazil issued BCB Resolution No. 291/23, which establishes the procedures for calculating the portion of the RWA regarding exposures to the risk of variation in the value of derivative instruments due to the variation in the credit quality of the counterpart (RWACVA), in addition to amending the Circular No. 3,646/13.
 
4.B.70.02-05 Compulsory Deposits
 The Central Bank of Brazil periodically sets compulsory deposit and related requirements for financial institutions based in Brazil. The Central Bank of Brazil uses reserve requirements as a mechanism to control liquidity in the SFN.
 According to the Central Bank of Brazil’s rules, we must place a percentage of the demand deposits, savings deposits and time deposits we receive from our clients with the Central Bank of Brazil:
 
Ø                                                    Time deposits: we are obliged to deposit                                                
    20.0% of the arithmetic mean of the Value Subject to Collection (VSR) established on the working days of the calculation period, deducted
                                         from R$30 million, in accordance with BCB Resolution No. 145/21.                                    
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                                         Time deposits are represented by bank deposit certificates                                        
(CDBs) and financial bills (income tax exempt); and pay either a fixed or a floating rate, which is typically a percentage of the interbank
                                                interest rate (CDI), as disclosed by COPOM.                                                
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Ø                                                  Demand deposits: we are required to deposit                                                
     21.0% of the arithmetic mean of the VSR, on each working day, determined in the calculation period, deducting R$500.0 million, pursuant  
     to the provisions of BCB Resolution No. 189/22, as amended. The verification of compliance with these requirements is made according to  
    established positions on each day of the period of transactions and the calculation period begins on Monday of one week and ends on Friday
                                                              of the following week.                                                          
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Ø                                                   Savings deposits: each week we are required                                                
    to deposit in an account with the Central Bank of Brazil an amount equivalent to 20.0% of the arithmetic average of the sum of the balances
       entered under the headings of Savings Deposits and Resources of Associated Savers, according to BCB Resolution No. 188/22