Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 161

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 161
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·                  is prohibited from conducting loans with related parties, according to Law No. 4,595/64 and CMN Resolution               
    No. 4,693/18. Exempted from the prohibition are loans with related parties that comply with the conditions provided by Law No. 4,595/64.
            CMN Resolution No. 4,693/18 explains who are considered related parties, from the Central Bank of Brazil’s perspective.         
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·                    CMN Resolution No. 4,693/18 also brought a definition of qualified shareholding, which is considered a                 
    direct or indirect stake owned by individuals or companies in the capital of financial institutions and of leasing companies or by these
    latter two institutions in the capital of companies, equivalent to 15% or more of the respective shares or quotas representing the share
    capital. The restrictions with respect to the concentration limit to a single person or group do not apply to interbank deposits entered
                           into by financial institutions subject to the consolidation of their financial statements.                       
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·                    On September 26, 2022 the Central Bank of Brazil issued BCB Resolution No. 246/22, establishing maximum                  
     limits for the interchange fee and prohibiting the establishment of different maximum terms for making funds available to the receiving  
      end user in domestic payment arrangements, purchase, prepaid payment and deposit accounts. According to the Resolution, as of April 1,  
    2023, the maximum limits related to the interchange fee will respect the following percentages: (a) 0.5%, to be applied in any transaction
              classified as deposit accounts; and (b) 0.7%, to be applied in any transaction classified as prepaid payment accounts.          
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·                   On March 28, 2023, the Plenary of the National Social Security Council issued Resolution CNPS/MPS No.                 
    1,351/23, which established that the INSS must set the maximum interest rate per month for payroll loan operations for social security
                benefits at 1.97% and, for operations carried out by means of credit card and payroll benefit card, at 2.89%.             
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4.B.70.02-02 Punitive instruments applicable to Financial Institutions
 Law No. 13,506/17 and BCB Resolution No. 131/21, as amended, regulate the administrative sanctioning process in the sphere of activity of