Santander Brasil sees 2011 loan book up 18 pct-CFO

SAO PAULO, Oct 28 (BestGrowthStock) – Santander Brasil
(SANB11.SA: )(BSBR.N: ), Brazil’s third-largest non-government bank, forecasts its credit portfolio could grow about 18
percent in 2011, Chief Financial Officer Carlos Lopez Galan
said on Thursday.

The bank reported a 1.83 billion reais third-quarter profit (Read more your timing to make a profit.)
on Thursday under Brazilian accounting standards, with its loan
portfolio climbing 16.8 percent from a year earlier.
(Reporting by Aluisio Pereira, Writing by Elzio Barreto,
Editing by Gerald E. McCormick)

Santander Brasil sees 2011 loan book up 18 pct-CFO