3 de febrero de 2015 / 14:28 / hace 3 años

Itau has no plans for additional provisions, CEO says

SAO PAULO, Feb 3 (Reuters) - Itau Unibanco Holding SA has no plans to set aside extraordinary loan-loss provisions in the short term, Chief Executive Officer Roberto Setubal said on Tuesday, suggesting he is comfortable with provisions despite a deteriorating climate for the economy.

Guidance for provisions between 13 billion reais and 15 billion reais ($4.8 billion - $5.5 billion) this year "assume all potential scenarios for a difficult year," Setubal said at an event to discuss fourth-quarter earnings.

$1 = 2.7 reais Reporting by Guillermo Parra-Bernal; Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below