Over the past year, we have once again maintained a low level of default in our portfolio, even in a challenging scenario. This contributed to BOCOM BBM ending the year with a positive result, recording a net income of BRL 273 million in the period.
We operate with agility, efficiency, flexibility and transparency to assist companies from different sectors in accessing credit lines, derivatives and other financial services. Our structure serves the following segments:
We offer loan services backed by several collaterals and also trade finance related credit lines. Our expanded credit portfolio, which includes letters of credit, credit risk operations and collaterals, reached BRL 18.3 billion at the end of 2024. This result represents a growth of 10% compared to the previous year.
Breakdown by Sector | DEC 24
Breakdown by Transaction | DEC 24
Risk Rates | DEC 24
*Credit operations, classified according to the Central Bank of Brazil’s 2,682/99 Resolution.
Empréstimos, Fianças e Garantias Prestadas
Breakdown by Sector | DEC 24
Breakdown by Transaction | DEC 24
Risk Rates | DEC 24
*Credit operations, classified according to the Central Bank of Brazil’s 2,682/99 Resolution.
Empréstimos, Fianças e Garantias Prestadas
We manage fixed income investment funds, with the objective of delivering positive medium and long-term results for our clients, with a strategy focused on private credit funds. This activity is developed by our Asset Management area, which completed its fifth year of operation in 2024.
Currently, we have seven funds in our portfolio, offering options for the most different profiles, from the general public to qualified investors (see table on the side).
At the end of December, we reached the mark of BRL 3.3 billion in assets under management. This amount represents an increase of 43% compared to the previous year, which demonstrates the robustness of our results and the confidence of investors in our services.
Among the main differentials of our Asset are:
Focus on sovereign bonds and assets issued by banks
Focus on high-grade assets with diversified portfolio
Focus on banking assets and high-grade high liquidity
Focus on private infrastructure credit assets, exempt from income tax
Focus on high-grade assets with diversified portfolio
Focus on private infrastructure credit assets, exempt from income tax and with the possibility of leverage
Broad mandate with diversified portfolio
We combine our excellence in management and the experience of our strategic partners to offer a broad portfolio of solutions in the Wealth Management Services area.
To meet the needs of different client profiles, we adopted an open platform model, which provides access to the best financial products and services on the market. Thus, we can offer a greater variety of solutions, including alternatives for local and international assets.
Our performance in this segment follows the highest governance standards adopted at BOCOM BBM, ensuring transparency, ethics and excellence in risk management.
We offer financial products and services for origination, structuring and distribution of securities and derivative, aiming to improve the debt profile of our clients.
Working alongside the Corporate Credit area, we identify the companies qualified to issue bonds and find alternatives that enable these customers to improve their funding.
Our solutions cover the main instruments of the Debt Capital Market (DCM), such as debentures, promissory notes, CRIs, CRAs, and FIDCs.
All transactions are supported by the Bank’s excellence in credit risk, product and collateral analysis. In this way, we can offer complete solutions for both first-time issuers and recurring issuers.
In 2024, we coordinated 14 issues in the amount of BRL 4.1 billion. Of this total, BRL 2.1 billion were to electric power companies, BRL 1.5 billion to the sugar and ethanol sector and BRL 0.5 billion to grain production.
Compared to the previous year, we recorded a 76% increase in the total volume of issuances coordinated by the Bank.
The Treasury area works alongside Corporate Credit in the structuring and pricing of derivatives and other products, in order to offer alternatives for matching the market risks to which the company is exposed.
Based on our experience, together with excellence in macroeconomic research, we offer derivatives products aimed at protecting our clients’ balance sheets. The objective is to reduce the exposure of its results to exchange rate variations, interest rates, currencies, commodities and price indexes.
We also handle foreign exchange transactions of various types and the management of market risks.
Our responsibility is to ensure the Bank’s liquidity, defining the price and volume bases for the conglomerate’s liabilities and assets. In 2024, the volume of the notional value of derivative transactions with clients grew approximately 40%, reaching BRL 7.7 billion.
