SuStainability report - SocialFunds.com

In granting loans to finance real estatedevelopment projects, the location,building and installation conditions areanalyzed, and builders are required toobtain certification from the BrazilianProgram of Quality and Productivity inthe Housing Industry (PBQP-H).In 2008, the balance of real estate financingstood at R$ 5.4 billion for individualsand corporations, growing 63.9% whencompared to the balance in 2007.João de Barro AgreementBradesco has a partnership with theBrazilian Association of Home BuildingMaterial Sellers (Anamaco) and itsregional offices, and created the Joãode Barro Agreement. This is a specificcredit line for financing the purchaseof home building material. The processis simple, without bureaucracy:customers submit their budgets to theBranch where they have a checkingaccount for credit approval.This agreement has large social appeal,providing an extended repayment term ofup to 48 months, with fixed installmentsand minimum interest of 1.89% permonth according to the financing term.The minimum amount financed isR$ 500.00 and the maximum amountvaries according to the customer’s creditrepayment capacity. Our portfolio relatedto this line of credit stood at R$ 134.9million in December 2008.card annuities were donated tophilanthropic entities. 19 years ago, wecreated the SOS Mata AtlânticaAffinity Card, where part ofrevenues from annual fees istransferred to the SOS MataAtlântica Foundation.T h e c a r d a l r e a d ytransferred R$ 34.638million to the project,mainly destinedt o r e f o r e s t i n gdegraded areas,training techniciansand preparing newprojects to protect therainforest.Bradesco is a co-founder ofthe Fundação AmazonasSustentável (FAS), or theSustainable Amazonas Foundation,which also has an affinity card, aninnovative product made of between 80%and 85% recycled material.Affinity CardsNumber of members182,565213,218213,675Credit CardsIn the card segment, Bradesco was thefirst bank to promote sustainabilityrelatedinitiatives. A portion of credit200620072008vFor more details aboutaffinity credit cards, click here