Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 106

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 106
---
 of a minimum number of net assets in
normal market conditions to be used in periods of higher shortage or necessary liquidity in order to maintain the business ongoing and
insure the stability of the financial system. In 2017, the CMN and the Central Bank of Brazil published Resolution No. 4,616/17 and Circular
No. 3,869/17 about the Net Stable Funding Ratio (NSFR), which establish,
respectively, the minimum limit/compliance conditions and the methodology for calculation and disclosure of information to the market.
In order to determine minimum requirements for quantitative liquidity of financial institutions, Basel III proposes two liquidity ratios:
a short-term (LCR) and a long-term one (NSFR). The purpose of the Liquidity Coverage Ratio (LCR) is to show that institutions maintain
sufficient high-liquidity funds to withstand a one-month financial stress scenario. The purpose of the Net Stable Funding Ratio (NSFR)
is to encourage institutions to finance their activities from more stable sources of funding, setting forth the requirement of a ratio
of more than 100% for the LCR and NSFR from January 2019 and 2018, respectively. On January 1, 2020, Circular No. 3,930/19 of the Central
Bank of Brazil, which deals with the Pillar 3 Report and revoked part of Circular No.
3,869/17, concerning the disclosure of NSFR information, was revoked by Resolution BCB No. 54/20, which passed disciplinary action on
the publication of the Pillar 3 Report. As a result of the unfolding of the Covid-19, the Central Bank of Brazil edited Circular No. 3,749/15,
amending the limit of the amount of the total reserve requirements collected in the Central Bank of Brazil, not considered in portions
of (i) free reserves or for release in central banks within the next thirty days; (ii) reserve requirements collected in the Central Bank
of Brazil, concerning savings deposits and demand deposits, limited to the total amount of estimated cash outflows for each one of these
modalities and (iii) other reserve requirements collected in the Central Bank of Brazil, limited to the amount to be returned to the institution
as a result of the defined outflow, from 15% to 30% of total assets of Tier 1 capital of the institution in Brazil.

| 85 – Reference Form – 2024 |

| 2. Officers’ notes