Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 157

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 157
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 experiences for the cardholder.
 
4.B.60.04 Consortia
 In December 2024, according to the Central Bank of Brazil, the consortia market included 130 administrators, divided between the bank, manufacturer and independent administrators.
 Our main competitors are Banco do Brasil and Porto Seguro in the real estate segment; Banco do Brasil and Itaú in the movable property segment.
 One of our competitive advantages is the credibility of our brand, the number of our monthly draws, which reinforces our capacity to manage the groups and the resources of the consortium clients, and our extensive distribution network, with the largest service network throughout Brazil.
4.B.60.05 Investment Bank
 The investment bank market in Brazil is very competitive, involving the participation of national and international financial institutions. Among the main players are Itaú BBA, BTG Pactual, Santander and other national and international institutions. Bradesco BBI has nonetheless achieved significant success in this market, obtaining recognition from renowned international agencies that follow the sector globally.
4.B.60.06 Leasing
 In general, our main competitors in the Brazilian leasing market are Banco IBM, Santander Leasing and Daycoval Leasing. We believe we currently enjoy certain competitive advantages, as we have a larger service network than any of our private sector competitors.
 
4.B.60.07 Asset management
 In 2024, the asset management industry in Brazil managed funds worth R$9.2 trillion in shareholders’ equity, according to ANBIMA’s investment funds management ranking. Bradesco Asset held a portion of R$781.2 billion or 8.5% of the market share. We are one of the leading institutions as measured by the number of investment fund clients with 3.5 million shareholders. Our main competitors are BB DTVM and Itaú Unibanco.
 
4.B.60.08 Insurance
 According to SUSEP/ANS, in 2024, we were market share leaders in the Brazilian insurance market. Grupo Bradesco Seguros faces growing competition from several domestic and multinational companies in all branches of this sector, which has changed in Brazil in recent years. In this respect, the main competitive factors are price, financial stability, and recognition of the name and services provided by companies. With respect to services, competition primarily involves the ability to serve the branches that market such services, including the claims handling, automation level, and development of long-term customer relationships.
 Our principal competitors are SulAmérica, Porto, BB