Moody's affirms Banco do Brasil's rating 'Ba1' with a stable outlook

Moody's affirmed this Friday, the 19th, the long-term and short-term local and foreign currency deposit ratings of Banco do Brasil at and , respectively, following the affirmation of the bank's Base Credit Assessment (BCA) and Adjusted BCA at and , respectively. The agency also affirmed the long-term and short-term local and foreign currency Counterparty Risk ratings of the bank at and , respectively, and the long-term and short-term Counterparty Risk Assessments (CRA) at and , respectively. The outlook on the long-term bank deposit ratings remains stable. By affirming the BCA of BB at , Moody's says it recognizes its well-established franchise as the second largest bank by total assets in the country in June 2025. This position is supported by a diversified earnings structure, constant access to core retail deposits, solid liquidity, and an adequate capital cushion above regulatory minimums over the past five years. The rating, however, also recognizes the recent challenges ...