Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 166

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 166
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, as amended,  
     which defines and consolidates the rules of compulsory collection on savings deposit resources. The balance of the account is remunerated 
                                           by the “TR” plus interest, as detailed in the same resolution.                                      
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98 – Form 20-F 2024 | Bradesco
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Ø                                               In February 2013, the Central Bank of Brazil defined                                           
    rules for financial cost collection on non-compliance with compulsory deposit, reserve or compulsory assignment requirements. The financial
              cost charged to institutions that failed to comply with these requirements was adjusted to the SELIC rate plus 4.0% p.a.         
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Ø                                            In February 2022, BCB Resolution No. 188/22 was amended,                                        
    which defines and consolidates the rules of compulsory collection on savings deposit resources. In the same month in 2022, BCB Resolution
               No. 190/22 was issued, extinguishing the enforceability regarding the compulsory collection of deposit resources and          
                                      guarantees made, which was incorporated in BCB Resolution No. 189/22.                                  
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 Additionally, present Central Bank of Brazil regulations require that we:
 
·   allocate a minimum of 30.0% of demand deposits to providing rural loans;
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·   maintain investments of at least 2.0% of demand deposits in targeted productive microcredit program operations;
                                                          and                                                      
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·   allocate a minimum of 65.0% of the total amount of deposits in savings accounts to finance residential
                                                 real estate.                                             
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 Standards on compulsory deposits and additional reserve requirements are periodically altered by the Central Bank of Brazil.
 
4.B.70.02-06 Asset composition requirements
 According to CMN Resolution No. 4,677/18, as amended, financial institutions headquartered in Brazil must limit their exposure to a single client to a maximum amount of 25.0% of Tier 1 of its RE, or 15% of Tier 1 of its RE if the institution is listed as systemically important in the global scope by the Financial Stability Board.
 BCB Resolution No. 76/21 regulates the instruments of operation of the Central Bank of Brazil in the Brazilian foreign exchange market for the purposes of implementing the exchange rate policy, establishing that the terms of the repurchase operations for the purchase of foreign currency with a commitment to resell and sell foreign currency with a commitment to repurchase, correspond