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Banco do Brasil shares plunge after profit forecast cut

FinanceInternationalLa República15 s readAI summary

Banco do Brasil SA cut its profit forecasts and said credit conditions had worsened in its large portfolio of loans to agricultural companies. The move was reflected in a sharp fall in its shares amid a deterioration in the outlook for the lender.

Read the full story at La República

IASummary generated by artificial intelligence from a story by La República. It may contain errors: the original source prevails.

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