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Emerging Markets

Porto Seguro Posts Record Profit, Eyeing Brazil Expansion

The Rio Times · 1h ago · 🇧🇷 Brazil

Porto Seguro Posts Record Profit, Eyeing Brazil Expansion

Porto Seguro posted a record quarterly profit of R$888.6 million, driven by strong insurance revenue. But rising credit risk in its banking arm tempers the optimism. The post Porto Seguro Posts Record Profit, Eyeing Brazil Expansion appeared first on The Rio Times .

Read the full story at The Rio Times →

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