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Brazil's Bradesco beats quarterly profit expectations

Relatively slow growth in the lender's operating costs were another highlight, reaching 11.53 billion reais, or 4.9% above the previous year, but well below Brazil's June 12-month inflation rate of 11.89%. The bank's consolidated loan book expanded 17.7% to 855.38 billion reais, while personal loans grew 19.6%.
Banco Bradesco

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