Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 381

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 381
---
,777                    30,176,989        26,346,068  

  Loans and advances to customers renegotiated  

The total balance of “ Loans and
advances to customers renegotiated” includes renegotiated loans and advances to customers. Such loans contemplate extension of loan
payment terms, grace periods, reductions in interest rates, and/or, in some cases, the forgiveness (write-off) of part of the loan principal
amount.

Renegotiations may occur after debts are
past due or when the Company has information about a significant deterioration in the client’s creditworthiness. The purpose of
such renegotiations is to adapt the loan to reflect the client’s actual payment capacity.

The following table shows changes made
and our analysis of our portfolio of renegotiated loans and advances to customers:

  Schedule of loans and advances to customers renegotiated                                                                                                   
                                                                                                                     R$ thousands                            
                                                                                                             On December 31, 2024      On December 31, 2023  
  Opening balance                                                                                                      39,111,735                34,353,489  
  Amount renegotiated                                                                                                  26,780,598                47,464,851  
  Amount received/Others (1)                                                                                        ( 18,853,221)             ( 31,525,629)  
  Write-offs                                                                                                        ( 12,284,044)             ( 11,180,976)  
  Closing balance                                                                                                      34,755,068                39,111,735  
  Expected loss on loans and advances                                                                               ( 19,091,460)             ( 16,110,380)  
  Total renegotiated loans and advances to customers, net of impairment at the end of the year                         15,663,608                23,001,355  
  Impairment on renegotiated loans and advances as a percentage of renegotiated portfolio                                   54.9%                     41.2%  
  Total renegotiated loans and advances as a percentage of the total loan portfolio                                          4.8%                      6.2%  
  Total renegotiated loans and advances as a percentage of the total loans portfolio, net of impairment                      5.2%                      6.7%  

  (1)      Includes the settlement of renegotiated contracts through new operations.  

At the time a loan is modified, Management
considers the new loan’s conditions and renegotiated maturity, and it is no longer considered past due. From the date of modification