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Reuters first with positive outlook for LATAM’s largest bank 05.07.2009 Reuters was ahead with news on May 7 that Itau Unibanco, Latin America’s largest bank by assets, was indicating that their bad loans rate will stabilize at around 7 percent in the third quarter and start rebounding by the end of the year. Alfredo Setubal stated in a Reuters interview via Project Insider that the rate “will stabilize because we believe (the Brazilian) economy will start to have positive GDP growth in the last quarter.” Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

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Companies, sectors, M&A and the financial industry

Reuters first with positive outlook for LATAM’s largest bank

05.07.2009

Reuters was ahead with news on May 7 that Itau Unibanco, Latin America’s largest bank by assets, was indicating that their bad loans rate will stabilize at around 7 percent in the third quarter and start rebounding by the end of the year. Alfredo Setubal stated in a Reuters interview via Project Insider that the rate “will stabilize because we believe (the Brazilian) economy will start to have positive GDP growth in the last quarter.”

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here