Business Services Industry

Banco do Brasil invests in logistic.

South American Business Information, October, 2002

Brazil, Oct 25, 2002 (Gazeta Mercantil/SABI via COMTEX)

The Brazilian bank BB (Banco do Brasil) is to offer, to farmers, a logistic solution for the harvest commercialization. The new tool is aimed at increasing the number of buyers and at improving prices. BB expects R$100mil, as of 2003, in products with such services package. The bank has forged a partnership with Latin Logistics (quotations and negotiations between farmer and transportation companies). Banco do Brasil expects to boost the services render income, clients loyalty and reduce credit risk.

Copyright (c) 2002, South American Business Information, All rights reserved. 

News Provided by COMTEX (http://www.comtexnews.com)

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