Overview

• At Investor Day in New York on Sept. 24, CEO Tarciana Medeiros said the bank has shifted from a lenient reputation to intensive debt recovery with active pursuit of guarantees.
• She described 2025 as a year of adjustments following an unusual rise in delinquency from April and recalled that formal guidance was suspended after first‑quarter results.
• BB revised credit‑risk models, unified its collections process, and reinforced judicial actions to accelerate recoveries.
• In agribusiness, the bank is maintaining lending while strengthening collateral, raising real‑estate guarantees in the 2025/26 crop to 60% from 31% and using fiduciary liens in about half of new rural contracts.
• Management expects provisions in the agro portfolio to start easing late in the fourth quarter, with June agro NPL at 3.49% and a book near R$400 billion, as growth continues with AI‑driven selectivity and focus on controlled resources.