Banco do Brasil inks loan deal with Votorantim

martes 12 de agosto de 2014 17:25 GYT

SAO PAULO Aug 12 (Reuters) - Brazil's biggest lender Banco do Brasil approved on Tuesday a partnership with Votorantim Financas to expand its businesses with focus on payroll deductible loans.

Banco do Brasil said in a securities filing that the subsidiary of Banco Votorantim will promote sales. (Reporting by Aluisio Alves; Writing by Alonso Soto; Editing by Chris Reese)