Banco Bradesco (BBD) 20-F 30 Apr 19 2018 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2018shares
Document and Entity Information [Abstract]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Registrant Name	BANK BRADESCO
Entity Central Index Key	0001160330
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Common shares
Document and Entity Information [Abstract]
Entity Common Stock, Shares Outstanding	3,354,393,420
Preferred shares
Document and Entity Information [Abstract]
Entity Common Stock, Shares Outstanding	3,339,187,552

Consolidated Statements of Inco

Consolidated Statements of Income - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement Line Items [Line Items]
Interest and similar income		R$ 122053139	R$ 126232328	R$ 147700375
Interest and similar expenses		(55,244,669)	(75,589,415)	(91,037,386)
Net interest income		66,808,470	50,642,913	56,662,989
Net fee and commission income		23,831,590	22,748,828	20,341,051
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss		(11,676,573)	0	0
Net gains/(losses) on financial instruments classified as held for trading		0	9,623,108	16,402,770
Net gains/(losses) on financial assets at fair value through other comprehensive income		1,073,563	0	0
Net gains/(losses) on financial instruments classified as available for sale		0	570,358	(1,341,400)
Losses on investments held-to-maturity		0	(54,520)	0
Net gains/(losses) on foreign currency transactions		1,096,826	1,422,957	150,757
Net income from insurance and pension plans		7,656,872	6,239,990	4,155,763
Other operating income		(1,849,312)	17,801,893	19,367,890
Impairment of loans and advances		0	(16,860,835)	(15,350,278)
Expected loss on loans and advances		(15,091,975)	0	0
Expected loss on other financial assets		(1,172,860)	0	0
Personnel expenses	[1]	(18,871,462)	(20,723,265)	(17,003,783)
Other administrative expenses		(16,873,962)	(16,882,461)	(16,149,563)
Depreciation and amortization		(4,808,255)	(4,568,568)	(3,658,413)
Other operating income/(expenses)		(14,210,594)	(10,133,357)	(14,004,162)
Other operating expense		(71,029,108)	(69,168,486)	(66,166,199)
Income before income taxes and share of profit of associates and joint ventures		17,761,640	22,025,148	30,205,731
Equity in net income of associates		1,680,375	1,718,411	1,699,725
Income before income taxes		19,442,015	23,743,559	31,905,456
Income tax and social contribution		(2,693,576)	(6,428,956)	(13,912,730)
Net income for the year		16,748,439	17,314,603	17,992,726
Attributable to shareholders:
Controlling shareholders		16,583,915	17,089,364	17,894,249
Non-controlling interest		R$ 164524	R$ 225239	R$ 98477
Common shares
Basic and diluted income per share based on the weighted average number of shares attributable to shareholders (expressed in R$ per share):
- Earnings per		R$ 2.36	R$ 2.43	R$ 2.55
Preferred shares
Basic and diluted income per share based on the weighted average number of shares attributable to shareholders (expressed in R$ per share):
- Earnings per		R$ 2.60	R$ 2.67	R$ 2.80
[1]	In 2017, includes the effects of the Special Voluntary Termination Plan.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Profit or loss [abstract]
Net income for the year	R$ 16748439	R$ 17314603	R$ 17992726
Financial assets available for sale
Unrealized gains/(losses)	0	3,005,067	7,718,277
Gains/(losses) transferred to income	0	487,017	(1,459,372)
Tax effect	0	(1,260,609)	(2,571,397)
Financial assets at fair value through other comprehensive income
Unrealized gains/(losses)	(473,594)	0	0
Gains/(losses) transferred to income	1,023,299	0	0
Tax effect	(209,359)	0	0
Unrealized gains/(losses) on hedge
Cash flow hedge	(96,760)	(13,778)	39,198
Hedge of investment abroad	(209,300)	(59,739)	0
Tax effect	122,424	29,407	(15,679)
Exchange differences on translations of foreign operations
Foreign exchange on translations of foreign operations	113,198	29,002	(107,011)
Items that can not be reclassified to the Consolidated Statement of Income
Gains/(losses) on equity instruments at fair value through other comprehensive income	(756,042)	0	0
Tax effect	302,417	0	0
Other	(92,764)	0	0
Total adjustments not included in the net income	(276,481)	2,216,367	3,604,016
Total comprehensive income for the year	16,471,958	19,530,970	21,596,742
Attributable to shareholders:
Controlling shareholders	16,307,434	19,305,731	21,498,265
Non-controlling interest	R$ 164524	R$ 225239	R$ 98477

Consolidated Statements of Fina

Consolidated Statements of Financial Position - BRL (R$) R$ in Thousands		Dec. 31, 2018		Dec. 31, 2017
Assets
Cash and balances with banks		R$ 107209743		R$ 81742951
Financial assets at fair value through profit or loss		246,161,150	[1]	0
Financial assets held for trading		0		241,710,041
Financial assets at fair value through other comprehensive income		178,050,536	[2]	0
Financial assets available for sale		0		159,412,722
Financial assets at amortized cost
Loans and advances to financial institutions, net of provision for losses		105,248,950		32,247,724
Loans and advances to customers, net of provision for losses		380,387,076		346,758,099
Securities, net of provision for losses		140,604,738		0
Other financial assets		43,893,309		0
Held to maturity		0		39,006,118
Financial assets pledged as collateral		0		183,975,173
Non-current assets held for sale		1,353,330		1,520,973
Investment book value		8,125,799		8,257,384
Property and equipment, net of accumulated depreciation		8,826,836		8,432,475
Intangible assets and goodwill, net of accumulated amortization		16,128,548		16,179,307
Taxes to be offset		13,498,264		10,524,575
Deferred income tax assets		48,682,569		43,731,911
Other assets		7,372,866		50,853,987
Total assets		1,305,543,714		1,224,353,440
Liabilities
Deposits from banks		247,313,979		285,957,468
Deposits from customers	[3]	340,748,196		262,008,445
Funds from issuance of securities		148,029,018		135,174,090
Balance		53,643,444		50,179,401
- Other financial liabilities		62,598,235		0
Financial liabilities at fair value through profit or loss		16,152,087		0
Total		0		14,274,999
Provision for Expected Loss
Loan Commitments		2,551,676		0
Financial guarantees		719,216		0
Total technical provisions	[3]	251,578,287		239,089,590
Other provisions		19,802,171		18,490,727
Current income tax liabilities		2,373,261		2,416,345
Deferred income tax liabilities		1,200,589		1,251,847
Other liabilities		34,157,435		97,816,824
Total liabilities		1,180,867,594		1,106,659,736
Shareholders' equity
Capital		67,100,000		59,100,000
Treasury shares		(440,514)		(440,514)
Capital reserves		35,973		35,973
Profit reserves		53,267,584		49,481,227
Additional paid-in capital		70,496		70,496
Other comprehensive income		2,206,718		1,817,659
Retained earnings		2,035,198		7,338,990
Equity attributable to controlling shareholders		124,275,455		117,403,831
Non-controlling interest		400,665		289,873
Total equity		124,676,120		117,693,704
Total liabilities and equity		R$ 1305543714		R$ 1224353440
[1]	In 2018, no reclassifications were made of Financial Assets at fair value through profit or loss for other categories of financial assets.
[2]	In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.
[3]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - BRL (R$) R$ in Thousands		Total	Capital	Treasury shares	Capital reserves	Profit reserves Legal	Profit reserves Statutory	Additional paid-in capital	Other comprehensive income	[1]	Retained earnings	Equity attributable to controlling shareholders	Non-controlling interest
Balance at Dec. 31, 2015		R$ 90914762	R$ 43100000	R$ 431048	R$ 35973	R$ 6052949	R$ 43867071	R$ 70496	R$ 4002724		R$ 2096710	R$ 90789427	R$ 125335
Net income		17,992,726									17,894,249	17,894,249	98,477
Financial assets available for sale		3,711,027							3,711,027			3,711,027
Foreign currency translation adjustment		(107,011)							(107,011)			(107,011)
Other		0
Comprehensive income		21,596,742							3,604,016		17,894,249	21,498,265	98,477
Increase of non-controlling shareholders' interest		3,265											3,265
Purchase of treasury shares		(9,466)		(9,466)								(9,466)
Capital increase of with reserves	[2]		8,000,000				(8,000,000)
Transfers to reserves						754,179	7,353,617				(8,107,796)
Interest on equity and dividends		(7,026,096)									(6,975,782)	(6,975,782)	(50,314)
Balance at Dec. 31, 2016		105,479,207	51,100,000	(440,514)	35,973	6,807,128	43,220,688	70,496	(398,708)		4,907,381	105,302,444	176,763
Net income		17,314,603									17,089,364	17,089,364	225,239
Financial assets available for sale		2,187,365							2,187,365			2,187,365
Foreign currency translation adjustment		29,002							29,002			29,002
Other		0
Comprehensive income		19,530,970							2,216,367		17,089,364	19,305,731	225,239
Increase of non-controlling shareholders' interest		2,099											2,099
Capital increase of with reserves	[3]		8,000,000				(8,000,000)
Transfers to reserves						732,888	6,720,523				(7,453,411)
Interest on equity and dividends		(7,318,572)									(7,204,344)	(7,204,344)	(114,228)
Balance at Dec. 31, 2017		117,693,704	59,100,000	(440,514)	35,973	7,540,016	41,941,211	70,496	1,817,659		7,338,990	117,403,831	289,873
Adoption of IFRS 9 (Note 47)		(2,137,214)							665,540		(2,802,754)	(2,137,214)
Balance on January 1ST, 2018		115,556,490	59,100,000	(440,514)	35,973	7,540,016	41,941,211	70,496	2,483,199		4,536,236	115,266,617	289,873
Net income		16,748,439									16,583,915	16,583,915	164,524
Financial assets at fair value through other comprehensive income		(296,915)							(296,915)			(296,915)
Foreign currency translation adjustment		113,198							113,198			113,198
Other		(92,764)							(92,764)			(92,764)
Comprehensive income		16,471,958							(276,481)		16,583,915	16,307,434	164,524
Increase of non-controlling shareholders' interest		2,265											2,265
Capital increase of with reserves	[4]		8,000,000				(8,000,000)
Transfers to reserves						954,247	10,832,110				(11,786,357)
Interest on shareholders' equity		(7,354,593)									(7,298,596)	(7,298,596)	(55,997)
Balance at Dec. 31, 2018		R$ 124676120	R$ 67100000	R$ 440514	R$ 35973	R$ 8494263	R$ 44773321	R$ 70496	R$ 2206718		R$ 2035198	R$ 124275455	R$ 400665
[1]	Mainly composed of financial assets at fair value through other comprehensive income and gains and losses with cash flow hedge and foreign investment;
[2]	At Special Shareholders' Meeting held on March 10, 2016, the shareholders approved the Board of Directors' proposal to increase the capital by R$8,000,000 thousand, from R$43,100,000 thousand to R$51,100,000 thousand, with bonus in shares, through capitalization of part of the balance of the caption 'Profit reserves - Statutory Reserve', in conformity with Article 169 of Law No. 6,404/76, with issuance of 504,872,885 new registered shares, without par value, of which 252,436,456 are common and 252,436,429 are preferred shares, which will be granted to the shareholders, free of charge, as bonus, at the proportion of 1 new share to each 10 shares of the same type held by them on the base date;
[3]	At Special Shareholders' Meeting held on March 10, 2017, the shareholders approved the Board of Directors' proposal to increase the capital by R$8,000,000 thousand, from R$51,100,000 thousand to R$59,100,000 thousand, with bonus in shares, through capitalization of part of the balance of the caption 'Profit reserves - Statutory Reserve', in conformity with Article 169 of Law No. 6,404/76, with issuance of 555,360,173 new registered shares, without par value, of which 277,680,101 are common and 277,680,072 are preferred, which were granted to the shareholders, free of charge, as bonus, at the proportion of 1 new share to each 10 shares of the same type held by them on the base date;
[4]	At Special Shareholders' Meeting held on March 12, 2018, the shareholders approved the Board of Directors' proposal to increase the capital by R$8,000,000 thousand, from R$59,100,000 thousand to R$67,100,000 thousand, with bonus in shares, through capitalization of part of the balance of the caption 'Profit reserves - Statutory Reserve', in conformity with Article 169 of Law No. 6,404/76, with issuance of 610,896.190 new registered shares, without par value, of which 305,448,111 common and 305,448,079 are preferred shares, granted to the shareholders, free of charge, as bonus, at the proportion of 1 new share to each 10 shares of the same type held by them.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating activities
Income before income taxes	R$ 19442015	R$ 23743559	R$ 31905456
Adjustments to reconcile income before income tax to net cash flow from operating activities:
Expected loss on loans and advances	15,091,975	0	0
Impairment of loans and advances	0	16,860,835	15,350,278
Changes in the insurance technical provisions and pension plans	29,409,222	34,805,771	32,781,918
Net (gains)/losses from disposals of assets available for sale	0	(2,299,397)	(764,707)
(Gains)/Net realized losses on financial assets at fair value through other comprehensive income	(1,073,563)	0	0
Expenses with provisions and contingent liabilities	4,306,043	2,471,288	2,518,761
Deferred acquisition cost (insurance)	144,224	680,136	194,994
Impairment of assets	1,757,981	1,925,304	2,388,580
Depreciation	1,460,013	1,237,328	1,140,369
Amortization of intangible assets	3,348,242	3,331,240	2,516,777
Share of profit of associates and joint ventures	(1,680,375)	(1,718,411)	(1,699,725)
Losses on disposal of non-current assets held for sale	516,713	577,212	442,251
Net losses from disposal of property and equipment	98,182	106,722	24,791
(Gains) on sale of investments in associates	0	(270,977)	0
Effect of Changes in Exchange Rates in Cash and Cash equivalents	(751,769)	(806,312)	5,617,747
Changes in assets and liabilities:
(Increase)/Decrease in reserve requirement - Central Bank	(20,882,690)	(8,677,695)	11,651,121
(Increase)/decrease in loans and advances to banks	33,357	(2,493,535)	10,368,220
(Increase)/decrease in loans and advances to customers	(112,861,770)	(59,578,512)	(49,649,090)
(Increase)/decrease in financial assets held for trading	0	(23,089,236)	(40,248,319)
(Increase)/Reduction in financial assets at fair value through profit or loss	(3,625,822)	0	0
(Increase)/decrease in other assets	(30,301,912)	(23,384,107)	(8,296,942)
Increase/(decrease) in deposits from banks	(20,749,542)	3,955,797	33,269,744
Increase/(decrease) in deposits from customers	88,659,514	36,853,866	(6,707,994)
Increase/(decrease) in financial liabilities held for trading	0	839,321	(9,700,099)
Increase/(Decrease) in financial liabilities at fair value through profit or loss	1,877,088	0	0
Increase/(decrease) in insurance technical provisions and pension plans	(16,920,525)	(11,556,181)	(2,042,897)
Increase/(decrease) in other provisions	(2,994,599)	(2,272,970)	(3,019,960)
Increase/(decrease) in other liabilities	14,364,262	19,117,355	10,312,756
Interest received	61,660,260	61,743,368	70,917,068
Interest paid	(27,813,710)	(27,254,361)	(45,140,018)
Income tax and social contribution paid	(7,086,237)	(8,575,438)	(9,771,075)
Other changes in taxes	(1,923,895)	(720,182)	(400,787)
Net cash provided by/(used in) operating activities	(6,497,318)	35,551,788	53,959,218
Investing activities
(Acquisitions) of subsidiaries, net of cash and cash equivalents paid	(442,122)	0	(7,188,659)
(Acquisitions) of financial assets available for sale	0	(114,186,612)	(108,296,179)
(Acquisition) of financial assets at fair value through other comprehensive income	(103,432,365)	0	0
Proceeds from sale of financial assets available for sale	0	82,760,146	115,724,092
Disposal of financial assets at fair value through other comprehensive income	103,897,609	0	0
Maturity of investments held to maturity	0	4,219,351	0
Maturity of financial assets at amortized cost	21,759,857	0	0
(Acquisitions) of investments held to maturity	0	(204,557)	0
(Acquisition) of financial assets at amortized cost	(70,719,797)	0	0
Disposal of non-current assets held for sale	688,885	796,869	629,768
(Acquisitions) of investments in associates	(52,844)	(83,172)	(376,434)
Dividends and interest on shareholders' equity received	1,463,448	845,134	510,285
(Acquisition) of property and equipment	(2,389,433)	(1,897,645)	(2,779,321)
Sale of premises and equipment	361,240	445,347	486,303
(Acquisition) of intangible assets	(3,053,156)	(3,743,704)	(2,343,497)
Dividends received	50,264	83,341	117,972
Interest received	17,383,392	12,735,539	12,668,011
Net cash provided by/(used in) investing activities	(34,485,022)	(18,229,963)	9,152,341
Financing activities
Funds from securities issued	85,963,195	62,237,380	47,253,373
Payments on securities issued	(69,747,110)	(72,494,509)	(47,861,607)
Issuance of subordinated debts	10,890,606	6,594,610	3,787,207
Payments on subordinated debts	(9,181,501)	(8,666,038)	(581,713)
Acquisition of treasury shares	0	0	(9,466)
Increase/(decrease) of non-controlling interest	2,265	2,099	3,265
Interest paid	(16,986,503)	(24,465,562)	(20,504,528)
Interest on equity and dividends paid	(6,539,193)	(6,512,102)	(5,611,350)
Net cash provided by/(used in) financing activities	(5,598,241)	(43,304,122)	(23,524,819)
(Decrease)/Increase in cash and cash equivalents	(46,580,581)	(25,982,297)	39,586,740
Cash and cash equivalents [Abstract]
At the beginning of the year	156,054,442	181,230,427	147,261,434
Effect of Changes in Exchange Rates in Cash and Cash equivalents	751,769	806,312	(5,617,747)
At the end of the year	110,225,630	156,054,442	181,230,427
(Decrease)/Increase in cash and cash equivalents	(46,580,581)	(25,982,297)	39,586,740
Non-cash transactions
Credit operations transferred to non-current assets held for sale	1,947,924	1,953,996	2,122,871
Dividends and interest on equity declared but not yet paid	4,876,458	4,295,314	4,482,718
Unrealized (gains)/losses on securities available for sale	0	(2,187,365)	(3,711,027)
(Gains)/losses on financial assets at fair value through other comprehensive income	R$ 296915	R$ 0	R$ 0

General information

General information	12 Months Ended
	Dec. 31, 2018
General information [Abstract]
General information	1. General information Banco Bradesco S.A. (“Bradesco”, the “Bank”, the “Company” or the “Organization”) is a publicly-traded company established according to the laws of the Federative Republic of Brazil with headquarters in the city of Osasco, state of São Paulo, Brazil. Bradesco is a bank that provides multiple services within two segments: banking and insurance. The Bank complies with Brazilian banking regulations and operates throughout all of Brazil. The banking segment includes a range of banking activities, serving individual and corporate customers in the following operations: investment banking, national and international banking operations, asset management operations and consortium administration. The insurance segment covers auto, health, life, accident and property insurance and pension plans, real estate ventures and capitalization bonds. The retail banking products include demand deposits, savings deposits, time deposits, mutual funds, foreign exchange services and a range of loans and advances, including overdrafts, credit cards and loans with repayments in installments. The services provided to corporate entities include fund management and treasury services, foreign exchange operations, corporate finance and investment banking services, hedge and finance operations including working capital financing, lease and loans with repayments in installments. These services are provided, mainly, in domestic markets, but also include international services on a smaller scale. The Organization was originally listed on the São Paulo Stock Exchange (“B3”) and then subsequently on the New York Stock Exchange (“NYSE”). The consolidated financial statements, in accordance with the IFRS, were approved by the Board of Directors on April 29, 2019.

Significant accounting policies

Significant accounting policies	12 Months Ended
	Dec. 31, 2018
Significant accounting policies [Abstract]
Significant accounting policies	2. Significant accounting policies These consolidated financial statements of the Organization were prepared in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). The consolidated financial statements include the consolidated statements of financial position, consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows as well as the notes to the consolidated financial statements. These consolidated financial statements have been prepared based on historical cost, except for the following material items in the balance sheet: financial assets at fair value through other comprehensive income, assets and liabilities at fair value through profit or loss and financial instruments designated at fair value through profit or loss, and defined-benefit liabilities that are recognized at the present value of the defined benefit obligation. The Organization has classified its expenses according to their nature. The consolidated statement of cash flows shows the changes in cash and cash equivalents during the year arising from operating, investing and financing activities. Cash and cash equivalents include highly liquid investments. Note 20 details the accounts of the consolidated statement of financial position that comprise cash and cash equivalents. The consolidated statement of cash flows is prepared using the indirect method. Accordingly, the income before taxes was adjusted by non-cash items such as provisions, depreciation, amortization and Impairment losses on loans and advances. The interest and dividend received and paid are classified as operating, financing or investment cash flows according to the nature of the corresponding assets and liabilities. The preparation of the consolidated financial statements requires the use of estimates and assumptions which affect the reported amounts of assets and liabilities, as well as the disclosure of contingent assets and liabilities at the date of the financial statements, and the profit and loss amounts for the year. The consolidated financial statements also reflect various estimates and assumptions, including, but not limited to: adjustments to the provision for expected losses of assets and financial liabilities; estimates of the fair value of financial instruments; depreciation and amortization rates; impairment losses on assets; the useful life of intangible assets; evaluation of the realization of tax assets; assumptions for the calculation of technical provisions for insurance, supplemental pension plans and capitalization bonds; provisions for contingencies and provisions for potential losses arising from fiscal and tax uncertainties. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 4. In 2018, the Organization adopted IFRS 9 - Financial instruments, which replaced IAS 39. For more details on the transition process to the new standard, classification and measurement of financial assets, impairment and hedge accounting, see Note 47. The accounting policies listed below were used in all the periods presented and by all the companies of the Organization. 2.1 The consolidated financial statements include the financial statements of Bradesco and those of its direct and indirect subsidiaries, including exclusive mutual funds and special purpose entities. The main subsidiaries included in the consolidated financial statements are as follows: Activity Shareholding interest On December, 31 2018 2017 Financial Sector - Brazil Ágora Corretora de Títulos e Valores Mobiliários S.A. Brokerage 100.00% 100.00% Banco Alvorada S.A. (1) Banking 100.00% 99.99% Banco Bradescard S.A. Cards 100.00% 100.00% Banco Bradesco BBI S.A.(2) Investment bank 99.96% 99.85% Banco Bradesco BERJ S.A. Banking 100.00% 100.00% Banco Bradesco Cartões S.A. Cards 100.00% 100.00% Banco Bradesco Financiamentos S.A. Banking 100.00% 100.00% Banco Losango S.A. Banking 100.00% 100.00% Bradesco Administradora de Consórcios Ltda. Consortium management 100.00% 100.00% Bradesco Leasing S.A. Arrendamento Mercantil Leases 100.00% 100.00% Bradesco-Kirton Corretora de Câmbio S.A. (3) Exchange Broker 99.97% 99.97% Bradesco S.A. Corretora de Títulos e Valores Mobiliários Brokerage 100.00% 100.00% BRAM - Bradesco Asset Management S.A. DTVM Asset management 100.00% 100.00% Kirton Bank Brasil S.A. Banking 100.00% 100.00% Tempo Serviços Ltda. Services 100.00% 100.00% Financial Sector - Overseas Banco Bradesco Argentina S.A.U (4) (5) Banking 100.00% 99.99% Banco Bradesco Europa S.A. (5) Banking 100.00% 100.00% Banco Bradesco S.A. Grand Cayman Branch (5) (6) Banking 100.00% 100.00% Banco Bradesco S.A. New York Branch (5) Banking 100.00% 100.00% Bradesco Securities, Inc. (5) Brokerage 100.00% 100.00% Bradesco Securities, UK. Limited (5) Brokerage 100.00% 100.00% Bradesco Securities, Hong Kong Limited (5) Brokerage 100.00% 100.00% Cidade Capital Markets Ltd (5) Banking 100.00% 100.00% Bradescard México, sociedad de Responsabilidad Limitada (7) Cards 100.00% 100.00% Insurance, Pension Plan and Capitalization Bond Sector - In Brazil Atlântica Companhia de Seguros Insurance 100.00% 100.00% Bradesco Auto/RE Companhia de Seguros Insurance 100.00% 100.00% Bradesco Capitalização S.A. Capitalization bonds 100.00% 100.00% Bradesco Saúde S.A. Insurance/health 100.00% 100.00% Bradesco Seguros S.A. (8) Insurance 99.96% 100.00% Bradesco Vida e Previdência S.A. Pension plan/Insurance 100.00% 100.00% Kirton Capitalização S.A. (9) Capitalization bonds - 100.00% Kirton Seguros S.A. (9) Insurance - 98.54% Kirton Vida e Previdência S.A. (9) Pension plan/Insurance - 100.00% Odontoprev S.A. (10) Dental care 50.01% 50.01% Insurance - Overseas Bradesco Argentina de Seguros S.A. (5) (10) Insurance 99.98% 99.98% Other Activities - Brazil Andorra Holdings S.A. Holding 100.00% 100.00% Bradseg Participações S.A. Holding 100.00% 100.00% Bradescor Corretora de Seguros Ltda. Insurance Brokerage 100.00% 100.00% Bradesplan Participações Ltda. (11) Holding - 100.00% BSP Empreendimentos Imobiliários S.A. Real estate 100.00% 100.00% Cia. Securitizadora de Créditos Financeiros Rubi Credit acquisition 100.00% 100.00% Columbus Holdings S.A. Holding 100.00% 100.00% Nova Paiol Participações Ltda. Holding 100.00% 100.00% União Participações Ltda. (12) Holding - 100.00% Other Activities - Overseas Bradesco North America LLC (5) Services 100.00% 100.00% Investment Funds (13) Bradesco F.I.R.F. Master II Previdência Investment Fund 100.00% 100.00% Bradesco F.I. Referenciado DI Performance Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. R.F. VGBL F10 Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master IV Previdência Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master Previdência Investment Fund 100.00% 100.00% Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo Investment Fund 100.00% 100.00% Bradesco FI Referenciado DI União Investment Fund 99.83% 99.92% Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C Investment Fund 100.00% 100.00% Bradesco F.I.C.R.F. VGBL FIX Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. Renda Fixa V-A Investment Fund 100.00% 100.00% (1) In December 2018, there was acquisition of shares held by a minority shareholder; (2) In May 2018, there was acquisition of shares held by minority shareholders by Banco Bradesco S.A.; (3) In November 2018, there was a change in the corporate name of Bradesco-Kirton Corretora de Títulos e Valores Mobiliários S.A. to Bradesco-Kirton Corretora de Câmbio S.A.; (4) Change in the percentage of participation, by assignment of quotas and change of corporate name to unilateral company; (5) The functional currency of these companies abroad is the Real ; (6) The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas; (7) The functional currency of this company is the Mexican Peso; (8) Reduction in participation due to the merger of Kirton Seguros S.A. through the exchange of minority shares; (9) Companies merged into their respective counterparts in June 2018 (Bradesco Seguros S.A., Bradesco Capitalização S.A. and Bradesco Vida e Previdência S.A.); (10) The financial information portrayed is from the previous month; (11) Company merged in October 2018, by the company Nova Paiol Participações Ltda.; (12) Company merged in November 2018, by the company Nova Paiol Participações Ltda.; and (13) The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated. Subsidiaries Subsidiaries are all of the companies over which the Organization, has control. The Organization has control over an investee if it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The subsidiaries are fully consolidated from the date at which the Organization obtains control over its activities until the date this control ceases. For acquisitions meeting the definition of a business combination, the acquisition method of accounting is used. The cost of an acquisition is measured as the fair value of the consideration, including assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The excess of the consideration given over the fair value of the Organization's share of the identifiable net assets and non-controlling interest acquired is recorded as goodwill. Any goodwill arising from business combinations is tested for impairment at least once a year and whenever events or changes in circumstances may indicate the need for an impairment write-down. If the cost of acquisition is less than the fair value of the Organization's share of the net assets acquired, the difference is recognized directly in the consolidated statement of income. For acquisitions not meeting the definition of a business combination, the Organization allocates the cost between the individual identifiable assets and liabilities. The cost of acquired assets and liabilities is determined by (a) recognizing financial assets and liabilities at their fair value at the acquisition date; and (b) allocating the remaining balance of the cost of purchasing assets and assuming liabilities to individual assets and liabilities, other than financial instruments, based on their relative fair values of these instruments at the acquisition date. Associates Companies are classified as associates if the Organization has significant influence, but not control, over the operating and financial management policy decisions. Normally significant influence is presumed when the Organization holds in excess of 20%, but no more than 50%, of the voting rights. Even if less than 20% of the voting rights are held, the Organization could still have significant influence through its participation in the management of the investee or representations on its Board of Directors, providing it has executive power; i.e. voting power. Investments in associates are recorded in the Organization's consolidated financial statements using the equity method and are initially recognized at cost. The investments in associates include goodwill (net of any impairment losses) identified at the time of acquisition. Joint ventures The Organization has contractual agreements in which two or more parties undertake activities subject to joint control. Joint control is the contractual sharing of control over an activity and it exists only if strategic, financial and operating decisions are made on a unanimous basis by the parties. A joint venture is an arrangement in which the Group has joint control, whereby the Group has rights to the arrangement, rather than rights to its assets and obligations for its liabilities. Investments in joint ventures are recorded in the consolidated financial statements of the Organization using the equity method. Structured entities A structured entity is an entity that has been designed such that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. Structured entities normally have some or all of the following features or characteristics: • restricted activities; • a narrow and well-defined objective, such as, to effect a specific structure like a tax efficient lease, to perform research and development activities, or to provide a source of capital or funding to an entity or to provide investment opportunities for investors by passing risks and rewards associated with the assets of the structured entity to investors; • thin capitalization, that is, the proportion of ‘real' equity is too small to support the structured entity's overall activities without subordinated financial support; and • financing in the form of multiple contractually linked instruments to investors that create concentrations of credit risk or other risks (tranches). Transactions with and interests of non-controlling shareholders The Organization applies a policy of treating transactions with non-controlling interests as transactions with equity owners of the Bank. For purchases of equity from non-controlling interests, the difference between any consideration paid and the share of the carrying value of net assets of the subsidiary acquired is recorded in equity. Gains or losses on sales to non-controlling shareholders are also recorded in equity. Profits or losses attributable to non-controlling interests are presented in the consolidated statements of income under this title. Balances and transactions eliminated in the consolidation Intra-group transactions and balances (except for foreign currency transaction gains and losses) are eliminated in the consolidation process, including any unrealized profits or losses resulting from operations between the companies except when unrealized losses indicate an impairment loss of the asset transferred which should be recognized in the consolidated financial statements. Consistent accounting policies as well as similar valuation methods for similar transactions, events and circumstances are used throughout the Organization for the purposes of consolidation. 2.2 Foreign currency translation Functional and presentation currency Items included in the financial statements of each of the Organization's entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in Brazilian Reais (R$), which is the Organization's presentation currency. The domestic and foreign subsidiaries use the Real as their functional currency, with the exception of the subsidiary in Mexico, which uses the Mexican Peso as its functional currency. Transactions and balances Foreign currency transactions, which are denominated or settled in a foreign currency, are translated into the functional currency using the exchange rates prevailing on the dates of the transactions. Monetary items denominated in foreign currency are translated at the closing exchange rate as at the reporting date. Non-monetary items measured at historical cost denominated in a foreign currency are translated at the exchange rate on the date of initial recognition; non-monetary items in a foreign currency that are measured at fair value are translated using the exchange rates on the date when the fair value was determined. Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation at each period exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statement of income as “Net gains/(losses) of foreign currency transactions”. In the case of changes in the fair value of monetary assets denominated in foreign currency classified as financial assets at fair value through other comprehensive income, a distinction is made between translation differences resulting from changes in amortized cost of the security and other changes in the carrying amount of the security. Translation differences related to changes in the amortized cost are recognized in the consolidated statement of income, and other changes in the carrying amount, except impairment, are recognized in equity. Foreign operations The results and financial position of all foreign operations (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: · Assets and liabilities for each consolidated statement of financial position presented are translated at the closing rate at the reporting date; · Income and expenses for each consolidated statement of income are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rate prevailing on the transaction dates, in which case income and expenses are translated at the rates in effect on the dates of the transactions); and · All resulting exchange differences are recognized in other comprehensive income. Exchange differences arising from the above process are reported in equity as “Foreign currency translation adjustment”. On consolidation, exchange differences arising from the translation of the net investment in foreign entities are taken to “Other comprehensive income”. If the operation is a non-wholly owned subsidiary, then the relevant proportion of the transaction difference is allocated to the non-controlling interest. When a foreign operation is partially sold or disposed, such exchange differences, which were recognized in equity, are recognized in the consolidated statement of income as part of the gain or loss on sale. 2.3 Cash and cash equivalents Cash and cash equivalents include: cash, bank deposits, unrestricted balances held with the Central Bank of Brazil and other highly liquid short-term investments, with original maturities of three months or less and which are subject to insignificant risk of changes in fair value, used by the Organization to manage its short-term commitments. See Note 20(b) - “Cash and cash equivalents”. 2.4 Financial assets and liabilities Accounting Practices adopted as of January 1, 2018. Financial assets In 2018, we began to apply IFRS 9, which contains a new approach for classification and measurement of financial assets, where the entity is based on the business model for the management of financial assets, as well as the characteristics of contractual cash flow of the financial asset. This new approach replaced the financial assets categories foreseen in IAS 39: (i) measured at fair value through profit or loss; (ii) investments held to maturity; (iii) loans and receivables; and (iv) available for sale. IFRS 9 classifies financial assets into three categories: (i) measured at amortized cost; (ii) measured at fair value through other comprehensive income (FVOCI - Shareholders' Equity); and (iii) measured at fair value through profit or loss (FVTPL). - Business model: it relates to the way in which the entity manages its financial assets to generate cash flows. The objective of the Management for a particular business model, is: (i) to maintain the assets to receive contractual cash flows; (ii) to maintain the assets to receive the contractual cash flows and sales; or (iii) any other model. When the financial assets conform to the business models (i) and (ii) the SPPI test (Solely Payment of Principal and Interest) should be applied. - SPPI Test: the purpose of this test is to assess the contractual terms of the financial instruments to determine if they give rise to cash flows at specific dates that conform only to the payment of the principal and interest on the principal amount. In this sense, the principal refers to the fair value of the financial asset at the initial recognition and interest refers to the consideration for the time value of money, the credit risk associated with the principal amount outstanding for a specific period of time and other risks and borrowing costs. Financial instruments that do not fall under the aforementioned concept are measured at FVTPL, such as derivatives. • Measured at fair value through profit or loss All financial assets that do not meet the criteria of measurement at amortized cost or at FVOCI are classified as measured at FVTPL, in addition to those assets that in the initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches. Financial assets measured at FVTPL are initially recorded at fair value with subsequent changes to the fair value recognized immediately in profit or loss. They are held for trading if it is acquired by Organization for the purpose of selling it in the short-term or if it is part of a portfolio of identified financial instruments that are managed together for short-term profit or position taking, or, eventually, assets that do not meet the SPPI test. Derivative financial instruments are also categorized as FVTPL. Financial assets are initially recognized in the consolidated statement of financial position at fair value and the transaction costs are recorded directly in the consolidated statement of income. Realized and unrealized gains and losses arising from changes in fair value of non-derivative assets are recognized directly in the consolidated statement of income under “Net gains/(losses) on financial assets and liabilities at fair value through profit or loss”. Interest income on financial assets measured at FVTPL is included in “Interest and similar income”. For the treatment of derivative assets see Note 2(d)(iii). · Measured at fair value through other comprehensive income They are financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is both to maintain the assets to receive the contractual cash flows as well as for sale. Financial assets are initially recognized at fair value, plus any transaction costs that are directly attributable to their acquisition or their issuance and are, subsequently, measured at fair value with gains and losses being recognized in other comprehensive income, except for impairment losses and foreign exchange gains and losses on debt securities, until the financial asset is derecognized. The expected credit losses are recorded in the consolidated statement of income in contrast to "Other comprehensive income", having no impact on the gross carrying amount of the asset. Interest income is recognized in the consolidated statement of income using the effective interest method. Dividends on equity instruments are recognized in the consolidated statement of income in ‘Dividend income', within “Net Gains/(losses) on financial assets at fair value through other comprehensive income” when the Organization's right to receive payment is established. Gains or losses arising out of exchange variation on investments in debt securities classified as FVOCI are recognized in the consolidated statement of income. See Note 2(d)(viii) for more details of the treatment of the expected credit losses. · Measured at amortized cost Financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is to maintain the assets to receive the contractual cash flows. Financial assets measured at amortized cost are recognized initially at fair value including direct and incremental costs, and are subsequently recorded at amortized cost, using the effective interest rate method. Interest are recognized in the consolidated statement of income and reported as “Interest and similar income”. In the case of expected credit loss, it is reported a deduction from the carrying value of the financial asset and is recognized in the consolidated statement of income. Financial liabilities The Organization classifies its financial liabilities as subsequently measured at amortized cost, using the effective interest rate method, except for the following financial instruments. · Measured at fair value through profit and loss These financial liabilities are recorded and measured at fair value and the respective changes in fair value are immediately recognized in the income statement. These liabilities can be subdivided into two different classifications upon initial recognition: financial liabilities designated at fair value through profit and loss and financial liabilities held for trading. - Financial liabilities designated at FVTPL on initial recognition These are liabilities that on initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches. The Organization does not have any financial liability designated at fair value through profit and loss in income. - Financial liabilities held for trading Financial liabilities held for trading recognized by the Organization are derivative financial instruments. For the treatment of derivatives see Note 2(d)(iii). · Financial guarantee contracts and loan commitments Financial guarantees are contracts that require the Organization to make specific payments under the guarantee for a loss incurred when a specific debtor fails to make a payment when due in accordance with the terms of the debt instrument. Financial guarantees are initially recognized in the financial statements at fair value on the date the guarantee was given. Subsequent to initial recognition, the Organization's obligations under such guarantees are measured by the higher value between (i) the value of the provision for expected losses and (ii) the value initially recognized, minus, if appropriate, the accumulated value of the revenue from the service fee. The fee income earned is recognized on a straight-line basis over the life of the guarantee. Any increase in the liability relating to guarantees is reported in the consolidated statement of income within “Other operating income/ (expenses)”. Loan commitments are recognized as the amount of expected credit loss calculated as described in Note 3.1. Derivative financial instruments and hedge transactions Derivatives are initially recognized at fair value on the date the derivative contract is signed and are, subsequently, re-measured at their fair values with the changes recognized in the income statement under “Net gains or losses on financial assets at fair value through profit or loss”. Fair values are obtained from quoted market prices in active markets (for example, for exchange-traded options), including recent market transactions, and valuation techniques (for example for swaps and foreign currency transactions), such as discounted cash-flow models and options-pricing models, as appropriate. The calculation of fair value, the counterparty's and the entity's own credit risk are considered. Certain derivatives embedded in other financial instruments are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host contract and the host contract is not recorded at fair value through profit or loss. These embedded derivatives are separately accounted for at fair value, with changes in fair value recognized in the consolidated statement of income. The Organization has structures of cash flow hedges, whose objective is to protect the exposure to variability in cash flows attributable to a specific risk associated with all the assets or liabilities recognized, or a component of it. The details of these structures have been presented in Note 3.2 - Market risk. Recognition Initially, the Organization recognizes deposits, securities issued and subordinated debts and other financial assets and liabilities on the trade date, in accordance with the contractual provisions of the instrument. Derecognition Financial assets are derecognized when there is no reasonable expectation of recovery, when the contractual rights to receive the cash flows from these assets have ceased to exist or the assets have been transferred and substantially all the risks and rewards of ownership of the assets are also transferred. Financial liabilities are derecognized when they have been discharged, paid, redeemed, cancelled or expired. If a renegotiation or modification of terms of an existing financial asset is such that the cash flows of the modified asset are substantially different from those of the original unmodified asset, then the original financial asset is derecognized and the modified financial asset is recognized as a new financial asset and initially measured at fair value. Offsetting financial instruments Financial assets and liabilities are offset and the net amount reported in the consolidated statement of financial position when, the Organization has the intention and the legal enforceable right to offset the recognized amounts on a net basis or realize the asset and settle the liability simultaneously. Determination of fair value The determination of the fair values for the majority of financial assets and liabilities is based on the market price or quotes of security dealers for financial instruments traded in an active market. The fair value for other instruments is determined using valuation techniques. The valuation techniques which include use of recent market transactions, discounted cash flow method, comparison with other instruments similar to those for which there are observable market prices and valuation models. For more common other instruments the Organization uses widely accepted valuation models that consider observable market data in order to determine the fair value of financial instruments. For more complex instruments, the Organization uses its own models that are usually developed from standard valuation models. Some of the information included in the models may not be observable in the market and is derived from market prices or rates or may be estimated on the basis of assumptions. The value produced by a model or by a valuation technique is adjusted to reflect various factors, since the valuation techniques do not necessarily reflect all of the factors that market participants take into account during a transaction. The valuations are adjusted to consider the risks of the models, differences between the buy and sell price, credit and liquidity risks, as well as other factors. Management believes that such valuation adjustments are necessary and appropriate for the correct evaluation of the fair value of the financial instruments recorded in the consolidated statement of financial position. More details on the calculation of the fair value of financial instruments are available in Note 3.4. Expected credit losses The Organization calculates the expected losses in prospective bases for financial instruments measured at amortized cost, at FVOCI (with the exception of investments in equity instruments), financial guarantees and loan commitments. Expected credit losses on financial instruments are measured as follows: Financial assets: it is the present value of the difference between contractual cash flows and the cash flows that the Organization hopes to recover discounted at the effective interest rate of the operation; Financial guarantees: it is the present value of the difference between the expected payments to reimburse the holder of the guarantee and the values that the Organization expects to recover discounted at a rate that reflects the market conditions; and Loan commitments: is the present value of the difference between the contractual cash flows that would be due if the commitment was used and the cash flows that the Organization expects to recover discounted at a rate that reflects the market conditions. Expected losses will be measured on one of the following basis: - Credit losses expected for 12 months, i.e., credit losses as a result of possible events of delinquency within 12 months after the reporting date; and - Credit Losses expected for the whole of lif

Risk Management

Risk Management	12 Months Ended
	Dec. 31, 2018
Risk Management [Abstract]
Risk Management	3. Risk Management Risk management structure The risk and capital management structure is made up of committees, which assist the Board of Directors, the CEO and the Board of Executive Officers in their strategic decision-making process. The Organization has a committee known as the Integrated Risk Management and Capital Allocation Committee (COGIRAC), whose duty is to assure the fulfillment of the Organization's risk management processes and policies and advise the Board of Directors in performing its duties in risk management, capital and control. This committee is assisted by the Capital Management Executive Committee, and Risk Management Executive Committees in managing a) Credit risk, b) Market and Liquidity risk, c) Operational and Social and Environmental risk and d) Grupo Bradesco Seguros and BSP Empreendimentos Imobiliários. In addition, it also has the support of the Products and Services Executive Committee and the Executive Committees in business areas, which, among other duties, suggest exposure thresholds to their respective risks and prepare mitigation plans to be submitted to the Integrated Risk Management and Capital Allocation Committee and the Board of Directors. To comply with Resolution No. 4,557/17 of February 23, 2017, of the National Monetary Council (CMN), the Risk Committee was implemented in order to represent an advisory forum to the Board of Directors for the performance of its assignments related to risk and capital management, and the position of Chief Risk Officer (CRO) was formalized, which, among other responsibilities, exercises the supervision of the development, implementation and performance of the risk management structure, including its improvement, on independent basis and reporting to the Risk Committee, CEO and Board of Directors. The Integrated Risk Control Department (DCIR), whose mission is to promote and to implementing risk control and capital allocation through robust practices and certification of existence, execution and effectiveness of controls which assure acceptable risk levels in the Organization's processes, independently, consistently, on a transparent and integrated manner. This Department is also responsible for complying with the Central Bank of Brazil rules for risk management activities. Risk appetite The risk appetite refers to the types and levels of risks that the Organization is willing to accept in the conduct of its business and purposes. The Risk Appetite Statement - RAS is an important instrument that summarizes the risk culture of the Organization, and guides the strategic and business plans, driving the budget planning and allowing Senior Management to optimize the allocation of capital at acceptable risk levels and types, considering the markets and the regulatory environment in which it operates. At the same time, RAS emphasizes the existence of an efficient process of assignments in the operational risk management and in the performance of control functions, as well as for mitigation and disciplinary actions and processes of scheduling and reporting to Senior Management upon breach of the risk limits or control processes established. The Risk Appetite Statement is reviewed on annual basis, or whenever necessary, by the Board of Directors and permanently monitored by forums of the Senior Management and business and control areas. RAS reinforces the dissemination of the risk culture by disclosing the main aspects of risk appetite of the Organization to all its members. For the many types of risks, whether measurable or not, the Organization established control approaches, observing the main global dimensions: · Capital: to maintain a proper capital level, even on prospective basis, to cover unexpected losses, situations of stress and business opportunities, in compliance with regulatory requirements, thus ensuring the soundness of the Organization; · Profitability: to remunerate its capital on sustainable basis, seeking to cover the remuneration expectation of its shareholders in relation to the risks assumed in their business; · Liquidity: to maintain diversified and low cost sources of funding through interconnected network and dynamic and proper segmentation to provide a cash structure compatible with the size of its obligations; thus, ensuring survival even in adverse scenarios; · Loan: to focus on domestic clients, on diversified and dispersed manner, in terms of products and segments, aiming at the security and quality of the portfolio, with guarantees consistent with the risks assumed, considering the amounts, purposes and terms of loans granted and maintaining proper levels of provisions and low levels of concentrations; · Market: to align the exposures to the strategic guidelines, with specific limits established on independent basis and with risks mapped, measured and classified as to the probability and magnitude; and · Operational: to provide assurance with regard to appropriately carrying out the Organization's business in accordance with laws regulations and policies, ensuring that processes are covered by controls that mitigate operational risks. Stress Test Program The risk management structure has a stress test program defined as a coordinated set of processes and routines, containing own methodologies, documentation and governance, whose principal purpose is to identify potential vulnerabilities of the institution. Stress tests are exercises of prospective evaluation of the potential impacts of adverse events and circumstances on capital, on liquidity or on the value of a portfolio of the Organization. In the Program of Stress Tests, the scenarios are designed by the Department of Research and Economic Studies - DEPEC and discussed with the Business areas, Integrated Risk Control Department - DCIR, Department of Planning, Budgeting and Control - DPOC, among other areas. Both scenarios and results are discussed and approved by a specific Collegiate Body. Subsequently, they are submitted to the Executive Committee and Board of Directors, that, in addition to the scenarios and results of stress tests are also responsible for the approval of the program and guidelines to be followed. Stress tests are used as a tool for managing risks: in its identification, measurement, evaluation, monitoring, control and mitigation of risks of the institution. The results of stress tests are used for evaluation of capital and liquidity levels of the institution, for preparation of the respective contingency plans, for evaluation of the capital adequacy and for the recovery plan. Similarly, the results are considered in the decisions related to strategic guidelines, definition of the levels and limits of risk appetite applied to the management of risks and capital, as well as in the definition of governance actions aimed at mitigation of risks identified by aligning them to the risk appetite of the Organization. 3.1. Credit risk Credit risk refers to the possibility of losses associated with the borrower's or counterparty's failure to comply with their financial obligations under the terms agreed, as well as the fall in value of loan agreements resulting from deterioration in the borrower's risk rating, the reduction in gains or remunerations, benefits granted to borrowers in renegotiations, recovery costs and other costs related to the counterparty's noncompliance with the financial obligations. Credit risk management in the Organization is a continuous and evolving process of mapping, development, assessment and diagnosis through the use of models, instruments and procedures that require a high degree of discipline and control during the analysis of transactions in order to preserve the integrity and autonomy of the processes. The Organization controls the exposure to credit risk which comprises mainly loans and advances, securities and derivatives. There is also the credit risk in financial obligations relating to commitments on loan or financial guarantees. With the objective of not compromising the quality of the portfolio, all aspects inherent to credit concession, concentration, guarantee requirements and terms, among others, are observed. The Organization continuously maps all the activities that could possibly generate exposure to credit risk, classifying them by their probability and magnitude, identifying their managers and mitigation plans. Counterparty Credit Risk The counterparty credit risk to which the Organization is exposed includes the possibility of losses due to the non-compliance by counterparties with their obligations relating to the settlement of financial asset trades, including the settlement of derivative financial instruments. Counterparty credit risk also includes the risk related to a downgrade in the counterparty's credit standing. The Organization exercises complete control over its net position (the difference between purchase and sale agreements) and potential future exposures from operations where there is counterparty risk. Each counterparty's exposure to risk is treated in the same way and is part of general credit limits granted by the Organization's to its customers. The Counterparty Credit Risk management covers the modeling and monitoring (i) of the consumption of the credit limit of the counterparties, (ii) of the portion of the adjustment at fair value of the portfolio of credit derivatives (CTF - Credit Value Adjustment) and (iii) of the respective regulatory and economic capital. The methodology adopted by the Organization establishes that the credit exposure of the portfolio to certain counterparty can be calculated based on the Replacement Cost (RC) of its operations in different scenarios of the financial market, which is possible through the Monte Carlo simulation process. Regarding the forms of mitigating the Counterparty credit risk that the Organization is exposed to, the most usual is the composition of guarantees as margin deposits and disposal of public securities , which are made by the counterparty with the Organization or with other trustees, whose counterparty's risks are also appropriately evaluated. Credit Concession Under the responsibility of the Credit Department, lending procedures are based on the Organization's credit policy emphasizing the security, quality and liquidity of the lending. The process is guided by the risk management governance and complies with the rules of the Central Bank of Brazil. The methodologies adopted value business agility and profitability, with targeted and appropriate procedures oriented to the granting of credit transactions and establishment of operating limits. In the evaluation and classification of customers or economic groups, the quantitative (economic and financial indicators) and qualitative (personal data and behaviors) aspects associated with the customers capacity to honor their obligations are considered. All business proposals are subject to operational limits, which are included in the Loan Guidelines and Procedures. At branches, the delegation of power to grant a loan depends on its size, the total exposure to the Organization, the guarantees offered, the level of restriction and their credit risk score/rating. Business proposals with risks beyond these limits are subject to technical analysis and approval of by the Credit Department. In its turn, the Executive Credit Committee was created to decide, within its authority, on queries about the granting of limits or loans proposed by business areas, previously analyzed and with opinion from the Credit Department. According to the size of the operations/limits proposed, this Committee, may then submit the proposal for approval by the Board of Directors. Loan proposals pass through an automated system with parameters set to provide important information for the analysis, granting and subsequent monitoring of loans, minimizing the risks inherent in the operations. There are exclusive Credit and Behavior Scoring systems for the assignment of high volume, low principal loans in the Retail segment, meant to provide speed and reliability, while standardizing the procedures for loan analysis and approval. Business is diversified wide-spread and aimed at individuals and companies with a proven payment capacity and solvency, seeking to support them with guarantees that are adequate to the risk assumed, considering the amounts, objectives and the maturities of loan granted. Credit Risk Rating The credit risk assessment methodology, in addition to providing data to establish the minimum parameters for lending and risk management, also enables the definition of Special Credit Rules and Procedures according to customer characteristics and size. Thus, the methodology provides the basis not only for the correct pricing of operations, but also for defining the appropriate guarantees. The methodology used also follows the requirements established by CMN Resolution No. 4,327/14 and includes analysis of social and environmental risk in projects, aimed at evaluating customers' compliance with related laws and the Equator Principles, a set of rules that establish the minimum social and environmental criteria which must be met for lending. In accordance with its commitment to the continuous improvement of methodologies, the credit risk rating of the Organization's economic groups/customers uses an eighteen-level scale, in which fourteen levels represent performing loan operations. Risk ratings for economic groups (legal entities) are based on standardized statistical and judgmental procedures, and on quantitative and qualitative information. Classifications are carried out in a corporate manner and periodically monitored in order to preserve the quality of the credit portfolio. For individuals, in general, credit ratings are based on personal data variables, such as income, assets, restrictions and indebtedness, in addition to the history of their relationship with the Organization, and statistical credit evaluation models. The criteria regulated by Resolution No. 2,682 of the National Monetary Council are maintained for the constitution of the applicable provisions, according to the equivalence of the ratings shown in the table above. The risk classification adopted on the basis of the customers' capacity of honoring their commitments is shown below: Internal Rating Organization classification 1 AA1 2 AA2 3 AA3 4 A1 5 A2 Low risk 6 A3 7 B1 8 B2 9 B3 10 C1 11 C2 12 C3 13 C4 Medium risk 14 D 15 E 16 F High risk 17 G 18 H Credit-Risk Management Process The credit risk management process is conducted in a corporation-wide manner. This process involves several areas with specific duties, ensuring an efficient structure. Credit risk measurement and control are conducted in a centralized and independent manner. The credit risk monitoring area actively participates in improving the customer risk rating models, following up large risks by periodically monitoring major delinquencies and the provisioning levels for expected and unexpected losses. This area continuously reviews the internal processes, including the roles and responsibilities and it training and requirements, as well as conducts periodical reviews of risk evaluation processes to incorporate new practices and methodologies. Control and Monitoring The credit risk of the Organization has its control and corporate follow-up performed in the credit risk area of the Integrated Risk Control Department - DCIR. The Department advises the Executive Committee on Credit Risk Management, where methodologies for measuring credit risk are discussed and formalized. Significant issues discussed in this committee are reported to the COGIRAC, which is subordinate to the Board of Directors. In addition to committee meetings, the area holds monthly meetings with all product and segment executives and officers, with a view to inform them about the evolution of the loan portfolio, delinquency, credit recoveries, gross and net losses, limits and concentrations of portfolios, allocation of economic and regulatory capital, among others. This information is also reported to the Audit Committee on a monthly basis . The area also monitors any internal or external event that may cause a significant impact on the Organization's credit risk, such as spin-offs, bankruptcies and crop failures, in addition to monitoring economic activity in the sectors to which the company has significant risk exposures. Both the governance process and existing limits are sanctioned by the Integrated Risk Management and Capital Allocation Committee, which are submitted for the approval of the Board of Directors, being reviewed at least once a year. Internal Report Credit risk is monitored on a daily basis in order to maintain the risk levels within the limits established by the Organization. Managerial reports on risk control are provided to all levels of business, from branches to Senior Management. With the objective of highlighting the risk situations that could result in the customers' inability to honor its obligations as contracted, the credit risk monitoring area provides daily reports, to the branches, business segments, as well as the lending and loan recovery areas. This system provides timely information about the loan portfolios and credit bureau information of customers, in addition to enabling comparison of past and current information, highlighting points requiring a more in-depth analysis by managers. The Organization also has an electronic corporate system of credit risk indicators to provide the lending and loan recovery areas, business areas, regional managers and branches with information on assets by segment, product, region, risk classification, delinquency and expected and unexpected losses, among others. This electronic system provides both a macro-level and detailed view of the information, and also enables a specific loan operation to be viewed. The information is viewed and delivered via dashboards, allowing queries at several levels such as business segment, divisions, managers, regions, products, employees and customers, and under several aspects (asset, delinquency, provision, write-off, restriction levels, guarantees, portfolio quality by rating, among others). Measurement of credit risk Periodically, the Organization evaluates the expected losses of the exposures subject to credit risk by means of statistical models and internal processes, considering the historical loss experience, which comprises approximately 8 years, as well as the current quality and characteristics of clients and operations, including their guarantees. Macroeconomic Information is also used in the measurement by means of econometric models that incorporate the current and prospective effects of economic variables in the estimates of expected loss. The main macroeconomic variables used in this process are tied to interest rates, inflation rates and internal and external economic activity indexes. The Organization uses different indicators for classification in stages, according to the profile of the client and the operation. Below we present the breakdown of segments, according with stages and indictors. Retail Segment: · Stage 1: up-to-date exposure or 30 days in arrears; · Stage 2: exposure between 31 and 90 days in arrears, except for residential real estate financing that is between 31 and 180 days, or classification to internal ratings framed as medium or high risk; · Stage 3 (Default or "impaired"): exposure due over 90 days, except for residential real estate financing that is above180 days. Wholesale Segment: · Stage 1: up-to-date exposure or 30 days in arrears; · Stage 2: exposure due between 31 and 90 days , except for residential real estate financing that is between 31 and 180 days, or classification to internal ratings framed as medium or high risk; · Stage 3 (Default or "impaired"): material exposure due beyond 90 days, except for financing residential real estate, which is due over 180 days and/or that showed signs that they would not be honored in the agreed conditions without the execution of guarantees, such as: bankruptcy events, judicial recovery and restructuring of debts. The expected losses are based on the multiplication of credit risk parameters: Probability of default (PD), Loss due to default (LGD) and Exposure to noncompliance (EAD). The PD parameter refers to the probability of noncompliance perceived by the Organization regarding the client, according to the internal models of evaluation, which, in retail, use statistical methodologies based on the characteristics of the client, such as the internal rating and segment, and the operation, such as product and guarantee and, in the case of wholesale, they use specialist models based on financial information and qualitative analyses. The LGD refers to the percentage of loss in relation to exposure in case of noncompliance, considering all the efforts of recovery, according to the internal model of evaluation that uses statistical methodologies based on the characteristics of the operation, such as product and guarantee. Clients with significant exposure have estimates based on individual analyses, which are based on the structure of the operation and expert knowledge, aiming to capture the complexity and the particularities of each operation. EAD refers to the exposure (book value) of the client in relation to the Organization at the time of estimation of the expected loss. In the case of commitments or financial guarantees provided, the EAD will have the addition of the expected value of the commitments or financial guarantees provided that they will be converted into credit in case of noncompliance of the client. Credit Risk Exposure We present below the credit risk exposure of the financial instruments: R$ thousand On December 31, 2018 Gross value Expected loss Book value Financial assets Cash and balances with banks (Note 20) 107,209,743 - 107,209,743 Financial assets at fair value through profit or loss (Note 21) 246,161,150 - 246,161,150 Financial assets at fair value through other comprehensive income (Note 24) 178,050,536 (337,506) 178,050,536 Loans and advances to banks (Note 26) 105,250,928 (1,978) 105,248,950 Loans and advances to customers (Note 27) 411,492,655 (31,105,579) 380,387,076 Securities at amortized cost (Note 28) 143,626,776 (3,022,038) 140,604,738 Other financial assets (Note 35) 43,893,309 - 43,893,309 Provision for Expected Loss Loan Commitments (Note 27) - (2,551,676) (2,551,676) Financial guarantees (Note 27) - (719,216) (719,216) Items not recorded in the balance sheet (Note 46) 301,345,624 - 301,345,625 Total risk exposure 1,537,030,721 (37,737,993) 1,499,630,235 The Organization's maximum credit risk exposure was R$1,499,630,235 thousand in 2018, which was an increase of 8.4% compared to 2017. Of this exposure, R$107,209,743 thousand, or 7.1% is related to cash and bank deposits composed mainly of funds deposited with the Central Bank of Brazil that are assessed to have low credit risk. Financial assets at fair value through profit or loss (16.4% of total exposure) are mostly low credit risk, composed mainly of Brazilian government securities at fair value and also include derivative financial instruments. Financial assets at fair value through other comprehensive income amounted to R$178,050,536 thousand (11.9% of total exposure), are recorded at fair value with changes in ECL recognized in profit or loss and are represented mostly by Brazilian government securities, for details of these assets , see note 24. Loans and advances to financial institutions, which are 7.0% of the total, consist basically of repurchase agreements which have a low credit risk. Loans and advances to customers represent 25.4% of the total exposure, for details of these assets and the expected loss, see note 27 for details. Financial assets at amortized cost represent 9.4% of the total, for details of these assets, see note 28. Operations classified as "Other financial assets" represent 2.9% of the total and are basically comprised of foreign exchange operations and escrow deposits. In 2018, items not recorded in the consolidated balance sheet (recorded in clearing accounts) totaled R$301,345,625 thousand, representing 20.1% of total exposure. Loans and advances to customers Concentration of credit risk On December 31 2018 2017 Largest borrower 2.2% 2.5% 10 largest borrowers 9.1% 8.2% 20 largest borrowers 12.9% 12.2% 50 largest borrowers 18.6% 17.8% 100 largest borrowers 22.9% 22.2% By Economic Activity Sector The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterpart operates. On December 31 - R$ thousand 2018 % 2017 % Public sector 9,259,368 2.3 9,676,927 2.6 Oil, derivatives and aggregate activities 9,092,151 2.2 9,410,382 2.5 Production and distribution of electricity 1,829 - 1,322 - Other industries 165,388 - 265,223 0.1 Private sector 402,233,287 97.7 364,136,738 97.4 Companies 209,365,567 50.9 190,148,345 50.9 Real estate and construction activities 25,267,761 6.1 29,383,442 7.9 Retail 32,472,286 7.9 23,935,638 6.4 Services 19,086,508 4.6 17,996,533 4.8 Transportation and concession 17,261,369 4.2 14,190,284 3.8 Automotive 11,284,972 2.7 10,014,454 2.7 Food products 12,040,631 2.9 8,866,028 2.4 Wholesale 11,467,168 2.8 9,045,916 2.4 Production and distribution of electricity 4,784,015 1.2 7,360,804 2.0 Siderurgy and metallurgy 7,698,444 1.9 7,001,290 1.9 Sugar and alcohol 6,907,858 1.7 7,042,811 1.9 Other industries 61,094,555 14.8 55,311,145 14.8 Individuals 192,867,720 46.9 173,988,393 46.5 Total portfolio 411,492,655 100.0 373,813,665 100.0 Impairment of loans and advances (31,105,579) (27,055,566) Total of net loans and advances to customers 380,387,076 346,758,099 Credit Risk Mitigation Potential credit losses are mitigated by the use of a variety of types of collateral formally stipulated through legal instruments, such as conditional sales, liens and mortgages, by guarantees such as third-party sureties or guarantees, and also by financial instruments such as credit derivatives. The efficiency of these instruments is evaluated considering the time to recover and realize an asset given as collateral, its market value, the guarantors' counterparty risk and the legal safety of the agreements. The main types of collaterals include: term deposits; financial investments and securities; residential and commercial properties; movable properties such as vehicles, aircraft. Additionally, collateral may include commercial bonds such as invoices, checks and credit card bills. Sureties and guarantees may also include bank guarantees. The table below shows the financial effect of the guarantee on credit and financial lease transactions. R$ thousand 2018 Book value Fair Value Guarantees Individuals 192,867,720 121,318,093 Stage 1 165,031,788 109,456,403 Stage 2 15,354,577 8,925,277 Stage 3 12,481,355 2,936,413 Companies 218,624,935 77,161,470 Stage 1 177,191,748 61,244,814 Stage 2 21,750,673 7,374,186 Stage 3 19,682,514 8,542,470 Total 411,492,655 198,479,563 (1) Of the total balance of credit operations, R$284,373,526 thousand refers to operations without guarantees. 3.2. Market risk Market risk is represented by the possibility of financial loss due to fluctuating prices and interest rates of the Organization's financial instruments, such as its asset and liability transactions that may have mismatched maturities, currencies and indexes. Market risk is identified, measured, mitigated, controlled and reported. The Organization's exposure to market risk profile is in line with the guidelines established by the governance process, with limits monitored on a timely basis independently of the business areas. All transactions that expose the Organization to market risk are mapped, measured and classified according to probability and magnitude, and the whole process is approved by the governance structure. The risk management process relies on the participation of all levels of the Organization, from the business areas to the Board of Directors. In compliance with the best Corporate Governance practices, to preserve and strengthen the management of market risk in the Organization, as well as to meet the requirements of Resolution No. 4,557/17, of CMN, the Board of Directors approved the Market and Liquidity Risk Management Policy, which is reviewed at least annually by the relevant Committees and by the Board of Directors itself, and provides the main guidelines for acceptance, control and management of market risk. In addition to the policy, the Organization has specific rules to regulate the market risk management process, as follows: · Classification of Operations; · Reclassification of Operations; · Trading of Public or Private Securities; · Use of Derivatives; and · Hedging. Market Risk Management Process The market risk management process is a corporation wide process, comprising from business areas to the Board of Directors; it involves various areas, each with specific duties in the process, thereby ensuring an efficient structure. The measurement and control of market risk is conducted in a centralized and independent manner. This process permits that the Organization be the first financial institution in the country authorized by the Central Bank of Brazil to use its internal market risk models to calculate regulatory capital requirements since January 2013. This process, is also revised at least once a year by the Committees and approved the Board itself. Determination of Limits Proposed market-risk limits are validated by specific Committees and submitted for approval by the Integrated Risk Management and Capital Allocation Committee, and then for approval by the Board of Directors. Based on the business' characteristics, they are segregated into the following Portfolios: Trading Portfolio : it comprises all operations involving financial instruments, held-for-trading, including derivatives, or used to hedge other instruments in the Trading Portfolio, which have no trading restrictions. Held-for-trading operations are those intended for resale, to obtain benefits from actual or expected price variations, or for arbitrage. The Trading Portfolio is monitored with the following limits: · Value at Risk (VaR); · Stress; · Income; · Financial Exposure / Concentration . Banking Portfolio : it comprises operations not classified in the Trading Portfolio , arising from Organization's other businesses and their respective hedges. The Banking Portfolio is monitored with the following limits: · Interest rate risk limit. Market-Risk Measurement Models Market risk is measured and controlled using Stress, Value at Risk (VaR), Economic Value Equity (EVE) and Sensitivity Analysis methodologies, as well as limits for the Management of Results and Financial Exposure. Using several methodologies to measure and evaluate risks is of great importance, because they can complement each other and their combination allows for analysis of different scenarios and situations. Trading and Regulatory Portfolio Trading Portfolio risks are controlled by the Stress and VaR methodologies. The Stress methodology quantifies the negative impact of economic shocks and events that are financially unfavorable to the Organization's positions. The analysis uses stress scenarios prepared by the Market Risk area and the Organization's economists based on historical and prospective data for the risk factors in which the Organization portfolio. The methodology adopted to calculate VaR is the Delta-Normal, with a confidence level of 99% and considering the number of days necessary to unwind the existing exposures. The methodology is applied to the Trading and Regulatory Portfolio (Trading Portfolio positions plus Banking Portfolio foreign currency and commodities exposures). It should be noted that for the measurement of all the risk factors of the portfolio of options are applied the historical simulation models and Delta-Gama-Vega, prevailing the most conservative between the two. A minimum 252-business-day period is adopted to calculate volatilities, correlations and historical returns. For regulatory purposes, the capital requirements relating to shares held in the Banking Portfolio of Prudential Conglomerate (includes, in its consolidation basis, entities located in the country and abroad, financial institutions, similar to financial institutions over which the institution has direct or indirect control, in addition to investment funds pursuant to CMN Resolution No. 4,280/13) are determined on a credit risk basis, as per Central Bank of Brazil resolution, i.e., are not included in the market risk calculation. Ri

Estimates and judgments

Estimates and judgments	12 Months Ended
	Dec. 31, 2018
Estimates and judgments [Abstract]
Estimates and judgments	4. Estimates and judgments The Organization makes estimates and judgments that can affect the reported amount of assets and liabilities within the next financial year. All estimates and judgments required in conformity with IFRS are best estimates undertaken in accordance with the applicable standard. Such estimates and judgments are continually evaluated and based in our historical experience and a number of other factors including future event expectations, regarded as reasonable, under the current circumstances. The estimates and judgments that have a significant risk and might have a relevant impact on the amounts of assets and liabilities within the next financial year are disclosed below. The actual results may be different from those established by these estimates and premises. Fair value of financial instruments Financial instruments recognized at fair value in our consolidated financial statements consist primarily of financial assets measured at fair value through profit or loss, including derivatives and financial assets classified as measured at fair value through other comprehensive income. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participant at the management date. These financial instruments are categorized within a hierarchy based on the lowest level of input that is significant to the fair value measurement. For instruments classified as level 3, we have to apply a significant amount of our own judgment in arriving at the fair value measurement. We base our judgment decisions on our knowledge and observations of the markets relevant to the individual assets and liabilities, and those judgments may vary based on market conditions. In applying our judgment, we look at a range of third-party prices and transaction volumes to understand and assess the extent of market benchmarks available and the judgments or modeling required in third-party processes. Based on these factors, we determine whether the fair values are observable in active markets or whether the markets are inactive. Imprecision in estimating unobservable market inputs can impact the amount of revenue or loss recorded for a particular position. Furthermore, while we believe our valuation methods are appropriate and consistent with those of other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value on the reporting date. For a detailed discussion of the determination of fair value of financial instruments, see Note 3.4. Expected credit loss The measurement of the provision for losses on loans expected for financial assets measured at amortized cost and FVOCI requires the use of complex models and significant assumptions about future economic conditions and loan behavior. The explanation of assumptions and estimation techniques used in the measurement of expected loan loss is further detailed in Note 3.1. Several significant judgments are also required to apply the accounting requirements for the measurement of the credit loss expected, such as: · Determine the criteria for the significant increase of credit risk; · Choice of models and assumptions suitable for the measurement of expected credit loss; · Establish the number and weighting factors on the prospective scenarios, for each type of product and market, related to the credit loss expected; and · Establish a group of similar financial assets for purposes of measuring the expected credit loss. The process to determine the level of provision for expected credit loss requires estimates and the use of judgment; it is possible that actual losses presented in subsequent periods will differ from those calculated according to current estimates and assumptions. Impairment of goodwill The Organization analyzes, at least annually, whether the current carrying value of goodwill is impaired. The first step of the process requires the identification of independent Cash-Generating Units and the allocation of goodwill to these units. The carrying amount of the CGU, including the allocated goodwill, is compared to its recoverable amount to determine whether any impairment exists. If the value in use of a cash-generating unit is less than its carrying value, goodwill will be impaired. Detailed calculations may need to be carried out taking into consideration changes in the market in which a business operates (e.g. competitive activity, regulatory change). The value in use is based upon discounting expected pre-tax cash flows at a risk-adjusted interest rate appropriate to the operating unit, the determination of both requires one to exercise one's judgment. While forecasts are compared with actual performance and external economic data, expected cash flows naturally reflect the Organization's view of future performance. Income tax The determination of the amount of our income tax liability is complex, and our assessment is related to our analysis of our deferred tax assets and liabilities and income tax payable. In general, our evaluation requires that we estimate future amounts of current and deferred taxes. Our assessment of the possibility that deferred tax assets are realized is subjective and involves assessments and assumptions that are inherently uncertain in nature. The realization of deferred tax assets is subject to changes in future tax rates and developments in our strategies. The underlying support for our assessments and assumptions could change over time as a result of unforeseen events or circumstances, affecting our determination of the amount of our tax liability. Significant judgment is required in determining whether it is more likely than not that an income tax position will be sustained upon examination, even after the outcome of any related administrative or judicial proceedings based on technical merits. Further judgment is then required to determine the amount of benefit eligible for recognition in our consolidated financial statements. In addition, we have monitored the interpretation of tax laws by, and decisions of, the tax authorities and Courts so that we can adjust any prior judgment of accrued income taxes. These adjustments may also result from our own income tax planning or resolution of income tax controversies, and may be material to our operating results for any given period. For additional information about income tax, see Note 18. Technical insurance provisions Insurance technical provisions (reserves) are liabilities representing estimates of the amounts that will become due at a future date, to or on behalf of our policyholders - see Note 2(l). Expectations of loss ratio, mortality, longevity, length of stay and interest rate are used. These assumptions are based on our experience and are periodically reviewed against industry standards to ensure actuarial credibility. Contingent liabilities The Provisions are regularly reviewed and constituted, where the loss is deemed probable, based on the opinion of the legal counsel, the nature of the lawsuit, similarity to previous lawsuits, complexity and the courts standing. Contingencies classified as Probable Loss are recorded in the Consolidated Statements of Financial Position under "Other Provisions".

Operating segments

Operating segments	12 Months Ended
	Dec. 31, 2018
Operating segments [Abstract]
Operating segments	5. Operating segments The Organization operates mainly in the banking and insurance segments. Our banking operations include operations in the retail, middle-market and corporate sectors, lease, international bank operations, investment bank operations and as a private bank. The Organization also conducts banking segment operations through its branches located throughout the country, in branches abroad and through subsidiaries as well as by means of shareholding interests in other companies. Additionally we are engaged in insurance, supplemental pension plans and capitalization bonds through our subsidiary, Bradesco Seguros S.A. and its subsidiaries. The following segment information was prepared based on reports made available to Management to evaluate performance and make decisions regarding the allocation of resources for investments and other purposes. Our Management uses a variety of accounting information, which includes the proportional consolidation of associates and joint ventures. Accordingly, the information of the segments shown in the following tables was prepared in accordance with the specific procedures and other provisions of the Financial Institutions Accounting Plan and the total amounts, which correspond to the consolidated information, were prepared in accordance with IFRS, issued by the IASB . The main assumptions for the segmentation of income and expenses include (i) surplus cash invested by the entities operating in insurance, supplemental pension and capitalization bonds are included in this segment, resulting in an increase in net interest income; (ii) salaries and benefits and administrative costs included in the insurance, supplemental pension and capitalization bonds segment consist only of cost directly related to these operations, and (iii) costs incurred in the banking operations segment related to the infrastructure of the branch network and other general indirect expenses have not been allocated between segments. Information by operating segment, reviewed by the Organization and corresponding to the years 2018, 2017 and 2016, is shown below: R$ thousand Year ended December 31, 2018 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 53,582,872 12,291,357 934,241 66,808,470 Net fee and commission income 25,496,171 600,510 (2,265,091) 23,831,590 Net gains/(losses) on financial assets and liabilities at fair value through profit or loss - - (11,676,573) (11,676,573) Net gains/(losses) on financial instruments classified as held for trading (6,217,370) (5,459,203) 11,676,573 - Net gains/(losses) on financial assets at fair value through other comprehensive income - - 1,073,563 1,073,563 Net gains/(losses) on financial instruments classified as available for sale 625,159 738,063 (1,363,222) - Net gains/(losses) on foreign currency transactions 1,096,826 - - 1,096,826 Net income from insurance and pension plans - 7,656,872 - 7,656,872 Other operating income/(loss) (4,495,385) 2,935,732 (289,659) (1,849,312) Expected loss on loans and advances - - (15,091,975) (15,091,975) Impairment of loans and advances (11,078,383) - 11,078,383 - Expected loss on other financial assets - - (1,172,860) (1,172,860) Personnel expenses (17,369,813) (1,643,734) 142,085 (18,871,462) Other administrative expenses (16,290,073) (1,609,750) 1,025,861 (16,873,962) Depreciation and amortization (5,575,203) (411,875) 1,178,823 (4,808,255) Other operating income/(expenses) (11,439,378) (1,596,743) (1,174,473) (14,210,594) Other operating expense (61,752,850) (5,262,102) (4,014,156) (71,029,108) Income before income taxes and share of profit of associates and joint ventures 12,830,808 10,565,497 (5,634,665) 17,761,640 Share of profit of associates and joint ventures 1,410,004 206,272 64,099 1,680,375 Income before income taxes 14,240,812 10,771,769 (5,570,566) 19,442,015 Income tax and social contribution (206,385) (4,382,847) 1,895,656 (2,693,576) Net income for the year 14,034,427 6,388,922 (3,674,910) 16,748,439 Attributable to controlling shareholders 14,034,093 6,224,398 (3,674,576) 16,583,915 Attributable to non-controlling interest 334 164,524 (334) 164,524 Total assets 1,057,484,986 305,112,189 (57,053,461) 1,305,543,714 Investments in associates and joint ventures 6,235,329 1,837,899 52,571 8,125,799 Total liabilities 934,863,960 271,320,375 (25,316,741) 1,180,867,594 R$ thousand Year ended December 31, 2017 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 46,997,327 1,857,926 1,787,660 50,642,913 Net fee and commission income 24,143,561 787,014 (2,181,747) 22,748,828 Net gains/(losses) on financial instruments classified as held for trading 6,011,351 3,641,626 (29,869) 9,623,108 Net gains/(losses) on financial instruments classified as available for sale (685,560) 713,425 542,493 570,358 Net gain / (loss) on held-to-maturity investments (54,520) - - (54,520) Net gains/(losses) on foreign currency transactions 1,422,957 - - 1,422,957 Net income from insurance and pension plans - 6,239,990 - 6,239,990 Other operating income/(loss) 6,694,228 10,595,041 512,624 17,801,893 Impairment of loans and advances (17,895,929) - 1,035,094 (16,860,835) Personnel expenses (19,261,590) (1,589,077) 127,402 (20,723,265) Other administrative expenses (17,175,352) (1,391,439) 1,684,330 (16,882,461) Depreciation and amortization (5,555,033) (393,618) 1,380,083 (4,568,568) Other operating income/(expenses) (9,282,411) (889,065) 38,119 (10,133,357) Other operating expense (69,170,315) (4,263,199) 4,265,028 (69,168,486) Income before income taxes and share of profit of associates and joint ventures 8,664,801 8,976,782 4,383,565 22,025,148 Share of profit of associates and joint ventures 1,497,268 217,035 4,108 1,718,411 Income before income taxes 10,162,069 9,193,817 4,387,673 23,743,559 Income tax and social contribution (887,289) (4,156,153) (1,385,514) (6,428,956) Net income for the year 9,274,780 5,037,664 3,002,159 17,314,603 Attributable to controlling shareholders 9,272,962 4,812,425 3,003,977 17,089,364 Attributable to non-controlling interest 1,818 225,239 (1,818) 225,239 Total assets 988,063,541 295,699,951 (59,410,052) 1,224,353,440 Investments in associates and joint ventures 6,364,246 1,847,099 46,039 8,257,384 Total liabilities 875,887,257 257,329,282 (26,556,803) 1,106,659,736 R$ thousand Year ended December 31, 2016 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 49,156,109 5,374,229 2,132,651 56,662,989 Net fee and commission income 20,696,785 651,482 (1,007,216) 20,341,051 Net gains/(losses) on financial instruments classified as held for trading 14,918,934 1,250,639 233,197 16,402,770 Net gains/(losses) on financial instruments classified as available for sale (1,417,647) 805,051 (728,804) (1,341,400) Net gains/(losses) on foreign currency transactions 150,757 - - 150,757 Net income from insurance and pension plans - 4,155,763 - 4,155,763 Other operating income/(loss) 13,652,044 6,211,453 (495,607) 19,367,890 Impairment of loans and advances (18,829,460) - 3,479,182 (15,350,278) Personnel expenses (15,733,611) (1,387,935) 117,763 (17,003,783) Other administrative expenses (14,979,689) (1,331,349) 161,475 (16,149,563) Depreciation and amortization (3,786,599) (365,656) 493,842 (3,658,413) Other operating income/(expenses) (14,421,152) 243,631 173,359 (14,004,162) Other operating expense (67,750,511) (2,841,309) 4,425,621 (66,166,199) Income before income taxes and share of profit of associates and joint ventures 15,754,427 9,395,855 5,055,449 30,205,731 Share of profit of associates and joint ventures 1,538,058 168,691 (7,024) 1,699,725 Income before income taxes 17,292,485 9,564,546 5,048,425 31,905,456 Income tax and social contribution (7,995,420) (3,915,822) (2,001,488) (13,912,730) Net income for the year 9,297,065 5,648,724 3,046,937 17,992,726 Attributable to controlling shareholders 9,293,766 5,550,662 3,049,821 17,894,249 Attributable to non-controlling interest 3,299 98,062 (2,884) 98,477 Total assets 921,916,290 266,642,197 3,471,169 1,192,029,656 Investments in associates and joint ventures 5,512,372 1,416,617 73,789 7,002,778 Total liabilities 821,182,152 266,143,979 (775,682) 1,086,550,449 (1) Other operation represents less than 1% of total assets/liabilities and the net income for the year. The main adjustments from the information disclosed in segments columns are related to the difference between the IFRS and the Segment Report Information as impairment for loans and advance, effective interest rate and proportional consolidation. Our operations are substantially conducted in Brazil. Additionally, as of December 31, 2018, we have one branch in New York, one branch in Grand Cayman, and one branch in London, mainly to complement our banking services and assist in import and export operations for Brazilian customers. Moreover we also have subsidiaries abroad, namely: Banco Bradesco Argentina S.A.U. (Buenos Aires), Banco Bradesco Europe S.A. (Luxembourg), Bradesco North America LLC (New York), Bradesco Securities, Inc. (New York), Bradesco Securities UK Limited (London), Cidade Capital Markets Ltd. (Grand Cayman), Bradesco Securities Hong Kong Limited (Hong Kong), Bradesco Trade Services Limited (Hong Kong) and Bradescard Mexico, Sociedad de Responsabilidad Limitada (Mexico). No income from transactions with a single customer or counterparty abroad represented 10% of the Organization's income in the period of 2018, 2017 and 2016. All transactions between operating segments are conducted on an arm's length basis, with intra-segment revenue and costs being eliminated in "Other operations, adjustments and eliminations". Income and expenses directly associated with each segment are included in determining business-segment performance.

Net interest income

Net interest income	12 Months Ended
	Dec. 31, 2018
Net interest income [Abstract]
Net interest income	6. Net interest income R$ thousand Years ended December 31 2018 2017 2016 Interest and similar income Loans and advances to banks 9,546,878 5,073,435 8,689,348 Loans and advances to customers: - Loans 61,949,949 64,767,081 69,530,396 - Leases 250,791 254,009 343,626 Financial assets: - At fair value through profit or loss 17,538,227 - - - Fair value through other comprehensive income 16,666,298 - - - At amortized cost 12,120,868 - - - For trading - 13,684,574 23,576,526 - Available for sale - 11,351,320 11,572,618 - Held to maturity - 4,883,103 6,514,933 Pledged as collateral - 21,268,934 21,739,202 Compulsory deposits with the Central Bank 3,916,299 4,881,319 5,667,516 Other financial interest income 63,829 68,553 66,210 Total 122,053,139 126,232,328 147,700,375 Interest and similar expenses Deposits from banks: - Interbank deposits (137,154) (152,550) (127,617) - Funding in the open market (15,094,786) (22,564,515) (26,767,039) - Borrowings and onlending (3,176,469) (3,068,552) (3,865,411) Deposits from customers: - Savings accounts (4,646,528) (5,730,457) (6,712,509) - Time deposits (6,252,440) (7,536,161) (8,746,203) Funds from issuance of securities (9,054,699) (13,262,613) (17,124,502) Subordinated debt (3,517,067) (5,100,017) (6,298,555) Insurance technical provisions and pension plans (13,365,526) (18,174,550) (21,395,550) Total (55,244,669) (75,589,415) (91,037,386) Net interest income 66,808,470 50,642,913 56,662,989

Net fee and commission income

Net fee and commission income	12 Months Ended
	Dec. 31, 2018
Net fee and commission income [Abstract]
Net fee and commission income	7. Net fee and commission income R$ thousand Years ended December 31 2018 2017 2016 Fee and commission income Credit cards 6,951,609 6,848,855 6,251,963 Current accounts 7,165,667 6,652,711 6,030,640 Collections 1,982,037 1,965,601 1,777,515 Guarantees 1,463,423 1,570,522 1,438,409 Asset management 1,525,280 1,463,469 1,079,653 Consortium management 1,683,942 1,526,660 1,278,753 Custody and brokerage services 916,083 754,966 618,750 Underwriting/ Financial Advisory Services 815,242 801,219 733,530 Payments 448,416 409,267 373,639 Other 879,891 755,558 758,199 Total 23,831,590 22,748,828 20,341,051

Net gains_(losses) on financial

Net gains/(losses) on financial assets and liabilities at fair value through profit or loss	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss [Abstract]
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss	8. Net gains/(losses) on financial assets and liabilities at fair value through profit or loss R$ thousand Year ended December 31 2018 Fixed income securities (1,360,349) Derivative financial instruments (10,543,169) Equity securities 226,945 Total (11,676,573)

Net gains_(losses) on financi_2

Net gains/(losses) on financial instruments classified as held for trading	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial instruments classified as held for trading [Abstract]
Net gains/(losses) on financial instruments classified as held for trading	9. Net gains/(losses) on financial instruments classified as held for trading R$ thousand Years ended December 31 2017 2016 Fixed income securities 9,862,617 4,654,959 Derivative financial instruments (1,426,160) 10,887,800 Equity securities 1,186,651 860,011 Total 9,623,108 16,402,770

Net gains_(losses) on financi_3

Net gains/(losses) on financial assets at fair value through other comprehensive income	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial assets at fair value through other comprehensive income [Abstract]
Net gains/(losses) on financial assets at fair value through other comprehensive income	10. Net gains/(losses) on financial assets at fair value through other comprehensive income R$ thousand Year ended December 31 2018 Fixed income securities 345,987 Equity securities 677,312 Dividends received 50,264 Total 1,073,563

Net gains_(losses) on financi_4

Net gains/(losses) on financial instruments classified as available for sale	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial instruments classified as available for sale [Abstract]
Net gains/(losses) on financial instruments classified as available for sale	11. Net gains/(losses) on financial instruments classified as available for sale R$ thousand Years ended December 31 2017 2016 Fixed income securities (1) 49,963 (1,918,595) Equity securities (1) 437,054 459,223 Dividends received 83,341 117,972 Total 570,358 (1,341,400) (1) In 2017, includes impairment losses of R$1,729,039 thousand and, in 2016, R$2,106,107 thousand.

Net gains_(losses) on foreign c

Net gains/(losses) on foreign currency transactions	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on foreign currency transactions [Abstract]
Net gains/(losses) on foreign currency transactions	12. Net gains/(losses) on foreign currency transactions Net gains and losses on foreign currency transactions primarily consists of gains or losses from currency trading and translation of monetary items from a foreign currency into the functional currency.

Net income from insurance and p

Net income from insurance and pension plans	12 Months Ended
	Dec. 31, 2018
Net income from insurance and pension plans [Abstract]
Net income from insurance and pension plans	13. Net income from insurance and pension plans R$ thousand Years ended December 31 2018 2017 2016 Written premiums 62,736,288 65,864,591 62,470,571 Supplemental pension plan contributions 4,441,813 5,090,043 3,679,922 Granted coinsurance premiums (47,232) (49,715) (70,862) Refunded premiums (769,311) (667,196) (746,244) Net written premiums earned 66,361,558 70,237,723 65,333,387 Reinsurance premiums paid (91,463) (191,088) (306,265) Premiums retained from insurance and pension plans 66,270,095 70,046,635 65,027,122 Changes in the provision for insurance (25,837,488) (30,435,868) (29,729,884) Changes in the provision for private pension plans (3,571,734) (4,369,903) (3,052,034) Changes in the insurance technical provisions and pension plans (29,409,222) (34,805,771) (32,781,918) Reported indemnities (26,463,800) (25,924,687) (24,877,804) Claims expenses (67,298) (36,068) (119,201) Recovery of ceded coinsurance 117,703 35,332 65,285 Recovery of reinsurance 18,786 116,913 141,711 Salvage recoveries 491,559 488,057 451,930 Changes in the IBNR provision (121,320) (274,509) (204,354) Retained claims (26,024,370) (25,594,962) (24,542,433) Commissions on premiums (2,655,101) (2,700,131) (2,696,002) Recovery of commissions 12,411 19,334 29,927 Fees (353,139) (403,835) (489,279) Brokerage expenses - private pension plans (125,770) (153,552) (167,654) Changes in deferred commissions (58,032) (167,728) (224,000) Selling expenses for insurance and pension plans (3,179,631) (3,405,912) (3,547,008) Net income from insurance and pension plans 7,656,872 6,239,990 4,155,763

Personnel expenses

Personnel expenses	12 Months Ended
	Dec. 31, 2018
Personnel expenses [Abstract]
Personnel expenses	14. Personnel expenses R$ thousand Years ended December 31 2018 2017 2016 Salaries (8,350,461) (9,170,556) (8,236,617) Benefits (4,383,644) (5,385,133) (3,625,796) Social security charges (2,997,889) (3,505,290) (2,862,067) Employee profit sharing (1,682,868) (1,572,472) (1,451,310) Provision for labor claims (1,289,664) (927,136) (663,124) Training (166,936) (162,678) (164,869) Total (1) (18,871,462) (20,723,265) (17,003,783) (1) In 2017, includes the effects of the Special Voluntary Termination Plan.

Other administrative expenses

Other administrative expenses	12 Months Ended
	Dec. 31, 2018
Other administrative expenses [Abstract]
Other administrative expenses	15. Other administrative expenses R$ thousand Years ended December 31 2018 2017 2016 Outsourced services (4,598,748) (4,748,308) (4,871,194) Communication (1,541,742) (1,684,153) (1,653,055) Data processing (2,398,676) (2,117,085) (1,612,454) Advertising and marketing (1,136,062) (942,851) (1,124,659) Asset maintenance (1,112,508) (1,158,840) (1,060,856) Financial system (1,009,209) (1,033,017) (1,047,618) Rental (1,142,408) (1,142,166) (1,027,561) Security and surveillance (748,577) (818,221) (736,547) Transport (749,685) (782,444) (719,842) Water, electricity and gas (412,789) (405,515) (384,069) Advances to FGC (Deposit Guarantee Association) (408,335) (418,670) (355,540) Supplies (216,768) (263,527) (321,509) Travel (286,731) (261,911) (174,772) Other (1,111,724) (1,105,753) (1,059,887) Total (16,873,962) (16,882,461) (16,149,563)

Depreciation and amortization

Depreciation and amortization	12 Months Ended
	Dec. 31, 2018
Depreciation and amortization [Abstract]
Depreciation and amortization	16. Depreciation and amortization R$ thousand Years ended December 31 2018 2017 2016 Amortization expenses (3,348,242) (3,331,240) (2,516,777) Depreciation expenses (1,460,013) (1,237,328) (1,141,636) Total (4,808,255) (4,568,568) (3,658,413)

Other operating income_(expense

Other operating income/(expenses)	12 Months Ended
	Dec. 31, 2018
Other operating income/(expenses) [Abstract]
Other operating income/(expenses)	17. Other operating income/(expenses) R$ thousand Years ended December 31 2018 2017 2016 Tax expenses (6,096,899) (5,960,618) (6,331,651) Legal provision (1,836,429) (1,238,057) (2,927,734) Variation in monetary liabilities (147,642) 31,710 (699,719) Income from sales of non-current assets, investments, and property and equipment, net (614,895) (412,957) (467,042) Other (1) (5,514,729) (2,553,435) (3,578,016) Total (14,210,594) (10,133,357) (14,004,162) (1) Includes: (i) the effect of the (additions)/reversal of provision for tax contingency in 2018 - R$(21,188) thousand (2017 - R$(487,269) thousand; 2016 - R$(484,227) thousand); (ii) impairment losses in the amount of 2018 - R$571,321 thousand (2017 - R$185,188 thousand; 2016 - R$31,256 thousand); and (iii) operating expense related of insurance operation in 2018 - R$1,976,347 thousand (2017 - R$1,354,719 thousand and 2016 - R$1,388,645 thousand).

Income tax and social contribut

Income tax and social contribution	12 Months Ended
	Dec. 31, 2018
Income tax and social contribution [Abstract]
Income tax and social contribution	18. Income tax and social contribution a) Calculation of income tax and social contribution charges R$ thousand Years ended December 31 2018 2017 2016 Income before income tax and social contribution 19,442,015 23,743,559 31,905,456 Total burden of income tax and social contribution at the current rates (1) (8,748,907) (10,684,602) (14,357,455) Effect of additions and exclusions in the tax calculation: Earnings (losses) of associates and joint ventures 756,169 773,285 764,876 Interest on shareholders' equity (paid and payable) 3,284,368 3,241,955 3,139,102 Other amounts (2) 2,014,794 240,406 (3,459,253) Income tax and social contribution for the period (2,693,576) (6,428,956) (13,912,730) Effective rate 13.9% 27.1% 43.6% (1) Current rates: (i) 25% for income tax; (ii) 20% for the social contribution to financial and equated companies, and the insurance industry, and 9% for the other companies (Note 2t); and (2) Primarily, includes: (i) the exchange rate variation of assets and liabilities, derived from investments abroad; (ii) the equalization of the effective rate in relation to the rate of 45%, shown; and (iii) the deduction incentives. b) Composition of income tax and social contribution in the consolidated statement of income R$ thousand Years ended December 31 2018 2017 2016 Current taxes: Income tax and social contribution payable (5,657,841) (8,788,060) (8,852,947) Deferred taxes: Net Addition/(realization) of temporary differences 1,288,642 2,950,961 (4,106,008) Use of opening balances of: Social contribution loss (313,223) (430,584) (647,282) Income tax loss (343,791) (331,512) (879,276) Addition on: Social contribution loss 870,717 150,371 234,730 Income tax loss 1,461,920 19,868 338,053 Total deferred tax expense 2,964,265 2,359,104 (5,059,783) Income tax and social contribution (2,693,576) (6,428,956) (13,912,730) c) Deferred income tax and social contribution presented in the consolidated statement of financial position R$ thousand Balance on December 31, 2017 Amount recorded Realized / Decrease Balance on December 31, 2018 Provisions of impairment of loans and advances 26,503,863 11,554,370 (6,415,433) 31,642,800 Provision for contingencies 7,226,483 1,835,387 (1,527,145) 7,534,725 Adjustment to market value of securities 3,943,875 960,026 (2,599,972) 2,303,929 Other 5,809,566 2,881,845 (3,571,427) 5,119,984 Total tax assets on temporary differences (2) 43,483,787 17,231,628 (14,113,977) 46,601,438 Income tax and social contribution losses in Brazil and abroad (2) 5,003,872 2,332,637 (657,014) 6,679,495 Total deferred tax assets (1) 48,487,659 19,564,265 (14,770,991) 53,280,933 Deferred tax liabilities (1) 6,007,595 2,231,551 (2,440,193) 5,798,953 Net deferred taxes (1) 42,480,064 17,332,714 (12,330,798) 47,481,980 R$ thousand Balance on December 31, 2016 Amount recorded Realized / Decrease (3) Balance on December 31, 2017 Provisions of impairment of loans and advances 23,011,653 12,264,028 (8,771,818) 26,503,863 Provision for contingencies 7,351,234 1,782,500 (1,907,251) 7,226,483 Adjustment to market value of securities 5,488,482 1,724,016 (3,268,623) 3,943,875 Other 4,681,457 4,773,082 (3,644,973) 5,809,566 Total tax assets on temporary differences (2) 40,532,826 20,543,626 (17,592,665) 43,483,787 Income tax and social contribution losses in Brazil and abroad (2) 5,595,729 170,239 (762,096) 5,003,872 Adjustment to market value of available for sale (2) 493,168 576,732 (1,069,900) - Total deferred tax assets (1) 46,621,723 21,290,597 (19,424,661) 48,487,659 Deferred tax liabilities (1) 3,267,808 3,557,618 (817,831) 6,007,595 Net deferred taxes (1) 43,353,915 17,732,979 (18,606,830) 42,480,064 (1) Deferred income and social contribution tax assets and liabilities are offset in the balance sheet by taxable entity, and were R$4,598,364 thousand in 2018 and R$4,755,748 thousand in 2017; (2) Deferred tax assets of financial and insurance companies were established considering the increase of the social contribution rate, determined by Law No. 11,727/08(Note 2t); and (3) Includes a write-off of tax credits, in 2017, in the amount of R$150,040 thousand. d) Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution R$ thousand Temporary differences Income tax and social contribution losses Total Income tax Social contribution Income tax Social contribution 2019 8,608,743 5,151,718 173,339 116,422 14,050,222 2020 7,446,071 4,453,270 209,055 125,180 12,233,576 2021 6,271,093 3,750,046 373,951 222,054 10,617,144 2022 4,666,854 2,793,181 693,635 412,132 8,565,802 2023 1,865,064 1,078,151 1,958,633 1,198,738 6,100,586 After 2023 323,314 193,933 327,524 868,832 1,713,603 Total 29,181,139 17,420,299 3,736,137 2,943,358 53,280,933 e) Deferred tax liabilities R$ thousand On December 31 2018 2017 Timing differences of depreciation - finance leasing 242,571 283,231 Adjustment to market value of securities 1,200,453 1,215,588 Judicial deposit and others 4,355,929 4,508,776 Total 5,798,953 6,007,595 The deferred tax liabilities of companies in the financial and insurance sectors were established considering the increased social contribution rate, established by Law No. 11,727/08 (Note 2t). f) Income tax and social contribution on adjustments recognized directly in equity R$ thousand On December 31, 2018 On December 31, 2017 On December 31, 2016 Before tax Tax (expense)/ benefit Net of tax Before tax Tax (expense)/ benefit Net of tax Before tax Tax (expense)/ benefit Net of tax Financial assets at fair value through other comprehensive income (512,397) 215,482 (296,915) - - - - - - Financial assets recorded as available for sale - - - 3,418,567 (1,231,202) 2,187,365 6,298,103 (2,587,076) 3,711,027 Exchange differences on translations of foreign operations 113,198 - 113,198 23,010 5,992 29,002 (194,566) 87,555 (107,011) Other (154,607) 61,843 (92,764) - - - - - - Total (553,806) 277,325 (276,481) 3,441,577 (1,225,210) 2,216,367 6,103,537 (2,499,521) 3,604,016 g) Taxes to be offset Refers basically to amount of income tax and social contribution to be offset.

Earnings per share

Earnings per share	12 Months Ended
	Dec. 31, 2018
Earnings per share [Abstract]
Earnings per share	19. Earnings per share a) Basic earnings per share The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below: Years ended December 31 2018 2017 (1) 2016 (1) Net earnings attributable to the Organization's common shareholders (R$ thousand) 7,916,635 8,157,920 8,542,147 Net earnings attributable to the Organization's preferred shareholders (R$ thousand) 8,667,280 8,931,444 9,352,102 Weighted average number of common shares outstanding (thousands) 3,354,990 3,354,990 3,354,990 Weighted average number of preferred shares outstanding (thousands) 3,339,188 3,339,188 3,339,188 Basic earnings per share attributable to common shareholders of the Organization (in Reais) 2.36 2.43 2.55 Basic earnings per share attributable to preferred shareholders of the Organization (in Reais) 2.60 2.67 2.80 (1) All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018, in the proportion of one new share for every 10 shares held. b) Diluted earnings per share Diluted earnings per share are the same as basic earnings per share since there are no potentially dilutive instruments.

Cash, balances with banks and c

Cash, balances with banks and cash equivalents	12 Months Ended
	Dec. 31, 2018
Cash, balances with banks and cash equivalents [Abstract]
Cash, balances with banks and cash equivalents	20. Cash, balances with banks and cash equivalents a) Cash and balances with banks R$ thousand On December 31 2018 2017 Cash and due from banks in domestic currency 14,734,228 12,939,852 Cash and due from banks in foreign currency 4,877,776 2,088,498 Compulsory deposits with the Central Bank (1) 87,596,916 66,714,226 Investments in gold 823 375 Total 107,209,743 81,742,951 (1) Compulsory deposits with the Central Bank of Brazil refer to a minimum balance that financial institutions must maintain at the Central Bank of Brazil based on a percentage of deposits received from third parties. b) Cash and cash equivalents R$ thousand On December 31 2018 2017 Cash and due from banks in domestic currency 14,734,228 12,939,852 Cash and due from banks in foreign currency 4,877,776 2,088,498 Interbank investments (1) 90,612,803 141,025,717 Investments in gold 823 375 Total 110,225,630 156,054,442 (1) Refers to operations with maturity date on the effective date of investment equal to or less than 90 days and insignificant risk of change in the fair value. Of this amount, R$60,443,537 thousand (2017 - R$123,691,195 thousand) refers to Financial assets pledged as collateral.

Financial assets and liabilitie

Financial assets and liabilities at fair value through profit or loss	12 Months Ended
	Dec. 31, 2018
Financial assets and liabilities at fair value through profit or loss [Abstract]
Financial assets and liabilities at fair value through profit or loss	21. Financial assets and liabilities at fair value through profit or loss a) Financial assets at fair value through profit or loss R$ thousand On December 31 2018 Financial assets (1) Brazilian government securities 206,756,050 Bank debt securities 10,164,454 Corporate debt and marketable equity securities 9,303,942 Mutual funds 3,657,393 Brazilian sovereign bonds 659,603 Foreign governments securities 849,114 Derivative financial instruments 14,770,594 Total 246,161,150 (1) In 2018, no reclassifications were made of Financial Assets at fair value through profit or loss for other categories of financial assets. b) Maturity R$ thousand On December 31 2018 Maturity of up to one year 12,471,625 Maturity of one to five years 164,553,949 Maturity of five to 10 years 56,868,688 Maturity of over 10 years 5,121,915 Maturity not stated 7,144,973 Total 246,161,150 The financial instruments pledged as collateral classified as “Financial assets at fair value through profit or loss”, totalled R$6,481,098 thousand as at December 31, 2018, being composed primarily of Brazilian government bonds. The Organization maintained a total of R$6,220,609 thousand pledged as collateral for liabilities in 2018. Unrealized net gains/ (losses) included in securities and trading securities totaled R$(1,066,594) thousand as at December 31, 2018. Net variation in unrealized gains/ (losses) from securities and trading securities totaled R$3,679,294 in 2018. c) Liabilities at fair value through profit or loss R$ thousand On December 31 2018 Derivative financial instruments 16,152,087 Total 16,152,087

Financial assets and liabilit_2

Financial assets and liabilities held for trading	12 Months Ended
	Dec. 31, 2018
Financial assets and liabilities held for trading [Abstract]
Financial assets and liabilities held for trading	22. Financial assets and liabilities held for trading a) Financial assets held for trading R$ thousand On December 31 2017 Financial assets Brazilian government securities 202,249,272 Bank debt securities 8,348,269 Corporate debt and marketable equity securities 12,339,790 Mutual funds 4,377,508 Brazilian sovereign bonds 307 Foreign governments securities 528,010 Derivative financial instruments 13,866,885 Total 241,710,041 b) Maturity R$ thousand On December 31 2017 Maturity of up to one year 31,617,538 Maturity of one to five years 146,527,365 Maturity of five to 10 years 53,763,561 Maturity of over 10 years 2,409,723 Maturity not stated 7,391,854 Total 241,710,041 Financial instruments provided as collateral classified as "Financial assets held for trading”, totaled R$801,182 thousand in 2017, as disclosed in Note 30 "Financial assets pledged as collateral”. The total assets held for trading pledged as collateral for liabilities was R$5,874,620 thousand in 2017. Unrealized gains/(losses) on securities and trading securities totaled R$(4,745,888) thousand in 2017 (2016 - R$(9,404,052) thousand). Net variation in unrealized gains/(losses) from securities and trading securities totaled R$(4,658,164) thousand in 2017 (2016 - R$(1,978,490) thousand). c) Financial liabilities held for trading R$ thousand On December 31 2017 Derivative financial instruments 14,274,999 Total 14,274,999

Derivative financial instrument

Derivative financial instruments	12 Months Ended
	Dec. 31, 2018
Derivative financial instruments [Abstract]
Derivative financial instruments	23. Derivative financial instruments The Organization enters into transactions involving derivative financial instruments with a number of customers for the purpose of mitigating their overall risk exposure as well as managing risk exposure. The derivative financial instruments most often used are highly-liquid instruments traded on the futures market (B3). (i) Swap contracts Foreign currency and interest rate swaps are agreements to exchange one set of cash flows for another and result in an economic exchange of foreign currencies or interest rates (for example fixed or variable) or in combinations (i.e. foreign currency and interest rate swaps). There is no exchange of the principal except in certain foreign currency swaps. The Organization's foreign currency risk reflects the potential cost of replacing swap contracts and whether the counterparties fail to comply with their obligations. This risk is continually monitored in relation to the current fair value, the proportion of the notional value of the contracts and the market liquidity. The Organization, to control the level of credit risk assumed, evaluates the counterparties of the contracts using the same techniques used in its loan operations. (ii) Foreign exchange options Foreign exchange options are contracts according to which the seller (option issuer) gives to the buyer (option holder) the right, but not the obligation, to buy (call option) or sell (put option) on a certain date or during a certain period, a specific value in foreign currency. The seller receives from the buyer a premium for assuming the exchange or interest-rate risk. The options can be arranged between the Organization and a customer. The Organization is exposed to credit risk only on purchased options and only for the carrying amount, which is the fair market value. (iii) Foreign currency and interest rate futures Foreign currency and interest rate futures are contractual obligations for the payment or receipt of a net amount based on changes in foreign exchange and interest rates or the purchase or sale of a financial instrument on a future date at a specific price, established by an organized financial market. The credit risk is minimal, since the future contracts are guaranteed in cash or securities and changes in the value of the contracts are settled on a daily basis. Contracts with a forward rate are interest-rate futures operations traded individually which require settlement of the difference between the contracted rate and the current market rate over the value of the principal to be paid in cash at a future date. (iv) Forward transactions A forward operation is a contract of purchase or sale, at a fixed price, for settlement on a certain date. Because it is a futures market, in which the purchase of the share will only be made on the date of maturity, a margin deposit is necessary to guarantee the contract. This margin can be in cash or in securities. The value of the margin varies during the contract according to the variation of the share involved in the operation, to the changes of volatility and liquidity, besides the possible additional margins that the broker could request. The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Organization is as follows: R$ thousand Notional amounts Asset/(liability) On December 31 On December 31 2018 2017 2018 2017 Futures contracts • Interest rate futures Purchases 183,952,954 96,081,180 8,902 3,586 Sales 129,207,143 132,837,699 (19,133) (154,188) • In foreign currency Purchases 53,491,092 48,376,597 3,174 1,243 Sales 65,531,388 67,238,635 (1,911) (1,003) • Other Purchases 300,160 163,224 257 162 Sales 288,801 113,772 (239) (114) Options • Interest rates Purchases 37,543,735 10,663,668 560,812 101,214 Sales 37,032,836 9,616,129 (1,031,343) (535,748) • In foreign currency Purchases 15,102,480 7,335,027 898,751 605,028 Sales 11,637,761 10,274,094 (571,867) (409,587) • Other Purchases 830,352 443,443 51,704 34,013 Sales 723,729 228,141 (42,140) (20,188) Forward operations • Interest rates Purchases 213,196 - 15,577 - • In foreign currency Purchases 12,488,149 10,372,477 135,002 218,019 Sales 18,609,950 14,947,271 (188,372) (358,995) • Other Purchases 896,288 114,020 580,566 497,987 Sales 603,890 635,522 23,990 (147,138) Swap contracts • Asset position Interest rate swaps 57,751,559 56,636,856 10,413,068 11,065,095 Currency swaps 15,551,428 6,161,641 1,758,178 1,340,538 • Liability position Interest rate swaps 32,737,145 31,454,647 (10,250,643) (11,030,003) Currency swaps 23,368,049 14,288,568 (3,725,826) (1,618,035) Swaps are contracts of interest rates, foreign currency and cross currency and interest rates in which payments of interest or the principal or in one or two different currencies are exchanged for a contractual period. The risks of swap contracts refer to the potential inability or unwillingness of the counterparties to comply with the contractual terms and the risk associated with changes in market conditions due to changes in the interest rates and the currency exchange rates. The interest rate and currency futures and the forward contracts of interest rates call for subsequent delivery of an instrument at a specific price or specific profitability. The reference values constitute a nominal value of the respective instrument whose variations in price are settled daily. The credit risk associated with futures contracts is minimized due to these daily settlements. Futures contracts are also subject to risk of changes in interest rates or in the value of the respective instruments. Credit Default Swap - CDS In general, these represent a bilateral contract in which one of the counterparties buys protection against a credit risk of a particular financial instrument (its risk is transferred). The counterparty that sells the protection receives a remuneration that is usually paid linearly over the life of the operation. In the event of a default, the counterparty who purchased the protection will receive a payment, the purpose of which is to compensate for the loss of value in the financial instrument. In this case, the counterparty that sells the protection normally will receive the underlying asset in exchange for said payment. On December 31 - R$ thousand 2018 2017 Risk received in credit Swaps: 3,330,639 584,987 - Debt securities issued by companies 749,735 468,214 - Bonds of the Brazilian public debt 2,574,317 116,773 - Bonds of foreign public debt 6,587 - Risk transferred in credit Swaps: (271,236) - - Brazilian public debt derivatives (96,870) - - Foreign public debt derivatives (174,366) - Total net credit risk value 3,059,403 584,987 Effect on Shareholders' Equity 61,551 49,162 Remuneration on the counterparty receiving the risk (7,372) 195 The contracts related to credit derivatives transactions described above are due in 2025. There were no credit events, as defined in the agreements, during the period. The Organization has the following economic hedging transactions: Fair-value hedge of interest rate risk The Organization uses interest rate swaps to protect its exposure to changes in the fair value of its fixed income issuances and certain loans and advances. The interest rate swaps are matched with specific issuances or fixed income loans. Cash Flow Hedge The financial instruments classified in this category, aims to reduce exposure to future changes in interest rates, which impact the operating results of the Organization. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders' equity, net of tax effects and is only transferred to income in two situations: (i) in case of ineffectiveness of the hedge; or (ii) the realization of the hedge object. The ineffective portion of the respective hedge is recognized directly in the income statement. Strategy On December 31 - R$ thousand Hedge instrument nominal value Hedge object accounting value Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects) Hedge of interest receipts from investments in securities (1) 9,784,183 8,048,943 - - Hedge of interest payments on funding (2) 8,285,152 8,054,345 (140,745) (84,447) Total in 2018 18,069,335 16,103,288 (140,745) (84,447) * Hedge of interest receipts from investments in securities (1) 16,030,487 14,708,544 40,060 24,036 Hedge of interest payments on funding (2) 6,769,979 6,671,048 (84,044) (50,426) Total in 2017 22,800,466 21,379,592 (43,984) (26,390) (1) Referring to the DI interest rate risk, using DI Futures contracts in B3, with the maturity in 2019, making the cash flow fixed; and (2) Referring to the DI interest rate risk, using DI Futures contracts in B3, with maturity dates in 2020, making the cash flow fixed. The effectiveness of the hedge portfolio is in accordance with accounting standards. For the next 12 months, the gains/(losses) related to the cash flow hedge, which we expect to recognize in the income statement, amount to R$(33,690) thousand. The gains/(losses) related to the cash flow hedge recorded in the income statements in the year ended on December 31, 2018 were R$22,970 thousand (2017 - R$13,944 thousand). Market risk hedge The gains and losses, realized or not, of the financial instruments classified in this category, are recorded in the Statement of Income. Hedge of investments abroad The financial instruments classified in this category, have the objective of reducing the exposure to foreign exchange variation of investments abroad, whose functional currency is different from the national currency, which impacts the result of the Organization. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders' equity, net of tax effects and is only transferred to income in two situations: (i) hedge ineffectiveness; or (ii) in the disposal or partial sale of the foreign operation. The ineffective portion of the respective hedge is recognized directly in the income statement. Strategy On December 31 - R$ thousand Hedge instrument nominal value Hedge object accounting value Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects) Hedge of exchange variation on future cash flows (1) 1,375,232 755,611 (269,039) (161,423) Total in 2018 1,375,232 755,611 (269,039) (161,423) * Hedge of exchange variation on future cash flows (1) 1,110,888 582,567 (59,739) (35,843) Total in 2017 1,110,888 582,567 (59,739) (35,843) (1) Whose functional currency is different from the Real , using Forward contracts, with the object of hedging the foreign investment referenced to MXN (Mexican Peso). The effectiveness of the hedge portfolio is in accordance with accounting standards . For the next 12 months, the gains/(losses) related to the hedge of investments abroad, which we expect to recognize in the result, amount to R$4,775 thousand. Gains/(losses) related to the hedge of investments abroad recorded in income accounts in the year ended on December 31, 2018 were R$(7,943) thousand (2017 - R$(359) thousand). Other derivatives designated as hedges The Organization uses this category of instruments to manage its exposure to currency, interest rate, equity market and credit risks. Instruments used include interest-rate swaps, interest-rate swaps in foreign currency, forward contracts, futures, options, credit swaps and stock swaps. Unobservable gains on initial recognition When the valuation depends on unobservable data any initial gain or loss on financial instruments is deferred over the life of the contract or until the instrument is redeemed, transferred, sold or the fair value becomes observable. All derivatives which are part of the hedge relationships are valued on the basis of observable market data. The nominal values do not reflect the actual risk assumed by the Organization, since the net position of these financial instruments arises from compensation and/or combination thereof. The net position is used by the Organization especially to protect interest rates, the price of the underlying assets or exchange risk. The result of these financial instruments are recognized in “Net gains and losses of financial assets held for trading”, in the consolidated statement of income. Offsetting of financial assets and liabilities In accordance with IFRS 7, Bradesco must present the amounts related to financial instruments subject to master clearing agreements or similar agreements. In accordance with IAS 32, a financial asset and a financial liability are offset and their net value presented in the Consolidated Balance Sheet when, and only when, there is a legally enforceable right to offset the amounts recognized and the Bank intends to settle them in a liquid basis, or to realize the asset and settle the liability simultaneously. The table below presents financial assets and liabilities subject to compensation: R$ thousand On December 31, 2018 Amount of financial assets, gross Related amount offset in the Balance Sheet Net amount Interbank investments 60,443,537 - 60,443,537 Derivative financial instruments 14,770,594 - 14,770,594 R$ thousand On December 31, 2018 Amount of financial liabilities, gross Related amount offset in the Balance Sheet Net amount Securities sold under agreements to repurchase 190,911,877 - 190,911,877 Derivative financial instruments 16,152,087 - 16,152,087 R$ thousand On December 31, 2017 Amount of financial assets, gross Related amount offset in the Balance Sheet Net amount Interbank investments 123,691,195 - 123,691,195 Derivative financial instruments 13,866,885 - 13,866,885 R$ thousand On December 31, 2017 Amount of financial liabilities, gross Related amount offset in the Balance Sheet Net amount Securities sold under agreements to repurchase 233,467,544 - 233,467,544 Derivative financial instruments 14,274,999 - 14,274,999 On December 31, 2018 and 2017, Bradesco does not have financial instruments in its balance sheet as a result of failing to meet the IAS 32 compensation criteria, or because it has no intention to liquidate them on a net basis, or to realize the assets and settle the liabilities simultaneously.

Financial assets at fair value

Financial assets at fair value through other comprehensive income	12 Months Ended
	Dec. 31, 2018
Financial assets at fair value through other comprehensive income [Abstract]
Financial assets at fair value through other comprehensive income	24. Financial assets at fair value through other comprehensive income a) Financial assets at fair value through other comprehensive income R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Brazilian government securities 146,656,888 4,251,206 (89,339) 150,818,755 Corporate debt securities 5,932,857 187,874 (145,537) 5,975,194 Bank debt securities 6,371,576 117,435 (567,935) 5,921,076 Brazilian sovereign bonds 1,573,965 28,832 (38,130) 1,564,667 Mutual funds 2,856,590 1,742 (16,971) 2,841,361 Marketable equity securities and other stocks 11,685,525 682,783 (1,438,825) 10,929,483 Balance on December 31, 2018 (1) 175,077,401 5,269,872 (2,296,737) 178,050,536 (1) In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand. b) Maturity R$ thousand On December 31, 2018 Amortized cost Fair value Due within one year 75,814,113 75,763,826 From 1 to 5 years 65,896,910 67,290,177 From 5 to 10 years 6,189,446 6,441,750 Over 10 years 15,491,407 17,625,300 No stated maturity 11,685,525 10,929,483 Total 175,077,401 178,050,536 The financial instruments pledged as collateral, classified as Financial assets at fair value through other comprehensive income, totalled R$88,969,378 thousand in 2018, being composed mostly of Brazilian government bonds. The Organization maintained a total of R$2,099,991 thousand in financial assets at fair value through other comprehensive income pledged as collateral for liabilities in 2018. c) Investments in equity instruments designated at fair value through other comprehensive income R$ thousand Cost Adjustments to Fair Value Fair Value Marketable equity securities and other stocks 11,685,525 (756,042) 10,929,483 Total 11,685,525 (756,042) 10,929,483 The Organization adopted the option of designating equity instruments at fair value through other comprehensive income due to the particularities of a given market. d) Reconciliation of expected losses of financial assets at FVOCI : R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss of financial assets at FVOCI on January 1, 2018 21,370 44,482 55,714 121,566 Transferred to Stage 3 (748) - - (748) Out of Stage 1 - - 748 748 Assets constituted/reversed (5,910) 117,579 104,271 215,940 Expected loss of financial assets at FVOCI as of December 31, 2018 14,712 162,061 160,733 337,506 (1) The expected loss is recorded as "Expected Loss on Other Financial Assets" in the Consolidated Statement of Income.

Financial assets available for

Financial assets available for sale	12 Months Ended
	Dec. 31, 2018
Financial assets available for sale [Abstract]
Financial assets available for sale	25. Financial assets available for sale a) Available for sale R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Brazilian government securities 101,822,760 1,881,077 (422,079) 103,281,758 Corporate debt securities 40,875,928 836,715 (1,734,013) 39,978,630 Bank debt securities 1,251,066 169,142 (236,355) 1,183,853 Brazilian sovereign bonds 719,494 27,326 (18,693) 728,127 Foreign governments securities 3,210,554 175 (8,182) 3,202,547 Marketable equity securities and other stocks 11,302,834 620,896 (885,923) 11,037,807 Balance on December 31, 2017 159,182,636 3,535,331 (3,305,245) 159,412,722 b) Maturity R$ thousand On December 31, 2017 Amortized cost Fair value Due within one year 31,635,369 31,167,067 From 1 to 5 years 83,579,399 83,816,085 From 5 to 10 years 16,004,079 16,363,350 Over 10 years 16,660,955 17,028,413 No stated maturity 11,302,834 11,037,807 Total 159,182,636 159,412,722 Financial instruments pledged as collateral and classified as available for sale, totaled R$59,482,796 thousand in 2017, as disclosed in Note 30 "Financial Assets Pledged as Collateral". In 2017, the Organization maintained a total of R$4,391,259 thousand financial assets available for sale pledged as collateral for liabilities. In 2017 there was impairment in financial assets available for sale in the amount of R$1,729,039 thousand.

Loans and advances to financial

Loans and advances to financial institutions	12 Months Ended
	Dec. 31, 2018
Loans and advances to financial institutions [Abstract]
Loans and advances to financial institutions	26. Loans and advances to financial institutions R$ thousand On December 31 2018 2017 Repurchase agreements (1) 96,304,582 21,045,591 Loans to financial institutions 8,946,346 11,207,614 Impairment of loans and advances (1,978) (5,481) Total 105,248,950 32,247,724 (1) In 2018, it included investments in repo operations given in guarantee .

Loans and advances to customers

Loans and advances to customers	12 Months Ended
	Dec. 31, 2018
Loans and advances to customers [Abstract]
Loans and advances to customers	27. Loans and advances to customers R$ thousand On December 31 2018 2017 Working capital 55,922,505 52,700,584 Personal credit (1) 68,142,457 60,570,146 Housing loans 60,594,386 59,963,375 Financing and export 47,718,443 38,272,982 Onlending BNDES/Finame 25,170,115 30,655,666 Credit card 39,553,374 37,568,984 Vehicle loans 31,075,027 24,741,298 Rural loans 13,353,943 13,642,478 Import 6,886,356 5,318,042 Overdraft for corporates 7,058,014 6,587,239 Receivable insurance premiums 4,427,560 4,301,472 Overdraft for individuals 4,764,293 3,582,020 Leases 2,089,862 2,249,859 Other 44,736,320 33,659,520 Total portfolio 411,492,655 373,813,665 Impairment of loans and advances (31,105,579) (27,055,566) Total of net loans and advances to customers 380,387,076 346,758,099 (1) It included, in 2018, R$51,284,334 thousand related to consigned credit (2017 - R$43,968,511 thousand). Financial Leases Receivables Loans and advances to customers include the following financial lease receivables. R$ thousand On December 31 2018 2017 Gross investments in financial leases receivable: Up to one year 929,858 1,118,286 From one to five years 1,128,477 1,082,149 Over five years 31,527 49,424 Impairment loss on finance leases (128,564) (146,812) Net investment 1,961,298 2,103,047 Net investments in finance leases: Up to one year 884,853 1,034,188 From one to five years 1,045,773 1,021,089 Over five years 30,672 47,770 Total 1,961,298 2,103,047 Loans and advances to customers with expected loss The total balance of “Loans and advances to customers with expected loss” includes renegotiated loans and advances to customers. Such loans contemplate extension of loan payment terms, grace periods, reductions in interest rates, and/or, in some cases, the forgiveness (write-off) of part of the loan principal amount. Renegotiations may occur after debts are past due or when the Company has information about a significant deterioration in the client's creditworthiness. The purpose of such renegotiations is to adapt the loan to reflect the client's actual payment capacity. The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers: R$ thousand On December 31 2018 2017 Opening balance 17,183,869 17,501,423 Additional renegotiated amounts, including interest 15,193,567 16,185,863 Payments received (9,472,888) (10,108,040) Write-offs (5,761,336) (6,395,377) Closing balance 17,143,212 17,183,869 Expected loss on loans and advances (7,015,820) - Impairment of loans and advances - (10,853,777) Total renegotiated loans and advances to customers, net of impairment at the end of the year 10,127,392 6,330,092 Impairment on renegotiated loans and advances as a percentage of the renegotiated portfolio 40.9% 63.2% Total renegotiated loans and advances as a percentage of the total loan portfolio 4.2% 4.6% Total renegotiated loans and advances as a percentage of the total loan portfolio, net of impairment 2.7% 1.8% At the time a loan is modified, Management considers the new loan's conditions and renegotiated maturity and it is no longer considered past due. From the date of modification, renegotiated interest begins to accrue, using the effective interest rate method, taking into consideration the customer's capacity to pay the loan based on the analysis made by Management. If the customer fails to maintain the new negotiated terms, management considers ceasing accrual from that point. Additionally, any balances related to renegotiated loans and advances to customers that have already been written off and recorded in off-balance sheet accounts, as well as any gains from renegotiations, are recognized only when received. Reconciliation of the gross book value of loans and advances to clients R$ thousand Stage 1 Stage 2 Stage 3 Total Loans and advances to customers on January 1, 2018 301,561,502 42,535,223 29,716,940 373,813,665 Transferred to Stage 1 - (3,099,627) (153,138) (3,252,765) Transferred to Stage 2 (8,547,801) - (169,851) (8,717,652) Transferred to Stage 3 (4,206,794) (6,078,158) - (10,284,952) Out of Stage 1 - 8,547,801 4,206,794 12,754,595 Out of Stage 2 3,099,627 - 6,078,158 9,177,785 Out of Stage 3 153,138 169,851 - 322,989 Assets originated/Assets settled or amortized 47,475,424 (4,969,841) 13,921,048 56,426,631 Write-offs - - (18,747,641) (18,747,641) Loans and advances to customers in December 31, 2018 339,535,096 37,105,249 34,852,310 411,492,655 Reconciliation of expected losses from loans and advances to clients R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss on January 1, 2018 6,221,935 6,898,383 17,764,723 30,885,041 Transferred to Stage 1 - (462,869) (119,825) (582,694) Transferred to Stage 2 (275,265) - (100,420) (375,685) Transferred to Stage 3 (301,168) (1,211,992) - (1,513,160) Out of Stage 1 - 275,265 301,168 576,433 Out of Stage 2 462,869 - 1,211,993 1,674,862 Out of Stage 3 119,825 100,420 - 220,245 Constitution/(Reversion) 1,799,929 (1,219,485) 21,658,626 22,239,070 Write-offs - - (18,747,641) (18,747,641) Expected loss on December 31, 2018 8,028,125 4,379,722 21,968,624 34,376,471 (1) Consider expected losses on loans, commitments to be released and financial guarantees provided. R$ thousand 2017 Balance on December 31, 2016 24,780,839 Impairment of loans and advances 16,860,835 Recovery of credits charged-off as losses 7,034,857 Write-offs (21,620,965) Balance on December 31, 2017 (1) 27,055,566 (1) Does not include the effects of the initial adoption of IFRS 9, in the amount of R$3,829,475 thousand. ALL expense with expected net loss of recoveries Years ended December 31 - R$ thousand 2018 2017 Amount recorded 22,239,070 23,895,692 Amount recovered (7,147,095) (7,034,857) Allowance for Loan Losses expense net of amounts recovered 15,091,975 16,860,835

Bonds and securities at amortiz

Bonds and securities at amortized cost	12 Months Ended
	Dec. 31, 2018
Bonds and securities at amortized cost [Abstract]
Bonds and securities at amortized cost	28. Bonds and securities at amortized cost R$ thousand Amortized cost Gross unrealized gains (2) Gross unrealized losses (2) Fair value Securities: Brazilian government securities 82,661,682 7,677,826 (1,681) 90,337,827 Corporate debt securities 57,943,056 598,676 (1,955,900) 56,585,832 Balance on December 31, 2018 (1) 140,604,738 8,276,502 (1,957,581) 146,923,659 (1) In 2018, no reclassifications were made of Financial Assets at amortized cost - Bonds and securities for other categories of financial assets; and (2) The balance in question is not accounted. Maturity R$ thousand On December 31, 2018 Amortized cost Fair value Due within one year 4,257,886 4,213,891 From 1 to 5 years 91,922,854 94,608,001 From 5 to 10 years 16,437,110 16,307,290 Over 10 years 27,986,888 31,794,477 Total 140,604,738 146,923,659 The financial instruments pledged as collateral, classified as financial assets at amortized cost, totalled R$22,475,483 thousand in 2018, being composed mostly of Brazilian government bonds. The Organization maintained a total of R$2,134 thousand in financial assets at amortized cost pledged as collateral for liabilities in 2018. Reconciliation of expected losses of financial assets at amortized cost R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss of financial assets at amortized cost on January 1, 2018 91,223 505,955 1,467,942 2,065,120 Transferred to Stage 1 - (1,372) (49,146) (50,518) Transferred to Stage 2 (39,578) - (114,523) (154,101) Transferred to Stage 3 - (30,374) - (30,374) Out of Stage 1 - 39,578 - 39,578 Out of Stage 2 1,372 - 30,374 31,746 Out of Stage 3 49,146 114,523 - 163,669 Assets constitued/reversed 76,044 160,711 720,164 956,919 Expected loss of financial assets at amortized cost on December 31, 2018 178,207 789,021 2,054,811 3,022,039 (1) The expected loss balance is recorded as "Expected Loss on Other Financial Assets" in the Consolidated Statement of Income.

Investments held to maturity

Investments held to maturity	12 Months Ended
	Dec. 31, 2018
Investments held to maturity [Abstract]
Investments held to maturity	29. Investments held to maturity R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Securities: Brazilian government securities 26,738,940 2,442,844 (6,489) 29,175,295 Corporate debt securities 12,259,564 126,092 (421,874) 11,963,782 Brazilian sovereign bonds 7,614 - (420) 7,194 Balance on December 31, 2017 39,006,118 2,568,936 (428,783) 41,146,271 Maturity R$ thousand On December 31, 2017 Amortized cost Fair value Due within one year 29,412 28,998 From 1 to 5 years 10,284,940 11,070,179 From 5 to 10 years 1,933,866 1,840,428 Over 10 years 26,757,900 28,206,666 Total 39,006,118 41,146,271 The Organization maintained a total of R$2,005 thousand in assets held to maturity pledged as collateral for liabilities in 2017. In 2017 there was impairment in investments held to maturity to the amount of R$54,520 thousand.

Financial assets granted as col

Financial assets granted as collateral	12 Months Ended
	Dec. 31, 2018
Financial assets granted as collateral [Abstract]
Financial assets granted as collateral	30. Financial assets granted as collateral R$ thousand On December 31 2017 Held for trading 801,182 Brazilian government securities 801,182 Available for sale (1) 59,482,796 Brazilian government securities 53,039,884 Corporate debt securities 825,287 Bank debt securities 4,904,070 Brazilian sovereign bonds 713,555 Loans and advances to banks 123,691,195 Interbank investments (2) 123,691,195 Total 183,975,173 (1) In 2017, it included unrealized gains in the amount of R$3,246,351 thousand and unrealized losses in the amount of R$557,974 thousand; and (2) Refers to reverse repurchase agreements in which the underlying security has subsequently been sold in a separate repurchase agreement. Collateral are conditional commitments to ensure that the contractual clauses of a funding in the open market are complied with. In these collateral, the amount of R$178,964,158 thousand may be repledged and R$5,011,015 thousand sold or repledged.

Non-current assets held for sal

Non-current assets held for sale	12 Months Ended
	Dec. 31, 2018
Non-current assets held for sale [Abstract]
Non-current assets held for sale	31. Non-current assets held for sale R$ thousand On December 31 2018 2017 Assets not for own use Real estate 1,120,434 1,250,380 Vehicles and similar 231,105 262,774 Machinery and equipment 585 2,037 Other 1,206 5,782 Total 1,353,330 1,520,973 The properties or other non-current assets received in total or partial settlement of the payment obligations of debtors are considered as non-operating assets held for sale in auctions, which normally occur in up to one year. Therefore, non-current assets held for sale include the book value of the items the Organization intends to sell, which in their current condition is highly probable and expected to occur within a year.

Investments in associates and j

Investments in associates and joint ventures	12 Months Ended
	Dec. 31, 2018
Investments in associates and joint ventures [Abstract]
Investments in associates and joint ventures	32. Investments in associates and joint ventures a) Breakdown of investments in associates and joint ventures Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,679,589 1,011,125 65,967,300 16,595,791 56,802,838 10,890,157 1,883,033 3,341,909 IRB - Brasil Resseguros S.A. (3) (4) 15.23% 15.23% 606,161 174,277 10,265,219 5,417,377 10,845,420 873,938 7,036,160 1,139,542 Fleury S.A. (3) (5) 16.28% 16.28% 699,927 38,805 1,510,304 2,482,580 640,899 1,570,942 2,642,751 238,558 Aquarius Participações S.A. (6) 49.00% 49.00% 43,030 130,769 19,096 86,626 17,907 - - 266,876 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 100,597 602 2,587,712 1,503,374 2,210,690 1,880,396 6,362,896 3,010 Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 127,677 8,895 230,503 100,052 22,207 3,258 174,816 21,254 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) 49.00% 49.00% 52,571 6,689 305,278 30,249 207,894 - 9,601 13,651 Tecnologia Bancária S.A. (3) 24.32% 24.32% 115,433 (8,492) 471,119 1,488,542 511,883 1,035,574 2,225,362 (34,918) Swiss Re Corporate Solutions Brasil (3) (8) 40.00% 40.00% 345,036 (10,998) 2,110,050 1,479,827 2,509,280 246,060 973,422 (27,494) Gestora de Inteligência de Crédito S.A. (3) 20.00% 20.00% 59,098 (6,466) 165,299 173,083 42,894 - 13,726 (32,330) Other (3) - - 35,083 33,788 - - - - - - Total investments in associates 6,864,202 1,378,994 83,631,880 29,357,501 73,811,912 16,500,325 21,321,767 4,930,058 Elo Participações S.A. (9) 50.01% 50.01% 1,191,343 288,938 718,623 1,981,596 170,683 8,220 28,938 573,968 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 70,254 12,473 330,042 66,980 161,458 - 136,193 24,946 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% - (30) 2,284 1,696 4,112 - 154 (60) Total investments in joint ventures 1,261,597 301,381 1,050,949 2,050,272 336,253 8,220 165,285 598,854 Total on December 31, 2018 8,125,799 1,680,375 84,682,829 31,407,773 74,148,165 16,508,545 21,487,052 5,528,912 Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,832,660 1,219,202 76,403,596 13,151,540 71,020,292 6,833,491 2,561,394 4,056,077 IRB - Brasil Resseguros S.A. (3) (4) 15.23% 15.23% 543,025 182,432 8,512,491 6,124,173 10,138,711 947,514 3,550,438 1,197,846 Fleury S.A. (3) (5) 16.28% 16.28% 692,380 46,791 1,389,026 2,224,500 615,510 1,263,331 2,609,717 287,414 Aquarius Participações S.A. 49.00% 49.00% 263,630 116,070 242,617 532,707 237,305 - 38 236,878 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 105,649 (22,637) 3,588,848 1,283,453 3,565,394 726,468 5,432,770 (113,185) Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 118,781 16,530 285,871 118,394 33,305 8,320 61,185 39,498 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) (8) 49.00% 49.00% 46,039 4,108 221,809 28,788 141,520 - 1,270 8,384 Tecnologia Bancária S.A. (3) 24.32% 24.32% 108,752 10,209 242,480 75,702 590,872 496,090 2,534,235 41,973 Swiss Re Corporate Solutions Brasil (3) 40.00% 40.00% 463,400 (26,437) 2,178,209 1,511,924 2,411,600 437,278 490,079 (66,093) Gestora de Inteligência de Crédito S.A. (3) 20.00% 20.00% 29,513 (4,642) 118,961 43,253 18,594 - - (23,210) Other (3) - - 7,129 2,361 - - - - - - Total investments in associates 7,210,958 1,543,987 93,183,908 25,094,434 88,773,103 10,712,492 17,241,126 5,665,582 Elo Participações S.A. 50.01% 50.01% 978,195 162,070 420,804 1,776,837 96,763 3,967 18,708 324,075 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 68,231 12,393 339,236 119,406 324,764 - 161,107 24,786 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% - (39) 2,198 1,612 2 3,881 227 (78) Total investments in joint ventures 1,046,426 174,424 762,238 1,897,855 421,529 7,848 180,042 348,783 Total on December 31, 2017 8,257,384 1,718,411 93,946,146 26,992,289 89,194,631 10,720,340 17,421,168 6,014,365 Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,108,743 1,204,520 13,699,378 10,654,621 15,004,712 - 392,167 4,007,233 IRB - Brasil Resseguros S.A. (3) (4) 20.51% 20.51% 662,460 132,668 8,484,793 5,828,133 10,238,221 844,876 3,185 646,823 Fleury S.A. (3) (5) 16.39% 16.39% 651,906 17,506 1,343,162 2,021,981 429,411 1,166,607 2,045,898 106,829 Aquarius Participações S.A. (6) 49.00% 49.00% 263,632 73,640 150,233 538,267 150,474 - - 150,286 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 127,922 1,596 8,187,596 493,325 8,041,309 - 4,243,442 7,980 Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 102,251 18,517 247,475 109,390 44,890 - 22,642 44,246 Tecnologia Bancária S.A. (3) 24.32% 24.32% 98,543 71,232 193,546 1,117,398 499,341 406,459 686,800 292,862 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) 49.00% 49.00% 73,789 (7,024) 171,823 27,780 111,755 - 330,985 (14,335) Empresa Brasileira de Solda Elétrica S.A. (3) (8) 0.00% 0.00% - 3,168 - - - - - - Total investments in associates 6,089,246 1,515,823 32,478,006 20,790,895 34,520,113 2,417,942 7,725,119 5,241,924 Elo Participações S.A. 50.01% 50.01% 849,355 198,457 352,179 1,596,527 107,627 - 18,879 396,835 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 64,174 8,721 443,978 3,883 317,298 - 164,026 17,442 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% 3 (49) 3,538 - 3,532 - 256 (98) Leader S.A. Adm. de Cartões de Crédito (3) (7) 0.00% 0.00% - (23,227) - - - - - Total investments in joint ventures 913,532 183,902 799,695 1,600,410 428,457 - 183,161 414,179 Total on December 31, 2016 7,002,778 1,699,725 33,277,701 22,391,305 34,948,570 2,417,942 7,908,280 5,656,103 (1) Revenues from financial intermediation or services; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2018, the Organization received R$1,204,069 thousand of dividends and interest on capital of this investment. In its financial statements, Cielo S.A. presented R$6,948 thousand of other comprehensive income; (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (4) Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) In 2018, occurred the partial spin-off and consolidation of Fidelity Processadora S.A., controlled by Aquarius Participações S.A.; (7) In April 2016, it was consolidated after acquisition of 50% of the company; (8) In 2018, impairment losses were recorded in "associates and jointly controlled entities" in the amount of R$107,000 thousand. In 2017, it was recorded, in the amount of R$31,868 thousand, on the investment in NCR Brasil S.A. (In 2016, R$37,122 thousand on the investment in EBSE - Empresa Brasileira de Solda Elétrica S.A.); and (9) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2018, the Organization received R$38,278 thousand of dividends from this investment. In its financial statements, Elo Participações S.A. presented R$44 thousand of other comprehensive income. In 2018, with the exception of Cielo S.A., IRB - Brasil Resseguros S.A. (IRB) and Fleury S.A., the other investments mentioned in the table above were not traded regularly on any stock exchange. The market value of these investments totaled R$12,240,547 thousand (2017 - R$22,340,660 thousand). The Organization does not have any contingent liability for investments in Associates, in which it is responsible for, in part or in full. b) Changes in associates R$ thousand 2018 2017 Initial balances 8,257,384 7,002,778 Acquisitions (1) 54,019 524,155 Spin-off of associates (2) (1,175) (170,006) Transfer (3) (338,315) 5,953 Equity in net income of associates 1,680,375 1,718,411 Dividends/Interest on capital (1,385,537) (802,662) Impairment (4) (107,000) (31,868) Other (33,952) 10,623 At the end of the year 8,125,799 8,257,384 (1) In 2017, it includes the acquisition of interest in (i) Swiss Re Corporate Solutions Brasil; and in (ii) GIC - Gestora de Inteligência de Crédito; (2) In 2017, there was partial sale of the IRB; (3) In 2018, the partial spin-off and consolidation of Fidelity Processadora S.A., controlled by Aquarius Participações S.A.; and (4) In 2018, there were losses on impairment in associates, in the amount of R$107,000 thousand (2017 - R$31,868 thousand).

Property and equipment

Property and equipment	12 Months Ended
	Dec. 31, 2018
Property and equipment [Abstract]
Property and equipment	33. Property and equipment a) Composition of property and equipment by class R$ thousand Annual depreciation rate Cost Accumulated depreciation Net Buildings 4% 2,611,299 (480,093) 2,131,206 Land - 976,869 - 976,869 Installations, properties and equipment for use 10% 6,324,483 (3,161,651) 3,162,832 Security and communication systems 10% 379,099 (236,293) 142,806 Data processing systems 20% 4,231,789 (2,677,882) 1,553,907 Transportation systems 20% 92,403 (60,760) 31,643 Financial leases of data processing systems 20% 3,474,958 (2,647,385) 827,573 Balance on December 31, 2018 18,090,900 (9,264,064) 8,826,836 Buildings 4% 2,153,407 (483,266) 1,670,141 Land - 982,720 - 982,720 Installations, properties and equipment for use 10% 5,450,939 (2,667,455) 2,783,484 Security and communication systems 10% 349,228 (213,879) 135,349 Data processing systems 20% 3,950,625 (2,329,028) 1,621,597 Transportation systems 20% 86,705 (48,246) 38,459 Financial leases of data processing systems 20% 3,431,868 (2,231,143) 1,200,725 Balance on December 31, 2017 16,405,492 (7,973,017) 8,432,475 Depreciation charges in 2018 amounted to R$1,460,013 thousand (2017 - R$1,237,328 thousand). We enter into finance lease agreements as a lessee for data processing equipment, which are recorded as leased equipment in property and equipment. According to this accounting method, both the asset and the obligation are recognized in the consolidated financial statements and the depreciation of the asset is calculated based on the same depreciation policy as for similar assets. See Note 43 for disclosure of the obligation. b) Change in property and equipment by class R$ thousand Buildings Land Installations, properties and equipment for use Security and communications systems Data processing systems (1) Transportation systems Total Balance on December 31, 2017 1,670,141 982,720 2,783,484 135,349 2,822,322 38,459 8,432,475 Additions 766,074 143,103 1,045,155 39,005 390,398 5,698 2,389,433 Write-offs (12,168) (278,602) (160,587) (6,141) (1,924) - (459,422) Impairment (60,371) - - (653) (30,670) - (91,694) Depreciation (111,274) - (512,825) (24,754) (798,646) (12,514) (1,460,013) Transfer (121,196) 129,648 - - - - 8,452 Balance from an acquired institution - - 7,605 - - - 7,605 Balance on December 31, 2018 2,131,206 976,869 3,162,832 142,806 2,381,480 31,643 8,826,836 Balance on December 31, 2016 1,698,925 1,027,535 2,872,445 132,861 2,618,745 46,605 8,397,116 Additions 117,888 41,777 754,606 31,134 947,314 4,926 1,897,645 Write-offs (53,151) (86,592) (323,217) (2,540) (86,469) (100) (552,069) Impairment (73,568) - (502) (1,836) (3,288) - (79,194) Depreciation (28,840) - (521,663) (24,270) (649,583) (12,972) (1,237,328) Transfer 8,887 - 1,815 - (4,397) - 6,305 Balance on December 31, 2017 1,670,141 982,720 2,783,484 135,349 2,822,322 38,459 8,432,475 (1) Includes financial lease of data processing systems.

Intangible assets and goodwill

Intangible assets and goodwill	12 Months Ended
	Dec. 31, 2018
Intangible assets and goodwill [Abstract]
Intangible assets and goodwill	34. Intangible assets and goodwill a) Change in intangible assets and goodwill by class R$ thousand Goodwill Intangible Assets Acquisition of financial service rights (1) Software (1) Customer portfolio (1) Other (1) Total Balance on December 31, 2017 4,945,313 4,051,898 3,790,418 3,358,689 32,989 16,179,307 Additions/(reductions) 630,755 1,859,905 1,198,396 - (5,146) 3,683,910 Impairment (2) - (162) (386,265) - - (386,427) Amortization - (1,116,505) (1,361,269) (864,686) (5,782) (3,348,242) Balance on December 31, 2018 5,576,068 4,795,136 3,241,280 2,494,003 22,061 16,128,548 Balance on December 31, 2016 4,945,313 2,503,457 3,945,244 4,358,923 44,589 15,797,526 Additions/(reductions) - 2,549,335 1,203,313 - (8,944) 3,743,704 Impairment (2) - - (30,683) - - (30,683) Amortization - (1,000,894) (1,327,456) (1,000,234) (2,656) (3,331,240) Balance on December 31, 2017 4,945,313 4,051,898 3,790,418 3,358,689 32,989 16,179,307 (1) Rate of amortization: acquisition of banking rights - in accordance with contract agreement; software - 20%; Customer portfolio - up to 20%; and others - 20%; and (2) Impairment losses were recognized in the consolidated statement of income, within “Other operating income/(expenses)”. b) Composition of goodwill by segment R$ thousand On December 31 2018 2017 Banking 5,083,686 4,651,347 Insurance 492,382 293,966 Total 5,576,068 4,945,313 The Cash Generation Units allocated to the banking segment and the insurance, pension and capitalization bonds segment are tested annually for impairment of goodwill. We did not incur any goodwill impairment losses in 2018, 2017 and 2016. The recoverable amount from the Banking Segment has been determined based on a value-in-use calculation. The calculation uses cash-flow predictions based on financial budgets approved by Management, with a terminal growth rate of 6.9% p.a. (7.1% p.a. in 2017). The forecast cash flows have been discounted at a rate of 12.0% p.a. (13.6% p.a. in 2017). The key assumptions described above may change as economic and market conditions change. The Organization estimates that reasonably possible changes in these assumptions within the current economic environment are not expected to cause the recoverable amount of either unit to decline below the carrying amount.

Other assets

Other assets	12 Months Ended
	Dec. 31, 2018
Other assets [Abstract]
Other assets	35. Other assets R$ thousand On December 31 2018 2017 Financial assets (4) (5) 43,893,309 41,719,483 Foreign exchange transactions (1) 20,179,828 17,279,327 Debtors for guarantee deposits (2) 18,729,321 17,840,698 Securities trading 2,582,663 1,741,524 Trade and credit receivables 664,274 3,016,225 Receivables 1,737,223 1,841,709 Other assets 7,372,866 9,134,504 Deferred acquisition cost (insurance) - Note 40f 925,884 1,070,108 Other debtors 2,728,746 3,736,743 Prepaid expenses 741,087 1,244,602 Interbank and interdepartmental accounts 1,427,359 1,480,291 Other (3) 1,549,790 1,602,760 Total 51,266,175 50,853,987 (1) Mainly refers to purchases in foreign currency made by the institution on behalf of customers and rights in the institution's domestic currency, resulting from exchange sale operations; (2) Refers to deposits resulting from legal or contractual requirements, including guarantees provided in cash, such as those made for the filing of appeals in departments or courts and those made to guarantee services of any nature; (3) Includes basically trade and credit receivables, material supplies, other advances and payments to be reimbursed; (4) Financial assets are recorded at amortized cost; and (5) In 2018, there were no losses for impairment of other financial assets.

Deposits from banks

Deposits from banks	12 Months Ended
	Dec. 31, 2018
Deposits from banks [Abstract]
Deposits from banks	36. Deposits from banks Financial liabilities called “Deposits from banks” are initially measured at fair value and, subsequently, at amortized cost, using the effective interest rate method. Composition by nature R$ thousand On December 31 2018 2017 Demand deposits 1,139,729 1,030,292 Interbank deposits 410,975 2,168,625 Securities sold under agreements to repurchase 190,911,877 233,467,544 Borrowings 29,681,340 18,521,713 Onlending 25,170,058 30,769,294 Total 247,313,979 285,957,468

Deposits from customers

Deposits from customers	12 Months Ended
	Dec. 31, 2018
Deposits from customers [Abstract]
Deposits from customers	37. Deposits from customers Financial liabilities called “Deposits from customers” are initially measured at fair value and subsequently at amortized cost, using the effective interest rate method. Composition by nature R$ thousand On December 31 2018 2017 Demand deposits 34,178,563 33,058,324 Savings deposits 111,170,912 103,332,697 Time deposits 195,398,721 125,617,424 Total 340,748,196 262,008,445

Funds from securities issued

Funds from securities issued	12 Months Ended
	Dec. 31, 2018
Funds from securities issued [Abstract]
Funds from securities issued	38. Funds from securities issued a) Composition by type of security issued and location R$ thousand On December 31 2018 2017 Instruments Issued - Brazil: Real estate credit notes 25,381,719 27,020,911 Agribusiness notes 13,108,595 10,973,682 Financial bills 104,005,236 93,570,141 Letters of credit property guaranteed (1) 476,332 - Subtotal 142,971,882 131,564,734 Securities - Overseas: Euronotes (2) 1,270,409 634,549 Securities issued through securitization - (item (b)) 3,130,111 2,606,322 Subtotal 4,400,520 3,240,871 Structured Operations Certificates 656,616 368,485 Total 148,029,018 135,174,090 (1) Funding is secured by the Real Estate Credit Portfolio, for the amount of R$549,665 thousand, which meets all Central Bank (BACEN) Resolution No. 4,598/17 requirements: 115.38% sufficiency (including fiduciary agent remuneration), liquidity; the asset portfolio's weighted average tenor being 309 months, issuing LIGs (secured real estate notes or 'covered bonds') with tenor 35 months, none due within 180 days, receivables corresponding to 0.05% of total assets and 61.46% of the properties' guarantee amount. The credit portfolio's guarantor assets are mostly rated AA and A (66% and 23% respectively). In addition, the LIG Issue and the asset portfolio management policy, as required by Article 11 of BACEN Resolution No. 4,598/17, are located at the following address https://banco.bradesco/html/prime/produtos-servicos/investimentos/letra-imobiliaria-garantida.shtm ; and (2) Issuance of securities in the foreign market to fund customers' foreign exchange operations, export pre-financing, import financing and working capital financing, substantially in the medium and long terms. b) Securities issued through securitization Since 2003, the Organization uses certain arrangements to optimize its activities of funding and liquidity management by means of an Specific Purpose Entity (SPE). This SPE, which is called International Diversified Payment Rights Company, is financed with long-term bonds which are settled with the future cash flow of the corresponding assets, basically comprising current and future flow of payment orders sent by individuals and legal entities abroad to beneficiaries in Brazil for whom Bradesco acts as payer. The long-term instruments issued by the SPE and sold to investors will be settled with funds from the payment orders flows. The Organization is required to redeem the instruments in specific cases of default or upon closing of the operations of the SPE. The funds deriving from the sale of current and future payment orders flows, received by the SPE, must be maintained in a specific bank account until they reach a given minimum level. We show below the amounts of the securities issued by the SPE, which appear in the “Funding from issuance of securities” line item: R$ thousand Date of Issue Nominal amount Maturity On December 31 2018 2017 Securitization of the future flow of payment orders received from abroad 19.12.2008 1,168,500 20.02.2019 84 348,524 17.12.2009 89,115 20.02.2020 29,635 49,594 16.11.2011 88,860 20.11.2018 - 26,068 16.11.2011 133,290 22.11.2021 124,949 139,678 23.12.2015 390,480 21.11.2022 318,115 330,311 23.12.2015 390,480 20.11.2020 246,995 318,934 02.02.2016 889,725 22.02.2021 713,740 871,260 30.03.2016 533,835 22.02.2021 423,304 521,953 12.05.2018 1,121,100 22.02.2021 1,273,289 - Total 4,805,385 3,130,111 2,606,322 c) Net financial activity in the issuance of securities R$ thousand 2018 2017 Opening balance on December 31 135,174,090 151,101,938 Issuance 85,963,195 62,237,380 Interest 9,054,699 13,262,613 Settlement and interest payments (82,973,990) (91,324,496) Exchange variation and others 811,024 (103,345) Closing balance on December 31 148,029,018 135,174,090

Subordinated debt

Subordinated debt	12 Months Ended
	Dec. 31, 2018
Subordinated debt [Abstract]
Subordinated debt	39. Subordinated debt a) Composition of subordinated debt Maturity On December 31 - R$ thousand Original term in years Nominal amount 2018 2017 In Brazil: Subordinated CDB: 2019 10 20,000 69,851 62,303 Financial bills: 2018 (1) 6 - - 10,130,108 2019 6 21,858 39,261 36,139 2018 (1) 7 - - 316,757 2019 7 3,172,835 3,490,180 3,436,734 2020 7 1,700 3,038 2,801 2022 7 4,305,011 6,010,103 5,597,559 2023 7 1,359,452 1,829,083 1,699,872 2024 7 67,450 80,479 73,861 2025 (2) 7 5,425,906 5,578,707 - 2018 (1) 8 - - 119,417 2019 8 12,735 31,742 28,184 2020 8 28,556 59,398 54,383 2021 8 1,236 2,192 2,027 2023 8 1,706,846 2,464,978 2,265,488 2024 8 136,695 172,590 159,205 2025 8 6,193,653 6,427,806 6,624,611 2026 (2) 8 870,300 894,417 - 2021 9 7,000 14,064 13,125 2024 9 4,924 7,444 6,611 2025 9 400,944 491,031 457,679 2027 (2) 9 144,900 149,211 - 2021 10 19,200 44,962 40,429 2022 10 54,143 108,467 99,338 2023 10 688,064 1,146,189 1,070,085 2025 10 284,137 451,136 392,376 2026 10 361,196 480,443 438,776 2027 10 258,743 295,946 273,498 2028 (2) 10 248,300 257,524 - 2026 11 3,400 4,622 4,271 2027 11 47,046 58,346 53,996 2028 11 74,764 84,304 77,079 Perpetual (2) 9,201,200 9,254,743 5,004,967 Subtotal in Brazil 40,002,257 38,541,679 Overseas: 2019 10 1,333,575 2,953,103 2,520,963 2021 11 2,766,650 6,355,614 3,697,115 2022 11 1,886,720 4,332,470 5,419,644 Subtotal overseas 13,641,187 11,637,722 Total 53,643,444 50,179,401 (1) Subordinated debt transactions that matured in 2018; and (2) Issuance of subordinated financial letters, under the heading “Subordinated debt”. b) Net movement of subordinated debt R$ thousand 2018 2017 Opening balance on December 31 50,179,401 52,611,064 Issuance 10,890,606 6,594,610 Interest 3,517,067 5,100,017 Settlement and interest payments (12,941,124) (14,301,613) Exchange variation 1,997,494 175,323 Closing balance on December 31 53,643,444 50,179,401

Insurance technical provisions

Insurance technical provisions and pension plans	12 Months Ended
	Dec. 31, 2018
Insurance technical provisions and pension plans [Abstract]
Insurance technical provisions and pension plans	40. Insurance technical provisions and pension plans a) Technical provisions by account R$ thousand Insurance (1) Life and Pension (2)(3) Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Current and long-term liabilities Mathematical reserve for unvested benefits 1,218,860 1,051,507 217,884,791 207,818,859 219,103,651 208,870,366 Mathematical reserve for vested benefits 343,852 265,727 8,489,312 9,367,712 8,833,164 9,633,439 Reserve for claims incurred but not reported (IBNR) 3,401,781 3,159,967 931,154 1,030,107 4,332,935 4,190,074 Unearned premium reserve 4,283,281 4,068,716 647,709 567,369 4,930,990 4,636,085 Reserve for unsettled claims 4,472,929 4,291,432 1,345,596 1,588,489 5,818,525 5,879,921 Reserve for financial surplus - - 549,135 514,199 549,135 514,199 Other technical provisions 2,186,799 1,996,206 5,823,088 3,369,300 8,009,887 5,365,506 Total reserves 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590 (1) “Other technical provisions” - Insurance includes the Provision for Insufficient Premiums (PIP) of R$ 2,133,130 thousand and the Reserve for Related Expenses of R$ 37,577 thousand; (2) The "Other technical provisions" line of Life and Pension Plan includes "Provision for redemptions and other amounts to be settled" in the amount of R$2,248,238 thousand, "Provision for related expenses" in the amount of R$520,613 thousand, “Complementary Reserve for Coverage (PCC)” in the amount of R$1,010,035 thousand and" Other technical provisions", which includes the transfer of R$2,007,136 thousand of the mathematical provisions of benefits to be granted and benefits granted, subject to authorization by SUSEP; and (3) Includes the unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE) in the amount of R$ 158,535 thousand. b) Technical provisions by product R$ thousand Insurance Life and pension plans (1) Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Health 10,391,680 9,754,024 - - 10,391,680 9,754,024 Auto / Liability Insurance 3,209,143 3,156,847 - - 3,209,143 3,156,847 DPVAT (Personal Injury Caused by Automotive Vehicles) 601,114 506,161 2,756 3,100 603,870 509,261 Life 310,829 - 10,964,900 10,018,884 11,275,729 10,018,884 RE (Elementary branch) 1,394,736 1,416,523 - - 1,394,736 1,416,523 Free Benefits Generating Plan - PGBL - - 36,188,888 35,087,618 36,188,888 35,087,618 Free Benefits Generating Life - VGBL - - 166,104,340 158,746,205 166,104,340 158,746,205 Traditional plans - - 22,409,901 20,400,228 22,409,901 20,400,228 Total technical provisions 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590 (1) Includes personal and pension insurance operations. c) Technical provisions by aggregated products R$ thousand On December 31 2018 2017 Insurance - Vehicle, Elementary Lines, Life and Health 26,875,158 24,855,539 Insurance and Pensions - Life with Survival Coverage (VGBL) 166,104,340 158,746,205 Pensions - PGBL and Traditional Plans 49,527,947 47,623,322 Pensions - Risk Traditional Plans 9,070,842 7,864,524 Total 251,578,287 239,089,590 d) Changes in the insurance and pension technical provisions (i) Insurance - Vehicle, General, Life, Health and Pension R$ thousand Years ended December 31 2018 2017 At the beginning of the year 32,720,063 31,611,733 (-) DPVAT insurance (508,098) (473,579) Subtotal at beginning of the year 32,211,965 31,138,154 Additions, net of reversals 30,230,289 28,542,623 Payment of claims, benefits and redemptions (28,735,539) (27,156,197) Adjustment for inflation and interest 1,636,443 648,898 Partial spin-off of large risk portfolio - (961,513) Subtotal at end of the period 35,343,158 32,211,965 (+) DPVAT insurance 602,842 508,098 At the end of the year 35,946,000 32,720,063 (ii) Insurance - Life with Survival Coverage (VGBL) R$ thousand Years ended December 31 2018 2017 At the beginning of the year 158,746,205 138,670,739 Receipt of premiums net of fees 23,715,609 28,577,437 Payment of benefits (30,563) (28,758) Payment of redemptions (21,008,985) (18,985,242) Adjustment for inflation and interest 8,017,088 13,468,401 Others (3,335,014) (2,956,372) At the end of the year 166,104,340 158,746,205 (iii) Pensions - PGBL and Traditional Plans R$ thousand Years ended December 31 2018 2017 At the beginning of the year 47,623,322 45,557,528 Receipt of premiums net of fees 2,683,007 3,446,148 Payment of benefits (858,454) (759,949) Payment of redemptions (2,615,186) (2,962,505) Adjustment for inflation and interest 3,232,938 3,656,452 Others (537,680) (1,314,352) At the end of the year 49,527,947 47,623,322 e) Guarantees for the technical provisions R$ thousand Insurance Life and pension plans Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Total technical provisions 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590 (-) Commercialization surcharge - extended warranty (54,183) (138,780) - - (54,183) (138,780) (-) Portion corresponding to contracted reinsurance (125,032) (153,137) (9,859) (14,123) (134,891) (167,260) (-) Receivables (1,043,400) (925,999) - - (1,043,400) (925,999) (-) Unearned premium reserve - Health and dental insurance (1) (1,381,574) (1,268,243) - - (1,381,574) (1,268,243) (-) Reserves from DPVAT agreements (597,398) (502,491) - - (597,398) (502,491) To be insured 12,705,915 11,844,905 235,660,926 224,241,912 248,366,841 236,086,817 Investment fund quotas (VGBL and PGBL) (2) - - 198,748,039 190,639,798 198,748,039 190,639,798 Investment fund quotas (excluding VGBL and PGBL) 5,155,446 5,076,006 23,230,004 21,639,087 28,385,450 26,715,093 Government securities 10,164,283 9,011,657 19,534,894 18,608,194 29,699,177 27,619,851 Private securities 15,378 18,203 151,681 164,338 167,059 182,541 Shares 2,935 3,227 1,238,716 1,716,401 1,241,651 1,719,628 Total technical provision guarantees 15,338,042 14,109,093 242,903,334 232,767,818 258,241,376 246,876,911 (1) Deduction provided for in Article 4 of ANS Normative Resolution No. 392/15; and (2) The investment funds "VGBL" and "PGBL" were consolidated in the financial statements. f) Changes in deferred acquisition cost (insurance assets) R$ thousand Years ended December 31 2018 2017 At the beginning of the year 1,070,108 1,750,244 Additions 1,324,815 1,586,888 Reversals (1,469,039) (2,250,844) Sale of large risk portfolio - (16,180) At the end of the year 925,884 1,070,108 g) Changes in reinsurance assets R$ thousand Years ended December 31 2018 2017 At the beginning of the year 219,214 1,186,194 Additions 245,957 186,867 Reversals (239,049) (139,641) Recovered insurance losses (37,369) (259,433) Reversal/Monetary update (4,892) (411) Other (1) (7,537) (754,362) At the end of the year 176,324 219,214 (1) In 2017, includes sale of the large risk portfolio. h) Claim information The purpose of the table below is to show the inherent insurance risk, comparing the insurance claims paid with their provisions. Starting from the year in which the claim was reported, the upper part of the table shows the changes in the provision over the years. The provision varies as more precise information concerning the frequency and severity of the claims is obtained. The lower part of the table shows the reconciliation of the amounts with the amounts presented in the financial statements. Insurance, Vehicle/RCF and Elementary Lines - Claims, gross reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for the claims: · In the year after notification 1,288,259 2,219,991 2,592,573 2,859,480 3,348,274 3,224,788 3,937,126 4,428,926 4,109,825 3,749,457 3,448,593 - · One year after notification 1,247,008 2,193,645 2,562,789 2,824,610 3,240,688 3,041,662 3,663,951 4,277,245 3,912,436 3,740,543 - - · Two years after notification 1,230,236 2,179,949 2,561,264 2,809,879 3,233,150 3,009,371 3,671,822 4,232,474 3,923,389 - - - · Three years after notification 1,238,534 2,179,419 2,577,663 2,812,812 3,256,062 3,044,232 3,655,382 4,260,118 - - - - · Four years after notification 1,247,341 2,210,909 2,595,369 2,811,587 3,292,376 3,034,096 3,669,868 - - - - - · Five years after notification 1,248,036 2,209,826 2,607,212 2,840,368 3,113,580 3,049,171 - - - - - - · Six years after notification 1,274,168 2,222,800 2,611,105 2,837,693 3,128,386 - - - - - - - · Seven years after notification 1,290,615 2,240,171 2,599,521 2,850,912 - - - - - - - - · Eight years after notification 1,307,505 2,228,954 2,608,176 - - - - - - - - - · Nine years after notification 1,299,124 2,234,024 - - - - - - - - - - · Ten years after notification 1,296,266 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 1,296,266 2,234,024 2,608,176 2,850,912 3,128,386 3,049,171 3,669,868 4,260,118 3,923,389 3,740,543 3,448,593 34,209,446 Payments of claims (1,180,848) (2,216,199) (2,580,422) (2,812,101) (3,076,245) (2,992,353) (3,593,585) (4,155,367) (3,806,909) (3,599,748) (2,718,950) (32,732,727) Outstanding Claims 115,418 17,825 27,754 38,811 52,141 56,818 76,283 104,751 116,480 140,795 729,643 1,476,719 Insurance, Vehicle/RCF and Elementary Lines - Claims, net reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for net claims for reinsurance: · In the year after notification 994,132 1,954,928 2,439,011 2,653,641 3,022,457 3,021,084 3,761,029 4,074,519 3,960,519 3,710,845 3,410,760 - · One year after notification 986,525 1,933,104 2,404,646 2,617,957 2,908,173 2,849,909 3,527,585 3,954,939 3,796,535 3,702,199 - - · Two years after notification 979,044 1,931,327 2,406,805 2,609,034 2,915,173 2,832,016 3,539,989 3,900,981 3,803,980 - - - · Three years after notification 990,037 1,936,905 2,426,310 2,629,288 2,927,529 2,874,862 3,526,769 3,921,156 - - - - · Four years after notification 996,755 1,960,500 2,445,507 2,639,629 2,957,403 2,868,888 3,539,721 - - - - - · Five years after notification 1,004,225 1,966,313 2,460,692 2,670,472 2,963,901 2,884,539 - - - - - - · Six years after notification 1,017,179 1,980,991 2,472,476 2,673,132 2,978,029 - - - - - - - · Seven years after notification 1,025,547 1,994,592 2,471,407 2,686,379 - - - - - - - - · Eight years after notification 1,035,528 1,990,902 2,479,351 - - - - - - - - - · Nine years after notification 1,038,489 1,994,494 - - - - - - - - - - · Ten years after notification 1,090,755 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 1,090,755 1,994,494 2,479,351 2,686,379 2,978,029 2,884,539 3,539,721 3,921,156 3,803,980 3,702,199 3,410,760 32,491,363 Payments of claims (1,037,194) (1,978,504) (2,454,468) (2,647,785) (2,926,963) (2,828,093) (3,465,828) (3,820,923) (3,691,990) (3,562,902) (2,698,387) (31,113,037) Liquid outstanding claims for reinsurance 53,561 15,990 24,883 38,594 51,066 56,446 73,893 100,233 111,990 139,297 712,373 1,378,326 Life - Insurance claims, net reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for net claims for reinsurance: · In the year after notification 852,110 901,321 1,007,851 1,191,045 1,235,104 1,305,822 1,330,460 1,415,524 1,493,336 1,537,474 1,438,028 - · One year after notification 861,992 926,499 1,015,094 1,188,264 1,226,271 1,298,610 1,373,160 1,425,789 1,491,439 1,487,961 - - · Two years after notification 878,363 943,781 1,021,283 1,188,774 1,236,289 1,326,512 1,368,575 1,403,515 1,468,731 - - - · Three years after notification 874,269 937,472 1,011,228 1,197,624 1,236,075 1,309,876 1,277,276 1,323,435 - - - - · Four years after notification 872,339 944,170 1,022,136 1,195,079 1,234,363 1,296,147 1,242,937 - - - - - · Five years after notification 870,461 954,487 1,019,647 1,201,083 1,233,898 1,304,644 - - - - - - · Six years after notification 871,248 951,993 1,017,766 1,200,703 1,239,976 - - - - - - - · Seven years after notification 872,001 944,581 1,009,936 1,209,690 - - - - - - - - · Eight years after notification 875,280 944,664 1,017,016 - - - - - - - - - · Nine years after notification 870,736 950,290 - - - - - - - - - - · Ten years after notification 940,357 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 940,357 950,290 1,017,016 1,209,690 1,239,976 1,304,644 1,242,937 1,323,435 1,468,731 1,487,961 1,438,028 13,623,065 Payments of claims (874,391) (933,233) (983,539) (1,159,655) (1,194,341) (1,237,017) (1,124,959) (1,143,581) (1,296,273) (1,285,409) (1,047,827) (12,280,225) Liquid outstanding claims for reinsurance 65,966 17,057 33,477 50,035 45,635 67,627 117,978 179,854 172,458 202,552 390,201 1,342,840 (1) The “DPVAT” insurances were not considered in the claims development in the amount of R$71,212 thousand, "Retrocession" R$19,089 thousand, "Health and Dental" R$2,927,151 thousand, estimate of salvages and redresses in the amount of R$(155,016) thousand and incurred but not enough reported (IBNER) claims in the amount of R$136,529 thousand.

Supplemental pension plans

Supplemental pension plans	12 Months Ended
	Dec. 31, 2018
Supplemental pension plans [Abstract]
Supplemental pension plans	41. Supplemental pension plans Bradesco and its subsidiaries sponsor a private defined contribution pension for employees and directors, that allows financial resources to be accumulated by participants throughout their careers by means of employee and employer contributions and invested in an Exclusive Investment Fund (FIE). The Plan is managed by Bradesco Vida e Previdência S.A. and BRAM - Bradesco Asset Management S.A. DTVM is responsible for the financial management of the FIEs funds. The Supplementary Pension Plan counts on contributions from employees and Management of Bradesco and its subsidiaries equivalent to at least 4% of their salary and, from the company, 5% of the salary, plus the percentage allocated to covers of risk benefits (invalidity and death). Actuarial obligations of the defined contribution plan are fully covered by the plan assets of the corresponding FIE. In addition to the plan, in 2001, participants who chose to migrate from the defined benefit plan are guaranteed a proportional deferred benefit, corresponding to their accumulated rights in that plan. For the active participants, retirees and pensioners of the defined benefit plan, now closed to new members, in run-off, the present value of the actuarial obligations of the plan is completely covered by collateral assets. Banco Alvorada S.A. (successor from the spin-off of Banco Baneb S.A.) maintains defined contribution and variable benefit retirement plans, to the former employees of Baneb, through Fundação Baneb de Seguridade Social - Bases. Bradesco sponsors both defined benefit and variable contribution retirement plans, through Caixa de Assistência e Aposentadoria dos Funcionários do Banco do Estado do Maranhão (Capof), to employees originating from Banco BEM S.A. Bradesco sponsors a defined benefit plan through Caixa de Previdência Privada Bec - Cabec, for former employees of Banco do Estado do Ceará S.A. Kirton Bank Brasil S.A., Kirton Capitalização S.A., Kirton Corretora de Seguros S.A., Bradesco-Kirton Corretora de Câmbio S.A. and Kirton Seguros S.A. sponsor a defined benefit plan called APABA to employees originating from Banco Bamerindus do Brasil S.A., and Kirton Administração de Serviços para Fundos de Pensão Ltda. sponsors to its employees a defined contribution plan, known as the Kirton Prev Benefits Plan ( Plano de Benefícios Kirton Prev) , both managed by MultiBRA - Pension Fund. Banco Losango S.A., Kirton Bank Brasil S.A. and Credival - Participações, Administração e Assessoria Ltda. sponsor three pension plans for its employees, which are Losango I Benefits Plan - Basic Part, in the defined benefit mode, Losango I - Supplementary Part and PREVMAIS Losango Plan, the last two in the form of contribution variable, all managed by MultiBRA - Settlor - Multiple Fund. Bradesco took on the obligations of Kirton Bank S.A. - Banco Múltiplo with regard to Life Insurance, Health Insurance Plans, and Retirement Compensation for employees coming from Banco Bamerindus do Brasil S.A. Risk factors On December 31 2018 2017 Nominal discount rate 8.8% - 9.31% a.a. 8.5% - 10% p.a. Nominal rate of minimum expected return on assets 9.6% - 25.01% a.a. 7.01% - 25.16% a.a. Nominal rate of future salary increases 4.0% a.a. 4.3% p.a. Nominal growth rate of social security benefits and plans 4.0% a.a. 4.3% p.a. Initial rate of growth of medical costs 8.16% - 9.72% a.a. 10.51% a.a. Inflation rate 4.0% a.a. 4.3% p.a. Biometric table of overall mortality AT 2000 and BR-SEM AT 2000 and BR-SEM Biometric table of entering disability Per plan Per plan Expected turnover rate - - Probability of entering retirement 100% in the 1 st 100% in the 1 st Considering the above assumptions, in accordance with IAS 19, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below: Years ended December 31 - R$ thousand Retirement Benefits Other post-employment benefits 2018 2017 2018 2017 (i) Projected benefit obligations: At the beginning of the year 2,323,338 2,141,393 563,079 498,591 Cost of current service 151 186 - 215 Interest cost 219,239 227,980 54,654 54,230 Participant's contribution 881 1,197 - - Actuarial gain/(loss) 179,851 144,624 87,962 39,303 Benefit paid (192,870) (192,042) (36,602) (29,260) At the end of the year 2,530,590 2,323,338 669,093 563,079 (ii) Plan assets at fair value: At the beginning of the year 2,375,529 2,127,872 - - Expected earnings 225,060 227,360 - - Actuarial gain/(loss) (61,063) 196,186 - - Contributions received: Employer 15,472 14,957 - - Employees 881 1,197 - - Benefit paid (192,870) (192,043) - - At the end of the year 2,363,009 2,375,529 - - (iii) Changes in the unrecoverable surplus At the beginning of the year 206,752 123,416 - - Interest on the irrecoverable surplus 20,327 13,730 - - Change in the unrecoverable surplus (173,054) 69,606 - - At the end of the year 54,025 206,752 - - (iv) Financed position: Plans in deficit 221,606 154,561 669,093 563,079 Net balance 221,606 154,561 669,093 563,079 The net cost/(benefit) of the pension plans recognized in the consolidated statement of income includes the following components: R$ thousand Years ended December 31 2018 2017 2016 Projected benefit obligations: Cost of service 151 401 (906) Cost of interest on actuarial obligations 273,893 282,210 204,712 Expected earnings from the assets of the plan (225,060) (227,360) (174,937) Net cost/(benefit) of the pension plans 48,984 55,251 28,869 Maturity profile of the present value of the obligations of the benefit plans defined for the next yea rs: On December 31, 2018 - R$ thousand Retirement Benefits Other post-employment benefits Weighted average duration (years) 9.86 15.00 2019 202,553 34,171 2020 208,484 35,379 2021 214,845 38,409 2022 220,785 41,560 2023 226,353 45,091 After 2023 1,209,851 278,367 In 2019, contributions to defined-benefit plans are expected to total R$18,282 thousand. The long-term rate of return on plan assets is based on the following: - Medium- to long-term expectations of the asset managers; and - Public and private securities, with short to long-term maturities which represent a significant portion of the investment portfolios of our subsidiaries, the return on which is higher than inflation plus interest. The assets of pension plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan's assets by category is as follows: On December 31 Assets of the Alvorada Plan Assets of the Bradesco Plan Assets of the Kirton Plan Assets of the Losango Plan 2018 2017 2018 2017 2018 2017 2018 2017 Asset categories Equities 7.9% 4.7% 17.7% 17.3% Fixed income 93.3% 92.7% 87.5% 90.6% 100.0% 100.0% 82.3% 82.7% Real estate 5.4% 5.7% 2.5% 2.6% Other 1.3% 1.6% 2.1% 2.1% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (8.5% - 10.0% p.a.) assuming a 1 b.p. change in the discount rate: Rate Discount rate/Medical inflation rate Sensitivity Analysis Effect on actuarial liabilities Effect on the present value of the obligations Discount rate 9.80% - 10.31% Increase of 1 b.p. reduction (185,803) Discount rate 7.80% - 8.31% Decrease of 1 b.p. increase 491,193 Medical Inflation 9.16% - 10.72% Increase of 1 b.p. increase 74,081 Medical Inflation 7.16% - 8.72% Decrease of 1 b.p. reduction (62,077) Total expenses related to contributions made during the year ended on December 31, 2018 totalled R$942,427 thousand (2017 - R$988,905 thousand). In addition to this benefit, Bradesco and its subsidiaries offer other benefits to their employees and Management, including health insurance, dental care, life and personal accident insurance, and professional training. These expenses, including the aforementioned contributions, totaled, in December 31, 2018, R$4,550,580 thousand (2017 - R$5,594,368 thousand).

Provisions, Contingents Assets

Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security	12 Months Ended
	Dec. 31, 2018
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security [Abstract]
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security	42. Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security a) Contingent assets Contingent assets are not recognized in the financial statements. However, there are ongoing proceedings where the chance of success is considered probable, such as: a) Social Integration Program (PIS), Bradesco has made a claim to offset PIS against Gross Operating Income, paid under Decree-Laws No. 2,445/88 and No. 2,449/88, regarding the payment that exceeded the amount due under Supplementary Law No. 07/70 (PIS Repique); and b) other taxes, the legality and/or constitutionality of which is being challenged, where the decision may lead to reimbursement of amounts paid. b) Provisions classified as probable losses and legal obligations - tax and social security The Organization is a party to a number of labor, civil and tax lawsuits, arising from the normal course of business. Management recorded provisions based on their opinion and that of their legal counsel, the nature of the lawsuit, similarity to previous lawsuits, complexity and the courts standing, where the loss is deemed probable. Management considers that the provision is sufficient to cover losses generated by the respective lawsuits. Liability related to litigation is held until the conclusion to the lawsuit, represented by judicial decisions, with no further appeals or due to the statute of limitation. I - Labor claims These are claims brought by former employees and outsourced employees seeking indemnifications, most significantly for unpaid “overtime”, pursuant to Article 224 of the Consolidation of Labor Laws (CLT). In proceedings in which a judicial deposit is used to guarantee the execution of the judgment, the labor provision is made considering the estimated loss of these deposits. For proceedings with similar characteristics and for which there has been no official court decision, the provision is recorded based on the average calculated value of payments made for labor complaints settled in the past 12 months and for proceedings originating from acquired banks, with unique characteristics, the calculation and assessment of the required balance is conducted periodically, Overtime is monitored by using electronic time cards and paid regularly during the employment contract and, accordingly, the claims filed by former employees do not represent significant amounts. II - Civil proceedings These are claims for pain and suffering and property damages, mainly relating to protests, returned checks, the inclusion of information about debtors in the credit restriction registry and the replacement of inflation adjustments excluded as a result of government economic plans. These lawsuits are individually controlled using a computer-based system and provisioned whenever the loss is deemed as probable, considering the opinion of Management and their legal counsel, the nature of the lawsuits, similarity with previous lawsuits, complexity and positioning of the courts. Most of these lawsuits are brought to the Special Civil Court (JEC), in which the claims are limited to 40 times the minimum wage and do not have a significant impact on the Organization's financial position. In relation to the legal claims pleading alleged differences in adjustment for inflation on savings account balances due to the implementation of economic plans that were part of the federal government's economic policy to reduce inflation in the ‘80s and ‘90s, although Bradesco complied with the law and regulation in force at the time, has provisioned these lawsuits, taking into consideration the claims where Bradesco is the defendant and the perspective of loss of each demand, in view of the decisions and subjects still under analysis in the Superior Court of Justice (STJ), such as, for example, the application of default interest in executions arising from Public Civil Actions, interest payments and succession. In December 2017, with the mediation of the Attorney's General Office (AGU), the entities representing the bank and the savings accounts, entered into an agreement related to litigation of economic plans, with the purpose of closing these claims, in which conditions and schedule were established for savings accounts holders may to accede the agreement. This agreement was approved by the Federal Supreme Court (STF) on March 1, 2018, the period of adhesion was approved by the Federal Supreme Court (STF) on March 1, 2018, the period of adhesion for interested parties is for two (02) years from this date. As this is a voluntary agreement, Bradesco is unable to predict how many savings account holders will choose to accept the settlement offer. It is important to note that Bradesco understands that the provisioning was made to cover the eligible proceedings to the related agreement. The proceedings that are not in the context of the agreement, including those related to incorporated banks are evaluated individually based on the procedural stage they are in. Note that, regarding disputes relating to economic plans, the Federal Supreme Court (STF) suspended the prosecution of all lawsuits on cognizance stage, until the Court issues a final decision on the right under litigation. III - Provision for tax risks The Organization is disputing the legality and constitutionality of certain taxes and contributions in court, for which provisions have been recorded in full, although there is good chance of a favorable outcome, based on the opinion of the legal counsel. The processing of these legal obligations and the provisions for cases for which the risk of loss is deemed as probable is regularly monitored. During or after the conclusion of each case, a favorable outcome may arise for the Organization, resulting in the reversal of the related provisions. The main cases are: - PIS and COFINS - R$2,562,453 thousand (2017 - R$2,489,247 thousand): a request for authorization to calculate and pay PIS and COFINS based on effective billing, as set forth in Article 2 of Supplementary Law No. 70/91, removing from the calculation base the unconstitutional inclusion of other revenues other than those billed; - Pension Contributions - R$1,729,211 thousand (2017 - R$1,466,469 thousand): official notifications related to the pension contributions on financial contributions in private pension plans, considered by the authorities to be compensatory sums subject to the incidence of pension contributions and to an isolated fine for not withholding IRRF on the financial contributions; - IRPJ/CSLL on losses of credits - R$1,461,621 thousand (2017 - R$1,614,663 thousand): we are requesting to deduct from income tax and social contributions payable (IRPJ and CSLL, respectively) amounts of actual and definite loan losses related to unconditional discounts granted during collections, regardless of compliance with the terms and conditions provided for in Articles 9 to 14 of Law No. 9,430/96 that only apply to temporary losses; - IRPJ/CSLL on MTM - R$607,258 thousand: IRPJ and CSLL deficiency note related to the exclusions of revenues from marking Securities at fair value in 2007; - INSS of Autonomous - R$470,237 thousand (2017 - R$643,655 thousand): the Bradesco Organization is questioning the charging of social security contribution on remunerations paid to third-party service providers, established by Supplementary Law No. 84/96 and subsequent regulations/amendments, at 20.0% with an additional of 2.5%, on the grounds that services are not provided to insurance companies but to policyholders, thus being outside the scope of such a contribution as provided for in item I, Article 22 of Law No. 8,212/91, as new wording in Law No. 9,876/99; and - INSS - Contribution to SAT - R$417,442 thousand (2017 - R$401,018 thousand): in an ordinary lawsuit filed by the Brazilian Federation of Banks - Febraban, since April 2007, on behalf of its members, is questioning the classification of banks at the highest level of risk, with respect to Work Accident Risk - RAT, which eventually raised the rate of the respective contribution from 1% to 3%, in accordance with Decree No. 6,042/07. In general, the provisions relating to lawsuits are classified as long-term, due to the unpredictability of the duration of the proceedings in the Brazilian justice system. For this reason, the estimate has not been disclosed with relation to the specific year in which these lawsuits will be closed. IV - Changes in other provision R$ thousand Labor Civil Tax (1) Balance on December 31, 2017 5,554,796 5,346,563 7,589,368 Adjustment for inflation 677,970 508,399 386,671 Provisions, net of reversals and write-offs 1,289,664 912,287 531,052 Payments (1,538,827) (1,152,887) (302,885) Balance on December 31, 2018 5,983,603 5,614,362 8,204,206 Balance on December 31, 2016 5,101,732 5,003,440 8,187,237 Adjustment for inflation 637,263 484,447 500,719 Provisions, net of reversals and write-offs 1,002,559 830,642 (984,342) Payments (1,186,758) (971,966) (114,246) Balance on December 31, 2017 5,554,796 5,346,563 7,589,368 (1) In 2017, there were reversals of provisions related to: (i) the PIS process, related to the remuneration of amounts unduly paid, in the amount of R$268,729 thousand; (ii) IRPJ/CSLL on credit losses, in the amount of R$408,730 thousand; and (iii) favorable decision in the process of social security contribution on the remuneration paid to accredited dentists (INSS of Autonomous), in the amount of R$348,820 thousand. c) Contingent liabilities classified as possible losses The Organization maintains a system to monitor all administrative and judicial proceedings in which the institution is plaintiff or defendant and, based on the opinion of legal counsel, classifies the lawsuits according to the expectation of loss. Case law trends are periodically analyzed and, if necessary, the related risk is reclassified. In this respect, contingent lawsuits deemed to have a possible risk of loss are not recorded as a liability in the financial statements. The main proceedings in this category are the following: - IRPJ and CSLL - 2006 to 2013 - R$6,863,623 thousand (2017 - R$6,264,741 thousand), relating to goodwill amortization being disallowed on the acquisition of investments; - COFINS - R$5,070,337 thousand (2017 - R$4,902,151 thousand): fines and disallowances of Cofins loan compensations, released after a favorable decision in a judicial proceeding, where the unconstitutionality of the expansion of the intended calculation base was discussed for revenues other than those from billing (Law No. 9,718/98); - Leasing companies' Tax on Services of any Nature (ISSQN) - R$2,478,296 thousand (2017 - R$2,394,087 thousand) which relates to the municipal tax demands from municipalities other than those in which the company is located and where, under law, tax is collected; - IRPJ and CSLL deficiency note - 2004 to 2012 - R$1,759,431 thousand (2017 - R$2,431,844 thousand): relating to disallowance of exclusions and expenses, differences in depreciation expenses, insufficient depreciation expenses, expenses with depreciation of leased assets, operating expenses and income and disallowance of tax loss compensation; - IRPJ and CSLL deficiency note - 2012 and 2013 - R$1,689,160 thousand: due to the disallowance of operating expenses (CDI), related to resources that were capitalized between the companies of the Organization; - PIS and COFINS notifications and disallowances of compensations - R$1,445,126 thousand (2017 - R$1,399,506 thousand): related to the unconstitutional extension of the basis of calculation intended for other income other than the billing (Law No. 9,718/98), from acquired companies; - IRPJ and CSLL deficiency note - R$859,049 thousand (2017 - R$969,713 thousand): relating to disallowance of exclusions with losses in collections; and - IRPJ and CSLL deficiency note - 2008 and 2009 - R$508,180 thousand (2017 - R$489,687 thousand): relating to profit of subsidiaries based overseas.

Other liabilities

Other liabilities	12 Months Ended
	Dec. 31, 2018
Other liabilities [Abstract]
Other liabilities	43. Other liabilities R$ thousand On December 31 2018 2017 Financial liabilities 62,598,235 62,439,512 Credit card transactions (1) 22,887,885 26,163,066 Foreign exchange transactions (2) 19,801,468 17,085,029 Loan assignment obligations 8,058,619 8,454,076 Capitalization bonds 8,186,955 7,562,974 Securities trading 3,321,219 2,317,155 Liabilities for acquisition of assets - financial leases (Note 43a) 342,089 857,212 Other liabilities 34,157,435 35,377,312 Third party funds in transit (3) 7,135,635 7,211,038 Provision for payments 8,266,532 8,743,428 Sundry creditors 3,137,923 3,205,800 Social and statutory 4,966,975 4,524,457 Other taxes payable 1,757,283 1,466,306 Liabilities for acquisition of assets and rights 1,206,376 1,480,777 Other 7,686,711 8,745,506 Total 96,755,670 97,816,824 (1) Refers to amounts payable to merchants; (2) Mainly refers to the institution's sales in foreign currency to customers and its right's in domestic currency, resulting from exchange sale operations; and (3) Mainly refers to payment orders issued domestically and the amount of payment orders in foreign currency coming from overseas. a) Composition by maturity of financial leases and details of operating leases R$ thousand On December 31 2018 2017 Due within one year 296,691 564,337 From 1 to 2 years 45,398 256,327 From 2 to 3 years - 36,548 Total 342,089 857,212 Total non-cancellable minimum future payments due on operating leases in 2018 is R$11,340,768 thousand, of which R$853,882 thousand are due within 1 year, R$3,250,392 thousand between 1-5 years and R$7,236,494 thousand with more than 5 years.

Equity

Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Equity	44. Equity a) Capital and shareholders' rights i. Composition of share capital in number of shares The share capital, which is fully subscribed and paid, is divided into registered shares with no par value. On December 31 2018 2017 (1) Common 3,359,929,223 3,359,929,223 Preferred 3,359,928,872 3,359,928,872 Subtotal 6,719,858,095 6,719,858,095 Treasury (common shares) (5,535,803) (5,535,803) Treasury (preferred shares) (20,741,320) (20,741,320) Total outstanding shares 6,693,580,972 6,693,580,972 ii. Changes in capital stock, in number of shares Common Preferred Total Number of shares outstanding on December 31, 2016 (1) 3,354,393,420 3,339,187,552 6,693,580,972 Number of shares outstanding on December 31, 2017 (1) 3,354,393,420 3,339,187,552 6,693,580,972 Number of shares outstanding on December 31, 2018 3,354,393,420 3,339,187,552 6,693,580,972 (1) All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018 in proportion of one new share for every 10 shares held. In the Special Shareholders' Meeting held on March 10, 2017, the approval was proposed by the Board of Directors to increase the capital stock by R$8,000,000 thousand, increasing it from R$51,100,000 thousand to R$59,100,000 thousand, with a bonus in shares, through the capitalization of part of the balance of the account “Profit Reserves - Statutory Reserve”, in compliance with the provisions in Article 169 of Law No. 6,404/76, by issuing 555,360,173 new nominative-book entry shares, with no nominal value, whereby 277,680,101 are common shares and 277,680,072 are preferred shares, attributed free-of-charge to the shareholders as bonus, to the ratio of 1 new share for every 10 shares of the same type that they own on the base date. In the Special Shareholders' Meeting held on March 12, 2018, the approval was proposed by the Board of Directors to increase the capital stock by R$8,000,000 thousand, increasing it from R$59,100,000 thousand to R$67,100,000 thousand, with a bonus in shares, through the capitalization of part of the balance of the account “Profit Reserves - Statutory Reserve”, in compliance with the provisions in Article 169 of Law No. 6,404/76, by issuing 610,896,190 new nominative-book entry shares, with no nominal value, whereby 305,448,111 are common shares and 305,448,079 are preferred shares, attributed free-of-charge to the shareholders as bonus, to the ratio of 1 new share for every 10 shares of the same type that they own on the base date. All of the shareholders are entitled to receive, in total, a mandatory dividend of at least 30% of Bradesco's annual net income, as shown in the statutory accounting records, adjusted by transfers to reserves. The Organization has no obligation that is exchangeable for or convertible into shares of capital. As a result, its diluted earnings per share is the same as the basic earnings per share. In occurring any operation that changes the number of shares, simultaneously with the transaction in the Brazilian Market, and with the same timeframes, an identical procedure is adopted in the International Market, for the ADRs/GDRs traded in New York, USA, and Madrid, Spain. Treasury shares are recorded at cost, which is approximately equivalent to the market prices on the date they are acquired. Cancellation of treasury shares is recorded as a reduction of unappropriated retained earnings. Treasury shares are acquired for subsequent sale or cancellation. b) Reserves Capital reserves The capital reserve consists mainly of premiums paid by the shareholders upon subscription of shares. The capital reserve is used for (i) absorption of any losses in excess of accumulated losses and revenue reserves, (ii) redemption, reimbursement of purchase of shares, (iii) redemption of founders' shares, (iv) transfer to share capital, and (v) payment of dividends to preferred shares, when this privilege is granted to them. Revenue reserves In accordance with Corporate Legislation, Bradesco and its Brazilian subsidiaries must allocate 5% of their annual statutory net income, after absorption of accumulated losses, to a legal reserve, the distribution of which is subject to certain limitations. The reserve can be used to increase capital or to absorb losses, but cannot be distributed in the form of dividends. The Statutory Reserve aims to maintain an operating margin that is compatible with the development of the Organization's active operations and may be formed by up to 100% of net income remaining after statutory allocations if proposed by the Board of Executive Officers, approved by the Board of Directors and ratified at the Shareholders' Meeting, with the accumulated value limited to 95% of the Organization's paid-in capital share amount. c) Interest on own equity / Dividends Interest on own equity are calculated on the net income as determined in the financial statements prepared in accordance with Brazilian generally accepted accounting principles (BR GAAP) applicable to financial institutions authorized to operate by the Central Bank of Brazil. The dividends are paid in Reais and can be converted into US dollars and remitted to shareholders abroad, provided that the equity participation of the non-resident shareholder is registered with the Central Bank of Brazil. Brazilian companies may pay interest on equity to shareholders based on the shareholders' equity and treat these payments as deductible expenses in the Brazilian income tax and social contribution calculations. The interest cost is treated for accounting purposes as a deduction from shareholders' equity in a manner similar to dividends. Withholding income tax is levied and paid at the time that the interest on own equity is paid to the shareholders. In 2018, the Organization distributed interest on own equity of R$7,298,596 thousand, being attributed to the shareholders, the gross amount per share of R$1.04 for common shares and R$1.14 for preferred shares (2017 - R$7,204,344 thousand, R$1.03 for common shares and R$1.13 for preferred shares).

Transactions with related parti

Transactions with related parties	12 Months Ended
	Dec. 31, 2018
Transactions with related parties [Abstract]
Transactions with related parties	45. Transactions with related parties Related-party transactions (direct and indirect) are carried out according to IAS 24, the Organization has a Transaction Policy with related parties disclosed on the Investor Relations website. The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows: R$ thousand Controllers (1) Associates and Jointly controlled companies (2) Key Management Personnel (3) Total On December 31 2018 2017 2018 2017 2018 2017 2018 2017 Assets Loans and advances to banks - - 585,191 724,369 - - 585,191 724,369 Securities and derivative financial instruments 16,015 - 19,267 - - - 35,282 - Other assets 9 - 326,762 3,572 49,244 - 376,015 3,572 Liabilities Customer and financial institution resources 2,899,619 903,590 1,098,865 347,816 120,586 97,309 4,119,070 1,348,715 Securities and subordinated debt securities 8,569,271 6,632,932 - - 797,182 1,395,107 9,366,453 8,028,039 Other liabilities (4) 1,541,011 2,302,970 10,101,886 8,827,877 5,484 - 11,648,381 11,130,847 R$ thousand Controllers (1) Associates and Jointly controlled companies (2) Key Management Personnel (3) Total Years ended December 31 2018 2017 2016 2018 2017 2016 2018 2017 2016 2018 2017 2016 Revenues and expenses Net interest income (778,829) (887,059) (1,129,931) (11,814) 40,671 (41,814) (55,045) (84,818) (108,333) (845,688) (931,206) (1,280,078) Other revenues 334 - - 315,832 441,381 360,286 247 - - 316,413 441,381 360,286 Other expenses (50,745) (2,652) (2,391) (2,635,494) (289,100) (224,444) 323,130 - - (2,363,109) (291,752) (226,835) (1) Cidade de Deus Cia. Coml. de Participações, Fundação Bradesco, NCF Participações S.A., BBD Participações S.A. and Nova Cidade de Deus Participações S.A.; (2) Companies listed in Note 32; (3) Members of the Board of Directors and the Board of Executive Officers; and (4) Includes interest on shareholders' equity and dividends payable. a) Remuneration of key management personnel The following is established each year at the Annual Shareholders' Meeting: · The annual grand total amount of management compensation, set forth at the Board of Directors' Meeting, to be paid to Board members and members of the Board of Executive Officers, as determined by the Company's Bylaws; and · The amount allocated to finance Management pension plans, within the Employee and Management pension plan of the Bradesco Organization. For 2018, the maximum amount of R$530 ,689 thousand was set for Management compensation and R$534,780 thousand to finance defined contribution pension plans. The current policy on Management compensation sets forth that 50% of net variable compensation, if any, must be allocated to the acquisition of PNB shares issued by BBD Participações S.A. and/or PN shares issued by Banco Bradesco S.A., which vest in three equal, annual and successive installments, the first of which is in the year following the payment date. This procedure complies with CMN Resolution No. 3,921/10, which sets forth a Management compensation policy for financial institutions. Short-term benefits for Management R$ thousand Years ended December 31 2018 2017 2016 Salaries 485,949 456,262 441,592 Total 485,949 456,262 441,592 Post-employment benefits R$ thousand Years ended December 31 2018 2017 2016 Defined contribution supplementary pension plans 474,378 473,663 251,250 Total 474,378 473,663 251,250 The Organization has no long-term benefits or for the termination of employment contracts or for remuneration based on shares for its key Management personnel. Other information a) Under current law, financial institutions are not allowed to grant loans or advances to: (i) Officers and members of the advisory, administrative, fiscal or similar councils, as well as to their respective spouses and family members up to the (ii) Individuals or corporations that own more than 10% of their capital; and (iii) Corporations in which the financial institution itself, any officers or Management of the institution, as well as their spouses and respective family members up to the second degree own more than 10% of equity. Therefore, no loans or advances are granted by the financial institutions to any subsidiary, members of the Board of Directors or the Board of Executive Officers and their relatives. b) Equity participation Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco: On December 31 2018 2017 Common shares 0.5% 0.5% Preferred shares 1.1% 1.0% Total shares (1) 0.8% 0.8% (1) On December 31, 2018, direct and indirect shareholding of the members of the Board of Directors and the Board of Executive Officers in Bradesco totaled 2.6% of common shares, 1.1% of preferred shares and 1.9% of all shares (2017 - 2.3% of common shares, 1.1% of preferred shares and 1.7% of all shares).

Off-balance sheet commitments

Off-balance sheet commitments	12 Months Ended
	Dec. 31, 2018
Off-balance sheet commitments [Abstract]
Off-balance sheet commitments	46. Off-balance sheet commitments The table below summarizes the total risk represented by off-balance sheet commitments: R$ thousand On December 31 2018 2017 Commitments to extend credit (1) 228,113,067 203,927,816 Financial guarantees (2) 72,870,964 78,867,348 Letters of credit for imports 361,593 294,229 Total 301,345,624 283,089,393 (1) Includes available lines of credit, limits for credit cards, personal loans, housing loans and overdrafts; and (2) Refers to guarantees mostly provided for Corporate customers. Financial guarantees are conditional commitments for loans issued to ensure the performance of a customer in an obligation to a third party. There is usually the right of recourse against the customer to recover any amount paid under these guarantees. Moreover, we can retain cash or other highly-liquid funds to counter-guarantee these commitments. The contracts are subject to the same credit evaluations as other loans and advances . Standby letters of credit are issued mainly to endorse public and private debt issue agreements including commercial paper, securities financing and similar transactions. The standby letters of credit are subject to customer credit evaluation by the Management. We issue letters of credit in connection with foreign trade transactions to guarantee the performance of a customer with a third party. These instruments are short-term commitments to pay the third-party beneficiary under certain contractual terms for the shipment of products. The contracts are subject to the same credit evaluation as other loans and advances.

New standards and amendments an

New standards and amendments and interpretations of existing standards	12 Months Ended
	Dec. 31, 2018
New standards and amendments and interpretations of existing standards [Abstract]
New standards and amendments and interpretations of existing standards	47. New standards and amendments and interpretations of existing standards Standards, amendments and interpretations of existing standards for the year ended December 31, 2018 Transition to IFRS 9 · IFRS 9 replaced the guidance in IAS 39 - Financial Instruments: Recognition and Measurement. IFRS 9 is applied for financial instruments and was adopted on the effective date of the standard on January 1, 2018. IFRS 9 includes: (i) new models for the classification and measurement of financial instruments; (ii) measurement of expected credit losses for financial assets; and (iii) new requirements on hedge accounting. The new standard maintains the principal existing guidance on the recognition and derecognition of financial instruments in IAS 39. (i) Classification and Measurement - Financial assets IFRS 9 contains a new approach for classification and measurement of financial assets, where the Organization is based on the business model for the management of financial assets, in order to generate cash flow, as well as the SPPI Test, which will assess the characteristic of the cash flow and guide the classification of financial assets. Financial assets are classified into three categories, as shown below: · Amortized cost: Financial assets that are held for collection of contractual cash flows, which represent only the payment of the principal and interest. These assets are adjusted by any expectation of credit loss. · FVOCI: Financial assets that are held for collection of contractual cash flows, which represent only the payment of the principal and interest, and also for sale. Changes in the fair value of these assets are recorded in other comprehensive income, except for the recognition of impairment, interest income, dividends and exchange rate variations that are recognized directly in the income statement for the fiscal year. · FVTPL: Financial assets that do not meet the criteria to be measured at amortize cost or at FVOCI. On December 31, 2017, the Organization had equity investments classified as available for sale with fair value of R$11,038 million which are held for long-term strategic purposes. Pursuant to IFRS 9, the Organization, on current best estimates, designated these instruments as FVOCI. Thus, all fair value gains and losses should be recorded in other comprehensive income, with no impairment losses recognized in the income (loss) and no gain or loss is recycled to the income (loss) upon realization. (ii) Impairment - Financial Assets IFRS 9 replaced the model of “incurred losses” of IAS 39 with a prospective model of “expected losses”. This requires relevant judgment as to how changes in economic factors affect expected credit losses, which will be determined based on weighted probabilities. The new model of expected losses applies to the financial instruments measured at amortized cost or FVOCI (except for investments in equity instruments). Expected loan losses were calculated based on experience of actual loan losses in the past years. The Organization calculated the rates of expected loan losses based on the features of each portfolio, that is, it used quantitative models for loans assessed in a group and a combination of quantitative and qualitative models for large companies. The experience of actual loan losses was adjusted to reflect the differences between economic conditions during the period in which the historical data were collected, current conditions and the Organization's view of future economic conditions. In the prospective model of expected losses, financial assets are divided into three stages: Stage 1: Financial instruments that do not present significant deterioration in credit quality; Stage 2: Financial instruments that present significant deterioration in credit quality; and Stage 3: Financial instruments that indicate that the obligation will not be fully honored. The new model of calculation of credit losses expected based on the prospective parameter for loans and advances, commitments to loans, financial guarantees given and Private Debt Securities resulted in an increase in the provision for credit losses. (iii) Classification - Financial liabilities IFRS 9 maintains most part of the requirements of IAS 39 regarding the classification of financial liabilities. But, pursuant to IAS 39, the fair value variations of liabilities designated as FVTPL are recognized in the income (loss), whereas pursuant to IFRS 9, these changes of fair value should be presented as follows: · the fair value variation that is attributable to changes in the loan risk of financial liabilities should be presented in Other Comprehensive Income (OCI); and · the remaining value of the fair value variation should be presented in the income (loss). (iv) Hedge Accounting Upon the first adoption, the Organization opted to continue to apply the requirements of IAS 39 for hedge accounting, as permitted by IFRS 9 until the conclusion by the IASB of the macro-hedge project and the finalization of the hedge accounting section. IFRS 9 requires that the Organization ensures that the hedge accounting relations are aligned with its risk management purposes and strategies and that the Organization adopt a more qualitative and prospective approach to assess hedge effectiveness. IFRS 9 also introduces new requirements for re-balance of hedge relations and prohibits the voluntary discontinuance of the hedge accounting if inconsistent with the risk management strategies of the entity. (v) Transition Changes in accounting policies resulting from the adoption of IFRS 9 were applied retrospectively on the date of initial application. - The Organization opted for the exemption under the Standard of not restating comparative information from prior periods derived from changes in the classification and measurement of financial instruments (including expected loan). The differences in the accounting balances of financial assets and liabilities resulting from the adoption of IFRS 9 were recognized in Retained Earnings on January 1, 2018. Reconciliation of the shareholders' equity in the transition from IAS 39 to IFRS 9: R$ mil Shareholders' equity in accordance with IAS 39 as of December 31, 2017 117,693,704 IFRS 9 adjustments Expected credit loss for credit operations (1) (3,829,475) Expected credit loss for other financial assets (743,048) Remesuration of assets by virtue of the new classification of IFRS 9 (2) 644,398 Other (3) 366,102 Deferred income tax 1,424,809 Shareholders' equity in accordance with IFRS 9 as of January 1, 2018 115,556,490 (1) (2) Change of the measurement of financial assets in accordance with the new classification of IFRS 9; and (3) Accounting adequacy as required by IFRS 9 in the reclassification of securities measured at fair value through other comprehensive income. The table below presents the new reclassifications and measurements according to the IFRS 9. R$ mil IAS 39 Reclassifications (1) Remeasurement IFRS 9 Category 31/12/2017 Category 01/01/2018 Ativo Cash and cash equivalents 81,742,951 - - 81,742,951 Financial assets at fair value through profit or loss - 242,511,223 - At fair value through profit or loss 242,511,223 Financial assets held for trading Held for trading 241,710,041 (241,710,041) - - Financial assets at fair value through other comprehensive income - 182,799,142 - Fair value through other comprehensive income 218,860,066 Financial assets available for sale Available for sale 159,412,722 (159,412,722) - - Financial assets at amortized cost - - - - - Loans and advances to banks, net of impairment Loans and receivables 32,247,724 123,473,446 - At amortized cost 155,721,170 - Loans and advances to customers, net of impairment Loans and receivables 346,758,099 - (1,173,870) At amortized cost 345,584,229 - Securities net of provision for losses - 75,320,243 267,452 At amortized cost 39,526,771 - Other financial assets - 39,877,774 - At amortized cost 39,877,774 Investments held to maturity Held to maturity 39,006,118 (39,006,118) - - Financial assets pledged as collateral Other (2) 183,975,173 (183,975,173) - - Non-current assets held for sale 1,520,973 - - 1,520,973 Investments in associates and joint ventures 8,257,384 - - 8,257,384 Premises and equipment 8,432,475 - - 8,432,475 Intangible assets and goodwill 16,179,307 - - 16,179,307 Taxes to be offset 10,524,575 - - 10,524,575 Deferred taxes 43,731,911 - 1,424,809 45,156,720 Other assets 50,853,987 (39,877,774) - 10,976,213 Total assets 1,224,353,440 - 518,391 1,224,871,831 Liabilities Liabilities at amortized cost - Deposits from banks 285,957,468 - - 285,957,468 - Deposits from customers 262,008,445 - - 262,008,445 - Funds from issuance of securities 135,174,090 - - 135,174,090 - Subordinated debts 50,179,401 - - 50,179,401 - Other financial liabilities - 62,439,512 - 62,439,512 Financial liabilities at fair value through profit or loss - 14,274,999 - 14,274,999 Financial liabilities held for trading 14,274,999 (14,274,999) - - Provision for Expected Loss - - Loan Commitments - - 1,840,205 1,840,205 - Financial guarantees - - 815,400 815,400 Insurance technical provisions and pension plans 239,089,590 - - 239,089,590 Other reserves 18,490,727 - - 18,490,727 Current taxes 2,416,345 - - 2,416,345 Deferred taxes 1,251,847 - - 1,251,847 Other liabilities 97,816,824 (62,439,512) - 35,377,312 Total liabilities 1,106,659,736 - 2,655,605 1,109,315,341 Shareholders' equity Capital 59,100,000 59,100,000 Treasury shares (440,514) (440,514) Capital reserves 35,973 35,973 Profit reserves 49,481,227 49,481,227 Additional paid-in capital 70,496 70,496 Other comprehensive income 1,817,659 59,240 1,876,899 Retained earnings 7,338,990 (2,196,454) 5,142,536 Equity attributable to controlling shareholders 117,403,831 - (2,137,214) 115,266,617 Non-controlling interest 289,873 289,873 Total equity 117,693,704 - (2,137,214) 115,556,490 Total liabilities 1,224,353,440 - 518,391 1,224,871,831 (1) The main reclassifications are due to debentures, in the amount of R$35,600,087 thousand and promissory notes, in the amount of R$486,289 thousand that in accordance with IAS 39 were classified as available for sale and in accordance with IFRS 9 are measured at amortized cost; and (2) The balances under the heading "Financial assets pledged as collateral" began to be submitted in accordance with the categories of IFRS 9, which are: R$123,691,195 thousand for "Loans and advances to financial institutions, net of provision for losses"; R$801,182 thousand for "Financial assets at fair value through profit or loss" and R$59,482,796 thousand for "Financial assets at fair value through other comprehensive income". · IFRS 15 - Revenue from Contracts with Customers - requires that revenue is recognized so as to reflect the transfer of goods or services to the client for an amount that represents the company's expectation of having rights to these goods or services by way of consideration. IFRS 15 replaced IAS 18, IAS 11, and related interpretations (IFRICs 13, 15 and 18), and was be applicable from January 2018. A study on the recognition of revenue from customer contracts was conducted and the conclusion was that there was no significant impact on the Organization. Standards, amendments and interpretations of standards applicable to future periods · IFRS 16 - Leases. IFRS 16, issued in January 2016 in replacement to the standards IAS 17 Leasing Operations, IFRIC 4, SIC 15 and SIC 27 Complementary Aspects of Leasing Operations, establishes that the lessees account for all the leases according to a single model, similar to the accounting entry for finance leases according to IAS 17. IFRS 16 is mandatory for the fiscal years as per January 1, 2019 . At the beginning of a lease, the lessee should recognize a liability to make payments (a lease liability) and an asset representing the right to use object asset during the term of the lease (a right of use asset). The expenses with interest on the lease liability and expenses of depreciation of the right of use asset should be recognized separately. The potential impact that the initial application of the new standard will have on the Consolidated Financial Statements of the Organization was evaluated, as described below. The actual impacts regarding the adoption may change due to certain assumptions still subject to refinement, which are: · Use of the real or nominal discount rate; and · Exclusion of certain taxes of the payment flows of the lease contracts. 1. Leases in which Banco Bradesco is a lessee The Organization will recognize new assets and liabilities for its operating leases, mainly related to real estate and infrastructures in general. The nature of the expenditure related to such leases will change because the Organization will recognize a cost of depreciation of right of use assets and expense of interest on lease obligations, which were previously recognized as a linear expense of operating lease during the term of the lease. Based on the information currently available, the Organization estimates that the impacts on the balance sheet opening on January 1, 2019 would lead to the recognition of right of use assets and lease liabilities between R$3,984,117 and R$4,518,042. 2. Leases in which Banco Bradesco is a lessor There is no substantial change in the accounting for lessors based on IFRS 16 in relation to the current accounting in accordance with IAS 17. Thus, no significant impact is expected for leases in which the Organization is a lessor. 3. Transition Banco Bradesco will adopt IFRS 16 on January 1, 2019, using the simplified and modified retrospective approach, which does not require the disclosure of comparative information. The new standard will be adopted for contracts that were previously identified as leases that use IAS 17 and IFRIC 4 - Complementary Aspects of Leasing Operations. Therefore, the Organization does not apply the standard to contracts that have not previously been identified as contracts containing a lease under the terms of IAS 17 and IFRIC 4. · IFRS 17 - Insurance Contracts. Establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts within the scope of the Standard. The purpose of IFRS 17 is to ensure that an entity provides relevant information that faithfully represents those contracts. The general model of IFRS 17 requires insurers and reinsurers to measure their insurance contracts at the initial time by the estimated total cash flow, adjusted for the time value of money and the explicit risk related to non-financial risk, in addition to of the contractual margin of the service. This estimated value is then remeasured at each base date. The unrealized profit (corresponding to "the contractual margin of the service) is recognized over the term of the contracted coverage. Apart from this general model, IFRS 17 provides, as a way of simplifying the process, the award allocation approach. This simplified model is applicable to certain insurance contracts, including those with coverage of up to one year. "This information provides a basis for accounting firm users to evaluate the effect that insurance contracts have on the financial position, financial performance and the Company's cash flows. IFRS 17 is effective for annual periods beginning on or after January 1, 2022. The Company is in the process of evaluating the new standard in the diagnostic phase. · IFRIC 23 - Applies to any situation where there is uncertainty as to whether an income tax treatment is acceptable under tax law. The scope of the Interpretation includes all taxes covered by IAS 12, that is, both current and deferred tax. However, it does not apply to uncertainty regarding taxes covered by other standards. IFRIC 23 becomes operative for financial periods beginning on or after January 1, 2019. A study was carried out on the effects of this standard and it was concluded that there were no impacts on the Organization.

Other information

Other information	12 Months Ended
	Dec. 31, 2018
Other information [Abstract]
Other information	48. Other information On October 2, 2018, Bradesco formalized a strategic partnership with RCB Investimentos S.A. (“RCB”), one of the main credit management and recovery companies in Brazil, after the acquisition of 65% of its shares. Bradesco expects to add more efficiency to its credit recovery process, as well as actively participate in the credit acquisition market for recovery. 2. Unconsolidated structured entities are unconsolidated entities that the Organization does not control, but which have a contractual and non-contractual involvement, and provide variability of returns arising from the performance. The Organization has an involvement with structured entities through management of investment funds and portfolios making management fees and consortium management. The main unconsolidated structured entities are: (i) the investment funds managed by Organization, whose nature and involvement, generating management fees and investment in units for funds, the assets of managed funds and non-consolidated in 2018 were R$369,063,713 thousand (2017 - R$338,846,142 thousand) and revenues earned in 2018 were R$1,525,280 thousand (2017 - R$1,463,469 thousand) and (ii) the consortium which nature and involvement is related to generation management fees of consortium quotas, represented by groups of quotaholders formed to acquire specific goods, whose assets in 2018 were R$76,893,786 thousand (2017 - R$74,323,031 thousand) and the revenues were in 2018 R$1,683,942 thousand (2017 - R$1,526,660 thousand). 3. On May 31, 2016, a lawsuit was filed against three members of its Bradesco's Executive Board of Directors by the Federal Police, in the scope of the so-called "Operation Zealots", which investigates the alleged improper performance of members of the CARF - Federal Administrative Tax Court. On July 28, 2016, the Federal Public Prosecution filed an accusation against all three members of the Board of Executive Officers and a former member of its Board of Directors, which was received by the Judge of the 10th Federal Court of Judicial Section of the Federal District. At present, two of the three members of our Organization remain defendants in the proceeding. The executives of Bradesco have already submitted their respective answers to the prosecution, pointing out the facts and evidence demonstrating their innocence. The Company's Management conducted a thorough internal evaluation of the records and documents related to the indictment and found no evidence of any unlawful conduct committed by its representatives. Bradesco provided all the information requested to the competent regulatory bodies, in Brazil and abroad. The process has already had its investigation phase closed, now await the final allegations and sentence of the first degree trial. Following news reports of the "Operation Zealots", a class action was filed against Bradesco and three members of its Board of Executive Officers in the District Court of New York, on June 3, 2016, asserting claims under Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934. The lawsuit alleges that investors who purchased preferred American Depositary Shares (“ADS”) of Bradesco between April 30, 2012 and July 27, 2016 suffered losses due to a supposed violation regarding the American law of capital markets. On September 29, 2017, the Court limited the proposed class to investors who purchased ADS preferred shares of Bradesco between August 8, 2014 and July 27, 2016, as well as excluding one of the executives. The Class Action is currently, in the phase of pre-trial Discovery and class certification. On September 14, 2018, the plaintiff presented a formal request to include another class representative that has already been objected by Bradesco, which is currently being analyzed by the judge. Considering the stage that the demand is at, it is not possible to set the exposure of Bradesco's business and there are insufficient elements to carry out a risk assessment . Bradesco also was summoned by the General's Office of the Ministry of Finance on the filing of an Administrative Proceeding ("PAR"). This process may entail the possibility of application of a fine and/or mention on public lists, which may eventually lead to restrictions on business with public agencies. 4. On July 20, 2018, Odontoprev, a subsidiary of Bradesco Saúde S.A., informed the Market about the proposed acquisition of 100% of the share capital of Odonto System Planos Odontológicos Ltda., a company with head offices in Fortaleza/ Ceará, for the amount of R$201,637 thousand, in addition to this amount, the acquisition foresees a variable price for the future, related the achievement of the future targets of growth of the EBITDA for Odonto System of 2018 and 2019. This transaction was approved, with no restrictions, by the Agência Nacional de Saúde Suplementar - ANS (National Supplementary Health Agency), the Central Bank of Brazil - BACEN and the Administrative Council for Economic Defense - CADE. The transaction was approved by the shareholders of the Company, in the Shareholders' Meeting held on August 6, 2018. 5. On December 31, 2018, Bradesco and the Fidelity Group concluded the termination of its joint venture in Fidelity Processadora S.A. (" Processing Company "), whereby Bradesco will be the sole shareholder of the Processing Company, whose shareholders' equity is composed exclusively of the assets and liabilities relating to the provision of credit card processing services to the Bradesco Organization. The operation (a) aims to reduce the costs of processing and the increase in the efficiency of the credit card business; (b) will not have any impact on the activities and clients of Bradesco; and (c) did not involve any financial values. The parties, Bradesco and Fidelity Group, will also maintain their association in Fidelity Serviços S.A., a company that provides call center services, collection, fraud prevention, support and other related services. (1) The maximum amount between the book's holding period and ten days, which is the minimum regulatory horizon required by Central Bank of Brazil, is adopted.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Significant Accounting Policies (Policies) [Abstract]
Significant Accounting Policies	These consolidated financial statements of the Organization were prepared in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). The consolidated financial statements include the consolidated statements of financial position, consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows as well as the notes to the consolidated financial statements. These consolidated financial statements have been prepared based on historical cost, except for the following material items in the balance sheet: financial assets at fair value through other comprehensive income, assets and liabilities at fair value through profit or loss and financial instruments designated at fair value through profit or loss, and defined-benefit liabilities that are recognized at the present value of the defined benefit obligation. The Organization has classified its expenses according to their nature. The consolidated statement of cash flows shows the changes in cash and cash equivalents during the year arising from operating, investing and financing activities. Cash and cash equivalents include highly liquid investments. Note 20 details the accounts of the consolidated statement of financial position that comprise cash and cash equivalents. The consolidated statement of cash flows is prepared using the indirect method. Accordingly, the income before taxes was adjusted by non-cash items such as provisions, depreciation, amortization and Impairment losses on loans and advances. The interest and dividend received and paid are classified as operating, financing or investment cash flows according to the nature of the corresponding assets and liabilities. The preparation of the consolidated financial statements requires the use of estimates and assumptions which affect the reported amounts of assets and liabilities, as well as the disclosure of contingent assets and liabilities at the date of the financial statements, and the profit and loss amounts for the year. The consolidated financial statements also reflect various estimates and assumptions, including, but not limited to: adjustments to the provision for expected losses of assets and financial liabilities; estimates of the fair value of financial instruments; depreciation and amortization rates; impairment losses on assets; the useful life of intangible assets; evaluation of the realization of tax assets; assumptions for the calculation of technical provisions for insurance, supplemental pension plans and capitalization bonds; provisions for contingencies and provisions for potential losses arising from fiscal and tax uncertainties. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 4. In 2018, the Organization adopted IFRS 9 - Financial instruments, which replaced IAS 39. For more details on the transition process to the new standard, classification and measurement of financial assets, impairment and hedge accounting, see Note 47. The accounting policies listed below were used in all the periods presented and by all the companies of the Organization.
Consolidation	2.1 The consolidated financial statements include the financial statements of Bradesco and those of its direct and indirect subsidiaries, including exclusive mutual funds and special purpose entities. The main subsidiaries included in the consolidated financial statements are as follows: Activity Shareholding interest On December, 31 2018 2017 Financial Sector - Brazil Ágora Corretora de Títulos e Valores Mobiliários S.A. Brokerage 100.00% 100.00% Banco Alvorada S.A. (1) Banking 100.00% 99.99% Banco Bradescard S.A. Cards 100.00% 100.00% Banco Bradesco BBI S.A.(2) Investment bank 99.96% 99.85% Banco Bradesco BERJ S.A. Banking 100.00% 100.00% Banco Bradesco Cartões S.A. Cards 100.00% 100.00% Banco Bradesco Financiamentos S.A. Banking 100.00% 100.00% Banco Losango S.A. Banking 100.00% 100.00% Bradesco Administradora de Consórcios Ltda. Consortium management 100.00% 100.00% Bradesco Leasing S.A. Arrendamento Mercantil Leases 100.00% 100.00% Bradesco-Kirton Corretora de Câmbio S.A. (3) Exchange Broker 99.97% 99.97% Bradesco S.A. Corretora de Títulos e Valores Mobiliários Brokerage 100.00% 100.00% BRAM - Bradesco Asset Management S.A. DTVM Asset management 100.00% 100.00% Kirton Bank Brasil S.A. Banking 100.00% 100.00% Tempo Serviços Ltda. Services 100.00% 100.00% Financial Sector - Overseas Banco Bradesco Argentina S.A.U (4) (5) Banking 100.00% 99.99% Banco Bradesco Europa S.A. (5) Banking 100.00% 100.00% Banco Bradesco S.A. Grand Cayman Branch (5) (6) Banking 100.00% 100.00% Banco Bradesco S.A. New York Branch (5) Banking 100.00% 100.00% Bradesco Securities, Inc. (5) Brokerage 100.00% 100.00% Bradesco Securities, UK. Limited (5) Brokerage 100.00% 100.00% Bradesco Securities, Hong Kong Limited (5) Brokerage 100.00% 100.00% Cidade Capital Markets Ltd (5) Banking 100.00% 100.00% Bradescard México, sociedad de Responsabilidad Limitada (7) Cards 100.00% 100.00% Insurance, Pension Plan and Capitalization Bond Sector - In Brazil Atlântica Companhia de Seguros Insurance 100.00% 100.00% Bradesco Auto/RE Companhia de Seguros Insurance 100.00% 100.00% Bradesco Capitalização S.A. Capitalization bonds 100.00% 100.00% Bradesco Saúde S.A. Insurance/health 100.00% 100.00% Bradesco Seguros S.A. (8) Insurance 99.96% 100.00% Bradesco Vida e Previdência S.A. Pension plan/Insurance 100.00% 100.00% Kirton Capitalização S.A. (9) Capitalization bonds - 100.00% Kirton Seguros S.A. (9) Insurance - 98.54% Kirton Vida e Previdência S.A. (9) Pension plan/Insurance - 100.00% Odontoprev S.A. (10) Dental care 50.01% 50.01% Insurance - Overseas Bradesco Argentina de Seguros S.A. (5) (10) Insurance 99.98% 99.98% Other Activities - Brazil Andorra Holdings S.A. Holding 100.00% 100.00% Bradseg Participações S.A. Holding 100.00% 100.00% Bradescor Corretora de Seguros Ltda. Insurance Brokerage 100.00% 100.00% Bradesplan Participações Ltda. (11) Holding - 100.00% BSP Empreendimentos Imobiliários S.A. Real estate 100.00% 100.00% Cia. Securitizadora de Créditos Financeiros Rubi Credit acquisition 100.00% 100.00% Columbus Holdings S.A. Holding 100.00% 100.00% Nova Paiol Participações Ltda. Holding 100.00% 100.00% União Participações Ltda. (12) Holding - 100.00% Other Activities - Overseas Bradesco North America LLC (5) Services 100.00% 100.00% Investment Funds (13) Bradesco F.I.R.F. Master II Previdência Investment Fund 100.00% 100.00% Bradesco F.I. Referenciado DI Performance Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. R.F. VGBL F10 Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master IV Previdência Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master Previdência Investment Fund 100.00% 100.00% Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo Investment Fund 100.00% 100.00% Bradesco FI Referenciado DI União Investment Fund 99.83% 99.92% Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C Investment Fund 100.00% 100.00% Bradesco F.I.C.R.F. VGBL FIX Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. Renda Fixa V-A Investment Fund 100.00% 100.00% (1) In December 2018, there was acquisition of shares held by a minority shareholder; (2) In May 2018, there was acquisition of shares held by minority shareholders by Banco Bradesco S.A.; (3) In November 2018, there was a change in the corporate name of Bradesco-Kirton Corretora de Títulos e Valores Mobiliários S.A. to Bradesco-Kirton Corretora de Câmbio S.A.; (4) Change in the percentage of participation, by assignment of quotas and change of corporate name to unilateral company; (5) The functional currency of these companies abroad is the Real ; (6) The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas; (7) The functional currency of this company is the Mexican Peso; (8) Reduction in participation due to the merger of Kirton Seguros S.A. through the exchange of minority shares; (9) Companies merged into their repective counterparts in June 2018 (Bradesco Seguros S.A., Bradesco Capitalização S.A. and Bradesco Vida e Previdência S.A.); (10) The financial information portrayed is from the previous month; (11) Company merged in October 2018, by the company Nova Paiol Participações Ltda.; (12) Company merged in November 2018, by the company Nova Paiol Participações Ltda.; and (13) The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated. Subsidiaries Subsidiaries are all of the companies over which the Organization, has control. The Organization has control over an investee if it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The subsidiaries are fully consolidated from the date at which the Organization obtains control over its activities until the date this control ceases. For acquisitions meeting the definition of a business combination, the acquisition method of accounting is used. The cost of an acquisition is measured as the fair value of the consideration, including assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The excess of the consideration given over the fair value of the Organization's share of the identifiable net assets and non-controlling interest acquired is recorded as goodwill. Any goodwill arising from business combinations is tested for impairment at least once a year and whenever events or changes in circumstances may indicate the need for an impairment write-down. If the cost of acquisition is less than the fair value of the Organization's share of the net assets acquired, the difference is recognized directly in the consolidated statement of income. For acquisitions not meeting the definition of a business combination, the Organization allocates the cost between the individual identifiable assets and liabilities. The cost of acquired assets and liabilities is determined by (a) recognizing financial assets and liabilities at their fair value at the acquisition date; and (b) allocating the remaining balance of the cost of purchasing assets and assuming liabilities to individual assets and liabilities, other than financial instruments, based on their relative fair values of these instruments at the acquisition date. Associates Companies are classified as associates if the Organization has significant influence, but not control, over the operating and financial management policy decisions. Normally significant influence is presumed when the Organization holds in excess of 20%, but no more than 50%, of the voting rights. Even if less than 20% of the voting rights are held, the Organization could still have significant influence through its participation in the management of the investee or representations on its Board of Directors, providing it has executive power; i.e. voting power. Investments in associates are recorded in the Organization's consolidated financial statements using the equity method and are initially recognized at cost. The investments in associates include goodwill (net of any impairment losses) identified at the time of acquisition. Joint ventures The Organization has contractual agreements in which two or more parties undertake activities subject to joint control. Joint control is the contractual sharing of control over an activity and it exists only if strategic, financial and operating decisions are made on a unanimous basis by the parties. A joint venture is an arrangement in which the Group has joint control, whereby the Group has rights to the arrangement, rather than rights to its assets and obligations for its liabilities. Investments in joint ventures are recorded in the consolidated financial statements of the Organization using the equity method. Structured entities A structured entity is an entity that has been designed such that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. Structured entities normally have some or all of the following features or characteristics: • restricted activities; • a narrow and well-defined objective, such as, to effect a specific structure like a tax efficient lease, to perform research and development activities, or to provide a source of capital or funding to an entity or to provide investment opportunities for investors by passing risks and rewards associated with the assets of the structured entity to investors; • thin capitalization, that is, the proportion of ‘real' equity is too small to support the structured entity's overall activities without subordinated financial support; and • financing in the form of multiple contractually linked instruments to investors that create concentrations of credit risk or other risks (tranches). Transactions with and interests of non-controlling shareholders The Organization applies a policy of treating transactions with non-controlling interests as transactions with equity owners of the Bank. For purchases of equity from non-controlling interests, the difference between any consideration paid and the share of the carrying value of net assets of the subsidiary acquired is recorded in equity. Gains or losses on sales to non-controlling shareholders are also recorded in equity. Profits or losses attributable to non-controlling interests are presented in the consolidated statements of income under this title. Balances and transactions eliminated in the consolidation Intra-group transactions and balances (except for foreign currency transaction gains and losses) are eliminated in the consolidation process, including any unrealized profits or losses resulting from operations between the companies except when unrealized losses indicate an impairment loss of the asset transferred which should be recognized in the consolidated financial statements. Consistent accounting policies as well as similar valuation methods for similar transactions, events and circumstances are used throughout the Organization for the purposes of consolidation.
Foreign currency translation	2.2 Foreign currency translation Functional and presentation currency Items included in the financial statements of each of the Organization's entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in Brazilian Reais (R$), which is the Organization's presentation currency. The domestic and foreign subsidiaries use the Real as their functional currency, with the exception of the subsidiary in Mexico, which uses the Mexican Peso as its functional currency. Transactions and balances Foreign currency transactions, which are denominated or settled in a foreign currency, are translated into the functional currency using the exchange rates prevailing on the dates of the transactions. Monetary items denominated in foreign currency are translated at the closing exchange rate as at the reporting date. Non-monetary items measured at historical cost denominated in a foreign currency are translated at the exchange rate on the date of initial recognition; non-monetary items in a foreign currency that are measured at fair value are translated using the exchange rates on the date when the fair value was determined. Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation at each period exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statement of income as “Net gains/(losses) of foreign currency transactions”. In the case of changes in the fair value of monetary assets denominated in foreign currency classified as financial assets at fair value through other comprehensive income, a distinction is made between translation differences resulting from changes in amortized cost of the security and other changes in the carrying amount of the security. Translation differences related to changes in the amortized cost are recognized in the consolidated statement of income, and other changes in the carrying amount, except impairment, are recognized in equity. Foreign operations The results and financial position of all foreign operations (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: · Assets and liabilities for each consolidated statement of financial position presented are translated at the closing rate at the reporting date; · Income and expenses for each consolidated statement of income are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rate prevailing on the transaction dates, in which case income and expenses are translated at the rates in effect on the dates of the transactions); and · All resulting exchange differences are recognized in other comprehensive income. Exchange differences arising from the above process are reported in equity as “Foreign currency translation adjustment”. On consolidation, exchange differences arising from the translation of the net investment in foreign entities are taken to “Other comprehensive income”. If the operation is a non-wholly owned subsidiary, then the relevant proportion of the transaction difference is allocated to the non-controlling interest. When a foreign operation is partially sold or disposed, such exchange differences, which were recognized in equity, are recognized in the consolidated statement of income as part of the gain or loss on sale.
Cash and cash equivalents	2.3 Cash and cash equivalents Cash and cash equivalents include: cash, bank deposits, unrestricted balances held with the Central Bank of Brazil and other highly liquid short-term investments, with original maturities of three months or less and which are subject to insignificant risk of changes in fair value, used by the Organization to manage its short-term commitments. See Note 20(b) - “Cash and cash equivalents”.
Financial assets and liabilities	2.4 Financial assets and liabilities Accounting Practices adopted as of January 1, 2018. Financial assets In 2018, we began to apply IFRS 9, which contains a new approach for classification and measurement of financial assets, where the entity is based on the business model for the management of financial assets, as well as the characteristics of contractual cash flow of the financial asset. This new approach replaced the financial assets categories foreseen in IAS 39: (i) measured at fair value through profit or loss; (ii) investments held to maturity; (iii) loans and receivables; and (iv) available for sale. IFRS 9 classifies financial assets into three categories: (i) measured at amortized cost; (ii) measured at fair value through other comprehensive income (FVOCI - Shareholders' Equity); and (iii) measured at fair value through profit or loss (FVTPL). - Business model: it relates to the way in which the entity manages its financial assets to generate cash flows. The objective of the Management for a particular business model, is: (i) to maintain the assets to receive contractual cash flows; (ii) to maintain the assets to receive the contractual cash flows and sales; or (iii) any other model. When the financial assets conform to the business models (i) and (ii) the SPPI test (Solely Payment of Principal and Interest) should be applied. - SPPI Test: the purpose of this test is to assess the contractual terms of the financial instruments to determine if they give rise to cash flows at specific dates that conform only to the payment of the principal and interest on the principal amount. In this sense, the principal refers to the fair value of the financial asset at the initial recognition and interest refers to the consideration for the time value of money, the credit risk associated with the principal amount outstanding for a specific period of time and other risks and borrowing costs. Financial instruments that do not fall under the aforementioned concept are measured at FVTPL, such as derivatives. • Measured at fair value through profit or loss All financial assets that do not meet the criteria of measurement at amortized cost or at FVOCI are classified as measured at FVTPL, in addition to those assets that in the initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches. Financial assets measured at FVTPL are initially recorded at fair value with subsequent changes to the fair value recognized immediately in profit or loss. They are held for trading if it is acquired by Organization for the purpose of selling it in the short-term or if it is part of a portfolio of identified financial instruments that are managed together for short-term profit or position taking, or, eventually, assets that do not meet the SPPI test. Derivative financial instruments are also categorized as FVTPL. Financial assets are initially recognized in the consolidated statement of financial position at fair value and the transaction costs are recorded directly in the consolidated statement of income. Realized and unrealized gains and losses arising from changes in fair value of non-derivative assets are recognized directly in the consolidated statement of income under “Net gains/(losses) on financial assets and liabilities at fair value through profit or loss”. Interest income on financial assets measured at FVTPL is included in “Interest and similar income”. For the treatment of derivative assets see Note 2(d)(iii). · Measured at fair value through other comprehensive income They are financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is both to maintain the assets to receive the contractual cash flows as well as for sale. Financial assets are initially recognized at fair value, plus any transaction costs that are directly attributable to their acquisition or their issuance and are, subsequently, measured at fair value with gains and losses being recognized in other comprehensive income, except for impairment losses and foreign exchange gains and losses on debt securities, until the financial asset is derecognized. The expected credit losses are recorded in the consolidated statement of income in contrast to "Other comprehensive income", having no impact on the gross carrying amount of the asset. Interest income is recognized in the consolidated statement of income using the effective interest method. Dividends on equity instruments are recognized in the consolidated statement of income in ‘Dividend income', within “Net Gains/(losses) on financial assets at fair value through other comprehensive income” when the Organization's right to receive payment is established. Gains or losses arising out of exchange variation on investments in debt securities classified as FVOCI are recognized in the consolidated statement of income. See Note 2(d)(viii) for more details of the treatment of the expected credit losses. · Measured at amortized cost Financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is to maintain the assets to receive the contractual cash flows. Financial assets measured at amortized cost are recognized initially at fair value including direct and incremental costs, and are subsequently recorded at amortized cost, using the effective interest rate method. Interest are recognized in the consolidated statement of income and reported as “Interest and similar income”. In the case of expected credit loss, it is reported a deduction from the carrying value of the financial asset and is recognized in the consolidated statement of income. Financial liabilities The Organization classifies its financial liabilities as subsequently measured at amortized cost, using the effective interest rate method, except for the following financial instruments. · Measured at fair value through profit and loss These financial liabilities are recorded and measured at fair value and the respective changes in fair value are immediately recognized in the income statement. These liabilities can be subdivided into two different classifications upon initial recognition: financial liabilities designated at fair value through profit and loss and financial liabilities held for trading. - Financial liabilities designated at FVTPL on initial recognition These are liabilities that on initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches. The Organization does not have any financial liability designated at fair value through profit and loss in income. - Financial liabilities held for trading Financial liabilities held for trading recognized by the Organization are derivative financial instruments. For the treatment of derivatives see Note 2(d)(iii). · Financial guarantee contracts and loan commitments Financial guarantees are contracts that require the Organization to make specific payments under the guarantee for a loss incurred when a specific debtor fails to make a payment when due in accordance with the terms of the debt instrument. Financial guarantees are initially recognized in the financial statements at fair value on the date the guarantee was given. Subsequent to initial recognition, the Organization's obligations under such guarantees are measured by the higher value between (i) the value of the provision for expected losses and (ii) the value initially recognized, minus, if appropriate, the accumulated value of the revenue from the service fee. The fee income earned is recognized on a straight-line basis over the life of the guarantee. Any increase in the liability relating to guarantees is reported in the consolidated statement of income within “Other operating income/ (expenses)”. Loan commitments are recognized as the amount of expected credit loss calculated as described in Note 3.1. Derivative financial instruments and hedge transactions Derivatives are initially recognized at fair value on the date the derivative contract is signed and are, subsequently, re-measured at their fair values with the changes recognized in the income statement under “Net gains or losses on financial assets at fair value through profit or loss”. Fair values are obtained from quoted market prices in active markets (for example, for exchange-traded options), including recent market transactions, and valuation techniques (for example for swaps and foreign currency transactions), such as discounted cash-flow models and options-pricing models, as appropriate. The calculation of fair value, the counterparty's and the entity's own credit risk are considered. Certain derivatives embedded in other financial instruments are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host contract and the host contract is not recorded at fair value through profit or loss. These embedded derivatives are separately accounted for at fair value, with changes in fair value recognized in the consolidated statement of income. The Organization has structures of cash flow hedges, whose objective is to protect the exposure to variability in cash flows attributable to a specific risk associated with all the assets or liabilities recognized, or a component of it. The details of these structures have been presented in Note 3.2 - Market risk. Recognition Initially, the Organization recognizes deposits, securities issued and subordinated debts and other financial assets and liabilities on the trade date, in accordance with the contractual provisions of the instrument. Derecognition Financial assets are derecognized when there is no reasonable expectation of recovery, when the contractual rights to receive the cash flows from these assets have ceased to exist or the assets have been transferred and substantially all the risks and rewards of ownership of the assets are also transferred. Financial liabilities are derecognized when they have been discharged, paid, redeemed, cancelled or expired. If a renegotiation or modification of terms of an existing financial asset is such that the cash flows of the modified asset are substantially different from those of the original unmodified asset, then the original financial asset is derecognized and the modified financial asset is recognized as a new financial asset and initially measured at fair value. Offsetting financial instruments Financial assets and liabilities are offset and the net amount reported in the consolidated statement of financial position when, the Organization has the intention and the legal enforceable right to offset the recognized amounts on a net basis or realize the asset and settle the liability simultaneously. Determination of fair value The determination of the fair values for the majority of financial assets and liabilities is based on the market price or quotes of security dealers for financial instruments traded in an active market. The fair value for other instruments is determined using valuation techniques. The valuation techniques which include use of recent market transactions, discounted cash flow method, comparison with other instruments similar to those for which there are observable market prices and valuation models. For more common other instruments the Organization uses widely accepted valuation models that consider observable market data in order to determine the fair value of financial instruments. For more complex instruments, the Organization uses its own models that are usually developed from standard valuation models. Some of the information included in the models may not be observable in the market and is derived from market prices or rates or may be estimated on the basis of assumptions. The value produced by a model or by a valuation technique is adjusted to reflect various factors, since the valuation techniques do not necessarily reflect all of the factors that market participants take into account during a transaction. The valuations are adjusted to consider the risks of the models, differences between the buy and sell price, credit and liquidity risks, as well as other factors. Management believes that such valuation adjustments are necessary and appropriate for the correct evaluation of the fair value of the financial instruments recorded in the consolidated statement of financial position. More details on the calculation of the fair value of financial instruments are available in Note 3.4. Expected credit losses The Organization calculates the expected losses in prospective bases for financial instruments measured at amortized cost, at FVOCI (with the exception of investments in equity instruments), financial guarantees and loan commitments. Expected credit losses on financial instruments are measured as follows: Financial assets: it is the present value of the difference between contractual cash flows and the cash flows that the Organization hopes to recover discounted at the effective interest rate of the operation; Financial guarantees: it is the present value of the difference between the expected payments to reimburse the holder of the guarantee and the values that the Organization expects to recover discounted at a rate that reflects the market conditions; and Loan commitments: is the present value of the difference between the contractual cash flows that would be due if the commitment was used and the cash flows that the Organization expects to recover discounted at a rate that reflects the market conditions. Expected losses will be measured on one of the following basis: - Credit losses expected for 12 months, i.e., credit losses as a result of possible events of delinquency within 12 months after the reporting date; and - Credit Losses expected for the whole of lifecycle, i.e., credit losses that result from all possible events of delinquency throughout the expected lifecycle of a financial instrument. The measurement of expected losses for the whole lifecycle is applied when the credit risk of a financial asset, on the date of the report, has increased significantly since its initial recognition and the measurement of credit loss of 12 months is applied when the credit risk has not increased significantly since its initial recognition. The Organization may determine that the credit risk of a financial asset has not increased significantly when the asset has a low credit risk on the date of the report. With respect to Brazilian government bonds, the Organization has internally developed a study to assess the credit risk of these securities, which does not expect any loss for the next 12 months, that is, no provision is required for credit losses. The Organization evaluates if the credit risk increased significantly for both individual assets and assets at collective level. For the purposes of a collective evaluation, financial assets are grouped on the basis of similar credit-risk characteristics (that is, on the basis of the Organization's rating process that considers product type, market segment, geographical location, collateral type, past-due status and other related factors). Those characteristics are relevant to the estimation of future cash flows for groups of such assets by being indicative of the debtors' ability to pay all amounts due according to the contractual terms of the assets being evaluated. The amount of loss is measured as the difference between the asset's carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset's original effective interest rate. The asset's carrying amount is reduced through provisions and the amount of the loss is recognized in the consolidated statement of income. The calculation of the present value of the estimated future cash flows of a collateralized financial asset reflects the cash flows that may result from foreclosure less costs for obtaining and selling the collateral. The methodology and assumptions used for estimating future cash flows are reviewed regularly to mitigate any differences between loss estimates and actual loss experience. Following the recognition of expected credit loss, interest income is recognized using the effective rate of interest which was used to discount the future cash flows, on the accounting value gross of provision, except for assets with problem of credit recovery, in which, the rate stated is applied at the net book value of the provision. The whole or part of a financial asset is written off against the related credit loss expected when there is no reasonable expectation of recovery. Such loans are written off after all the relevant collection procedures have been completed and the amount of the loss has been determined. Subsequent recoveries of amounts previously written off are credited to the consolidated statement of income. The criteria used to calculate the expected credit loss are detailed in Note 3.1. Accounting Practices adopted until December 31, 2017. The Organization opted for the exemption provided by the Standard not to restate comparative information from prior periods arising from the changes arising from IFRS 9, therefore we present below the accounting policies applied to Financial Instruments up to December 31, 2017: Sale and repurchase agreements Securities sold subject to repurchase agreements are presented in the consolidated financial statements in “Financial assets pledged as collateral”. The counterparty liability is included in “Deposits from Banks”. Securities purchased under agreements to resell are recorded in “Loans and advances to banks” or “Loans and advances to customers”, as appropriate. The difference between sale and repurchase price is treated as interest in the consolidated statement of income and recognized over the life of the agreements using the effective interest rate method. Financial assets The Organization classifies its financial assets into the following categories: measured at fair value through profit or loss, available-for-sale, held-to-maturity and loans and receivables. The classification depends on the purpose for which the financial assets were acquired. Management determines the classification of its financial assets on initial recognition. · Measured at fair value through profit or loss Financial assets are recorded and initially measured at fair value, with subsequent subsequent changes in fair value recognized immediately in profit or loss. These assets can be subdivided into two distinct classifications: financial assets designated at fair value through profit or loss; and financial assets for trading (upon initial recognition). - Financial assets designated at fair value through profit or loss The Organization does not have any financial assets designated at fair value through profit or loss. - Financial assets for trading (except Derivatives) Financial assets for trading are assets held by the Organization for the purpose of trading them in the short term or maintaining them as part of a managed portfolio in order to obtain short-term profit or to take positions. Derivative financial instruments are also classified as held for trading. Financial assets held for trading are initially recognized and measured at fair value on the balance sheet, and transaction costs are recorded directly in the statement of income for the period. Realized and unrealized gains and losses arising from changes in the fair value of non-derivative financial assets are recognized directly in the income statement under "Gains and losses net of financial assets for trading". Interest income on financial assets held for trading is recognized in "Net interest income". · Available-for-sale financial assets Available-for-sale financial assets are non-derivative financial assets, for which it is intended to be held for an indefinite period of time, and which may be sold in response to changes in interest rates, foreign exchange rates, prices of equity securities or liquidity needs or that are not classified as held-to-maturity, loans and receivables or at fair value through profit or loss. They are initially recognized at fair value, which corresponds to the amount paid including transaction costs and is subsequently measured at fair value with gains and losses recognized in equity, other comprehensive income, except for impairment losses recoverable from exchange gains and losses until the financial asset is no longer recognized. If an available-for-sale financial asset presents a loss due to impairment, the accumulated loss recorded in other comprehensive income is recognized in the statement of income. Interest income is recognized in the income statement using the effective interest rate method. Dividend income is recognized in the consolidated statement of income when the Organization becomes entitled to the dividend. Foreign exchange gains and losses on investments in debt securities classified as available for sale are recognized in the consolidated statement of income. · Held-to-maturity investments Held-to-maturity investments are non-derivative financial assets with fixed or determinable payments and fixed maturity that the Organization has the intention and ability to hold to maturity and which are not designated at the initial recognition as at fair value through profit or loss, or as available for sale and that do not meet the definition of loans and receivables. They are initially recognized at fair value including direct and incremental costs and are subsequently accounted for at amortized cost using the effective interest rate method. Interest on investments held to maturity is included in the consolidated statement of income as "Interest and similar income". In the event of impairment, the impairment loss is recognized as a deduction from the carrying amount of the investment and is recognized in the consolidated statement of income. · Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market that have not been designated as "available for sale" or "at fair value through profit or loss" and that the Organization does not intends to sell immediately or in the short term. They are initially measured at fair value plus direct transaction costs and subsequently measured at amortized cost using the effective interest rate method. Loans and receivables are recognized in the balance sheet as loans and advances to financial institutions or to customers. Interest on loans is included in the income statement as "Interest and similar income". In the event of impairment, the impairment loss is reported as a reduction in the book value of loans and advances and is recognized in the statement of income as "Impairment losses on loans and advances". Financial liabilities The Organization classifies its financial liabilities in the following categories: measured at fair value through profit or loss and at amortized cost. · Measured at fair value through profit or loss They are recorded and valued at fair value, and the respective changes in fair value are recognized immediately in profit or loss. These liabilities can be subdivided into two distinct classifications: financial liabilities designated at fair value through profit or loss and financial liabilities for trading. - Financial liabilities at fair value through profit or loss The Organization does not have any financial liabilities designated at fair value through profit or loss. - Financial liabilities for trading The financial liabilities for trading recognized by the Organization are derivative financial instruments. · Financial liabilities at amortized cost These are financial liabilities that are not measured at fair value through profit or loss. They are initially recorded at fair value and subsequently measured at amortized cost. They include, among others, resources from financial and client institutions, debt securities issuance and subordinated debt securities. Deposits, securities issued and subordinated liabilities Deposits, securities issued and subordinated liabilities are the main funding sources used by the Organization to finance its operations. They are initially measured at fair value plus transaction costs and subsequently measured at amortized cost using the effective interest rate method. Derivative financial instruments and hedge operations Derivatives are initially recognized at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair values with the changes being recognized in the statement of income under "Gains and losses on financial assets held for trading". Fair values are derived from quoted market prices in active markets (for example, exchange traded options), including recent market transactions and valuation techniques (eg, swaps and currency transactions), discounted cash and option pricing models, as appropriate. In determining the fair value, the credit risk of the counterparty and the entity itself is considered. Certain derivatives embedded in other financial instruments are treated as separate derivatives when their economic characteristics and risks are not closely related to those in the main contract and the contract is not accounted for at fair value through profit or loss. These embedded derivatives are recorded separately at fair values, with changes in fair values being included in the consolidated income statement. Impairment of financial assets a) Financial assets recognized at amortized cost At each balance sheet date, the Organization assesses whether there is objective evidence that the carrying amount of the financial assets is impaired. Impairment losses are only recognized if there is objective evidence that a loss occurs after the initial recognition of the financial asset and that the loss has an impact on the future cash flows of the financial asset or group of financial assets , which can be estimated reliably. The criteria that the Organization uses to determine whether there is objective evidence of a impairment loss include: - Relevant financial difficulty of the issuer or borrower; - A breach of contract, such as default or delays in the payment of interest or principal; - Economic or legal reasons related to the financial difficulty of the borrower, guarantees to the borrower a concession that the creditor would not consider; - When it becomes probable that the policyholder declares bankruptcy or other financial reorganization; - The disappearance of an active market for that financial asset due to financial difficulties; or - Observable data indicating that there is a measurable reduction in estimated future cash flows from a portfolio of financial assets since the initial recognition of those assets, although the loss event can not yet be identified at the level of the individual financial assets in the portfolio, including: (i) adverse changes in the payment situation of the borrowers of the assessed group; and (ii) national or local economic conditions that correlate with default on assets. The Organization considers evidence of impairment for both individually significant assets and for assets at the collective level. All significant financial assets are valued for specific losses. All significant assets that the evaluation indicates are not specifically impaired are evaluated collectively to detect any impairment losses incurred but not yet identified. Financial assets, accounted for at amortized cost, which are not individually significant, are evaluated collectively to detect impairment losses, grouping them according to similar risk characteristics. Financial assets, which are individually assessed for impairment and a loss is recognized, are not included in the collective assessment of impairment. The amount of the loss is measured as the difference between the book value of the assets and the present value of the estimated future cash flows (excluding future credit losses that were not incurred) discounted at the original interest rate of the financial assets. The book value of the asset is reduced through provisions and the amount of the loss is recognized in the statement of income. The calculation of the present value of the estimated future cash flows of a guaranteed financial asset reflects the cash flows, which may result from the asset's execution, less the costs of obtaining and selling the guarantee. For the purposes of a collective assessment of impairment, financial assets are grouped based on similar credit risk characteristics (ie, based on the process, the Organization classifies the type of product, business segments, location geographical, type of guarantee, maturity and other related factors). These characteristics are relevant for estimating future cash flows for groups of such assets as they are indicative of the borrower's ability to pay all amounts owed in accordance with the contractual terms of the assets to be valued. Future cash flows in a group of financial assets, tested together to determine if there is any impairment, are estimated based on the contracted cash flows of a group of assets and the history of losses for assets with risk characteristics similar to those of the group of assets. Loss history is adjusted according to current observable data to reflect the effects of current conditions that did not affect the period in which the loss history is based and to disregard the effects of the conditions existing in the historical period that do not currently exist. The methodology and assumptions used to estimate future cash flows are reviewed regularly to reduce any differences between the loss estimates and the actual loss. After the impairment loss, financial income is recognized using the effective interest rate, which was used to discount future cash flows in order to measure the impairment loss. When it is not possible to receive a credit, it is written off against the respective provision for impairment. These credits are written off after the completion of all necessary recovery procedures for the determination of the loss amount. Subsequent recoveries of amounts previously written off are credited to the income statement. b) Financial assets classified as available for sale The Organization shall assess, at the end of each reporting period, whether there is objective evidence that a financial asset or group of financial assets is deteriorating. For debt instruments, the Organization uses the criteria mentioned in item (a) above in order to identify a loss event. In the case of equity instruments classified as available for sale, a material or prolonged decline in the fair value of the security below its cost is considered as evidence that impairment losses have been incurred. If any such evidence exists for available for sale financial assets, the cumulative loss - measured as the difference between the acquisition cost and the current fair value less any impairment loss on the previously recognized financial asset - is written off recognized in the statement of income. If, in a subsequent period, the fair value of a debt instrument classified as available for sale increases and the increase can be objectively related to an event that occurred after the impairment loss was recognized, the reduction is reversed from the income statement. Impairment losses on capital instruments recognized in the statement of income are not reversed. Increase in fair value of equity instruments after impairment is recognized directly in equity in other comprehensive income.
Non-current assets held for sale	2.5 Non-current assets held for sale Under certain circumstances, property is repossessed following foreclosure of loans that are in default. Repossessed properties are measured at the lower of their carrying amount and fair value less the costs to sell - whichever is the lowest - and are included within “Non-current assets held for sale”.
Property and equipment	2.6 Property and equipment Recognition and valuation Property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses (see Note 2(i) below), if any. The cost includes expenses directly attributable to the acquisition of an asset. The cost of assets internally produced includes the cost of materials and direct labor, as well as any other costs that can be directly allocated and that are necessary for them to function. Software acquired for the operation of the related equipment is recorded as part of the equipment. When parts of an item have different useful lives, and separate control is practical, they are recorded as separate items (main components) comprising the property and equipment. Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate. Gains and losses from the sale of property and equipment are determined by comparing proceeds received with the carrying amount of the asset and are recorded in the consolidated income statement under the heading “Other operating income/(expenses)”. Subsequent costs Expenditure on maintenance and repairs of property and equipment items is recognized as an asset when it is probable that future economic benefits associated with the items will flow to the Organization for more than one year and the cost can be measured reliably. The carrying amount of the replaced part is derecognized. All other repairs and maintenance costs are charged to the consolidated statement of income during the reporting period in which they are incurred. Depreciation Depreciation is recognized in the consolidated statement of income using the straight-line basis and taking into consideration the estimated useful economic life of the assets. The depreciable amount is the gross-carrying amount, less the estimated residual value at the end of the useful economic life. Land is not depreciated. Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate.
Intangible assets	2.7 Intangible assets Intangible assets comprise separately identifiable non-monetary items, without physical substance due to business combinations, such as goodwill and other purchased intangible assets, computer software and other such intangible assets. Intangible assets are recognized at cost. The cost of an intangible asset, acquired in a business combination, is its fair value at the date of acquisition. Intangible assets with a definite useful life are amortized over their estimated useful economic life. Intangible assets with an indefinite useful life are not amortized. Generally, the identified intangible assets of the Organization have a definite useful life. At each reporting date, intangible assets are reviewed for indications of impairment or changes in estimated future economic benefits - see Note 2(i) below. Goodwill Goodwill (or bargain purchase gain) arises on the acquisition of subsidiaries, associates and joint ventures. Goodwill reflects the excess of the cost of acquisition in relation to the Organization's share of the fair value of net identifiable assets or liabilities of an acquired subsidiary, associate or joint venture on the date of acquisition. Goodwill originated from the acquisition of subsidiaries is recognized as “Intangible Assets”, and the goodwill from acquisition of associates and joint ventures is included in the carrying amount of the investment. When the difference between the cost of acquisition and the Organization's share of the fair value of net identifiable assets or liabilities is negative (bargain purchase gain), it is immediately recognized in the consolidated statement of income as a gain on the acquisition date. Goodwill is tested annually, as well as whenever a trigger event has been observed, for impairment (see Note 2(i) below). Gains and losses realized in the sale of an entity include consideration of the carrying amount of goodwill relating to the entity sold. Software Software acquired by the Organization is recorded at cost, less accumulated amortization and accumulated impairment losses, if any. Internal software-development expenses are recognized as assets when the Organization can demonstrate its intention and ability to complete the development, and use the software in order to generate future economic benefits. The capitalized costs of internally developed software include all costs directly attributable to development and are amortized over their useful lives. Internally developed software is recorded at its capitalized cost less amortization and impairment losses (see Note 2(i) below). Subsequent software expenses are capitalized only when they increase the future economic benefits incorporated in the specific asset to which it relates. All other expenses are recorded as expenses as incurred. Amortization is recognized in the consolidated statement of income using the straight-line method over the estimated useful life of the software, beginning on the date that it becomes available for use. The estimated useful life of software is from two to five years. Useful life and residual values are reviewed at each reporting date and adjusted, if necessary. Other intangible assets Other intangible assets refer basically to the customer portfolio and acquisition of banking service rights. They are recorded at cost less amortization and impairment losses, if any, and are amortized for the period in which the asset is expected to contribute, directly or indirectly, to the future cash flows. These intangible assets are reviewed annually, or whenever events or changes in circumstances occur which could indicate that the carrying amount of the assets cannot be recovered. If necessary, the write-off or impairment (see Note 2(i) below) is immediately recognized in the consolidated statement of income.
Leasing	2.8 Leasing The Organization has both operating and finance leases and operates as a lessee and a lessor. Leases in which a significant part of the risks and benefits of the asset is borne by the lessor are classified as operating leases. For leases in which a significant part of the risks and benefits of the asset is borne by the lessee, the leases are classified as financial lease. Leases under the terms of which the Organization assumes substantially all the risks and rewards of ownership are classified as finance leases. Upon initial recognition, the leased asset is measured at an amount equal to the lower of its fair value and the present value of the minimum lease payments. Subsequent to initial recognition, the asset is accounted for in accordance with the accounting policy applicable to that asset. As a lessee, the Organization classifies its leasing operations mainly as operating leases, and the monthly payments are recognized in the financial statements using the straight-line method over the term of the lease. Lease incentives received are recognized as an integral part of the total lease expense, over the term of the lease. When an operating lease is terminated before the contract expires, any payment that may be made to the lessor in the form of a penalty is recognized as an expense for the period. Minimum lease payments made under finance leases are apportioned between the finance expense and the reduction of the outstanding liability. The finance expense is allocated to each period during the lease term so as to produce a constant periodic rate of interest on the remaining balance of the liability. Contingent lease payments are accounted for by revising the minimum lease payments over the remaining term of the lease when the lease adjustment is confirmed. As a lessor, the Organization has substantial finance lease contracts, in value and total number of contracts. Finance Leases Finance lease assets in the consolidated statement of financial position are initially recognized in the “loans and advances to customers” account at an amount equal to the net investment in the lease. The initial direct costs generally incurred by the Organization are included in the initial measurement of the lease receivable and recognized as part of the effective interest rate of the contract, decreasing the amount of income recognized over the lease term. These initial costs include amounts for commissions, legal fees and internal costs. The costs incurred in relation to the negotiation, structuring and sales of leases are excluded from the definition of initial direct costs and therefore are recognized as expenses at the beginning of the lease term. Recognition of financial revenue reflects a constant rate of return on the net investment made by the Organization. The estimated non-guaranteed residual values used in the calculation of the gross investment of the lessor in the lease are reviewed at least annually. If there is a decrease in the estimated non-guaranteed residual value, the income allocated over the period of the lease is also reviewed periodically and any decrease in relation to the accumulated values is immediately recognized in the consolidated statement of income. The lease receivables are subject to the requirements of Write-off and credit Losses expected, described in the topic above, financial assets and liabilities, items v and viii, respectively. Operating leases The assets leased under operating leases, where the Organization acts as lessor, are recognized in the consolidated statement of financial position as property and equipment according to the nature of the item leased. The initial direct costs incurred by the Organization are added to the carrying amount of the leased asset and are recognized as expenses over the period of the lease and on the same basis as the income recognition. Revenue from lease is recognized using the straight-line method over the term of the lease, even if the payments are not made on the same basis. Costs, including depreciation and maintenance, incurred in the generation of income are recognized as expenses. The depreciation policy for leased assets is the same as the depreciation policy used by the Organization for similar assets.
Impairment losses on non-financial assets (except for deferred tax assets)	2.9 Impairment losses on non-financial assets (except for deferred tax assets) Assets that have an indefinite useful life such as goodwill are not subject to amortization and are tested, at least, annually at the same date to verify the existence of impairment. Assets, which are subject to amortization or depreciation, are reviewed to verify impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized based on the excess the carrying amount of the asset or the cash generating unit (CGU) over its estimated recoverable amount. The recoverable amount of an asset or CGU is the greater of its fair value, less costs to sell, and its value in use. For the purpose of impairment testing, the assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or CGUs. Subject to a ceiling of the operating segments, for the purpose of goodwill impairment testing, CGUs to which goodwill has been allocated are aggregated so that the level at which impairment testing is performed reflects the lowest level at which goodwill is monitored for internal reporting purposes. Goodwill acquired in a business combination is allocated to CGU or groups of CGUs that are expected to benefit from the synergies of the combination. When assessing the value in use, the estimated future cash flows are discounted to their present value using a discount rate that reflects the current market conditions of the time value of money and the specific risks of the asset or CGU. The Organization's corporate assets do not generate separate cash inflows and are utilized by more than one CGU. Corporate assets are allocated to CGUs on a reasonable and consistent basis and tested for impairment as part of the testing of the CGU to which the corporate asset is allocated. Impairment losses are recognized in the consolidated Statement of Income. Impairment losses recognized in respect of CGUs are allocated first to reduce the carrying amount of any goodwill allocated to the CGU (or group of CGUs) and then to reduce the carrying amount of the other assets in the CGU (or group of CGUs) on a pro rata basis. An impairment of goodwill cannot be reversed. With regard to other assets, an impairment loss recognized in previous periods is reassessed at each reporting date for any indications that the impairment has decreased or no longer exists. An impairment loss will be reversed if there has been a change in the estimates used to determine the recoverable amount or to the extent that the carrying amount of the asset does not exceed the carrying amount that would have been determined, net of depreciation and amortization, if no impairment had been recognized.
Provisions, contingent assets and liabilities and legal obligations	2.10 Provisions, contingent assets and liabilities and legal obligations A provision is recognized when, as a result of a past event, the Organization has a present legal or constructive obligation that can be reliably estimated and it is probable that an outflow of resources will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. Provisions were established by Management whenever it considers that there is a probable loss taking into account the opinion of their legal advisors; the nature of the actions; the similarity to previous suits; the complexity and the positioning of the Courts. Contingent liabilities are not recognized, since their existence will only be confirmed by the occurrence or not of one or more future and uncertain events that are not totally under the control of the Management. Contingent liabilities do not meet the criteria for recognition, since they are considered as possible losses and should only be disclosed in explanatory notes, when relevant. Obligations classified as remote are neither provisioned nor disclosed. Contingent assets are recognized only when there are actual guarantees or definitive favorable court rulings, over which there are no more resources, characterizing the gain as practically certain. Contingent assets, whose expectation of success is probable, are only disclosed in the financial statements, when relevant. Legal obligations arise from legal proceedings, the object of which is its legality or constitutionality, which, independently of the assessment of the likelihood of success, have their amounts fully recognized in the financial statements.
Classification of insurance contracts and investments	2.11 Classification of insurance contracts and investments An insurance contract is a contract in which the Organization accepts a significant insurance risk from the policy holder by agreeing to compensate the policyholder if a specific, uncertain, future event adversely affects the policy holder. Reinsurance contracts are also treated as insurance contracts because they transfer significant insurance risk. Contracts in the Insurance segment classified as investment contracts are related to our capitalization bonds, which do not transfer significant insurance risk and are accounted for as financial liabilities in accordance with IFRS 9 - Financial Instruments.
Insurance and pension plan technical provisions	2.12 Insurance and pension plan technical provisions Property damage The Provision for Unearned Premiums (PPNG) is calculated on a daily pro-rata basis using premiums net of coinsurance premiums, including amounts ceded through reinsurance operations, and the value registered in the consolidated statement of financial position corresponds to the unexpired risk period of the insurance contracts less initial contracting costs. The portion of these reserves corresponding to the estimate for risks in effect but not yet issued is designated PPNG-RVNE . The Provision for Claims Incurred But Not Reported (IBNR) is constituted based on the claims incurred and not yet paid (IBNP), subtracting the balance of the Provision for Claims to be settled (PSL) at the base date of calculation. To calculate the IBNP, the final estimate of claims that have not yet been paid based on semiannual run-off triangles, which consider the historical development of the claims paid in the last 10 semesters for the branches of damages and the last 11 quarters for the extended guarantee business, in order to establish a future projection by period of occurrence and also considers the estimate of Claims Incurred But Not Enough Reported (IBNER), reflecting the expectation of alteration of the provisioned amount throughout the regulation process. The Provision for Claims to be Settled (PSL) is determined based on the indemnity payment estimates, considering all administrative and judicial claims existing at the reporting date, restated monetarily, net of salvage and payments expected to be received. The Provision for Related Expenses (PDR) is recorded on a monthly basis to cover expenses related to estimated claims and benefits. It covers both costs that can be individually allocated to each claim as well as claims costs not discriminated, meaning those incurred at the portfolio level. The Complementary Provision for Coverage (PCC) shall be established when there is insufficiency of the technical provisions required under the legislation, as determined in the Liability Adequacy Test (see Note 2(l)(vi) below). At the reporting date management did not identify the need for PCC on property damage contracts. Other Technical Provisions (OPT) correspond to the Provision for Administrative Expenses (PDA) arising on the Mandatory Insurance For Personal Injury Caused by Motor Vehicles (DPVAT) insurance operations. Life insurance, excluding life insurance with survival coverage (VGBL product) The Provision for Unearned Premiums (PPNG) is calculated on a daily pro-rata basis using premiums net of coinsurance premiums, but including amounts ceded through reinsurance operations, and the value registered in the consolidated statement of financial position corresponds to the unexpired risk period of the insurance contracts. The portion of these reserves corresponding to the estimate for risks in effect but not yet issued is designated PPNG-RVNE. The Mathematical Provision for Benefits to be Granted (PMBaC) is calculated by the difference between the present value of the future benefits and the present value of the future contributions to be received for these benefits. The Provision for Redemptions and other Amounts to be Settled (PVR) comprises amounts related to redemptions to settle, premium refunds owed and portability (transfer-outs) requested but not yet transferred to the recipient insurer . The Provision for Claims Incurred But Not Reported (IBNR) is calculated based on semiannual run-off triangles, which consider the historical development of claims paid and outstanding in the last 10 semesters, to establish a future projection per period of occurrence. A residual cauda study is carried out to forecast the claims reported after 10 semesters of the date of occurrence. The Provision for Claims to be Settled (PSL) considers the expected amounts to be settled from all claim notifications received up to the end of the reporting period. The provision covers administrative and judicial claims indexed to inflation and with interest in the event of judicial claims. The Complementary Provision for Coverage (PCC) refers to the amount necessary to complement technical reserves, as calculated through the liability adequacy test (TAP). TAP is prepared using statistical and actuarial methods based on realistic considerations, taking into account the biometric table BR-EMS of both genders, adjusted by longevity development criteria compatible with the latest published versions (improvement), claims, administrative and operating expenses and using a risk free forward interest rate structures (ETTJ) which was approved by SUSEP. The improvement rate is calculated from automatic updates of the biometric table, considering the expected increase in future life expectancy. The Technical Surplus Provision (PET) corresponds to the difference between the value of the expected cost and the actual cost of claims that occurred during the period for contracts of individual life insurance with rights to participate in technical surplus. The Provision of Related Expenses (PDR) is recorded to cover expenses related to estimated claims and benefits. For products structured in self-funding and partially regimes, the reserve covers claims incurred. For products structured under a capitalization regime, the reserve covers the expected expenses related to incurred claims and also claims expected to be incurred in the future. Health and Dental Insurance The Provision for Claims Incurred But Not Reported (IBNR) is calculated from the final estimate of claims already incurred and still not reported, based on monthly run-off triangles that consider the historical development of claims reported in the last 12 months for health insurance and 18 months for dental insurance, to establish a future projection per period of occurrence The Provision for Claims to be Settled (PSL) is based on claims received up to the reporting date, including judicial claims and related costs adjusted for inflation. The Mathematical Provision for Benefits to be Granted (PMBaC) whose calculation methodology considers, in addition to the discount rate of 4% per year (4.5% in 2017), the difference between the present value of the future benefits and the present value of the future contributions, corresponding to the assumed obligations. The mathematical reserve for vested benefits relates to the individual health care plan portfolio and accounts for the risk related to the cover of the holder's dependents for five years following the death of the holder. It is calculated using: a 4% annual discount rate (4.51% in 2017) ; the period over which holders are expected to remain in the plan up to their death; and the projected costs of the five-year-period cover in which no premiums will be received. The Mathematical Provision for Benefits Granted (PMBC-GBS) is constituted by the obligations arising from the contractual clauses of remission of installments in cash, regarding the coverage of health assistance and by the premiums through payment of insured persons participating in the Bradesco Saúde insurance - "GBS Plan", and considering a discount rate of 4% per annum (4.5% in 2017) . The Unearned Premium or Contribution Provision (PPCNG) is calculated on the currently effective contracts on a daily pro-rata basis based on the portion of health insurance premiums corresponding to the remaining period of coverage. The other technical provisions for the individual health portfolio are constituted to cover differences between the expected present value of claims and related future costs and the expected present value of future premiums, considering a discount rate of 4% per year (4.5% in 2017) . Operations with DPVAT Insurance Revenues from DPVAT premiums and the related technical reserves are recorded gross, based on reports received from Seguradora dos Consórcios do Seguro DPVAT S.A. (Seguradora Líder) in proportion to the percentage of Bradesco's stake in the consortium. It is the function of the Seguradora Líder to collect the premiums, coordinate policy issuance, settle claims and manage the administrative costs within the consortium, in accordance with the CNSP Resolution No. 332/15. As defined in the regulations of the consortium, 50% of the monthly net income is distributed to the consortium's members in the following month. The remaining 50% of the monthly income is retained by the lead insurer over the year and transferred to the members of the consortium at the start of the following year. Open pension plans and life insurance with survival coverage (VGBL product) The Provision for Unearned Premiums (PPNG) is calculated on a daily pro-rata basis, using net premiums and is comprised of the portion corresponding to the remaining period of coverage. The portion of these reserves corresponding to the estimate for risks in effect but not yet issued is designated PPNG-RVNE . The Mathematical Provision for Benefits to be Granted (PMBaC) is constituted to the participants who have not yet received any benefit. In defined benefit pension plans, the provision represents the difference between the present value of future benefits and the present value of future contributions, corresponding to obligations assumed in the form of retirement, disability, pension and annuity plans. The provision is calculated using methodologies and assumptions set forth in the actuarial technical notes. The Mathematical Provision for Benefits to be Granted (PMBaC) related to life insurance with survival coverage and unrestricted benefit pension plans (VGBL and PGBL), and defined contribution plans, includes the contributions, received from participants, net of costs and other contractual charges, plus the financial return generated through the investment of these amounts in units of specially constituted investment funds (FIE). The Provision for Redemptions and other Amounts to be Settled (PVR) comprises amounts related to redemptions to settle, premium refunds owed and portability (transfer-outs) requested but not yet transferred to the recipient insurer. The Mathematical Provision for Benefits Granted (PMBC) is recognized for participants already receiving benefits and corresponds to the present value of future obligations related to the payment of those on-going benefits . The Complementary Provision for Coverage (PCC) refers to the amount necessary to complement technical reserves, as calculated through the Liability Adequacy Test (see Note 2(l)(vi)). TAP is prepared using statistical and actuarial methods based on realistic considerations, taking into account the biometric table BR-EMS of both genders, adjusted by longevity development criteria compatible with the latest published versions (improvement), claims, administrative and operating expenses and using a risk free forward interest rate structures (ETTJ) which was approved by SUSEP. The improvement rate is calculated from automatic updates of the biometric table, considering the expected increase in future life expectancy. The Provision of Related Expenses (PDR) is recorded to cover expenses related to estimated claims and benefits. For products structured in self-funding and partially regimes, the provision covers claims incurred. For plans structured under a capitalization regime, the provision is made to cover the expected expenses related to incurred claims and also claims expected to be incurred in the future. The projections are performed through the passive adequacy test (TAP). The Financial Surplus Provision (PEF) corresponds to the financial result, which exceeds the guaranteed minimum profitability of contracts with a financial surplus participation clause. The Provision for IBNR is calculated based on semiannual run-off triangles, which consider the historical development of claims paid and outstanding in the last 16 semesters to establish a future projection by period of occurrence. The Provision for Claims to be Settled (PSL) considers the expected amounts to be settled from all claim notifications received up to the end of the reporting period. The provision covers administrative and judicial claims indexed to inflation and with interest in the event of judicial claims. The provision "Other technical provisions (OPT)" comprises the mathematical provisions of benefits to be granted and benefits granted to this accounting line, as required by SUSEP. This amount refers to the difference between the calculation of mathematical provisions, carried out with realistic premises at the time, approved by the autarchy in 2004, and the calculation with the technical bases defined in the technical notes of the product. The financial charges credited to technical provisions, and the recording and/or reversal of the financial surplus, are classified as financial expenses, and are presented under “Net income from insurance and pension plans”. Liability Adequacy Test (TAP) The Organization conducted the liability adequacy test for all the contracts that meet the definition of an insurance contract according to IFRS 4 and which are in force on the date of execution of the test. This test is conducted every six months and the liability of insurance contracts, gross of reinsurance, is calculated as the sum of the carrying amount, deducting the deferred acquisition costs and the related intangibles. This is compared to the expected cash flows arising from the obligations under commercialized contracts and certificates. The test considerers projections of claims and benefits that have occurred and are to occur, administrative expenses, allocable expenses related to the claims, intrinsic options and financial surpluses, salvage and recoveries and other income and expense directly related to the insurance contracts. To calculate the present value of projected cash flows, the Organization used the risk free forward (ETTJ) rate which was approved by SUSEP. The test was segmented between life insurance and pension products and property coverage, and liabilities related to DPVAT insurance were not included in the adequacy test. • Life and pension products For private pension products and Life Insurance with Coverage for Survival, the contracts are grouped based on similar risks or when the insurance risk is managed jointly by the Management. The projected average loss ratio was 44.6% for individual and collective individuals segments, obtained from analysis based on triangles for the development of Company claims generated with information from January 2007. The result of the liability adequacy test for life insurance was fully recognized in the income statement. • Property Coverage The expected present value of cash flows relating to claims incurred - primarily claims costs and salvage recoveries - was compared to the technical provisions for claims incurred - PSL and IBNR. The expected present value of cash flows relating to claims to be incurred on the policies in force, plus any administrative expenses and other expenses relating to products in run-off, was compared to the sum of the related technical provisions - PPNG and PPNG-RVNE. The projected average loss ratio was 10.10% for the Extended Guarantee segment and 52.8% for the elementary lines, including in this calculation the estimate of the future premium of the housing insurance portfolio, which is characterized by low loss ratio and long terms, since it accompanies the period of financing of the property. The average reinsurance projected in the study, calculated on the basis of reported claims was 5.66%. The result of the liability adequacy test, for property coverage, did not present insufficiency and, consequently, no additional PCC provisions were recorded.
Reinsurance contracts	2.13 Reinsurance contracts Reinsurance contracts are used in the normal course of operations with the purpose of limiting potential losses, by spreading risks. Liabilities relating to contracts that have been reinsured are presented gross of their respective recoveries, which are booked as assets since the existence of the reinsurance contract does not nullify the Organization's obligations with the insured parties. As required by the regulators, reinsurance companies with headquarters abroad must have a minimum rating, assessed by a credit rating agency, to operate in the country, whereby all other reinsurance operations must be performed with local reinsurers. This is how Management understands that the impairment risks are reduced. If there are indications that the amounts recorded will not be realized by its carrying amount, these assets will be adjusted for impairment.
Deferred acquisition costs	2.14 Deferred acquisition costs These comprise deferred acquisition costs including commissions and brokers' fees related to the sale of insurance policies. Deferred commissions are recognized in the consolidated statement of income over the life of the respective policies and pension plan contracts or over an average period of 12 months. Expenses relating to insurance agency operations relating to the sale of health plans are amortized over a 24 month period and life assurance costs are appropriated within 12 months.
Employee benefits	2.15 Employee benefits Bradesco recognizes (in accordance with IAS 19), prospectively the surplus or deficit of its defined benefit plans and post-retirement plans as an asset or an obligation in its consolidated statement of financial position, and must recognize the changes in the financial condition during the year in which the changes occurred, in profit or loss. Defined contribution plan Bradesco and its subsidiaries sponsor pension plans for their employees and Management. Contribution obligations for defined contribution pension plans are recognized as expenses in profit or loss as incurred. Once the contributions are paid, Bradesco, in the capacity of employer, has no obligation to make any additional payment. Defined benefit plans The Organization's net obligation, in relation to the defined benefit plans, refers exclusively to institutions acquired and is calculated separately for each plan, estimating the future defined benefit that the employees will be entitled to after leaving the Organization or at the time of retirement. Bradesco's net obligation for defined benefit plans is calculated on the basis of an estimate of the value of future benefits that employees receive in return for services rendered in the current and prior periods. This value is discounted at its current value and is presented net of the fair value of any plan assets. The calculation of the obligation of the defined benefit plan is performed annually by a qualified actuary, using the projected unit credit method , as required by accounting rule. Remeasurement of the net obligation, which include: actuarial gains and losses, the return of the assets of the plan other than the expectation (excluding interest) and the effect of the asset ceiling (if any, excluding interest), are recognized immediately in other comprehensive income. Net interest and other expenses related to defined benefit plans are recognized in the income statement. Termination benefits Severance benefits are required to be paid when the employment relationship is terminated by the Organization before the employee's normal date of retirement or whenever the employee accepts voluntary redundancy in return for such benefits. Benefits which are payable 12 months or more after the reporting date are discounted to their present value. Short-term benefits Benefits such as wages, salaries, social security contributions, paid annual leave and paid sick leave, profit sharing and bonuses (if payable within 12 months of the reporting date) and non-monetary benefits such as health care, etc. are recorded as expenses in the consolidated statement of income, without any discount to present value, if the Organization has a present legal or constructive obligation to pay the amount as a result of past service provided by the employee and the obligation can be reliably estimated.
Capitalization bonds	2.16 Capitalization bonds The liability for capitalization bonds is registered in the line “Other liabilities”. Financial liabilities and revenues from capitalization bonds are recognized at the time bonds are issued. Bonds are issued according to the types of payments, monthly or single payment. Each bond bears a nominal value and the deposit portion of each payment is remunerated at the referential rate (TR) plus 0.5% per month, which is used to determine the liability. Capitalization bond beneficiaries are eligible for a prize draw. At the end of a certain period that is determined at the time the capitalization bond is issued, a beneficiary may redeem the nominal value paid plus the referential rate (TR), even if they have not won in the draw. These products are regulated by the insurance regulator in Brazil; however, they do not meet the definition of an insurance contract in accordance with IFRS 4 and, therefore, are classified as financial liabilities in accordance with IFRS 9. Unclaimed amounts from “capitalization plans” are derecognized when the obligation legally expires, in accordance with IFRS 9 as it relates to the derecognition of a financial liability. Expenses for placement of “capitalization plans”, are recognized as they are incurred.
Interest	2.17 Interest Income from financial assets measured at amortized cost and at FVOCI, except instruments of equity and interest costs from liabilities classified at amortized cost are recognized on an accrual basis in the consolidated statement of income using the effective interest rate method. The effective interest rate is the rate that discounts estimated future cash payments and receipts throughout the expected life of the financial asset or liability (or, when appropriate, a shorter period) to the carrying amount of the financial asset or liability. When calculating the effective rate, the Organization estimates future cash flows considering all contractual terms of the financial instrument, but not future credit losses. The calculation of the effective interest rate includes all commissions, transaction costs, discounts or bonuses which are an integral part of such rate. Transaction costs are incremental costs directly attributable to the acquisition, issuance or disposal of a financial asset or liability.
Fees and commissions	2.18 Fees and commissions Fees and commission income and expense which are part of and are directly allocable to the effective interest rate on a financial asset or liability are included in the calculation of the effective interest rate. Other fee and commission income, substantially composed by account service fees, asset management fees, credit card annual charges, and collection and consortium fees are recognized, according to the requirements of IFRS 15, to the extent that the obligations of performance are fulfilled. The price is allocated to the provision of the monthly service, and the revenue is recognized in the result in the same manner. When a loan commitment is not expected to result in the drawdown of a loan, the related commitment fees are recognized on a straight-line basis over the commitment period. Other fees and commissions expense relate mainly to transaction as the services are received.
Net insurance income	2.19 Net insurance income Insurance and coinsurance premiums, net of premiums transferred through coinsurance and reinsurance and related commissions, are recognized as income upon issuance of the respective policies/ certificates/ endorsements and invoices, or at the beginning of the risk period for cases in which the cover begins before issue date, and accounted for on a straight-line basis, over the duration of the policies, through the upfront recognition and subsequent reversal of the provision for unearned premiums and the deferred acquisition costs. Income from premiums and the acquisition costs related to risks already assumed whose respective policies have not yet been issued are recognized in the consolidated statement of income at the start of the risk coverage period on an estimated basis. The health insurance premiums are recorded in the premium account (result) or Unearned Premium or Contribution Provision (PPCNG), according to the coverage period of the contracts in effect at the balance sheet date. Revenues and expenses related to “DPVAT” insurance operations are recorded on the basis of information received from the Seguradora Líder dos Consórcios do Seguro DPVAT S.A. Accepted co-insurance contracts and retrocession operations are recorded on the basis of information received from the lead co-insurer and IRB - Brasil Resseguros S.A. (IRB), respectively. Reinsurance operations are recorded based on the provision of accounts, which are subject to review by reinsurers. The deferral of these operations is carried out in a manner consistent with the related insurance premium and/or reinsurance contract. The receipts from insurance agency operations are deferred and recognized in income linearly, for a period of 24 months in health insurance operations and by the term of 12 months in the other operations. Contributions to pension plans and life insurance premiums with survivor coverage are recognized in income upon their effective receipt. The management fee income is appropriated to the income on an accrual basis, according to contractually established rates.
Income tax and social contribution	2.20 Income tax and social contribution Income tax and social contribution deferred tax assets, calculated on income tax losses, social contribution losses and temporary differences, are recorded in “Assets - Deferred Taxes” and the deferred tax liabilities on tax differences in lease depreciation (applicable only for income tax), Deferred tax assets on temporary differences are realized when the difference between the accounting treatment and the income tax treatment reverses. Deferred tax assets on income tax and social contribution losses are realizable when taxable income is generated, up to the 30% limit of the taxable profit for the period. Deferred tax assets are recorded based on current expectations of realization considering technical studies and analyses carried out by Management. The provision for income tax is calculated at 15% of taxable income plus a 10% surcharge. For financial companies, financial company equivalent and of the insurance industry, the social contribution on the profit was calculated until August 2015, considering the rate of 15%. For the period between September 2015 and December 2018, the rate was changed to 20%, according to Law No. 13,169/15, and returned at the rate of 15% as from January 2019. For the other companies, the social contribution is calculated considering the rate of 9%. Tax expense comprises current and deferred tax. Current and deferred tax are recorded in the consolidated statement of income except when the result of a transaction is recognized directly in equity, in which case the related tax effect is also recorded in equity or in other comprehensive income. Current tax assets are amounts of taxes to be recovered through restitution or offset with taxes due from excess of taxes paid in relation to the current and/or previous period. Current tax expenses are the expected amounts payable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the reporting date, and any adjustment to tax payable in respect of previous years. Current tax payable also includes any tax liability arising from the declaration of dividends. Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and amount used for taxation purposes. Deferred tax is not recognized for: · temporary differences on the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable profit or loss; · temporary differences related to investments in subsidiaries, associates and jointly controlled entities to the extent that it is probable that they will not reverse in the foreseeable future; and · taxable temporary differences arising on the initial recognition of goodwill. Deferred tax is measured at the tax rates that are expected to be applied to the temporary differences when they reverse, based on the laws that have been enacted or substantively enacted by the reporting date. In determining the amount of current and deferred tax the Organization takes into account the impact of uncertain tax positions and whether additional taxes and interest may be due. The Organization believes that its accruals for tax liabilities are adequate for all open tax years based on its assessment of various factors, including interpretations of tax law and prior experience. This assessment relies on estimates and assumptions and may involve judgments about future events. New information may become available that causes the Organization to change its judgment regarding the adequacy of existing tax liabilities; such changes to tax liabilities will impact the tax expense in the period that such a determination is made. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities against current tax assets, and they relate to taxes levied by the same tax authority on the same taxable entity, or on different tax entities, but they intend to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will be realized simultaneously. Additional taxes that arise from the distribution of dividends by the Bank are recognized at the same time as the liability to pay the related dividend is recognized. A deferred tax asset is recognized for unused tax losses, tax credits and deductible temporary differences to the extent that it is probable that future taxable profits will be available against which they can be utilized. Deferred tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax benefit will be realized.
Segment reporting	2.21 Segment reporting Information for operating segments is consistent with the internal reports provided to the Executive Officers (being the Chief Operating Decision Makers), which are comprised by the Chief Executive Officer, Executive Vice-Presidents, Managing Officers and Deputy Officers. The Organization operates mainly in the banking and insurance segments. The banking operations include operations in retail, middle market and corporate activities, lease, international bank operations, investment banking and private banking. The Organization's banking activities are performed through its own branches located throughout the country, in branches abroad and through subsidiaries, as well as by means of our shareholding interest in other companies. The insurance segment consists of insurance operations, supplementary pension plans and capitalization plans which are undertaken through a subsidiary, Bradesco Seguros S.A., and its subsidiaries.
Shareholders' Equity	2.22 Shareholders' Preferred shares have no voting rights, but have priority over common shares in reimbursement of capital, in the event of liquidation, up to the amount of the capital represented by such preferred shares, and the right to receive a minimum dividend per share that is ten percent (10%) higher than the dividend distributed per share to the holders of common shares. Share issue costs Incremental costs directly attributable to the issuance of shares are shown net of taxes in shareholders' equity, thus reducing the initial share value. Earnings per share The Organization presents basic and diluted earnings per share data. Basic earnings per share is calculated by allocating the net income attributable to shareholders between that attributable to common shareholders and that attributable to preferred shareholders and dividing this by the weighted average number of common and preferred shares, respectively, outstanding during the year, excluding the average number of shares purchased by the Organization and held as treasury shares. Diluted earnings per share are the same as basic earnings per share, as there are no potentially dilutive instruments. Dividends payable Dividends on shares are paid and provisioned during the year. In the Shareholders' Meeting are destined at least the equivalent of 30% of the annual adjusted net income, in accordance with the Company's Bylaws . Dividends approved and declared after the reporting date of the financial statements, are disclosed in the notes as subsequent events. Capital transactions Capital transactions are transactions between partners qualified as owners of investment. These transactions modify the equity held by the controlling shareholder in a subsidiary. Since there is no loss of control, the difference between the amount paid and the fair value of the transaction is recognized directly in the shareholders' equity.

Significant accounting polici_3

Significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2018
Significant accounting policies (Tables) [Abstract]
The main subsidiaries included in the consolidated financial statements	The main subsidiaries included in the consolidated financial statements are as follows: Activity Shareholding interest On December, 31 2018 2017 Financial Sector - Brazil Ágora Corretora de Títulos e Valores Mobiliários S.A. Brokerage 100.00% 100.00% Banco Alvorada S.A. (1) Banking 100.00% 99.99% Banco Bradescard S.A. Cards 100.00% 100.00% Banco Bradesco BBI S.A.(2) Investment bank 99.96% 99.85% Banco Bradesco BERJ S.A. Banking 100.00% 100.00% Banco Bradesco Cartões S.A. Cards 100.00% 100.00% Banco Bradesco Financiamentos S.A. Banking 100.00% 100.00% Banco Losango S.A. Banking 100.00% 100.00% Bradesco Administradora de Consórcios Ltda. Consortium management 100.00% 100.00% Bradesco Leasing S.A. Arrendamento Mercantil Leases 100.00% 100.00% Bradesco-Kirton Corretora de Câmbio S.A. (3) Exchange Broker 99.97% 99.97% Bradesco S.A. Corretora de Títulos e Valores Mobiliários Brokerage 100.00% 100.00% BRAM - Bradesco Asset Management S.A. DTVM Asset management 100.00% 100.00% Kirton Bank Brasil S.A. Banking 100.00% 100.00% Tempo Serviços Ltda. Services 100.00% 100.00% Financial Sector - Overseas Banco Bradesco Argentina S.A.U (4) (5) Banking 100.00% 99.99% Banco Bradesco Europa S.A. (5) Banking 100.00% 100.00% Banco Bradesco S.A. Grand Cayman Branch (5) (6) Banking 100.00% 100.00% Banco Bradesco S.A. New York Branch (5) Banking 100.00% 100.00% Bradesco Securities, Inc. (5) Brokerage 100.00% 100.00% Bradesco Securities, UK. Limited (5) Brokerage 100.00% 100.00% Bradesco Securities, Hong Kong Limited (5) Brokerage 100.00% 100.00% Cidade Capital Markets Ltd (5) Banking 100.00% 100.00% Bradescard México, sociedad de Responsabilidad Limitada (7) Cards 100.00% 100.00% Insurance, Pension Plan and Capitalization Bond Sector - In Brazil Atlântica Companhia de Seguros Insurance 100.00% 100.00% Bradesco Auto/RE Companhia de Seguros Insurance 100.00% 100.00% Bradesco Capitalização S.A. Capitalization bonds 100.00% 100.00% Bradesco Saúde S.A. Insurance/health 100.00% 100.00% Bradesco Seguros S.A. (8) Insurance 99.96% 100.00% Bradesco Vida e Previdência S.A. Pension plan/Insurance 100.00% 100.00% Kirton Capitalização S.A. (9) Capitalization bonds - 100.00% Kirton Seguros S.A. (9) Insurance - 98.54% Kirton Vida e Previdência S.A. (9) Pension plan/Insurance - 100.00% Odontoprev S.A. (10) Dental care 50.01% 50.01% Insurance - Overseas Bradesco Argentina de Seguros S.A. (5) (10) Insurance 99.98% 99.98% Other Activities - Brazil Andorra Holdings S.A. Holding 100.00% 100.00% Bradseg Participações S.A. Holding 100.00% 100.00% Bradescor Corretora de Seguros Ltda. Insurance Brokerage 100.00% 100.00% Bradesplan Participações Ltda. (11) Holding - 100.00% BSP Empreendimentos Imobiliários S.A. Real estate 100.00% 100.00% Cia. Securitizadora de Créditos Financeiros Rubi Credit acquisition 100.00% 100.00% Columbus Holdings S.A. Holding 100.00% 100.00% Nova Paiol Participações Ltda. Holding 100.00% 100.00% União Participações Ltda. (12) Holding - 100.00% Other Activities - Overseas Bradesco North America LLC (5) Services 100.00% 100.00% Investment Funds (13) Bradesco F.I.R.F. Master II Previdência Investment Fund 100.00% 100.00% Bradesco F.I. Referenciado DI Performance Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. R.F. VGBL F10 Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master IV Previdência Investment Fund 100.00% 100.00% Bradesco F.I.R.F. Master Previdência Investment Fund 100.00% 100.00% Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo Investment Fund 100.00% 100.00% Bradesco FI Referenciado DI União Investment Fund 99.83% 99.92% Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C Investment Fund 100.00% 100.00% Bradesco F.I.C.R.F. VGBL FIX Investment Fund 100.00% 100.00% Bradesco F.I.C.F.I. Renda Fixa V-A Investment Fund 100.00% 100.00%

Risk Management (Tables)

Risk Management (Tables)	12 Months Ended
	Dec. 31, 2018
Risk Management (Tables) [Abstract]
Credit risk exposure of the financial instruments	We present below the credit risk exposure of the financial instruments: R$ thousand On December 31, 2018 Gross value Expected loss Book value Financial assets Cash and balances with banks (Note 20) 107,209,743 - 107,209,743 Financial assets at fair value through profit or loss (Note 21) 246,161,150 - 246,161,150 Financial assets at fair value through other comprehensive income (Note 24) 178,050,536 (337,506) 178,050,536 Loans and advances to banks (Note 26) 105,250,928 (1,978) 105,248,950 Loans and advances to customers (Note 27) 411,492,655 (31,105,579) 380,387,076 Securities at amortized cost (Note 28) 143,626,776 (3,022,038) 140,604,738 Other financial assets (Note 35) 43,893,309 - 43,893,309 Provision for Expected Loss Loan Commitments (Note 27) - (2,551,676) (2,551,676) Financial guarantees (Note 27) - (719,216) (719,216) Items not recorded in the balance sheet (Note 46) 301,345,624 - 301,345,625 Total risk exposure 1,537,030,721 (37,737,993) 1,499,630,235
Concentration of credit risk	Concentration of credit risk On December 31 2018 2017 Largest borrower 2.2% 2.5% 10 largest borrowers 9.1% 8.2% 20 largest borrowers 12.9% 12.2% 50 largest borrowers 18.6% 17.8% 100 largest borrowers 22.9% 22.2%
The credit-risk concentration analysis presented	The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterpart operates. On December 31 - R$ thousand 2018 % 2017 % Public sector 9,259,368 2.3 9,676,927 2.6 Oil, derivatives and aggregate activities 9,092,151 2.2 9,410,382 2.5 Production and distribution of electricity 1,829 - 1,322 - Other industries 165,388 - 265,223 0.1 Private sector 402,233,287 97.7 364,136,738 97.4 Companies 209,365,567 50.9 190,148,345 50.9 Real estate and construction activities 25,267,761 6.1 29,383,442 7.9 Retail 32,472,286 7.9 23,935,638 6.4 Services 19,086,508 4.6 17,996,533 4.8 Transportation and concession 17,261,369 4.2 14,190,284 3.8 Automotive 11,284,972 2.7 10,014,454 2.7 Food products 12,040,631 2.9 8,866,028 2.4 Wholesale 11,467,168 2.8 9,045,916 2.4 Production and distribution of electricity 4,784,015 1.2 7,360,804 2.0 Siderurgy and metallurgy 7,698,444 1.9 7,001,290 1.9 Sugar and alcohol 6,907,858 1.7 7,042,811 1.9 Other industries 61,094,555 14.8 55,311,145 14.8 Individuals 192,867,720 46.9 173,988,393 46.5 Total portfolio 411,492,655 100.0 373,813,665 100.0 Impairment of loans and advances (31,105,579) (27,055,566) Total of net loans and advances to customers 380,387,076 346,758,099
Financial effect of the guarantee on credit and financial lease transactions	The table below shows the financial effect of the guarantee on credit and financial lease transactions. R$ thousand 2018 Book value Fair Value Guarantees Individuals 192,867,720 121,318,093 Stage 1 165,031,788 109,456,403 Stage 2 15,354,577 8,925,277 Stage 3 12,481,355 2,936,413 Companies 218,624,935 77,161,470 Stage 1 177,191,748 61,244,814 Stage 2 21,750,673 7,374,186 Stage 3 19,682,514 8,542,470 Total 411,492,655 198,479,563 (1) Of the total balance of credit operations, R$284,373,526 thousand refers to operations without guarantees.
Financial Exposure - Trading Portfolio	Financial Exposure - Trading Portfolio (Fair value) Risk factors R$ thousand On December 31 2018 2017 Assets Liabilities Assets Liabilities Fixed rates 8,131,939 6,081,794 11,614,849 6,184,099 IGP-M (General Index of market pricing) / IPCA (Consumer price index) 249,922 191,486 1,053,893 532,957 Exchange coupon 1,090,277 785,578 1,808,598 1,658,084 Foreign Currency 1,471,956 1,611,049 1,808,598 2,103,715 Equities 776,376 776,735 461,957 468,911 Sovereign/Eurobonds and Treasuries 3,805,259 1,099,612 560,619 360,252 Other 685,724 31,729 257,537 98,517 Total 16,211,453 10,577,983 17,566,051 11,406,535
The 1-day VaR of Trading Portfolio net of tax effects	The 1-day VaR of Trading Portfolio net of tax effects in end of 2018 was R$5,776 thousand, with the interest rate risk Sovereign/Eurobonds and Treasuries as the largest participation of the portfolio. Risk factors R$ thousand On December 31 2018 2017 Fixed rates 850 8,956 IGPM/IPCA 264 2,751 Exchange coupon 142 48 Foreign Currency 712 2,925 Sovereign/Eurobonds and Treasuries 3,770 826 Equities 655 289 Other 1,597 1 Correlation/diversification effect (2,214) (1,379) VaR at the end of the year 5,776 14,417 Average VaR in the year 21,624 24,024 Minimum VaR in the year 4,316 5,499 Maximum VaR in the year 76,935 100,640
The capital is calculated by the normal delta VaR model based in Regulatory Portfolio	The capital is calculated by the normal delta VaR model based in Regulatory Portfolio, composed by Trading Portfolio and the Foreign Exchange Exposures and the Commodities Exposure of the Banking Portfolio. In addition, the historical simulation and the Delta-Gama-Vega models of risk are applied to measure all risk factors to an options portfolio, whichever is the most conservative, whereby this risk of options is added to the VaR of the portfolio. In this model, risk value is extrapolated to the regulatory horizon ( [1] ) (the highest between 10 days and the horizon of the portfolio) by the ‘square root of time' method. VaR and Stressed VaR shown below refer to a ten-day horizon and are net of tax effects. Risk factors R$ thousand On December 31 2018 2017 VaR Stressed VaR Stressed Interest rate 8,131 47,851 37,659 48,400 Exchange rate 5,666 20,959 7,715 17,300 Commodity price (Commodities) 8,194 14,704 1,110 200 Equities 3,355 4,844 2,065 7,400 Correlation/diversification effect (7,569) 33,180 36,429 240 VaR at the end of the year 17,777 121,538 84,978 73,540 Average VaR in the year 69,852 117,946 87,358 107,059 Minimum VaR in the year 17,777 57,523 24,945 26,803 Maximum VaR in the year 252,797 231,080 369,342 236,895
The possible impacts on positions in stress scenarios	The Organization also assesses on a daily basis, the possible impacts on positions in stress scenarios for the next 20 business days, with limits established in the governance process. Thus, considering the effect of diversification between the risk factors and the tax effects, the average of the possible loss estimates in a stress situation would be R$185,192 thousand in 2018 (2017 - R$168,751 thousand ) , and the maximum estimated loss in the year of 2018 would be R$419,677 thousand (2017 - R$387,884 thousand ) . R$ thousand On December 31 2018 2017 At the end of the year 59,489 103,949 Average in the year 185,192 168,751 Minimum in the year 52,716 53,426 Maximum in the year 419,677 387,884
Sensitivity Analysis - Trading Portfolio	Sensitivity Analysis - Trading Portfolio R$ thousand Trading Portfolio (1) On December 31 2018 2017 Scenarios Scenarios 1 2 3 1 2 3 Interest rate in Reais Exposure subject to variations in fixed interest rates and interest rate coupons (67) (11,474) (22,374) (359) (61,497) (120,385) Price indexes Exposure subject to variations in price index coupon rates (22) (2,462) (4,706) (147) (17,576) (33,298) Exchange coupon Exposure subject to variations in foreign currency coupon rates (3) (236) (460) (9) (420) (839) Foreign currency Exposure subject to exchange rate variations (331) (8,265) (16,529) (1,629) (40,736) (81,473) Equities Exposure subject to variation in stock prices (88) (2,195) (4,389) (1,215) (30,378) (60,757) Sovereign/Eurobonds and Treasuries Exposure subject to variations in the interest rate of securities traded on the international market (315) (93,073) (129,865) (2,469) (61,730) (123,461) Other Exposure not classified in other definitions - (37) (73) - - - Total excluding correlation of risk factors (826) (117,742) (178,396) (5,828) (212,337) (420,213) Total including correlation of risk factors (429) (93,092) (130,432) (3,448) (131,662) (259,684)
Sensitivity Analysis - Trading and Banking Portfolios	Sensitivity Analysis - Trading and Banking Portfolios R$ thousand Trading and Banking Portfolios (1) On December 31 2018 2017 Scenarios Scenarios 1 2 3 1 2 3 Interest rate in Reais Exposure subject to variations in fixed interest rates and interest rate coupons (16,141) (2,973,012) (5,760,223) (12,579) (2,339,939) (4,560,181) Price indexes Exposure subject to variations in price index coupon rates (8,410) (913,671) (1,630,441) (512) (56,130) (107,716) Exchange coupon Exposure subject to variations in foreign currency coupon rates (1,368) (119,441) (229,387) (1,575) (80,110) (158,548) Foreign currency Exposure subject to exchange rate variations (407) (10,119) (20,238) (600) (15,004) (30,008) Equities Exposure subject to variation in stock prices (21,229) (530,729) (1,061,459) (16,289) (407,237) (814,475) Sovereign/Eurobonds and Treasuries Exposure subject to variations in the interest rate of securities traded on the international market (1,762) (92,193) (184,758) (4,978) (205,764) (406,054) Other Exposure not classified in other definitions (412) (10,298) (20,596) (12) (307) (613) Total excluding correlation of risk factors (49,729) (4,649,463) (8,907,102) (36,545) (3,104,491) (6,077,595) Total including correlation of risk factors (37,535) (3,905,602) (7,499,908) (26,956) (2,678,101) (5,232,466)
The level of the ratio between high quality liquid assets and total net cash outflows	In accordance with the LCR implantation schedule, the level of the ratio between HQLA and total net cash outflows must comply with the following schedule: Year 2016 2017 2018 As of 2019 % Required 70% 80% 90% 100%
The average LCR Prudential Conglomerate	The table below shows the average LCR Prudential Conglomerate: R$ thousand Information on the Liquidity Coverage Ratio (LCR) On December 31 (1) On December 31 (2) 2018 2017 Average Amount (3) Weighted Average Amount (4) Average Amount (3) Weighted Average Amount (4) Number of Line High Quality Liquid Assets (HQLA) 1 Total High Quality Liquid Assets (HQLA) 140,377,669 125,596,242 Number of Line Cash Outlows 2 Ratail funding: 235,539,799 21,919,302 210,005,411 17,749,477 3 Stable funding 119,809,242 5,990,462 135,661,528 6,783,076 4 Less stable funding 115,730,557 15,928,840 74,343,883 10,966,401 5 Non-collateralized wholesale funding: 125,136,835 50,927,871 112,474,083 50,716,519 6 Operating deposits (all counterparties) and affiliated cooperative deposits 8,648,728 432,436 8,152,936 407,647 7 Non-operating deposits (all counterparties) 115,864,088 49,871,416 103,275,838 49,263,563 8 Other non-collateralized wholesale funding 624,019 624,019 1,045,309 1,045,309 9 Collateralized wholesale funding - 5,361,781 - 6,656,909 10 Additional requirements: 104,341,246 14,181,343 97,751,894 13,746,422 11 Related to exposure to derivatives and other collateral requirements 14,419,270 6,741,269 15,192,265 7,089,564 12 Related to funding losses through the issue of debt instruments 554,811 554,811 345,574 345,574 13 Related to lines of credit and liquidity 89,367,165 6,885,263 82,214,055 6,311,284 14 Other contractual obligations 33,875,647 31,857,396 30,492,461 28,811,462 15 Other contingent obligations 122,319,336 4,915,397 131,133,680 5,160,312 16 Total cash outflows - 129,163,090 - 122,841,101 Number of Line Cash Inflows 17 Collateralized loans 95,238,798 - 161,500,640 - 18 Outstanding loans whose payments are fully up-to-date 30,039,902 16,950,831 32,424,050 21,009,387 19 Other cash inflows 37,235,944 30,511,989 24,624,328 21,429,233 20 Total cash inflows 162,514,644 47,462,820 218,549,018 42,438,620 Total Adjusted Amount (5) Total Adjusted Amount (5) 21 Total HQLA 140,377,669 125,596,242 22 Total net cash outflow 81,700,271 80,402,480 23 LCR (%) (5) 171.8% 156.2% (1) Calculated based on the simple daily average of the months that compose the quarter (61 observations); (2) Calculated based on the simple average of the closing of the months that compose the quarter (3 observations); (3) Corresponds to the total balance related to the item of cash inflows or outflows; (4) Corresponds to the value after application of the weighting factors; and (5) Corresponds to the calculated value after the application of weighting factors and limits.
NSFR of December of the Prudential Conglomerate	The following table shows the NSFR of December of the Prudential Conglomerate: R$ thousand Information on the Long-term Indicator (NSFR) On December 31, 2018 (1) Weighted Average (2) Amount per effective term of residual maturity Without expiration Less than 6 months Greater than or equal to 6 months and less than one year Greater than or equal to one year Number of Line Available stable funding (ASF) 1 Capital 121,289,750 - - 47,181,305 168,471,055 2 Reference Equity, gross of regulatory deductions 121,289,750 - - - 121,289,750 3 Other instruments not included in line 2 - - - 47,181,305 47,181,305 4 Ratail funding: 125,747,484 121,158,207 928,202 3,531,590 232,929,002 5 Stable funding 80,033,425 46,858,729 46,015 467 120,591,728 6 Less stable funding 45,714,059 74,299,478 882,187 3,531,123 112,337,274 7 Wholesale Funding, of which: 22,215,270 360,387,800 37,722,267 113,139,255 203,870,597 8 Operating deposits and deposits of affiliated cooperatives 9,164,749 - - - 4,157,051 9 Other wholesale fundings 13,050,521 360,387,800 37,722,267 113,139,255 199,713,546 10 Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent - 26,014,027 20,575 203,130 - 11 Other liabilities, of which: 67,588,097 16,123,614 - - 2,394,664 12 Derivatives whose replacement value is less than zero - 16,123,614 - - - 13 Other liabilities or shareholders' equity not included in the previous items 67,588,097 - - - 2,394,664 14 Total of Available Stable Funding (ASF) - - - - 607,665,318 15 Total High Quality Liquid Assets (HQLA) - - - - 10,978,040 16 Operating deposits held in other financial institutions - - - - - 17 Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which: 4,981,329 208,163,497 51,172,541 237,826,970 281,492,138 18 Transactions with financial institutions collateralized by Level 1 HQLA - 5,583,766 - - 558,377 19 Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral - 100,234,344 2,463,757 2,351,303 5,077,176 20 Loans and financing granted to wholesale, retail, central government and central bank operations, of which: - 96,715,762 46,251,306 142,375,233 195,963,868 21 Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013 - - - - - 22 Residential real estate financing, of which: - 904,499 892,290 30,708,792 20,859,110 23 Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22 - 904,499 892,290 30,708,792 20,859,110 24 Securities not eligible for HQLA, including shares traded on the stock exchange 4,981,329 4,725,126 1,565,188 62,391,642 59,033,607 25 Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent - 28,233,429 4,997,705 231,882 - 26 Other assets, of which: 190,860,571 14,761,798 1,377,311 26,863,862 178,448,719 27 Operations with gold and commodities, including those with a forecast of physical settlement - - - - - 28 Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in - - - 9,091,888 7,728,105 mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty 29 Derivatives whose replacement value is greater than or equal to zero - - - 14,140,931 - 30 Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit - - - - 806,181 31 Other assets not included in the previous lines 190,860,571 14,761,798 1,377,311 3,631,043 169,914,433 32 Transactions not recorded in the balance sheet - 305,134,878 - - 11,028,648 33 Total Required Stable Funding (RSF) - - - - 481,947,544 34 NSFR (%) 126.1%
The cash flows payable for non-derivative financial liabilities	The table below presents the cash flows payable for non-derivative financial liabilities, covering the remaining contractual period to maturity as from the date of the consolidated statement of financial position. The values disclosed in this table represent the undiscounted contractual cash flows. R$ thousand On December 31, 2018 Up to 1 month From 1 to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total Deposits from banks 187,971,161 11,043,189 31,568,186 18,339,106 6,278,070 255,199,712 Deposits from customers 154,751,012 8,321,457 51,709,653 142,724,058 86,171 357,592,351 Funds from issuance of securities 2,715,463 7,704,113 57,416,558 110,993,400 2,819,759 181,649,293 Subordinated debt 303,419 83,095 6,290,777 25,122,764 43,080,703 74,880,758 Other financial liabilities (1) 38,764,438 11,790,526 4,717,811 3,672,499 3,652,961 62,598,235 Total liabilities 384,505,493 38,942,380 151,702,985 300,851,827 55,917,664 931,920,349 R$ thousand On December 31, 2017 Up to 1 month From 1 to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total Deposits from banks 197,275,471 17,199,209 47,240,285 25,251,295 6,593,477 293,559,737 Deposits from customers 141,846,015 7,519,939 16,476,264 106,861,185 117,268 272,820,671 Funds from issuance of securities 3,346,915 13,222,173 69,548,689 77,143,455 1,503,901 164,765,133 Subordinated debt 896,349 3,705,136 6,942,643 27,064,409 33,166,577 71,775,114 Other financial liabilities (1) 43,606,124 8,785,744 2,290,146 3,711,492 4,046,006 62,439,512 Total liabilities 386,970,874 50,432,201 142,498,027 240,031,836 45,427,229 865,360,167
The derivative financial liabilities that will be settled at net value	The table below analyzes the derivative financial liabilities that will be settled at net value, grouped based on the period remaining from the reporting date to the respective maturity date. The values disclosed in the table are undiscounted cash flows. R$ thousand On December 31, 2018 Up to 1 month From 1 to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total Differential of swaps payable 1,302,578 464,191 6,428,914 6,266,955 350,374 14,813,012 Non-deliverable forwards 96,680 141,438 250,176 25,676 637 514,607 • Purchased 14,062 17,695 101,869 18,090 637 152,353 • Sold 82,618 123,743 148,307 7,586 - 362,254 Premiums of options 1,001,464 20,355 127,983 123,491 372,057 1,645,350 Adjustment payables - future 21,283 - - - - 21,283 Total of derivative liabilities 2,422,005 625,984 6,807,073 6,416,122 723,068 16,994,252 R$ thousand On December 31, 2017 Up to 1 month From 1 to 3 months From 3 months to 1 year From 1 to 5 years More than 5 years Total Differential of swaps payable 279,134 125,468 536,406 12,169,717 166,038 13,276,763 Non-deliverable forwards 201,115 95,761 147,710 66,682 737 512,005 • Purchased 73,599 53,513 90,914 65,640 737 284,403 • Sold 127,516 42,248 56,796 1,042 - 227,602 Premiums of options 551,220 13,510 34,443 63,052 303,200 965,425 Adjustment payables - future 155,305 - - - - 155,305 Total of derivative liabilities 1,186,774 234,739 718,559 12,299,451 469,975 14,909,498
The financial assets and liabilities of the Organization segregated by maturities	The tables below show the financial assets and liabilities of the Organization segregated by maturities used for the management of liquidity risks, in accordance with the remaining contractual maturities on the reporting date: R$ thousand On December 31, 2018 Current Non-current Total 1 to 30 days 31 to 180 days 181 to 360 days 1 to 5 years More than 5 years No stated maturity Assets Cash and balances with banks 107,209,743 - - - - - 107,209,743 Financial assets at fair value through profit or loss 3,129,166 3,917,446 5,425,013 164,553,949 61,990,603 7,144,973 246,161,150 Financial assets at fair value through other comprehensive income 17,262,976 44,288,649 14,212,201 67,290,177 24,067,050 10,929,483 178,050,536 Loans and advances to customers, net of impairment 62,060,766 92,247,120 52,642,217 124,423,414 49,013,559 - 380,387,076 Loans and advances to banks, net of impairment 32,770,492 68,354,830 1,831,146 2,292,482 - - 105,248,950 Securities, net of provision for losses 1,040,454 2,361,956 855,476 91,922,854 44,423,998 - 140,604,738 Other financial assets (1) 29,524,094 134,393 131,233 11,910,297 2,193,292 - 43,893,309 Total financial assets 252,997,691 211,304,394 75,097,286 462,393,173 181,688,502 18,074,456 1,201,555,502 Liabilities Financial liabilities at amortized cost - Deposits from banks 193,135,637 20,377,472 13,489,852 15,646,679 4,664,339 - 247,313,979 - Deposits from customers (2) 154,046,665 15,639,175 42,076,109 128,959,777 26,470 - 340,748,196 - Funds from issuance of securities 2,598,083 29,410,415 34,192,057 81,108,678 719,785 - 148,029,018 - Subordinated debt 7,059 149,894 6,305,187 22,492,556 15,434,005 9,254,743 53,643,444 - Other financial liabilities (3) 38,764,438 11,790,526 4,717,811 3,672,499 3,652,961 - 62,598,235 Financial liabilities at fair value through profit or loss 15,066,551 373,896 162,153 177,029 372,458 - 16,152,087 Provision for Expected Loss - Loan Commitments - - - 2,551,676 - - 2,551,676 - Financial guarantees - - - 719,216 - - 719,216 Insurance technical provisions and pension plans (2) 216,282,259 2,347,327 939,034 32,009,667 - - 251,578,287 Total financial liabilities 619,900,692 80,088,705 101,882,203 287,337,777 24,870,018 9,254,743 1,123,334,138 R$ thousand On December 31, 2017 Current Non-current Total 1 to 30 days 31 to 180 days 181 to 360 days 1 to 5 years More than 5 years No stated maturity Assets Cash and balances with banks 81,742,951 - - - - - 81,742,951 Financial assets held for trading 15,181,714 10,934,575 5,501,249 146,527,365 56,173,284 7,391,854 241,710,041 Financial assets available for sale 2,422,266 9,392,915 19,351,886 83,816,085 33,391,763 11,037,807 159,412,722 Investments held to maturity 7,753 2,454 19,205 10,284,940 28,691,766 - 39,006,118 Financial assets pledged as collateral 25,977,537 111,922,357 2,543,922 40,965,417 2,565,940 - 183,975,173 Loans and advances to banks 23,136,673 3,544,426 3,387,187 1,754,483 424,955 - 32,247,724 Loans and advances to customers 55,830,036 80,715,548 51,526,092 114,151,120 44,535,303 - 346,758,099 Other financial assets (1) 25,375,820 1,340,567 1,807,856 11,322,882 1,872,358 - 41,719,483 Total financial assets 229,674,750 217,852,842 84,137,397 408,822,292 167,655,369 18,429,661 1,126,572,311 Liabilities Deposits from banks 197,177,061 29,640,587 31,589,994 22,221,075 5,328,751 - 285,957,468 Deposits from customers (2) 142,525,722 11,400,607 10,531,633 97,523,112 27,371 - 262,008,445 Financial liabilities held for trading 13,552,386 201,643 81,073 134,649 305,248 - 14,274,999 Funds from issuance of securities 3,422,727 31,299,770 48,540,240 51,142,979 768,374 - 135,174,090 Subordinated debt 738,929 9,428,997 640,536 20,767,242 18,603,697 - 50,179,401 Insurance technical provisions and pension plans (2) 207,499,559 2,411,996 939,034 28,239,001 - - 239,089,590 Other financial liabilities (3) 43,606,124 8,785,744 2,290,146 3,711,492 4,046,006 - 62,439,512 Total financial liabilities 608,522,508 93,169,344 94,612,656 223,739,550 29,079,447 - 1,049,123,505
The assets and liabilities of the Company segregated by current and non-current	The tables below show the assets and liabilities of the Organization segregated by current and non-current, in accordance with the remaining contractual maturities on the reporting date: R$ thousand On December 31, 2018 Current Non-current Total Assets Total financial assets 539,399,371 662,156,131 1,201,555,502 Non-current assets held for sale 1,353,330 - 1,353,330 Investments in associated companies - 8,125,799 8,125,799 Premises and equipment - 8,826,836 8,826,836 Intangible assets and goodwill, net of accumulated amortization - 16,128,548 16,128,548 Taxes to be offset 3,683,210 9,815,054 13,498,264 Deferred income tax assets - 48,682,569 48,682,569 Other assets 5,443,840 1,929,026 7,372,866 Total non-financial assets 10,480,380 93,507,832 103,988,212 Total assets 549,879,751 755,663,963 1,305,543,714 Liabilities Total financial liabilities 801,871,600 321,462,538 1,123,334,138 Other reserves 1,846,682 17,955,489 19,802,171 Current income tax liabilities 2,373,261 - 2,373,261 Deferred income tax assets 48,925 1,151,664 1,200,589 Other liabilities 32,630,277 1,527,158 34,157,435 Total non-financial liabilities 36,899,145 20,634,311 57,533,456 Total equity - 124,676,120 124,676,120 Total liabilities 838,770,745 466,772,969 1,305,543,714 R$ thousand On December 31, 2017 Current Non-current Total Assets Total financial assets 531,664,989 594,907,322 1,126,572,311 Non-current assets held for sale 1,520,973 - 1,520,973 Investments in associated companies - 8,257,384 8,257,384 Premises and equipment - 8,432,475 8,432,475 Intangible assets and goodwill, net of accumulated amortization - 16,179,307 16,179,307 Taxes to be offset 4,589,981 5,934,594 10,524,575 Deferred income tax assets - 43,731,911 43,731,911 Other assets 6,602,669 2,531,835 9,134,504 Total non-financial assets 12,713,623 85,067,506 97,781,129 Total assets 544,378,612 679,974,828 1,224,353,440 Liabilities Total financial liabilities 796,304,508 252,818,997 1,049,123,505 Other reserves 1,349,366 17,141,361 18,490,727 Current income tax liabilities 2,416,345 - 2,416,345 Deferred income tax assets 36,344 1,215,503 1,251,847 Other liabilities 33,460,225 1,917,087 35,377,312 Total non-financial liabilities 37,262,280 20,273,951 57,536,231 Total equity - 117,693,704 117,693,704 Total liabilities 833,566,788 390,786,652 1,224,353,440
The composition of the financial assets and liabilities measured at fair value	The tables below present the composition of the financial assets and liabilities measured at fair value, classified using the hierarchical levels: R$ thousand On December 31, 2018 Level 1 Level 2 Level 3 Fair Value Brazilian government securities 202,199,216 4,556,831 3 206,756,050 Corporate debt and marketable equity securities 3,678,532 5,206,852 418,558 9,303,942 Bank debt securities 1,554,257 8,610,197 - 10,164,454 Mutual funds 3,657,393 - - 3,657,393 Foreign governments securities 849,114 - - 849,114 Brazilian sovereign bonds 659,603 - - 659,603 Financial assets at fair value through profit or loss 212,598,115 18,373,880 418,561 231,390,556 Derivative financial instruments (assets) 34,752 14,699,247 36,595 14,770,594 Derivative financial instruments (liabilities) (32,434) (16,095,752) (23,901) (16,152,087) Derivatives 2,318 (1,396,505) 12,694 (1,381,493) Brazilian government securities 150,778,773 - 39,982 150,818,755 Corporate debt securities 3,761,191 1,664,892 549,111 5,975,194 Bank debt securities 5,715,372 205,704 - 5,921,076 Brazilian sovereign bonds 1,564,667 - - 1,564,667 Mutual funds 2,841,361 - - 2,841,361 Marketable equity securities and other stocks 5,266,028 2,649,350 3,014,105 10,929,483 Financial assets at fair value through other comprehensive income 169,927,392 4,519,946 3,603,198 178,050,536 Total 382,527,825 21,497,321 4,034,453 408,059,599 R$ thousand On December 31, 2017 Level 1 Level 2 Level 3 Fair Value Brazilian government securities 198,273,452 3,975,816 4 202,249,272 Corporate debt and marketable equity securities 3,716,053 8,271,295 352,442 12,339,790 Bank debt securities 1,952,015 6,396,254 - 8,348,269 Mutual funds 4,377,508 - - 4,377,508 Foreign governments securities 528,010 - - 528,010 Brazilian sovereign bonds 307 - - 307 Trading securities 208,847,345 18,643,365 352,446 227,843,156 Derivative financial instruments (assets) 46,601 13,814,312 5,972 13,866,885 Derivative financial instruments (liabilities) - (14,264,124) (10,875) (14,274,999) Derivatives 46,601 (449,812) (4,903) (408,114) Brazilian government securities 103,237,635 - 44,123 103,281,758 Corporate debt securities 4,786,078 31,740,856 3,451,696 39,978,630 Bank debt securities 1,086,454 97,399 - 1,183,853 Brazilian sovereign bonds 728,127 - - 728,127 Foreign governments securities 3,202,547 - - 3,202,547 Marketable equity securities and other stocks 4,380,606 3,261,732 3,395,469 11,037,807 Available-for-sale securities 117,421,447 35,099,987 6,891,288 159,412,722 Brazilian government securities 53,841,066 - - 53,841,066 Corporate debt securities 825,287 - - 825,287 Bank debt securities 4,904,070 - - 4,904,070 Brazilian sovereign bonds 713,555 - - 713,555 Financial assets pledged as collateral 60,283,978 - - 60,283,978 Total 386,599,371 53,293,540 7,238,831 447,131,742
Reconciliation of all assets and liabilities measured at fair value	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the years 2018 and 2017: R$ thousand Financial assets at fair value through profit or loss Financial assets at fair value through other comprehensive income Derivatives Total Balance on December 31, 2016 287,224 5,013,353 (8,617) 5,291,960 Included in the statement of income and other comprehensive income 15,868 (735,002) - (719,134) Acquisitions 74,908 4,019,844 3,714 4,098,466 Write-offs (25,554) (1,406,907) - (1,432,461) Balance on December 31, 2017 352,446 6,891,288 (4,903) 7,238,831 Included in the statement of income and other comprehensive income 24,142 (374,664) - (350,522) Acquisitions 150,950 91,668 17,597 260,215 Write-offs (22,262) (939) - (23,201) Transfer with categories (1) - (3,419,149) - (3,419,149) Transfer levels (86,715) 320,342 - 233,627 Balance on December 31, 2018 418,561 3,508,546 12,694 3,939,801
The gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income for Level 3 assets and liabilities	The tables below show the gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income for Level 3 assets and liabilities during the years 2018, 2017 and 2016: R$ thousand Year ended December 31, 2018 Financial assets at fair value through profit or loss Financial assets at fair value through other comprehensive income Total Interest and similar income 8,415 79,579 87,994 Net trading gains/(losses) realized and unrealized 15,727 (454,243) (438,516) Total 24,142 (374,664) (350,522) R$ thousand Year ended December 31, 2017 Financial assets held for trading Financial assets available for sale Total Interest and similar income 25,967 182,269 208,236 Net trading gains/(losses) realized and unrealized (10,099) (917,271) (927,370) Total 15,868 (735,002) (719,134) R$ thousand Year ended December 31, 2016 Financial assets held for trading Financial assets available for sale Total Interest and similar income 16,518 207,164 223,682 Net trading gains/(losses) realized and unrealized (3,363) (1,381,389) (1,384,752) Total 13,155 (1,174,225) (1,161,070)
Sensitivity analysis for financial assets	Sensitivity analysis for financial assets classified as Level 3 R$ thousand On December 31, 2018 Impact on income (1) Impact on shareholders' equity (1) 1 2 3 1 2 3 Interest rate in Reais (7) (1,491) (2,669) (102) (20,473) (36,901) Price indexes - - - (16) (1,750) (3,296) Equities (1,748) (43,705) (87,410) (15,987) (399,669) (799,338) R$ thousand On December 31, 2017 Impact on income (1) Impact on shareholders' equity (1) 1 2 3 1 2 3 Interest rate in Reais (8) (1,931) (3,482) (63) (14,873) (26,345) Price indexes - - - (10) (1,269) (2,394) Equities (1,351) (33,783) (67,567) (17,825) (445,615) (891,231)
Carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value	The table below summarizes the carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value, classified using the hierarchical levels: R$ thousand On December 31, 2018 Fair Value Book value Level 1 Level 2 Level 3 Total Financial assets (1) Loans and receivables · Banks - 105,248,950 - 105,248,950 105,248,950 · Customers - - 381,797,390 381,797,390 380,387,076 Securities at amortized cost 90,337,827 50,758,010 5,827,822 146,923,659 140,604,738 Financial liabilities Deposits from banks - - 248,216,967 248,216,967 247,313,979 Deposits from customers - - 340,512,921 340,512,921 340,748,196 Funds from issuance of securities - - 147,572,438 147,572,438 148,029,018 Subordinated debt - - 54,081,544 54,081,544 53,643,444 R$ thousand On December 31, 2017 Fair Value Book value Level 1 Level 2 Level 3 Total Financial assets Financial assets pledged as collateral · securities purchased under agreements to resell - 123,691,195 - 123,691,195 123,691,195 Held to maturity 29,182,489 11,963,782 - 41,146,271 39,006,118 Loans and receivables · Banks (1) - 32,247,724 - 32,247,724 32,247,724 · Customers (1) - - 346,633,592 346,633,592 346,758,099 Financial liabilities Deposits from banks - - 285,716,505 285,716,505 285,957,468 Deposits from customers - - 261,760,442 261,760,442 262,008,445 Funds from issuance of securities - - 134,890,631 134,890,631 135,174,090 Subordinated debt - - 51,012,436 51,012,436 50,179,401
detailed information on the Organization's Capital, in compliance with the Prudential Conglomerate	Following is the detailed information on the Organization's Capital, in compliance with the Prudential Conglomerate: Calculation basis - Basel Ratio R$ thousand Basel III On December 31 2018 2017 Prudential Tier I capital 90,322,147 80,084,744 Common equity 81,090,060 75,079,777 Shareholders' equity 121,120,869 110,457,476 Minority / Other 169,606 68,072 Prudential adjustments (1) (40,200,415) (35,445,771) Additional Capital (3) 9,232,087 5,004,967 Tier II capital 27,618,026 24,588,090 Subordinated debts (Resolution No. 4.192/13) 22,416,933 16,947,024 Subordinated debts (prior to Resolution No. 4.192/13) 5,201,093 7,641,066 Reference Equity (a) 117,940,173 104,672,834 - Credit risk 598,057,619 554,928,771 - Market risk 10,407,258 8,908,205 - Operational risk 53,150,786 47,605,162 Risk-weighted assets - RWA (b) 661,615,663 611,442,138 Banking Book's Interest Rate Risk 5,180,343 3,527,467 Margin (Capital Buffer) (2) 34,911,835 34,226,583 Basel ratio (a/b) 17.8% 17.1% Tier I capital 13.7% 13.1% - Principal capital 12.3% 12.3% - Additional capital 1.4% 0.8% Tier II capital 4.2% 4.0%
Detailed comparison of the risk-weighted assets (RWA) of the Prudential Conglomerate	Below is the detailed comparison of the risk-weighted assets (RWA) of the Prudential Conglomerate, regulatory approach: RWA R$ thousand On December 31 2018 2017 Prudential Credit risk 598,057,619 554,928,771 Risk Weight of 0% - - Risk Weight of 2% 83,052 314,012 Risk Weight of 20% 3,229,634 2,224,147 Risk Weight of 35% 11,393,716 10,208,602 Risk Weight of 50% 32,072,200 25,635,506 Risk Weight of 75% 130,208,551 114,553,059 Risk Weight of 85% 115,191,858 105,938,759 Risk Weight of 100% 265,578,016 261,909,360 Risk Weight of 250% 30,408,772 28,139,531 Risk Weight of 300% 6,634,117 2,920,531 FORMULA (1) 3,250,205 - Risk Weight up to 1,250% 7,498 3,085,264 Market Risk (2) 10,407,258 8,908,205 Fixed-rate in Reais 3,621,542 5,696,584 Foreign Currency Coupon 6,949,809 838,259 Price Index Coupon 1,399,478 1,756,973 Equities 1,087,814 637,924 Commodities 757,438 449,546 Exposure to Gold, Foreign Currencies and Exchange 4,424,487 3,657,957 Operational Risk 53,150,786 47,605,162 Corporate Finance 1,655,552 1,369,491 Trading and Sales 2,443,551 1,667,449 Retail 10,032,258 9,308,681 Commercial 23,508,471 21,518,843 Payment and Settlement 6,834,660 6,132,749 Financial Agent Services 4,055,903 3,628,257 Asset Management 4,465,702 3,827,848 Retail Brokerage 154,689 151,844 Total Risk Weighted Assets 661,615,663 611,442,138 Total Capital Requirement (57,064,351) (56,558,398) Banking Book's Interest Rate Risk (5,180,343) (3,527,467) Additional Common equity (ACPS) (3) 15,713,372 9,171,632 ACP Conservation 12,405,294 7,643,027 ACP Systemic 3,308,078 1,528,605
The sensibility test for Life Insurance with Survival	The sensitivity test for Life Insurance with Survival, Welfare Coverage and Individual Life Insurance was made considering the same bases and groupings of the TAP test with variation in the assumptions listed below: R$ thousand On December 31, 2018 Interest rate Longevity Conversion to income Percentage adjustment to each assumption: Variation of -5% 0.2% + 5 b.p. Traditional plans (contributing period) (2,306) (263) (4,882) PGBL and VGBL (contributing period) (7,502) (1,166) (27,316) All plans(retirement benefit period) (125,864) (46,742) - Total (135,672) (48,171) (32,198)
For damages, life and health insurance, except individual life	For property, life and health insurance, except individual life, the table below shows increase in the events/claims were to rise 1 percentage point over the 12 months from the calculation base date. R$ thousand Gross of reinsurance Net of reinsurance On December 31 On December 31 2018 2017 2018 2017 Auto (21,721) (22,347) (21,721) (22,347) RE (Elementary branch) (8,366) (9,940) (7,980) (8,893) Life (29,633) (28,146) (29,541) (28,050) Dental (3,941) (3,495) (3,941) (3,495) Health (104,574) (97,923) (104,574) (97,923)
Potential exposures are monitored, analyzing	Potential exposures are monitored, analyzing certain concentrations in some type of insurance. The table below shows risk concentration by type of insurance (except health and dental), based on net premiums, net of reinsurance: Premium issued by branch, net of cancellation R$ thousand On December 31 2018 2017 Auto 3,987,645 4,086,705 RE (Elementary branch) 1,485,537 1,525,848 Traditional plans 1,892,855 1,788,420 Life insurance 7,041,906 6,904,576 VGBL 23,492,119 28,650,153 PGBL 2,461,808 3,301,623

Operating segments (Tables)

Operating segments (Tables)	12 Months Ended
	Dec. 31, 2018
Operating segments (Tables) [Abstract]
Information by operating segment, reviewed	Information by operating segment, reviewed by the Organization and corresponding to the years 2018, 2017 and 2016, is shown below: R$ thousand Year ended December 31, 2018 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 53,582,872 12,291,357 934,241 66,808,470 Net fee and commission income 25,496,171 600,510 (2,265,091) 23,831,590 Net gains/(losses) on financial assets and liabilities at fair value through profit or loss - - (11,676,573) (11,676,573) Net gains/(losses) on financial instruments classified as held for trading (6,217,370) (5,459,203) 11,676,573 - Net gains/(losses) on financial assets at fair value through other comprehensive income - - 1,073,563 1,073,563 Net gains/(losses) on financial instruments classified as available for sale 625,159 738,063 (1,363,222) - Net gains/(losses) on foreign currency transactions 1,096,826 - - 1,096,826 Net income from insurance and pension plans - 7,656,872 - 7,656,872 Other operating income/(loss) (4,495,385) 2,935,732 (289,659) (1,849,312) Expected loss on loans and advances - - (15,091,975) (15,091,975) Impairment of loans and advances (11,078,383) - 11,078,383 - Expected loss on other financial assets - - (1,172,860) (1,172,860) Personnel expenses (17,369,813) (1,643,734) 142,085 (18,871,462) Other administrative expenses (16,290,073) (1,609,750) 1,025,861 (16,873,962) Depreciation and amortization (5,575,203) (411,875) 1,178,823 (4,808,255) Other operating income/(expenses) (11,439,378) (1,596,743) (1,174,473) (14,210,594) Other operating expense (61,752,850) (5,262,102) (4,014,156) (71,029,108) Income before income taxes and share of profit of associates and joint ventures 12,830,808 10,565,497 (5,634,665) 17,761,640 Share of profit of associates and joint ventures 1,410,004 206,272 64,099 1,680,375 Income before income taxes 14,240,812 10,771,769 (5,570,566) 19,442,015 Income tax and social contribution (206,385) (4,382,847) 1,895,656 (2,693,576) Net income for the year 14,034,427 6,388,922 (3,674,910) 16,748,439 Attributable to controlling shareholders 14,034,093 6,224,398 (3,674,576) 16,583,915 Attributable to non-controlling interest 334 164,524 (334) 164,524 Total assets 1,057,484,986 305,112,189 (57,053,461) 1,305,543,714 Investments in associates and joint ventures 6,235,329 1,837,899 52,571 8,125,799 Total liabilities 934,863,960 271,320,375 (25,316,741) 1,180,867,594 R$ thousand Year ended December 31, 2017 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 46,997,327 1,857,926 1,787,660 50,642,913 Net fee and commission income 24,143,561 787,014 (2,181,747) 22,748,828 Net gains/(losses) on financial instruments classified as held for trading 6,011,351 3,641,626 (29,869) 9,623,108 Net gains/(losses) on financial instruments classified as available for sale (685,560) 713,425 542,493 570,358 Net gain / (loss) on held-to-maturity investments (54,520) - - (54,520) Net gains/(losses) on foreign currency transactions 1,422,957 - - 1,422,957 Net income from insurance and pension plans - 6,239,990 - 6,239,990 Other operating income/(loss) 6,694,228 10,595,041 512,624 17,801,893 Impairment of loans and advances (17,895,929) - 1,035,094 (16,860,835) Personnel expenses (19,261,590) (1,589,077) 127,402 (20,723,265) Other administrative expenses (17,175,352) (1,391,439) 1,684,330 (16,882,461) Depreciation and amortization (5,555,033) (393,618) 1,380,083 (4,568,568) Other operating income/(expenses) (9,282,411) (889,065) 38,119 (10,133,357) Other operating expense (69,170,315) (4,263,199) 4,265,028 (69,168,486) Income before income taxes and share of profit of associates and joint ventures 8,664,801 8,976,782 4,383,565 22,025,148 Share of profit of associates and joint ventures 1,497,268 217,035 4,108 1,718,411 Income before income taxes 10,162,069 9,193,817 4,387,673 23,743,559 Income tax and social contribution (887,289) (4,156,153) (1,385,514) (6,428,956) Net income for the year 9,274,780 5,037,664 3,002,159 17,314,603 Attributable to controlling shareholders 9,272,962 4,812,425 3,003,977 17,089,364 Attributable to non-controlling interest 1,818 225,239 (1,818) 225,239 Total assets 988,063,541 295,699,951 (59,410,052) 1,224,353,440 Investments in associates and joint ventures 6,364,246 1,847,099 46,039 8,257,384 Total liabilities 875,887,257 257,329,282 (26,556,803) 1,106,659,736 R$ thousand Year ended December 31, 2016 Banking Insurance, pension and capitalization bonds Other operations (1), adjustments and eliminations Total Net interest income 49,156,109 5,374,229 2,132,651 56,662,989 Net fee and commission income 20,696,785 651,482 (1,007,216) 20,341,051 Net gains/(losses) on financial instruments classified as held for trading 14,918,934 1,250,639 233,197 16,402,770 Net gains/(losses) on financial instruments classified as available for sale (1,417,647) 805,051 (728,804) (1,341,400) Net gains/(losses) on foreign currency transactions 150,757 - - 150,757 Net income from insurance and pension plans - 4,155,763 - 4,155,763 Other operating income/(loss) 13,652,044 6,211,453 (495,607) 19,367,890 Impairment of loans and advances (18,829,460) - 3,479,182 (15,350,278) Personnel expenses (15,733,611) (1,387,935) 117,763 (17,003,783) Other administrative expenses (14,979,689) (1,331,349) 161,475 (16,149,563) Depreciation and amortization (3,786,599) (365,656) 493,842 (3,658,413) Other operating income/(expenses) (14,421,152) 243,631 173,359 (14,004,162) Other operating expense (67,750,511) (2,841,309) 4,425,621 (66,166,199) Income before income taxes and share of profit of associates and joint ventures 15,754,427 9,395,855 5,055,449 30,205,731 Share of profit of associates and joint ventures 1,538,058 168,691 (7,024) 1,699,725 Income before income taxes 17,292,485 9,564,546 5,048,425 31,905,456 Income tax and social contribution (7,995,420) (3,915,822) (2,001,488) (13,912,730) Net income for the year 9,297,065 5,648,724 3,046,937 17,992,726 Attributable to controlling shareholders 9,293,766 5,550,662 3,049,821 17,894,249 Attributable to non-controlling interest 3,299 98,062 (2,884) 98,477 Total assets 921,916,290 266,642,197 3,471,169 1,192,029,656 Investments in associates and joint ventures 5,512,372 1,416,617 73,789 7,002,778 Total liabilities 821,182,152 266,143,979 (775,682) 1,086,550,449 (1) Other operation represents less than 1% of total assets/liabilities and the net income for the year. The main adjustments from the information disclosed in segments columns are related to the difference between the IFRS and the Segment Report Information as impairment for loans and advance, effective interest rate and proportional consolidation.

Net interest income (Tables)

Net interest income (Tables)	12 Months Ended
	Dec. 31, 2018
Net interest income (Tables) [Abstract]
Net interest income	6. Net interest income R$ thousand Years ended December 31 2018 2017 2016 Interest and similar income Loans and advances to banks 9,546,878 5,073,435 8,689,348 Loans and advances to customers: - Loans 61,949,949 64,767,081 69,530,396 - Leases 250,791 254,009 343,626 Financial assets: - At fair value through profit or loss 17,538,227 - - - Fair value through other comprehensive income 16,666,298 - - - At amortized cost 12,120,868 - - - For trading - 13,684,574 23,576,526 - Available for sale - 11,351,320 11,572,618 - Held to maturity - 4,883,103 6,514,933 Pledged as collateral - 21,268,934 21,739,202 Compulsory deposits with the Central Bank 3,916,299 4,881,319 5,667,516 Other financial interest income 63,829 68,553 66,210 Total 122,053,139 126,232,328 147,700,375 Interest and similar expenses Deposits from banks: - Interbank deposits (137,154) (152,550) (127,617) - Funding in the open market (15,094,786) (22,564,515) (26,767,039) - Borrowings and onlending (3,176,469) (3,068,552) (3,865,411) Deposits from customers: - Savings accounts (4,646,528) (5,730,457) (6,712,509) - Time deposits (6,252,440) (7,536,161) (8,746,203) Funds from issuance of securities (9,054,699) (13,262,613) (17,124,502) Subordinated debt (3,517,067) (5,100,017) (6,298,555) Insurance technical provisions and pension plans (13,365,526) (18,174,550) (21,395,550) Total (55,244,669) (75,589,415) (91,037,386) Net interest income 66,808,470 50,642,913 56,662,989

Net fee and commission income (

Net fee and commission income (Tables)	12 Months Ended
	Dec. 31, 2018
Net fee and commission income (Tables) [Abstract]
Net fee and commission income	7. Net fee and commission income R$ thousand Years ended December 31 2018 2017 2016 Fee and commission income Credit cards 6,951,609 6,848,855 6,251,963 Current accounts 7,165,667 6,652,711 6,030,640 Collections 1,982,037 1,965,601 1,777,515 Guarantees 1,463,423 1,570,522 1,438,409 Asset management 1,525,280 1,463,469 1,079,653 Consortium management 1,683,942 1,526,660 1,278,753 Custody and brokerage services 916,083 754,966 618,750 Underwriting/ Financial Advisory Services 815,242 801,219 733,530 Payments 448,416 409,267 373,639 Other 879,891 755,558 758,199 Total 23,831,590 22,748,828 20,341,051

Net gains_(losses) on financi_5

Net gains/(losses) on financial assets and liabilities at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss (Tables) [Abstract]
Net gains/(losses) on financial assets	8. Net gains/(losses) on financial assets and liabilities at fair value through profit or loss R$ thousand Year ended December 31 2018 Fixed income securities (1,360,349) Derivative financial instruments (10,543,169) Equity securities 226,945 Total (11,676,573)

Net gains_(losses) on financi_6

Net gains/(losses) on financial instruments classified as held for trading (Tables)	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial instruments classified as held for trading (Tables) [Abstract]
Net gains/(losses) on financial instruments	9. Net gains/(losses) on financial instruments classified as held for trading R$ thousand Years ended December 31 2017 2016 Fixed income securities 9,862,617 4,654,959 Derivative financial instruments (1,426,160) 10,887,800 Equity securities 1,186,651 860,011 Total 9,623,108 16,402,770

Net gains_(losses) on financi_7

Net gains/(losses) on financial assets at fair value through other comprehensive income (Tables)	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial assets at fair value through other comprehensive income (Tables) [Abstract]
Net gains/(losses) on financial assets at fair value through other comprehensive income	10. Net gains/(losses) on financial assets at fair value through other comprehensive income R$ thousand Year ended December 31 2018 Fixed income securities 345,987 Equity securities 677,312 Dividends received 50,264 Total 1,073,563

Net gains_(losses) on financi_8

Net gains/(losses) on financial instruments classified as available for sale (Tables)	12 Months Ended
	Dec. 31, 2018
Net gains/(losses) on financial instruments classified as available for sale (Tables) [Abstract]
Net gains/(losses) on financial instruments	11. Net gains/(losses) on financial instruments classified as available for sale R$ thousand Years ended December 31 2017 2016 Fixed income securities (1) 49,963 (1,918,595) Equity securities (1) 437,054 459,223 Dividends received 83,341 117,972 Total 570,358 (1,341,400)

Net income from insurance and_2

Net income from insurance and pension plans (Tables)	12 Months Ended
	Dec. 31, 2018
Net income from insurance and pension plans (Tables) [Abstract]
Net income from insurance and	13. Net income from insurance and pension plans R$ thousand Years ended December 31 2018 2017 2016 Written premiums 62,736,288 65,864,591 62,470,571 Supplemental pension plan contributions 4,441,813 5,090,043 3,679,922 Granted coinsurance premiums (47,232) (49,715) (70,862) Refunded premiums (769,311) (667,196) (746,244) Net written premiums earned 66,361,558 70,237,723 65,333,387 Reinsurance premiums paid (91,463) (191,088) (306,265) Premiums retained from insurance and pension plans 66,270,095 70,046,635 65,027,122 Changes in the provision for insurance (25,837,488) (30,435,868) (29,729,884) Changes in the provision for private pension plans (3,571,734) (4,369,903) (3,052,034) Changes in the insurance technical provisions and pension plans (29,409,222) (34,805,771) (32,781,918) Reported indemnities (26,463,800) (25,924,687) (24,877,804) Claims expenses (67,298) (36,068) (119,201) Recovery of ceded coinsurance 117,703 35,332 65,285 Recovery of reinsurance 18,786 116,913 141,711 Salvage recoveries 491,559 488,057 451,930 Changes in the IBNR provision (121,320) (274,509) (204,354) Retained claims (26,024,370) (25,594,962) (24,542,433) Commissions on premiums (2,655,101) (2,700,131) (2,696,002) Recovery of commissions 12,411 19,334 29,927 Fees (353,139) (403,835) (489,279) Brokerage expenses - private pension plans (125,770) (153,552) (167,654) Changes in deferred commissions (58,032) (167,728) (224,000) Selling expenses for insurance and pension plans (3,179,631) (3,405,912) (3,547,008) Net income from insurance and pension plans 7,656,872 6,239,990 4,155,763

Personnel expenses (Tables)

Personnel expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Personnel expenses (Tables) [Abstract]
Personnel expenses	14. Personnel expenses R$ thousand Years ended December 31 2018 2017 2016 Salaries (8,350,461) (9,170,556) (8,236,617) Benefits (4,383,644) (5,385,133) (3,625,796) Social security charges (2,997,889) (3,505,290) (2,862,067) Employee profit sharing (1,682,868) (1,572,472) (1,451,310) Provision for labor claims (1,289,664) (927,136) (663,124) Training (166,936) (162,678) (164,869) Total (1) (18,871,462) (20,723,265) (17,003,783)

Other administrative expenses (

Other administrative expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Other administrative expenses (Tables) [Abstract]
Other administrative expenses	15. Other administrative expenses R$ thousand Years ended December 31 2018 2017 2016 Outsourced services (4,598,748) (4,748,308) (4,871,194) Communication (1,541,742) (1,684,153) (1,653,055) Data processing (2,398,676) (2,117,085) (1,612,454) Advertising and marketing (1,136,062) (942,851) (1,124,659) Asset maintenance (1,112,508) (1,158,840) (1,060,856) Financial system (1,009,209) (1,033,017) (1,047,618) Rental (1,142,408) (1,142,166) (1,027,561) Security and surveillance (748,577) (818,221) (736,547) Transport (749,685) (782,444) (719,842) Water, electricity and gas (412,789) (405,515) (384,069) Advances to FGC (Deposit Guarantee Association) (408,335) (418,670) (355,540) Supplies (216,768) (263,527) (321,509) Travel (286,731) (261,911) (174,772) Other (1,111,724) (1,105,753) (1,059,887) Total (16,873,962) (16,882,461) (16,149,563)

Depreciation and amortization (

Depreciation and amortization (Tables)	12 Months Ended
	Dec. 31, 2018
Depreciation and amortization (Tables) [Abstract]
Depreciation and amortization	16. Depreciation and amortization R$ thousand Years ended December 31 2018 2017 2016 Amortization expenses (3,348,242) (3,331,240) (2,516,777) Depreciation expenses (1,460,013) (1,237,328) (1,141,636) Total (4,808,255) (4,568,568) (3,658,413)

Other operating income_(expen_2

Other operating income/(expenses) (Tables)	12 Months Ended
	Dec. 31, 2018
Other operating income/(expenses) (Tables) [Abstract]
Other operating income/(expenses)	17. Other operating income/(expenses) R$ thousand Years ended December 31 2018 2017 2016 Tax expenses (6,096,899) (5,960,618) (6,331,651) Legal provision (1,836,429) (1,238,057) (2,927,734) Variation in monetary liabilities (147,642) 31,710 (699,719) Income from sales of non-current assets, investments, and property and equipment, net (614,895) (412,957) (467,042) Other (1) (5,514,729) (2,553,435) (3,578,016) Total (14,210,594) (10,133,357) (14,004,162)

Income tax and social contrib_2

Income tax and social contribution (Tables)	12 Months Ended
	Dec. 31, 2018
Income tax and social contribution (Tables) [Abstract]
Calculation of income tax and social contribution charges	a) Calculation of income tax and social contribution charges R$ thousand Years ended December 31 2018 2017 2016 Income before income tax and social contribution 19,442,015 23,743,559 31,905,456 Total burden of income tax and social contribution at the current rates (1) (8,748,907) (10,684,602) (14,357,455) Effect of additions and exclusions in the tax calculation: Earnings (losses) of associates and joint ventures 756,169 773,285 764,876 Interest on shareholders' equity (paid and payable) 3,284,368 3,241,955 3,139,102 Other amounts (2) 2,014,794 240,406 (3,459,253) Income tax and social contribution for the period (2,693,576) (6,428,956) (13,912,730) Effective rate 13.9% 27.1% 43.6%
Composition of income tax and social contribution in the consolidated statement of income	b) Composition of income tax and social contribution in the consolidated statement of income R$ thousand Years ended December 31 2018 2017 2016 Current taxes: Income tax and social contribution payable (5,657,841) (8,788,060) (8,852,947) Deferred taxes: Net Addition/(realization) of temporary differences 1,288,642 2,950,961 (4,106,008) Use of opening balances of: Social contribution loss (313,223) (430,584) (647,282) Income tax loss (343,791) (331,512) (879,276) Addition on: Social contribution loss 870,717 150,371 234,730 Income tax loss 1,461,920 19,868 338,053 Total deferred tax expense 2,964,265 2,359,104 (5,059,783) Income tax and social contribution (2,693,576) (6,428,956) (13,912,730)
Deferred income tax and social contribution presented in the consolidated statement of financial position	c) Deferred income tax and social contribution presented in the consolidated statement of financial position R$ thousand Balance on December 31, 2017 Amount recorded Realized / Decrease Balance on December 31, 2018 Provisions of impairment of loans and advances 26,503,863 11,554,370 (6,415,433) 31,642,800 Provision for contingencies 7,226,483 1,835,387 (1,527,145) 7,534,725 Adjustment to market value of securities 3,943,875 960,026 (2,599,972) 2,303,929 Other 5,809,566 2,881,845 (3,571,427) 5,119,984 Total tax assets on temporary differences (2) 43,483,787 17,231,628 (14,113,977) 46,601,438 Income tax and social contribution losses in Brazil and abroad (2) 5,003,872 2,332,637 (657,014) 6,679,495 Total deferred tax assets (1) 48,487,659 19,564,265 (14,770,991) 53,280,933 Deferred tax liabilities (1) 6,007,595 2,231,551 (2,440,193) 5,798,953 Net deferred taxes (1) 42,480,064 17,332,714 (12,330,798) 47,481,980 R$ thousand Balance on December 31, 2016 Amount recorded Realized / Decrease (3) Balance on December 31, 2017 Provisions of impairment of loans and advances 23,011,653 12,264,028 (8,771,818) 26,503,863 Provision for contingencies 7,351,234 1,782,500 (1,907,251) 7,226,483 Adjustment to market value of securities 5,488,482 1,724,016 (3,268,623) 3,943,875 Other 4,681,457 4,773,082 (3,644,973) 5,809,566 Total tax assets on temporary differences (2) 40,532,826 20,543,626 (17,592,665) 43,483,787 Income tax and social contribution losses in Brazil and abroad (2) 5,595,729 170,239 (762,096) 5,003,872 Adjustment to market value of available for sale (2) 493,168 576,732 (1,069,900) - Total deferred tax assets (1) 46,621,723 21,290,597 (19,424,661) 48,487,659 Deferred tax liabilities (1) 3,267,808 3,557,618 (817,831) 6,007,595 Net deferred taxes (1) 43,353,915 17,732,979 (18,606,830) 42,480,064 (1) Deferred income and social contribution tax assets and liabilities are offset in the balance sheet by taxable entity, and were R$4,598,364 thousand in 2018 and R$4,755,748 thousand in 2017; (2) Deferred tax assets of financial and insurance companies were established considering the increase of the social contribution rate, determined by Law No. 11,727/08(Note 2t); and (3) Includes a write-off of tax credits, in 2017, in the amount of R$150,040 thousand.
Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution	d) Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution R$ thousand Temporary differences Income tax and social contribution losses Total Income tax Social contribution Income tax Social contribution 2019 8,608,743 5,151,718 173,339 116,422 14,050,222 2020 7,446,071 4,453,270 209,055 125,180 12,233,576 2021 6,271,093 3,750,046 373,951 222,054 10,617,144 2022 4,666,854 2,793,181 693,635 412,132 8,565,802 2023 1,865,064 1,078,151 1,958,633 1,198,738 6,100,586 After 2023 323,314 193,933 327,524 868,832 1,713,603 Total 29,181,139 17,420,299 3,736,137 2,943,358 53,280,933
Deferred tax liabilities	e) Deferred tax liabilities R$ thousand On December 31 2018 2017 Timing differences of depreciation - finance leasing 242,571 283,231 Adjustment to market value of securities 1,200,453 1,215,588 Judicial deposit and others 4,355,929 4,508,776 Total 5,798,953 6,007,595
Income tax and social contribution on adjustments recognized directly in equity	f) Income tax and social contribution on adjustments recognized directly in equity R$ thousand On December 31, 2018 On December 31, 2017 On December 31, 2016 Before tax Tax (expense)/ benefit Net of tax Before tax Tax (expense)/ benefit Net of tax Before tax Tax (expense)/ benefit Net of tax Financial assets at fair value through other comprehensive income (512,397) 215,482 (296,915) - - - - - - Financial assets recorded as available for sale - - - 3,418,567 (1,231,202) 2,187,365 6,298,103 (2,587,076) 3,711,027 Exchange differences on translations of foreign operations 113,198 - 113,198 23,010 5,992 29,002 (194,566) 87,555 (107,011) Other (154,607) 61,843 (92,764) - - - - - - Total (553,806) 277,325 (276,481) 3,441,577 (1,225,210) 2,216,367 6,103,537 (2,499,521) 3,604,016

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings per share (Tables) [Abstract]
The calculation of basic earnings per share	The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below: Years ended December 31 2018 2017 (1) 2016 (1) Net earnings attributable to the Organization's common shareholders (R$ thousand) 7,916,635 8,157,920 8,542,147 Net earnings attributable to the Organization's preferred shareholders (R$ thousand) 8,667,280 8,931,444 9,352,102 Weighted average number of common shares outstanding (thousands) 3,354,990 3,354,990 3,354,990 Weighted average number of preferred shares outstanding (thousands) 3,339,188 3,339,188 3,339,188 Basic earnings per share attributable to common shareholders of the Organization (in Reais) 2.36 2.43 2.55 Basic earnings per share attributable to preferred shareholders of the Organization (in Reais) 2.60 2.67 2.80 (1) All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018, in the proportion of one new share for every 10 shares held.

Cash, balances with banks and_2

Cash, balances with banks and cash equivalents (Tables)	12 Months Ended
	Dec. 31, 2018
Cash, balances with banks and cash equivalents (Tables) [Abstract]
Cash and balances with banks (Table)	a) Cash and balances with banks R$ thousand On December 31 2018 2017 Cash and due from banks in domestic currency 14,734,228 12,939,852 Cash and due from banks in foreign currency 4,877,776 2,088,498 Compulsory deposits with the Central Bank (1) 87,596,916 66,714,226 Investments in gold 823 375 Total 107,209,743 81,742,951
Cash and cash equivalents (Table)	b) Cash and cash equivalents R$ thousand On December 31 2018 2017 Cash and due from banks in domestic currency 14,734,228 12,939,852 Cash and due from banks in foreign currency 4,877,776 2,088,498 Interbank investments (1) 90,612,803 141,025,717 Investments in gold 823 375 Total 110,225,630 156,054,442 (1) Refers to operations with maturity date on the effective date of investment equal to or less than 90 days and insignificant risk of change in the fair value. Of this amount, R$60,443,537 thousand (2017 - R$123,691,195 thousand) refers to Financial assets pledged as collateral.

Financial assets and liabilit_3

Financial assets and liabilities at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets and liabilities at fair value through profit or loss (Tables) [Abstract]
Financial assets at fair value through profit or loss	a) Financial assets at fair value through profit or loss R$ thousand On December 31 2018 Financial assets (1) Brazilian government securities 206,756,050 Bank debt securities 10,164,454 Corporate debt and marketable equity securities 9,303,942 Mutual funds 3,657,393 Brazilian sovereign bonds 659,603 Foreign governments securities 849,114 Derivative financial instruments 14,770,594 Total 246,161,150
Maturity	b) Maturity R$ thousand On December 31 2018 Maturity of up to one year 12,471,625 Maturity of one to five years 164,553,949 Maturity of five to 10 years 56,868,688 Maturity of over 10 years 5,121,915 Maturity not stated 7,144,973 Total 246,161,150
Liabilities at fair value through profit or loss	c) Liabilities at fair value through profit or loss R$ thousand On December 31 2018 Derivative financial instruments 16,152,087 Total 16,152,087

Financial assets and liabilit_4

Financial assets and liabilities held for trading (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets and liabilities held for trading (Tables) [Abstract]
Financial assets held for trading	a) Financial assets held for trading R$ thousand On December 31 2017 Financial assets Brazilian government securities 202,249,272 Bank debt securities 8,348,269 Corporate debt and marketable equity securities 12,339,790 Mutual funds 4,377,508 Brazilian sovereign bonds 307 Foreign governments securities 528,010 Derivative financial instruments 13,866,885 Total 241,710,041 b) Maturity
Financial assets held for trading - Maturity	R$ thousand On December 31 2017 Maturity of up to one year 31,617,538 Maturity of one to five years 146,527,365 Maturity of five to 10 years 53,763,561 Maturity of over 10 years 2,409,723 Maturity not stated 7,391,854 Total 241,710,041
Financial liabilities held for trading	c) Financial liabilities held for trading R$ thousand On December 31 2017 Derivative financial instruments 14,274,999 Total 14,274,999

Derivative financial instrume_2

Derivative financial instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative financial instruments (Tables) [Abstract]
The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading	The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Organization is as follows: R$ thousand Notional amounts Asset/(liability) On December 31 On December 31 2018 2017 2018 2017 Futures contracts • Interest rate futures Purchases 183,952,954 96,081,180 8,902 3,586 Sales 129,207,143 132,837,699 (19,133) (154,188) • In foreign currency Purchases 53,491,092 48,376,597 3,174 1,243 Sales 65,531,388 67,238,635 (1,911) (1,003) • Other Purchases 300,160 163,224 257 162 Sales 288,801 113,772 (239) (114) Options • Interest rates Purchases 37,543,735 10,663,668 560,812 101,214 Sales 37,032,836 9,616,129 (1,031,343) (535,748) • In foreign currency Purchases 15,102,480 7,335,027 898,751 605,028 Sales 11,637,761 10,274,094 (571,867) (409,587) • Other Purchases 830,352 443,443 51,704 34,013 Sales 723,729 228,141 (42,140) (20,188) Forward operations • Interest rates Purchases 213,196 - 15,577 - • In foreign currency Purchases 12,488,149 10,372,477 135,002 218,019 Sales 18,609,950 14,947,271 (188,372) (358,995) • Other Purchases 896,288 114,020 580,566 497,987 Sales 603,890 635,522 23,990 (147,138) Swap contracts • Asset position Interest rate swaps 57,751,559 56,636,856 10,413,068 11,065,095 Currency swaps 15,551,428 6,161,641 1,758,178 1,340,538 • Liability position Interest rate swaps 32,737,145 31,454,647 (10,250,643) (11,030,003) Currency swaps 23,368,049 14,288,568 (3,725,826) (1,618,035)
Risk of default	In the event of a default, the counterparty who purchased the protection will receive a payment, the purpose of which is to compensate for the loss of value in the financial instrument. In this case, the counterparty that sells the protection normally will receive the underlying asset in exchange for said payment. On December 31 - R$ thousand 2018 2017 Risk received in credit Swaps: 3,330,639 584,987 - Debt securities issued by companies 749,735 468,214 - Bonds of the Brazilian public debt 2,574,317 116,773 - Bonds of foreign public debt 6,587 - Risk transferred in credit Swaps: (271,236) - - Brazilian public debt derivatives (96,870) - - Foreign public debt derivatives (174,366) - Total net credit risk value 3,059,403 584,987 Effect on Shareholders' Equity 61,551 49,162 Remuneration on the counterparty receiving the risk (7,372) 195
Exposure to future changes in interest rates	The financial instruments classified in this category, aims to reduce exposure to future changes in interest rates, which impact the operating results of the Organization. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders' equity, net of tax effects and is only transferred to income in two situations: (i) in case of ineffectiveness of the hedge; or (ii) the realization of the hedge object. The ineffective portion of the respective hedge is recognized directly in the income statement. Strategy On December 31 - R$ thousand Hedge instrument nominal value Hedge object accounting value Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects) Hedge of interest receipts from investments in securities (1) 9,784,183 8,048,943 - - Hedge of interest payments on funding (2) 8,285,152 8,054,345 (140,745) (84,447) Total in 2018 18,069,335 16,103,288 (140,745) (84,447) * Hedge of interest receipts from investments in securities (1) 16,030,487 14,708,544 40,060 24,036 Hedge of interest payments on funding (2) 6,769,979 6,671,048 (84,044) (50,426) Total in 2017 22,800,466 21,379,592 (43,984) (26,390) (1) Referring to the DI interest rate risk, using DI Futures contracts in B3, with the maturity in 2019, making the cash flow fixed; and (2) Referring to the DI interest rate risk, using DI Futures contracts in B3, with maturity dates in 2020, making the cash flow fixed.
Exposição as variações cambiais	The financial instruments classified in this category, have the objective of reducing the exposure to foreign exchange variation of investments abroad, whose functional currency is different from the national currency, which impacts the result of the Organization. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders' equity, net of tax effects and is only transferred to income in two situations: (i) hedge ineffectiveness; or (ii) in the disposal or partial sale of the foreign operation. The ineffective portion of the respective hedge is recognized directly in the income statement. Strategy On December 31 - R$ thousand Hedge instrument nominal value Hedge object accounting value Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects) Hedge of exchange variation on future cash flows (1) 1,375,232 755,611 (269,039) (161,423) Total in 2018 1,375,232 755,611 (269,039) (161,423) * Hedge of exchange variation on future cash flows (1) 1,110,888 582,567 (59,739) (35,843) Total in 2017 1,110,888 582,567 (59,739) (35,843) (1) Whose functional currency is different from the Real , using Forward contracts, with the object of hedging the foreign investment referenced to MXN (Mexican Peso).
Financial assets and liabilities subject to compensation	The table below presents financial assets and liabilities subject to compensation: R$ thousand On December 31, 2018 Amount of financial assets, gross Related amount offset in the Balance Sheet Net amount Interbank investments 60,443,537 - 60,443,537 Derivative financial instruments 14,770,594 - 14,770,594 R$ thousand On December 31, 2018 Amount of financial liabilities, gross Related amount offset in the Balance Sheet Net amount Securities sold under agreements to repurchase 190,911,877 - 190,911,877 Derivative financial instruments 16,152,087 - 16,152,087 R$ thousand On December 31, 2017 Amount of financial assets, gross Related amount offset in the Balance Sheet Net amount Interbank investments 123,691,195 - 123,691,195 Derivative financial instruments 13,866,885 - 13,866,885 R$ thousand On December 31, 2017 Amount of financial liabilities, gross Related amount offset in the Balance Sheet Net amount Securities sold under agreements to repurchase 233,467,544 - 233,467,544 Derivative financial instruments 14,274,999 - 14,274,999

Financial assets at fair valu_2

Financial assets at fair value through other comprehensive income (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets at fair value through other comprehensive income (Tables) [Abstract]
Financial assets at fair value through other comprehensive income	a) Financial assets at fair value through other comprehensive income R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Brazilian government securities 146,656,888 4,251,206 (89,339) 150,818,755 Corporate debt securities 5,932,857 187,874 (145,537) 5,975,194 Bank debt securities 6,371,576 117,435 (567,935) 5,921,076 Brazilian sovereign bonds 1,573,965 28,832 (38,130) 1,564,667 Mutual funds 2,856,590 1,742 (16,971) 2,841,361 Marketable equity securities and other stocks 11,685,525 682,783 (1,438,825) 10,929,483 Balance on December 31, 2018 (1) 175,077,401 5,269,872 (2,296,737) 178,050,536 (1) In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.
Financial assets at fair value through other comprehensive income - Maturity	b) Maturity R$ thousand On December 31, 2018 Amortized cost Fair value Due within one year 75,814,113 75,763,826 From 1 to 5 years 65,896,910 67,290,177 From 5 to 10 years 6,189,446 6,441,750 Over 10 years 15,491,407 17,625,300 No stated maturity 11,685,525 10,929,483 Total 175,077,401 178,050,536
Investments in equity instruments designated at fair value through other comprehensive income	c) Investments in equity instruments designated at fair value through other comprehensive income R$ thousand Cost Adjustments to Fair Value Fair Value Marketable equity securities and other stocks 11,685,525 (756,042) 10,929,483 Total 11,685,525 (756,042) 10,929,483
Reconciliation of expected losses of financial assets at FVOCI	d) Reconciliation of expected losses of financial assets at FVOCI : R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss of financial assets at FVOCI on January 1, 2018 21,370 44,482 55,714 121,566 Transferred to Stage 3 (748) - - (748) Out of Stage 1 - - 748 748 Assets constituted/reversed (5,910) 117,579 104,271 215,940 Expected loss of financial assets at FVOCI as of December 31, 2018 14,712 162,061 160,733 337,506 (1) The expected loss is recorded as "Expected Loss on Other Financial Assets" in the Consolidated Statement of Income.

Financial assets available fo_2

Financial assets available for sale (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets available for sale (Tables) [Abstract]
Financial assets available for sale	a) Available for sale R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Brazilian government securities 101,822,760 1,881,077 (422,079) 103,281,758 Corporate debt securities 40,875,928 836,715 (1,734,013) 39,978,630 Bank debt securities 1,251,066 169,142 (236,355) 1,183,853 Brazilian sovereign bonds 719,494 27,326 (18,693) 728,127 Foreign governments securities 3,210,554 175 (8,182) 3,202,547 Marketable equity securities and other stocks 11,302,834 620,896 (885,923) 11,037,807 Balance on December 31, 2017 159,182,636 3,535,331 (3,305,245) 159,412,722 b) Maturity
Maturity	R$ thousand On December 31, 2017 Amortized cost Fair value Due within one year 31,635,369 31,167,067 From 1 to 5 years 83,579,399 83,816,085 From 5 to 10 years 16,004,079 16,363,350 Over 10 years 16,660,955 17,028,413 No stated maturity 11,302,834 11,037,807 Total 159,182,636 159,412,722

Loans and advances to financi_2

Loans and advances to financial institutions (Tables)	12 Months Ended
	Dec. 31, 2018
Loans and advances to financial institutions (Tables) [Abstract]
Loans and advances to financial institutions	26. Loans and advances to financial institutions R$ thousand On December 31 2018 2017 Repurchase agreements (1) 96,304,582 21,045,591 Loans to financial institutions 8,946,346 11,207,614 Impairment of loans and advances (1,978) (5,481) Total 105,248,950 32,247,724

Loans and advances to custome_2

Loans and advances to customers (Tables)	12 Months Ended
	Dec. 31, 2018
Loans and advances to customers (Tables) [Abstract]
Loans and advances to customers	27. Loans and advances to customers R$ thousand On December 31 2018 2017 Working capital 55,922,505 52,700,584 Personal credit (1) 68,142,457 60,570,146 Housing loans 60,594,386 59,963,375 Financing and export 47,718,443 38,272,982 Onlending BNDES/Finame 25,170,115 30,655,666 Credit card 39,553,374 37,568,984 Vehicle loans 31,075,027 24,741,298 Rural loans 13,353,943 13,642,478 Import 6,886,356 5,318,042 Overdraft for corporates 7,058,014 6,587,239 Receivable insurance premiums 4,427,560 4,301,472 Overdraft for individuals 4,764,293 3,582,020 Leases 2,089,862 2,249,859 Other 44,736,320 33,659,520 Total portfolio 411,492,655 373,813,665 Impairment of loans and advances (31,105,579) (27,055,566) Total of net loans and advances to customers 380,387,076 346,758,099
Loans and advances to customers include the following financial lease receivables	Loans and advances to customers include the following financial lease receivables. R$ thousand On December 31 2018 2017 Gross investments in financial leases receivable: Up to one year 929,858 1,118,286 From one to five years 1,128,477 1,082,149 Over five years 31,527 49,424 Impairment loss on finance leases (128,564) (146,812) Net investment 1,961,298 2,103,047 Net investments in finance leases: Up to one year 884,853 1,034,188 From one to five years 1,045,773 1,021,089 Over five years 30,672 47,770 Total 1,961,298 2,103,047
Changes made and our analysis of our portfolio of renegotiated loans and advances to customers	The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers: R$ thousand On December 31 2018 2017 Opening balance 17,183,869 17,501,423 Additional renegotiated amounts, including interest 15,193,567 16,185,863 Payments received (9,472,888) (10,108,040) Write-offs (5,761,336) (6,395,377) Closing balance 17,143,212 17,183,869 Expected loss on loans and advances (7,015,820) - Impairment of loans and advances - (10,853,777) Total renegotiated loans and advances to customers, net of impairment at the end of the year 10,127,392 6,330,092 Impairment on renegotiated loans and advances as a percentage of the renegotiated portfolio 40.9% 63.2% Total renegotiated loans and advances as a percentage of the total loan portfolio 4.2% 4.6% Total renegotiated loans and advances as a percentage of the total loan portfolio, net of impairment 2.7% 1.8%
Reconciliation of the gross book value of loans and advances to clients	Reconciliation of the gross book value of loans and advances to clients R$ thousand Stage 1 Stage 2 Stage 3 Total Loans and advances to customers on January 1, 2018 301,561,502 42,535,223 29,716,940 373,813,665 Transferred to Stage 1 - (3,099,627) (153,138) (3,252,765) Transferred to Stage 2 (8,547,801) - (169,851) (8,717,652) Transferred to Stage 3 (4,206,794) (6,078,158) - (10,284,952) Out of Stage 1 - 8,547,801 4,206,794 12,754,595 Out of Stage 2 3,099,627 - 6,078,158 9,177,785 Out of Stage 3 153,138 169,851 - 322,989 Assets originated/Assets settled or amortized 47,475,424 (4,969,841) 13,921,048 56,426,631 Write-offs - - (18,747,641) (18,747,641) Loans and advances to customers in December 31, 2018 339,535,096 37,105,249 34,852,310 411,492,655
Reconciliation of expected losses from loans and advances to clients	Reconciliation of expected losses from loans and advances to clients R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss on January 1, 2018 6,221,935 6,898,383 17,764,723 30,885,041 Transferred to Stage 1 - (462,869) (119,825) (582,694) Transferred to Stage 2 (275,265) - (100,420) (375,685) Transferred to Stage 3 (301,168) (1,211,992) - (1,513,160) Out of Stage 1 - 275,265 301,168 576,433 Out of Stage 2 462,869 - 1,211,993 1,674,862 Out of Stage 3 119,825 100,420 - 220,245 Constitution/(Reversion) 1,799,929 (1,219,485) 21,658,626 22,239,070 Write-offs - - (18,747,641) (18,747,641) Expected loss on December 31, 2018 8,028,125 4,379,722 21,968,624 34,376,471 (1) Consider expected losses on loans, commitments to be released and financial guarantees provided.
Allowance for loans and advances to customers	R$ thousand 2017 Balance on December 31, 2016 24,780,839 Impairment of loans and advances 16,860,835 Recovery of credits charged-off as losses 7,034,857 Write-offs (21,620,965) Balance on December 31, 2017 (1) 27,055,566 (1) Does not include the effects of the initial adoption of IFRS 9, in the amount of R$3,829,475 thousand.
ALL expense with expected net loss of recoveries	ALL expense with expected net loss of recoveries Years ended December 31 - R$ thousand 2018 2017 Amount recorded 22,239,070 23,895,692 Amount recovered (7,147,095) (7,034,857) Allowance for Loan Losses expense net of amounts recovered 15,091,975 16,860,835

Bonds and securities at amort_2

Bonds and securities at amortized cost (Tables)	12 Months Ended
	Dec. 31, 2018
Bonds and securities at amortized cost (Tables) [Abstract]
Bonds and securities at amortized	28. Bonds and securities at amortized cost R$ thousand Amortized cost Gross unrealized gains (2) Gross unrealized losses (2) Fair value Securities: Brazilian government securities 82,661,682 7,677,826 (1,681) 90,337,827 Corporate debt securities 57,943,056 598,676 (1,955,900) 56,585,832 Balance on December 31, 2018 (1) 140,604,738 8,276,502 (1,957,581) 146,923,659
Maturity	Maturity R$ thousand On December 31, 2018 Amortized cost Fair value Due within one year 4,257,886 4,213,891 From 1 to 5 years 91,922,854 94,608,001 From 5 to 10 years 16,437,110 16,307,290 Over 10 years 27,986,888 31,794,477 Total 140,604,738 146,923,659
Reconciliation of expected losses of financial assets at amortized cost	Reconciliation of expected losses of financial assets at amortized cost R$ thousand Stage 1 Stage 2 Stage 3 Total (1) Expected loss of financial assets at amortized cost on January 1, 2018 91,223 505,955 1,467,942 2,065,120 Transferred to Stage 1 - (1,372) (49,146) (50,518) Transferred to Stage 2 (39,578) - (114,523) (154,101) Transferred to Stage 3 - (30,374) - (30,374) Out of Stage 1 - 39,578 - 39,578 Out of Stage 2 1,372 - 30,374 31,746 Out of Stage 3 49,146 114,523 - 163,669 Assets constitued/reversed 76,044 160,711 720,164 956,919 Expected loss of financial assets at amortized cost on December 31, 2018 178,207 789,021 2,054,811 3,022,039 (1) The expected loss balance is recorded as "Expected Loss on Other Financial Assets" in the Consolidated Statement of Income.

Investments held to maturity (T

Investments held to maturity (Tables)	12 Months Ended
	Dec. 31, 2018
Investments held to maturity (Tables) [Abstract]
Investments held to maturity	29. Investments held to maturity R$ thousand Amortized cost Gross unrealized gains Gross unrealized losses Fair value Securities: Brazilian government securities 26,738,940 2,442,844 (6,489) 29,175,295 Corporate debt securities 12,259,564 126,092 (421,874) 11,963,782 Brazilian sovereign bonds 7,614 - (420) 7,194 Balance on December 31, 2017 39,006,118 2,568,936 (428,783) 41,146,271
Maturity	Maturity R$ thousand On December 31, 2017 Amortized cost Fair value Due within one year 29,412 28,998 From 1 to 5 years 10,284,940 11,070,179 From 5 to 10 years 1,933,866 1,840,428 Over 10 years 26,757,900 28,206,666 Total 39,006,118 41,146,271

Financial assets granted as c_2

Financial assets granted as collateral (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets granted as collateral (Tables) [Abstract]
Financial assets granted as collateral	30. Financial assets granted as collateral R$ thousand On December 31 2017 Held for trading 801,182 Brazilian government securities 801,182 Available for sale (1) 59,482,796 Brazilian government securities 53,039,884 Corporate debt securities 825,287 Bank debt securities 4,904,070 Brazilian sovereign bonds 713,555 Loans and advances to banks 123,691,195 Interbank investments (2) 123,691,195 Total 183,975,173 (1) In 2017, it included unrealized gains in the amount of R$3,246,351 thousand and unrealized losses in the amount of R$557,974 thousand; and (2) Refers to reverse repurchase agreements in which the underlying security has subsequently been sold in a separate repurchase agreement.

Non-current assets held for s_2

Non-current assets held for sale (Tables)	12 Months Ended
	Dec. 31, 2018
Non-current assets held for sale (Tables) [Abstract]
Non-current assets held for sale	31. Non-current assets held for sale R$ thousand On December 31 2018 2017 Assets not for own use Real estate 1,120,434 1,250,380 Vehicles and similar 231,105 262,774 Machinery and equipment 585 2,037 Other 1,206 5,782 Total 1,353,330 1,520,973

Investments in associates and_2

Investments in associates and joint ventures (Tables)	12 Months Ended
	Dec. 31, 2018
Investments in associates and joint ventures (Tables) [Abstract]
Breakdown of investments in associates and joint ventures	a) Breakdown of investments in associates and joint ventures Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,679,589 1,011,125 65,967,300 16,595,791 56,802,838 10,890,157 1,883,033 3,341,909 IRB - Brasil Resseguros S.A. (3) (4) 15.23% 15.23% 606,161 174,277 10,265,219 5,417,377 10,845,420 873,938 7,036,160 1,139,542 Fleury S.A. (3) (5) 16.28% 16.28% 699,927 38,805 1,510,304 2,482,580 640,899 1,570,942 2,642,751 238,558 Aquarius Participações S.A. (6) 49.00% 49.00% 43,030 130,769 19,096 86,626 17,907 - - 266,876 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 100,597 602 2,587,712 1,503,374 2,210,690 1,880,396 6,362,896 3,010 Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 127,677 8,895 230,503 100,052 22,207 3,258 174,816 21,254 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) 49.00% 49.00% 52,571 6,689 305,278 30,249 207,894 - 9,601 13,651 Tecnologia Bancária S.A. (3) 24.32% 24.32% 115,433 (8,492) 471,119 1,488,542 511,883 1,035,574 2,225,362 (34,918) Swiss Re Corporate Solutions Brasil (3) (8) 40.00% 40.00% 345,036 (10,998) 2,110,050 1,479,827 2,509,280 246,060 973,422 (27,494) Gestora de Inteligência de Crédito S.A. (3) 20.00% 20.00% 59,098 (6,466) 165,299 173,083 42,894 - 13,726 (32,330) Other (3) - - 35,083 33,788 - - - - - - Total investments in associates 6,864,202 1,378,994 83,631,880 29,357,501 73,811,912 16,500,325 21,321,767 4,930,058 Elo Participações S.A. (9) 50.01% 50.01% 1,191,343 288,938 718,623 1,981,596 170,683 8,220 28,938 573,968 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 70,254 12,473 330,042 66,980 161,458 - 136,193 24,946 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% - (30) 2,284 1,696 4,112 - 154 (60) Total investments in joint ventures 1,261,597 301,381 1,050,949 2,050,272 336,253 8,220 165,285 598,854 Total on December 31, 2018 8,125,799 1,680,375 84,682,829 31,407,773 74,148,165 16,508,545 21,487,052 5,528,912 Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,832,660 1,219,202 76,403,596 13,151,540 71,020,292 6,833,491 2,561,394 4,056,077 IRB - Brasil Resseguros S.A. (3) (4) 15.23% 15.23% 543,025 182,432 8,512,491 6,124,173 10,138,711 947,514 3,550,438 1,197,846 Fleury S.A. (3) (5) 16.28% 16.28% 692,380 46,791 1,389,026 2,224,500 615,510 1,263,331 2,609,717 287,414 Aquarius Participações S.A. 49.00% 49.00% 263,630 116,070 242,617 532,707 237,305 - 38 236,878 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 105,649 (22,637) 3,588,848 1,283,453 3,565,394 726,468 5,432,770 (113,185) Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 118,781 16,530 285,871 118,394 33,305 8,320 61,185 39,498 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) (8) 49.00% 49.00% 46,039 4,108 221,809 28,788 141,520 - 1,270 8,384 Tecnologia Bancária S.A. (3) 24.32% 24.32% 108,752 10,209 242,480 75,702 590,872 496,090 2,534,235 41,973 Swiss Re Corporate Solutions Brasil (3) 40.00% 40.00% 463,400 (26,437) 2,178,209 1,511,924 2,411,600 437,278 490,079 (66,093) Gestora de Inteligência de Crédito S.A. (3) 20.00% 20.00% 29,513 (4,642) 118,961 43,253 18,594 - - (23,210) Other (3) - - 7,129 2,361 - - - - - - Total investments in associates 7,210,958 1,543,987 93,183,908 25,094,434 88,773,103 10,712,492 17,241,126 5,665,582 Elo Participações S.A. 50.01% 50.01% 978,195 162,070 420,804 1,776,837 96,763 3,967 18,708 324,075 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 68,231 12,393 339,236 119,406 324,764 - 161,107 24,786 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% - (39) 2,198 1,612 2 3,881 227 (78) Total investments in joint ventures 1,046,426 174,424 762,238 1,897,855 421,529 7,848 180,042 348,783 Total on December 31, 2017 8,257,384 1,718,411 93,946,146 26,992,289 89,194,631 10,720,340 17,421,168 6,014,365 Companies R$ thousand Equity interest Shareholding interest with voting rights Investment book value Equity in net income (loss) Associates and joint ventures current assets Associates and joint ventures non - current assets Associates and joint ventures current liabilities Associates and joint ventures non - current liabilities Revenue (1) Associates and joint ventures net income (loss) for the year Cielo S.A. (2) 30.06% 30.06% 4,108,743 1,204,520 13,699,378 10,654,621 15,004,712 - 392,167 4,007,233 IRB - Brasil Resseguros S.A. (3) (4) 20.51% 20.51% 662,460 132,668 8,484,793 5,828,133 10,238,221 844,876 3,185 646,823 Fleury S.A. (3) (5) 16.39% 16.39% 651,906 17,506 1,343,162 2,021,981 429,411 1,166,607 2,045,898 106,829 Aquarius Participações S.A. (6) 49.00% 49.00% 263,632 73,640 150,233 538,267 150,474 - - 150,286 Haitong Banco de Investimento do Brasil S.A. 20.00% 20.00% 127,922 1,596 8,187,596 493,325 8,041,309 - 4,243,442 7,980 Cia. Brasileira de Gestão e Serviços S.A. 41.85% 41.85% 102,251 18,517 247,475 109,390 44,890 - 22,642 44,246 Tecnologia Bancária S.A. (3) 24.32% 24.32% 98,543 71,232 193,546 1,117,398 499,341 406,459 686,800 292,862 NCR Brasil Indústria de Equipamentos para Automação S.A. (3) 49.00% 49.00% 73,789 (7,024) 171,823 27,780 111,755 - 330,985 (14,335) Empresa Brasileira de Solda Elétrica S.A. (3) (8) 0.00% 0.00% - 3,168 - - - - - - Total investments in associates 6,089,246 1,515,823 32,478,006 20,790,895 34,520,113 2,417,942 7,725,119 5,241,924 Elo Participações S.A. 50.01% 50.01% 849,355 198,457 352,179 1,596,527 107,627 - 18,879 396,835 Crediare S.A. - Crédito, Financiamento e Investimento 50.00% 50.00% 64,174 8,721 443,978 3,883 317,298 - 164,026 17,442 MPO - Processadora de Pagamentos Móveis S.A. 50.00% 50.00% 3 (49) 3,538 - 3,532 - 256 (98) Leader S.A. Adm. de Cartões de Crédito (3) (7) 0.00% 0.00% - (23,227) - - - - - Total investments in joint ventures 913,532 183,902 799,695 1,600,410 428,457 - 183,161 414,179 Total on December 31, 2016 7,002,778 1,699,725 33,277,701 22,391,305 34,948,570 2,417,942 7,908,280 5,656,103 (1) Revenues from financial intermediation or services; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2018, the Organization received R$1,204,069 thousand of dividends and interest on capital of this investment. In its financial statements, Cielo S.A. presented R$6,948 thousand of other comprehensive income; (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (4) Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) In 2018, occurred the partial spin-off and consolidation of Fidelity Processadora S.A., controlled by Aquarius Participações S.A.; (7) In April 2016, it was consolidated after acquisition of 50% of the company; (8) In 2018, impairment losses were recorded in "associates and jointly controlled entities" in the amount of R$107,000 thousand. In 2017, it was recorded, in the amount of R$31,868 thousand, on the investment in NCR Brasil S.A. (In 2016, R$37,122 thousand on the investment in EBSE - Empresa Brasileira de Solda Elétrica S.A.); and (9) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2018, the Organization received R$38,278 thousand of dividends from this investment. In its financial statements, Elo Participações S.A. presented R$44 thousand of other comprehensive income.
Changes in associates	b) Changes in associates R$ thousand 2018 2017 Initial balances 8,257,384 7,002,778 Acquisitions (1) 54,019 524,155 Spin-off of associates (2) (1,175) (170,006) Transfer (3) (338,315) 5,953 Equity in net income of associates 1,680,375 1,718,411 Dividends/Interest on capital (1,385,537) (802,662) Impairment (4) (107,000) (31,868) Other (33,952) 10,623 At the end of the year 8,125,799 8,257,384

Property and equipment (Tables)

Property and equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property and equipment (Tables) [Abstract]
Composition of property and equipment by class	a) Composition of property and equipment by class R$ thousand Annual depreciation rate Cost Accumulated depreciation Net Buildings 4% 2,611,299 (480,093) 2,131,206 Land - 976,869 - 976,869 Installations, properties and equipment for use 10% 6,324,483 (3,161,651) 3,162,832 Security and communication systems 10% 379,099 (236,293) 142,806 Data processing systems 20% 4,231,789 (2,677,882) 1,553,907 Transportation systems 20% 92,403 (60,760) 31,643 Financial leases of data processing systems 20% 3,474,958 (2,647,385) 827,573 Balance on December 31, 2018 18,090,900 (9,264,064) 8,826,836 Buildings 4% 2,153,407 (483,266) 1,670,141 Land - 982,720 - 982,720 Installations, properties and equipment for use 10% 5,450,939 (2,667,455) 2,783,484 Security and communication systems 10% 349,228 (213,879) 135,349 Data processing systems 20% 3,950,625 (2,329,028) 1,621,597 Transportation systems 20% 86,705 (48,246) 38,459 Financial leases of data processing systems 20% 3,431,868 (2,231,143) 1,200,725 Balance on December 31, 2017 16,405,492 (7,973,017) 8,432,475
Change in property and equipment by class	b) Change in property and equipment by class R$ thousand Buildings Land Installations, properties and equipment for use Security and communications systems Data processing systems (1) Transportation systems Total Balance on December 31, 2017 1,670,141 982,720 2,783,484 135,349 2,822,322 38,459 8,432,475 Additions 766,074 143,103 1,045,155 39,005 390,398 5,698 2,389,433 Write-offs (12,168) (278,602) (160,587) (6,141) (1,924) - (459,422) Impairment (60,371) - - (653) (30,670) - (91,694) Depreciation (111,274) - (512,825) (24,754) (798,646) (12,514) (1,460,013) Transfer (121,196) 129,648 - - - - 8,452 Balance from an acquired institution - - 7,605 - - - 7,605 Balance on December 31, 2018 2,131,206 976,869 3,162,832 142,806 2,381,480 31,643 8,826,836 Balance on December 31, 2016 1,698,925 1,027,535 2,872,445 132,861 2,618,745 46,605 8,397,116 Additions 117,888 41,777 754,606 31,134 947,314 4,926 1,897,645 Write-offs (53,151) (86,592) (323,217) (2,540) (86,469) (100) (552,069) Impairment (73,568) - (502) (1,836) (3,288) - (79,194) Depreciation (28,840) - (521,663) (24,270) (649,583) (12,972) (1,237,328) Transfer 8,887 - 1,815 - (4,397) - 6,305 Balance on December 31, 2017 1,670,141 982,720 2,783,484 135,349 2,822,322 38,459 8,432,475

Intangible assets and goodwill

Intangible assets and goodwill (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible assets and goodwill (Tables) [Abstract]
Change in intangible assets and goodwill by class	a) Change in intangible assets and goodwill by class R$ thousand Goodwill Intangible Assets Acquisition of financial service rights (1) Software (1) Customer portfolio (1) Other (1) Total Balance on December 31, 2017 4,945,313 4,051,898 3,790,418 3,358,689 32,989 16,179,307 Additions/(reductions) 630,755 1,859,905 1,198,396 - (5,146) 3,683,910 Impairment (2) - (162) (386,265) - - (386,427) Amortization - (1,116,505) (1,361,269) (864,686) (5,782) (3,348,242) Balance on December 31, 2018 5,576,068 4,795,136 3,241,280 2,494,003 22,061 16,128,548 Balance on December 31, 2016 4,945,313 2,503,457 3,945,244 4,358,923 44,589 15,797,526 Additions/(reductions) - 2,549,335 1,203,313 - (8,944) 3,743,704 Impairment (2) - - (30,683) - - (30,683) Amortization - (1,000,894) (1,327,456) (1,000,234) (2,656) (3,331,240) Balance on December 31, 2017 4,945,313 4,051,898 3,790,418 3,358,689 32,989 16,179,307
Composition of goodwill by segment	b) Composition of goodwill by segment R$ thousand On December 31 2018 2017 Banking 5,083,686 4,651,347 Insurance 492,382 293,966 Total 5,576,068 4,945,313

Other assets (Tables)

Other assets (Tables)	12 Months Ended
	Dec. 31, 2018
Other assets (Tables) [Abstract]
Other assets	35. Other assets R$ thousand On December 31 2018 2017 Financial assets (4) (5) 43,893,309 41,719,483 Foreign exchange transactions (1) 20,179,828 17,279,327 Debtors for guarantee deposits (2) 18,729,321 17,840,698 Securities trading 2,582,663 1,741,524 Trade and credit receivables 664,274 3,016,225 Receivables 1,737,223 1,841,709 Other assets 7,372,866 9,134,504 Deferred acquisition cost (insurance) - Note 40f 925,884 1,070,108 Other debtors 2,728,746 3,736,743 Prepaid expenses 741,087 1,244,602 Interbank and interdepartmental accounts 1,427,359 1,480,291 Other (3) 1,549,790 1,602,760 Total 51,266,175 50,853,987 (1) Mainly refers to purchases in foreign currency made by the institution on behalf of customers and rights in the institution's domestic currency, resulting from exchange sale operations; (2) Refers to deposits resulting from legal or contractual requirements, including guarantees provided in cash, such as those made for the filing of appeals in departments or courts and those made to guarantee services of any nature; (3) Includes basically trade and credit receivables, material supplies, other advances and payments to be reimbursed; (4) Financial assets are recorded at amortized cost; and (5) In 2018, there were no losses for impairment of other financial assets.

Deposits from banks (Tables)

Deposits from banks (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits from banks (Tables) [Abstract]
Composition by nature	Composition by nature R$ thousand On December 31 2018 2017 Demand deposits 1,139,729 1,030,292 Interbank deposits 410,975 2,168,625 Securities sold under agreements to repurchase 190,911,877 233,467,544 Borrowings 29,681,340 18,521,713 Onlending 25,170,058 30,769,294 Total 247,313,979 285,957,468

Deposits from customers (Tables

Deposits from customers (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits from customers (Tables) [Abstract]
Composition by nature	Composition by nature R$ thousand On December 31 2018 2017 Demand deposits 34,178,563 33,058,324 Savings deposits 111,170,912 103,332,697 Time deposits 195,398,721 125,617,424 Total 340,748,196 262,008,445

Funds from securities issued (T

Funds from securities issued (Tables)	12 Months Ended
	Dec. 31, 2018
Funds from securities issued (Tables) [Abstract]
Composition by type of security issued and location	a) Composition by type of security issued and location R$ thousand On December 31 2018 2017 Instruments Issued - Brazil: Real estate credit notes 25,381,719 27,020,911 Agribusiness notes 13,108,595 10,973,682 Financial bills 104,005,236 93,570,141 Letters of credit property guaranteed (1) 476,332 - Subtotal 142,971,882 131,564,734 Securities - Overseas: Euronotes (2) 1,270,409 634,549 Securities issued through securitization - (item (b)) 3,130,111 2,606,322 Subtotal 4,400,520 3,240,871 Structured Operations Certificates 656,616 368,485 Total 148,029,018 135,174,090
Funding from issuance of securities	We show below the amounts of the securities issued by the SPE, which appear in the “Funding from issuance of securities” line item: R$ thousand Date of Issue Nominal amount Maturity On December 31 2018 2017 Securitization of the future flow of payment orders received from abroad 19.12.2008 1,168,500 20.02.2019 84 348,524 17.12.2009 89,115 20.02.2020 29,635 49,594 16.11.2011 88,860 20.11.2018 - 26,068 16.11.2011 133,290 22.11.2021 124,949 139,678 23.12.2015 390,480 21.11.2022 318,115 330,311 23.12.2015 390,480 20.11.2020 246,995 318,934 02.02.2016 889,725 22.02.2021 713,740 871,260 30.03.2016 533,835 22.02.2021 423,304 521,953 12.05.2018 1,121,100 22.02.2021 1,273,289 - Total 4,805,385 3,130,111 2,606,322
Net financial activity in the issuance of securities	c) Net financial activity in the issuance of securities R$ thousand 2018 2017 Opening balance on December 31 135,174,090 151,101,938 Issuance 85,963,195 62,237,380 Interest 9,054,699 13,262,613 Settlement and interest payments (82,973,990) (91,324,496) Exchange variation and others 811,024 (103,345) Closing balance on December 31 148,029,018 135,174,090

Subordinated debt (Tables)

Subordinated debt (Tables)	12 Months Ended
	Dec. 31, 2018
Subordinated debt (Tables) [Abstract]
Composition of subordinated debt	a) Composition of subordinated debt Maturity On December 31 - R$ thousand Original term in years Nominal amount 2018 2017 In Brazil: Subordinated CDB: 2019 10 20,000 69,851 62,303 Financial bills: 2018 (1) 6 - - 10,130,108 2019 6 21,858 39,261 36,139 2018 (1) 7 - - 316,757 2019 7 3,172,835 3,490,180 3,436,734 2020 7 1,700 3,038 2,801 2022 7 4,305,011 6,010,103 5,597,559 2023 7 1,359,452 1,829,083 1,699,872 2024 7 67,450 80,479 73,861 2025 (2) 7 5,425,906 5,578,707 - 2018 (1) 8 - - 119,417 2019 8 12,735 31,742 28,184 2020 8 28,556 59,398 54,383 2021 8 1,236 2,192 2,027 2023 8 1,706,846 2,464,978 2,265,488 2024 8 136,695 172,590 159,205 2025 8 6,193,653 6,427,806 6,624,611 2026 (2) 8 870,300 894,417 - 2021 9 7,000 14,064 13,125 2024 9 4,924 7,444 6,611 2025 9 400,944 491,031 457,679 2027 (2) 9 144,900 149,211 - 2021 10 19,200 44,962 40,429 2022 10 54,143 108,467 99,338 2023 10 688,064 1,146,189 1,070,085 2025 10 284,137 451,136 392,376 2026 10 361,196 480,443 438,776 2027 10 258,743 295,946 273,498 2028 (2) 10 248,300 257,524 - 2026 11 3,400 4,622 4,271 2027 11 47,046 58,346 53,996 2028 11 74,764 84,304 77,079 Perpetual (2) 9,201,200 9,254,743 5,004,967 Subtotal in Brazil 40,002,257 38,541,679 Overseas: 2019 10 1,333,575 2,953,103 2,520,963 2021 11 2,766,650 6,355,614 3,697,115 2022 11 1,886,720 4,332,470 5,419,644 Subtotal overseas 13,641,187 11,637,722 Total 53,643,444 50,179,401 (1) Subordinated debt transactions that matured in 2018; and (2) Issuance of subordinated financial letters, under the heading “Subordinated debt”.
Net movement of subordinated debt	b) Net movement of subordinated debt R$ thousand 2018 2017 Opening balance on December 31 50,179,401 52,611,064 Issuance 10,890,606 6,594,610 Interest 3,517,067 5,100,017 Settlement and interest payments (12,941,124) (14,301,613) Exchange variation 1,997,494 175,323 Closing balance on December 31 53,643,444 50,179,401

Insurance technical provision_2

Insurance technical provisions and pension plans (Tables)	12 Months Ended
	Dec. 31, 2018
Insurance technical provisions and pension plans (Tables) [Abstract]
Technical provisions by account	a) Technical provisions by account R$ thousand Insurance (1) Life and Pension (2)(3) Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Current and long-term liabilities Mathematical reserve for unvested benefits 1,218,860 1,051,507 217,884,791 207,818,859 219,103,651 208,870,366 Mathematical reserve for vested benefits 343,852 265,727 8,489,312 9,367,712 8,833,164 9,633,439 Reserve for claims incurred but not reported (IBNR) 3,401,781 3,159,967 931,154 1,030,107 4,332,935 4,190,074 Unearned premium reserve 4,283,281 4,068,716 647,709 567,369 4,930,990 4,636,085 Reserve for unsettled claims 4,472,929 4,291,432 1,345,596 1,588,489 5,818,525 5,879,921 Reserve for financial surplus - - 549,135 514,199 549,135 514,199 Other technical provisions 2,186,799 1,996,206 5,823,088 3,369,300 8,009,887 5,365,506 Total reserves 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590 (1) “Other technical provisions” - Insurance includes the Provision for Insufficient Premiums (PIP) of R$ 2,133,130 thousand and the Reserve for Related Expenses of R$ 37,577 thousand; (2) The "Other technical provisions" line of Life and Pension Plan includes "Provision for redemptions and other amounts to be settled" in the amount of R$2,248,238 thousand, "Provision for related expenses" in the amount of R$520,613 thousand, “Complementary Reserve for Coverage (PCC)” in the amount of R$1,010,035 thousand and" Other technical provisions", which includes the transfer of R$2,007,136 thousand of the mathematical provisions of benefits to be granted and benefits granted, subject to authorization by SUSEP; and (3) Includes the unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE) in the amount of R$ 158,535 thousand.
Technical provisions by product	b) Technical provisions by product R$ thousand Insurance Life and pension plans (1) Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Health 10,391,680 9,754,024 - - 10,391,680 9,754,024 Auto / Liability Insurance 3,209,143 3,156,847 - - 3,209,143 3,156,847 DPVAT (Personal Injury Caused by Automotive Vehicles) 601,114 506,161 2,756 3,100 603,870 509,261 Life 310,829 - 10,964,900 10,018,884 11,275,729 10,018,884 RE (Elementary branch) 1,394,736 1,416,523 - - 1,394,736 1,416,523 Free Benefits Generating Plan - PGBL - - 36,188,888 35,087,618 36,188,888 35,087,618 Free Benefits Generating Life - VGBL - - 166,104,340 158,746,205 166,104,340 158,746,205 Traditional plans - - 22,409,901 20,400,228 22,409,901 20,400,228 Total technical provisions 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590
Technical provisions by aggregated products	c) Technical provisions by aggregated products R$ thousand On December 31 2018 2017 Insurance - Vehicle, Elementary Lines, Life and Health 26,875,158 24,855,539 Insurance and Pensions - Life with Survival Coverage (VGBL) 166,104,340 158,746,205 Pensions - PGBL and Traditional Plans 49,527,947 47,623,322 Pensions - Risk Traditional Plans 9,070,842 7,864,524 Total 251,578,287 239,089,590
Insurance - Vehicle, General, Life, Health and Pension	(i) Insurance - Vehicle, General, Life, Health and Pension R$ thousand Years ended December 31 2018 2017 At the beginning of the year 32,720,063 31,611,733 (-) DPVAT insurance (508,098) (473,579) Subtotal at beginning of the year 32,211,965 31,138,154 Additions, net of reversals 30,230,289 28,542,623 Payment of claims, benefits and redemptions (28,735,539) (27,156,197) Adjustment for inflation and interest 1,636,443 648,898 Partial spin-off of large risk portfolio - (961,513) Subtotal at end of the period 35,343,158 32,211,965 (+) DPVAT insurance 602,842 508,098 At the end of the year 35,946,000 32,720,063
Insurance - Life with Survival Coverage (VGBL)	(ii) Insurance - Life with Survival Coverage (VGBL) R$ thousand Years ended December 31 2018 2017 At the beginning of the year 158,746,205 138,670,739 Receipt of premiums net of fees 23,715,609 28,577,437 Payment of benefits (30,563) (28,758) Payment of redemptions (21,008,985) (18,985,242) Adjustment for inflation and interest 8,017,088 13,468,401 Others (3,335,014) (2,956,372) At the end of the year 166,104,340 158,746,205
Pensions - PGBL and Traditional Plans	(iii) Pensions - PGBL and Traditional Plans R$ thousand Years ended December 31 2018 2017 At the beginning of the year 47,623,322 45,557,528 Receipt of premiums net of fees 2,683,007 3,446,148 Payment of benefits (858,454) (759,949) Payment of redemptions (2,615,186) (2,962,505) Adjustment for inflation and interest 3,232,938 3,656,452 Others (537,680) (1,314,352) At the end of the year 49,527,947 47,623,322
Guarantees for the technical provisions	e) Guarantees for the technical provisions R$ thousand Insurance Life and pension plans Total On December 31 On December 31 On December 31 2018 2017 2018 2017 2018 2017 Total technical provisions 15,907,502 14,833,555 235,670,785 224,256,035 251,578,287 239,089,590 (-) Commercialization surcharge - extended warranty (54,183) (138,780) - - (54,183) (138,780) (-) Portion corresponding to contracted reinsurance (125,032) (153,137) (9,859) (14,123) (134,891) (167,260) (-) Receivables (1,043,400) (925,999) - - (1,043,400) (925,999) (-) Unearned premium reserve - Health and dental insurance (1) (1,381,574) (1,268,243) - - (1,381,574) (1,268,243) (-) Reserves from DPVAT agreements (597,398) (502,491) - - (597,398) (502,491) To be insured 12,705,915 11,844,905 235,660,926 224,241,912 248,366,841 236,086,817 Investment fund quotas (VGBL and PGBL) (2) - - 198,748,039 190,639,798 198,748,039 190,639,798 Investment fund quotas (excluding VGBL and PGBL) 5,155,446 5,076,006 23,230,004 21,639,087 28,385,450 26,715,093 Government securities 10,164,283 9,011,657 19,534,894 18,608,194 29,699,177 27,619,851 Private securities 15,378 18,203 151,681 164,338 167,059 182,541 Shares 2,935 3,227 1,238,716 1,716,401 1,241,651 1,719,628 Total technical provision guarantees 15,338,042 14,109,093 242,903,334 232,767,818 258,241,376 246,876,911
Changes in deferred acquisition cost (insurance assets)	f) Changes in deferred acquisition cost (insurance assets) R$ thousand Years ended December 31 2018 2017 At the beginning of the year 1,070,108 1,750,244 Additions 1,324,815 1,586,888 Reversals (1,469,039) (2,250,844) Sale of large risk portfolio - (16,180) At the end of the year 925,884 1,070,108
Changes in reinsurance assets	g) Changes in reinsurance assets R$ thousand Years ended December 31 2018 2017 At the beginning of the year 219,214 1,186,194 Additions 245,957 186,867 Reversals (239,049) (139,641) Recovered insurance losses (37,369) (259,433) Reversal/Monetary update (4,892) (411) Other (1) (7,537) (754,362) At the end of the year 176,324 219,214 (1) In 2017, includes sale of the large risk portfolio.
Insurance, Vehicle/RCF and Elementary Lines - Claims, gross reinsurance	Insurance, Vehicle/RCF and Elementary Lines - Claims, gross reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for the claims: · In the year after notification 1,288,259 2,219,991 2,592,573 2,859,480 3,348,274 3,224,788 3,937,126 4,428,926 4,109,825 3,749,457 3,448,593 - · One year after notification 1,247,008 2,193,645 2,562,789 2,824,610 3,240,688 3,041,662 3,663,951 4,277,245 3,912,436 3,740,543 - - · Two years after notification 1,230,236 2,179,949 2,561,264 2,809,879 3,233,150 3,009,371 3,671,822 4,232,474 3,923,389 - - - · Three years after notification 1,238,534 2,179,419 2,577,663 2,812,812 3,256,062 3,044,232 3,655,382 4,260,118 - - - - · Four years after notification 1,247,341 2,210,909 2,595,369 2,811,587 3,292,376 3,034,096 3,669,868 - - - - - · Five years after notification 1,248,036 2,209,826 2,607,212 2,840,368 3,113,580 3,049,171 - - - - - - · Six years after notification 1,274,168 2,222,800 2,611,105 2,837,693 3,128,386 - - - - - - - · Seven years after notification 1,290,615 2,240,171 2,599,521 2,850,912 - - - - - - - - · Eight years after notification 1,307,505 2,228,954 2,608,176 - - - - - - - - - · Nine years after notification 1,299,124 2,234,024 - - - - - - - - - - · Ten years after notification 1,296,266 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 1,296,266 2,234,024 2,608,176 2,850,912 3,128,386 3,049,171 3,669,868 4,260,118 3,923,389 3,740,543 3,448,593 34,209,446 Payments of claims (1,180,848) (2,216,199) (2,580,422) (2,812,101) (3,076,245) (2,992,353) (3,593,585) (4,155,367) (3,806,909) (3,599,748) (2,718,950) (32,732,727) Outstanding Claims 115,418 17,825 27,754 38,811 52,141 56,818 76,283 104,751 116,480 140,795 729,643 1,476,719
Insurance, Vehicle/RCF and Elementary Lines - Claims, net reinsurance	Insurance, Vehicle/RCF and Elementary Lines - Claims, net reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for net claims for reinsurance: · In the year after notification 994,132 1,954,928 2,439,011 2,653,641 3,022,457 3,021,084 3,761,029 4,074,519 3,960,519 3,710,845 3,410,760 - · One year after notification 986,525 1,933,104 2,404,646 2,617,957 2,908,173 2,849,909 3,527,585 3,954,939 3,796,535 3,702,199 - - · Two years after notification 979,044 1,931,327 2,406,805 2,609,034 2,915,173 2,832,016 3,539,989 3,900,981 3,803,980 - - - · Three years after notification 990,037 1,936,905 2,426,310 2,629,288 2,927,529 2,874,862 3,526,769 3,921,156 - - - - · Four years after notification 996,755 1,960,500 2,445,507 2,639,629 2,957,403 2,868,888 3,539,721 - - - - - · Five years after notification 1,004,225 1,966,313 2,460,692 2,670,472 2,963,901 2,884,539 - - - - - - · Six years after notification 1,017,179 1,980,991 2,472,476 2,673,132 2,978,029 - - - - - - - · Seven years after notification 1,025,547 1,994,592 2,471,407 2,686,379 - - - - - - - - · Eight years after notification 1,035,528 1,990,902 2,479,351 - - - - - - - - - · Nine years after notification 1,038,489 1,994,494 - - - - - - - - - - · Ten years after notification 1,090,755 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 1,090,755 1,994,494 2,479,351 2,686,379 2,978,029 2,884,539 3,539,721 3,921,156 3,803,980 3,702,199 3,410,760 32,491,363 Payments of claims (1,037,194) (1,978,504) (2,454,468) (2,647,785) (2,926,963) (2,828,093) (3,465,828) (3,820,923) (3,691,990) (3,562,902) (2,698,387) (31,113,037) Liquid outstanding claims for reinsurance 53,561 15,990 24,883 38,594 51,066 56,446 73,893 100,233 111,990 139,297 712,373 1,378,326
Life - Insurance claims, net reinsurance	Life - Insurance claims, net reinsurance (1) R$ thousand Year claims were notified Up to 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Amount estimated for net claims for reinsurance: · In the year after notification 852,110 901,321 1,007,851 1,191,045 1,235,104 1,305,822 1,330,460 1,415,524 1,493,336 1,537,474 1,438,028 - · One year after notification 861,992 926,499 1,015,094 1,188,264 1,226,271 1,298,610 1,373,160 1,425,789 1,491,439 1,487,961 - - · Two years after notification 878,363 943,781 1,021,283 1,188,774 1,236,289 1,326,512 1,368,575 1,403,515 1,468,731 - - - · Three years after notification 874,269 937,472 1,011,228 1,197,624 1,236,075 1,309,876 1,277,276 1,323,435 - - - - · Four years after notification 872,339 944,170 1,022,136 1,195,079 1,234,363 1,296,147 1,242,937 - - - - - · Five years after notification 870,461 954,487 1,019,647 1,201,083 1,233,898 1,304,644 - - - - - - · Six years after notification 871,248 951,993 1,017,766 1,200,703 1,239,976 - - - - - - - · Seven years after notification 872,001 944,581 1,009,936 1,209,690 - - - - - - - - · Eight years after notification 875,280 944,664 1,017,016 - - - - - - - - - · Nine years after notification 870,736 950,290 - - - - - - - - - - · Ten years after notification 940,357 - - - - - - - - - - - Estimate of claims on the reporting date (2018) 940,357 950,290 1,017,016 1,209,690 1,239,976 1,304,644 1,242,937 1,323,435 1,468,731 1,487,961 1,438,028 13,623,065 Payments of claims (874,391) (933,233) (983,539) (1,159,655) (1,194,341) (1,237,017) (1,124,959) (1,143,581) (1,296,273) (1,285,409) (1,047,827) (12,280,225) Liquid outstanding claims for reinsurance 65,966 17,057 33,477 50,035 45,635 67,627 117,978 179,854 172,458 202,552 390,201 1,342,840 (1) The “DPVAT” insurances were not considered in the claims development in the amount of R$71,212 thousand, "Retrocession" R$19,089 thousand, "Health and Dental" R$2,927,151 thousand, estimate of salvages and redresses in the amount of R$(155,016) thousand and incurred but not enough reported (IBNER) claims in the amount of R$136,529 thousand.

Supplemental pension plans (Tab

Supplemental pension plans (Tables)	12 Months Ended
	Dec. 31, 2018
Supplemental pension plans (Tables) [Abstract]
Supplemental pension plans	Bradesco took on the obligations of Kirton Bank S.A. - Banco Múltiplo with regard to Life Insurance, Health Insurance Plans, and Retirement Compensation for employees coming from Banco Bamerindus do Brasil S.A. Risk factors On December 31 2018 2017 Nominal discount rate 8.8% - 9.31% a.a. 8.5% - 10% p.a. Nominal rate of minimum expected return on assets 9.6% - 25.01% a.a. 7.01% - 25.16% a.a. Nominal rate of future salary increases 4.0% a.a. 4.3% p.a. Nominal growth rate of social security benefits and plans 4.0% a.a. 4.3% p.a. Initial rate of growth of medical costs 8.16% - 9.72% a.a. 10.51% a.a. Inflation rate 4.0% a.a. 4.3% p.a. Biometric table of overall mortality AT 2000 and BR-SEM AT 2000 and BR-SEM Biometric table of entering disability Per plan Per plan Expected turnover rate - - Probability of entering retirement 100% in the 1 st 100% in the 1 st
In addition to this benefit, Bradesco and its subsidiaries offer other benefits to their employees and administrators, including health insurance, dental care, life and personal accident insurance, and professional training	Considering the above assumptions, in accordance with IAS 19, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below: Years ended December 31 - R$ thousand Retirement Benefits Other post-employment benefits 2018 2017 2018 2017 (i) Projected benefit obligations: At the beginning of the year 2,323,338 2,141,393 563,079 498,591 Cost of current service 151 186 - 215 Interest cost 219,239 227,980 54,654 54,230 Participant's contribution 881 1,197 - - Actuarial gain/(loss) 179,851 144,624 87,962 39,303 Benefit paid (192,870) (192,042) (36,602) (29,260) At the end of the year 2,530,590 2,323,338 669,093 563,079 (ii) Plan assets at fair value: At the beginning of the year 2,375,529 2,127,872 - - Expected earnings 225,060 227,360 - - Actuarial gain/(loss) (61,063) 196,186 - - Contributions received: Employer 15,472 14,957 - - Employees 881 1,197 - - Benefit paid (192,870) (192,043) - - At the end of the year 2,363,009 2,375,529 - - (iii) Changes in the unrecoverable surplus At the beginning of the year 206,752 123,416 - - Interest on the irrecoverable surplus 20,327 13,730 - - Change in the unrecoverable surplus (173,054) 69,606 - - At the end of the year 54,025 206,752 - - (iv) Financed position: Plans in deficit 221,606 154,561 669,093 563,079 Net balance 221,606 154,561 669,093 563,079
The net cost/(benefit) of the pension plans	The net cost/(benefit) of the pension plans recognized in the consolidated statement of income includes the following components: R$ thousand Years ended December 31 2018 2017 2016 Projected benefit obligations: Cost of service 151 401 (906) Cost of interest on actuarial obligations 273,893 282,210 204,712 Expected earnings from the assets of the plan (225,060) (227,360) (174,937) Net cost/(benefit) of the pension plans 48,984 55,251 28,869
Maturity profile of the present value of the obligations of the benefit plans defined for the next years	Maturity profile of the present value of the obligations of the benefit plans defined for the next yea rs: On December 31, 2018 - R$ thousand Retirement Benefits Other post-employment benefits Weighted average duration (years) 9.86 15.00 2019 202,553 34,171 2020 208,484 35,379 2021 214,845 38,409 2022 220,785 41,560 2023 226,353 45,091 After 2023 1,209,851 278,367
The assets of pension plans	The assets of pension plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan's assets by category is as follows: On December 31 Assets of the Alvorada Plan Assets of the Bradesco Plan Assets of the Kirton Plan Assets of the Losango Plan 2018 2017 2018 2017 2018 2017 2018 2017 Asset categories Equities 7.9% 4.7% 17.7% 17.3% Fixed income 93.3% 92.7% 87.5% 90.6% 100.0% 100.0% 82.3% 82.7% Real estate 5.4% 5.7% 2.5% 2.6% Other 1.3% 1.6% 2.1% 2.1% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
The sensitivity analysis of the benefit plan obligations	Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (8.5% - 10.0% p.a.) assuming a 1 b.p. change in the discount rate: Rate Discount rate/Medical inflation rate Sensitivity Analysis Effect on actuarial liabilities Effect on the present value of the obligations Discount rate 9.80% - 10.31% Increase of 1 b.p. reduction (185,803) Discount rate 7.80% - 8.31% Decrease of 1 b.p. increase 491,193 Medical Inflation 9.16% - 10.72% Increase of 1 b.p. increase 74,081 Medical Inflation 7.16% - 8.72% Decrease of 1 b.p. reduction (62,077)

Provisions, Contingents Asset_2

Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Tables)	12 Months Ended
	Dec. 31, 2018
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Tables) [Abstract]
Changes in other provision	IV - Changes in other provision R$ thousand Labor Civil Tax (1) Balance on December 31, 2017 5,554,796 5,346,563 7,589,368 Adjustment for inflation 677,970 508,399 386,671 Provisions, net of reversals and write-offs 1,289,664 912,287 531,052 Payments (1,538,827) (1,152,887) (302,885) Balance on December 31, 2018 5,983,603 5,614,362 8,204,206 Balance on December 31, 2016 5,101,732 5,003,440 8,187,237 Adjustment for inflation 637,263 484,447 500,719 Provisions, net of reversals and write-offs 1,002,559 830,642 (984,342) Payments (1,186,758) (971,966) (114,246) Balance on December 31, 2017 5,554,796 5,346,563 7,589,368 (1) In 2017, there were reversals of provisions related to: (i) the PIS process, related to the remuneration of amounts unduly paid, in the amount of R$268,729 thousand; (ii) IRPJ/CSLL on credit losses, in the amount of R$408,730 thousand; and (iii) favorable decision in the process of social security contribution on the remuneration paid to accredited dentists (INSS of Autonomous), in the amount of R$348,820 thousand.

Other liabilities (Tables)

Other liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Other liabilities (Tables) [Abstract]
Other liabilities	43. Other liabilities R$ thousand On December 31 2018 2017 Financial liabilities 62,598,235 62,439,512 Credit card transactions (1) 22,887,885 26,163,066 Foreign exchange transactions (2) 19,801,468 17,085,029 Loan assignment obligations 8,058,619 8,454,076 Capitalization bonds 8,186,955 7,562,974 Securities trading 3,321,219 2,317,155 Liabilities for acquisition of assets - financial leases (Note 43a) 342,089 857,212 Other liabilities 34,157,435 35,377,312 Third party funds in transit (3) 7,135,635 7,211,038 Provision for payments 8,266,532 8,743,428 Sundry creditors 3,137,923 3,205,800 Social and statutory 4,966,975 4,524,457 Other taxes payable 1,757,283 1,466,306 Liabilities for acquisition of assets and rights 1,206,376 1,480,777 Other 7,686,711 8,745,506 Total 96,755,670 97,816,824 (1) Refers to amounts payable to merchants; (2) Mainly refers to the institution's sales in foreign currency to customers and its right's in domestic currency, resulting from exchange sale operations; and (3) Mainly refers to payment orders issued domestically and the amount of payment orders in foreign currency coming from overseas.
Composition by maturity of financial leases and details of operating leases	a) Composition by maturity of financial leases and details of operating leases R$ thousand On December 31 2018 2017 Due within one year 296,691 564,337 From 1 to 2 years 45,398 256,327 From 2 to 3 years - 36,548 Total 342,089 857,212

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity (Tables) [Abstract]
Composition of share capital in number of shares	The share capital, which is fully subscribed and paid, is divided into registered shares with no par value. On December 31 2018 2017 (1) Common 3,359,929,223 3,359,929,223 Preferred 3,359,928,872 3,359,928,872 Subtotal 6,719,858,095 6,719,858,095 Treasury (common shares) (5,535,803) (5,535,803) Treasury (preferred shares) (20,741,320) (20,741,320) Total outstanding shares 6,693,580,972 6,693,580,972
Changes in capital stock, in number of shares	ii. Changes in capital stock, in number of shares Common Preferred Total Number of shares outstanding on December 31, 2016 (1) 3,354,393,420 3,339,187,552 6,693,580,972 Number of shares outstanding on December 31, 2017 (1) 3,354,393,420 3,339,187,552 6,693,580,972 Number of shares outstanding on December 31, 2018 3,354,393,420 3,339,187,552 6,693,580,972

Transactions with related par_2

Transactions with related parties (Tables)	12 Months Ended
	Dec. 31, 2018
Transactions with related parties (Tables) [Abstract]
The main transactions with related parties	Related-party transactions (direct and indirect) are carried out according to IAS 24, the Organization has a Transaction Policy with related parties disclosed on the Investor Relations website. The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows: R$ thousand Controllers (1) Associates and Jointly controlled companies (2) Key Management Personnel (3) Total On December 31 2018 2017 2018 2017 2018 2017 2018 2017 Assets Loans and advances to banks - - 585,191 724,369 - - 585,191 724,369 Securities and derivative financial instruments 16,015 - 19,267 - - - 35,282 - Other assets 9 - 326,762 3,572 49,244 - 376,015 3,572 Liabilities Customer and financial institution resources 2,899,619 903,590 1,098,865 347,816 120,586 97,309 4,119,070 1,348,715 Securities and subordinated debt securities 8,569,271 6,632,932 - - 797,182 1,395,107 9,366,453 8,028,039 Other liabilities (4) 1,541,011 2,302,970 10,101,886 8,827,877 5,484 - 11,648,381 11,130,847
Main transactions with related parties	R$ thousand Controllers (1) Associates and Jointly controlled companies (2) Key Management Personnel (3) Total Years ended December 31 2018 2017 2016 2018 2017 2016 2018 2017 2016 2018 2017 2016 Revenues and expenses Net interest income (778,829) (887,059) (1,129,931) (11,814) 40,671 (41,814) (55,045) (84,818) (108,333) (845,688) (931,206) (1,280,078) Other revenues 334 - - 315,832 441,381 360,286 247 - - 316,413 441,381 360,286 Other expenses (50,745) (2,652) (2,391) (2,635,494) (289,100) (224,444) 323,130 - - (2,363,109) (291,752) (226,835) (1) Cidade de Deus Cia. Coml. de Participações, Fundação Bradesco, NCF Participações S.A., BBD Participações S.A. and Nova Cidade de Deus Participações S.A.; (2) Companies listed in Note 32; (3) Members of the Board of Directors and the Board of Executive Officers; and (4) Includes interest on shareholders' equity and dividends payable.
Short-term benefits for Management	Short-term benefits for Management R$ thousand Years ended December 31 2018 2017 2016 Salaries 485,949 456,262 441,592 Total 485,949 456,262 441,592
Post-employment benefits	Post-employment benefits R$ thousand Years ended December 31 2018 2017 2016 Defined contribution supplementary pension plans 474,378 473,663 251,250 Total 474,378 473,663 251,250
Together directly, members of the Board of Directors and Board of the Executive Officers had the following shareholding	Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco: On December 31 2018 2017 Common shares 0.5% 0.5% Preferred shares 1.1% 1.0% Total shares (1) 0.8% 0.8% (1) On December 31, 2018, direct and indirect shareholding of the members of the Board of Directors and the Board of Executive Officers in Bradesco totaled 2.6% of common shares, 1.1% of preferred shares and 1.9% of all shares (2017 - 2.3% of common shares, 1.1% of preferred shares and 1.7% of all shares).

Off-balance sheet commitments (

Off-balance sheet commitments (Tables)	12 Months Ended
	Dec. 31, 2018
Off-balance sheet commitments (Tables) [Abstract]
Total risk represented by off-balance sheet commitments	The table below summarizes the total risk represented by off-balance sheet commitments: R$ thousand On December 31 2018 2017 Commitments to extend credit (1) 228,113,067 203,927,816 Financial guarantees (2) 72,870,964 78,867,348 Letters of credit for imports 361,593 294,229 Total 301,345,624 283,089,393 (1) Includes available lines of credit, limits for credit cards, personal loans, housing loans and overdrafts; and (2) Refers to guarantees mostly provided for Corporate customers.

New standards and amendments _2

New standards and amendments and interpretations of existing standards (Tables)	12 Months Ended
	Dec. 31, 2018
New standards and amendments and interpretations of existing standards (Tables) [Abstract]
Reconciliation of the shareholders' equity in the transition from IAS 39 to IFRS 9	Reconciliation of the shareholders' equity in the transition from IAS 39 to IFRS 9: R$ mil Shareholders' equity in accordance with IAS 39 as of December 31, 2017 117,693,704 IFRS 9 adjustments Expected credit loss for credit operations (1) (3,829,475) Expected credit loss for other financial assets (743,048) Remesuration of assets by virtue of the new classification of IFRS 9 (2) 644,398 Other (3) 366,102 Deferred income tax 1,424,809 Shareholders' equity in accordance with IFRS 9 as of January 1, 2018 115,556,490 (1) (2) Change of the measurement of financial assets in accordance with the new classification of IFRS 9; and (3) Accounting adequacy as required by IFRS 9 in the reclassification of securities measured at fair value through other comprehensive income.
New reclassifications and measurements according to the IFRS 9	The table below presents the new reclassifications and measurements according to the IFRS 9. R$ mil IAS 39 Reclassifications (1) Remeasurement IFRS 9 Category 31/12/2017 Category 01/01/2018 Ativo Cash and cash equivalents 81,742,951 - - 81,742,951 Financial assets at fair value through profit or loss - 242,511,223 - At fair value through profit or loss 242,511,223 Financial assets held for trading Held for trading 241,710,041 (241,710,041) - - Financial assets at fair value through other comprehensive income - 182,799,142 - Fair value through other comprehensive income 218,860,066 Financial assets available for sale Available for sale 159,412,722 (159,412,722) - - Financial assets at amortized cost - - - - - Loans and advances to banks, net of impairment Loans and receivables 32,247,724 123,473,446 - At amortized cost 155,721,170 - Loans and advances to customers, net of impairment Loans and receivables 346,758,099 - (1,173,870) At amortized cost 345,584,229 - Securities net of provision for losses - 75,320,243 267,452 At amortized cost 39,526,771 - Other financial assets - 39,877,774 - At amortized cost 39,877,774 Investments held to maturity Held to maturity 39,006,118 (39,006,118) - - Financial assets pledged as collateral Other (2) 183,975,173 (183,975,173) - - Non-current assets held for sale 1,520,973 - - 1,520,973 Investments in associates and joint ventures 8,257,384 - - 8,257,384 Premises and equipment 8,432,475 - - 8,432,475 Intangible assets and goodwill 16,179,307 - - 16,179,307 Taxes to be offset 10,524,575 - - 10,524,575 Deferred taxes 43,731,911 - 1,424,809 45,156,720 Other assets 50,853,987 (39,877,774) - 10,976,213 Total assets 1,224,353,440 - 518,391 1,224,871,831 Liabilities Liabilities at amortized cost - Deposits from banks 285,957,468 - - 285,957,468 - Deposits from customers 262,008,445 - - 262,008,445 - Funds from issuance of securities 135,174,090 - - 135,174,090 - Subordinated debts 50,179,401 - - 50,179,401 - Other financial liabilities - 62,439,512 - 62,439,512 Financial liabilities at fair value through profit or loss - 14,274,999 - 14,274,999 Financial liabilities held for trading 14,274,999 (14,274,999) - - Provision for Expected Loss - - Loan Commitments - - 1,840,205 1,840,205 - Financial guarantees - - 815,400 815,400 Insurance technical provisions and pension plans 239,089,590 - - 239,089,590 Other reserves 18,490,727 - - 18,490,727 Current taxes 2,416,345 - - 2,416,345 Deferred taxes 1,251,847 - - 1,251,847 Other liabilities 97,816,824 (62,439,512) - 35,377,312 Total liabilities 1,106,659,736 - 2,655,605 1,109,315,341 Shareholders' equity Capital 59,100,000 59,100,000 Treasury shares (440,514) (440,514) Capital reserves 35,973 35,973 Profit reserves 49,481,227 49,481,227 Additional paid-in capital 70,496 70,496 Other comprehensive income 1,817,659 59,240 1,876,899 Retained earnings 7,338,990 (2,196,454) 5,142,536 Equity attributable to controlling shareholders 117,403,831 - (2,137,214) 115,266,617 Non-controlling interest 289,873 289,873 Total equity 117,693,704 - (2,137,214) 115,556,490 Total liabilities 1,224,353,440 - 518,391 1,224,871,831 (1) The main reclassifications are due to debentures, in the amount of R$35,600,087 thousand and promissory notes, in the amount of R$486,289 thousand that in accordance with IAS 39 were classified as available for sale and in accordance with IFRS 9 are measured at amortized cost; and (2) The balances under the heading "Financial assets pledged as collateral" began to be submitted in accordance with the categories of IFRS 9, which are: R$123,691,195 thousand for "Loans and advances to financial institutions, net of provision for losses"; R$801,182 thousand for "Financial assets at fair value through profit or loss" and R$59,482,796 thousand for "Financial assets at fair value through other comprehensive income".

Significant accounting polici_4

Significant accounting policies (Details 1)		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017
Atlântica Companhia de Seguros | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Atlântica Companhia de Seguros		Atlântica Companhia de Seguros
Activity		Insurance		Insurance
Shareholding interest (%)		100.00%		100.00%
Bradesco Auto/RE Companhia de Seguros | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Auto/RE Companhia de Seguros		Bradesco Auto/RE Companhia de Seguros
Activity		Insurance		Insurance
Shareholding interest (%)		100.00%		100.00%
Bradesco Capitalização S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Capitalização S.A.		Bradesco Capitalização S.A.
Activity		Capitalization bonds		Capitalization bonds
Shareholding interest (%)		100.00%		100.00%
Bradesco Saúde S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Saúde S.A.		Bradesco Saúde S.A.
Activity		Insurance/health		Insurance/health
Shareholding interest (%)		100.00%		100.00%
Bradesco Seguros S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[1]	Bradesco Seguros S.A.		Bradesco Seguros S.A.
Activity	[1]	Insurance		Insurance
Shareholding interest (%)	[1]	99.96%		100.00%
Bradesco Vida e Previdência S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Vida e Previdência S.A.		Bradesco Vida e Previdência S.A.
Activity		Pension plan/Insurance		Pension plan/Insurance
Shareholding interest (%)		100.00%		100.00%
Kirton Capitalização S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[2]	Kirton Capitalização S.A.		Kirton Capitalização S.A.
Activity	[2]	Capitalization bonds		Capitalization bonds
Shareholding interest (%)	[2]	0.00%		100.00%
Kirton Seguros S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[2]	Kirton Seguros S.A.		Kirton Seguros S.A.
Activity	[2]	Insurance		Insurance
Shareholding interest (%)	[2]	0.00%		98.54%
Kirton Vida e Previdência S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[2]	Kirton Vida e Previdência S.A.		Kirton Vida e Previdência S.A.
Activity	[2]	Pension plan/Insurance		Pension plan/Insurance
Shareholding interest (%)	[2]	0.00%		100.00%
Odontoprev S.A. | Insurance, Pension Plan and Capitalization Bond Sector - In Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[3]	Odontoprev S.A.		Odontoprev S.A.
Activity	[3]	Dental care		Dental care
Shareholding interest (%)	[3]	50.01%		50.01%
Bradesco Argentina de Seguros S.A. | Insurance - Overseas
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Argentina de Seguros S.A.	[3],[4]	Bradesco Argentina de Seguros S.A.
Activity	[3],[4]	Insurance		Insurance
Shareholding interest (%)	[3],[4]	99.98%		99.98%
Andorra Holdings S.A. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Andorra Holdings S.A.		Andorra Holdings S.A.
Activity		Holding		Holding
Shareholding interest (%)		100.00%		100.00%
Bradseg Participações S.A. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradseg Participações S.A.		Bradseg Participações S.A.
Activity		Holding		Holding
Shareholding interest (%)		100.00%		100.00%
Bradescor Corretora de Seguros Ltda. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradescor Corretora de Seguros Ltda.		Bradescor Corretora de Seguros Ltda.
Activity		Insurance Brokerage		Insurance Brokerage
Shareholding interest (%)		100.00%		100.00%
Bradesplan Participações Ltda. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[5]	Bradesplan Participações Ltda.		Bradesplan Participações Ltda.
Activity	[5]	Holding		Holding
Shareholding interest (%)	[5]	0.00%		100.00%
BSP Empreendimentos Imobiliários S.A. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		BSP Empreendimentos Imobiliários S.A.		BSP Empreendimentos Imobiliários S.A.
Activity		Real estate		Real estate
Shareholding interest (%)		100.00%		100.00%
Cia. Securitizadora de Créditos Financeiros Rubi | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Cia. Securitizadora de Créditos Financeiros Rubi		Cia. Securitizadora de Créditos Financeiros Rubi
Activity		Credit acquisition		Credit acquisition
Shareholding interest (%)		100.00%		100.00%
Columbus Holdings S.A. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Columbus Holdings S.A.		Columbus Holdings S.A.
Activity		Holding		Holding
Shareholding interest (%)		100.00%		100.00%
Nova Paiol Participações Ltda. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Nova Paiol Participações Ltda.		Nova Paiol Participações Ltda.
Activity		Holding		Holding
Shareholding interest (%)		100.00%		100.00%
União Participações Ltda. | Other Activities - Brazil
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[6]	União Participações Ltda.		União Participações Ltda.
Activity	[6]	Holding		Holding
Shareholding interest (%)	[6]	0.00%		100.00%
Bradesco North America LLC | Other Activities - Overseas
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Bradesco North America LLC		Bradesco North America LLC
Activity	[4]	Services		Services
Shareholding interest (%)	[4]	100.00%		100.00%
Bradesco F.I.R.F. Master II Previdência | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.R.F. Master II Previdência		Bradesco F.I.R.F. Master II Previdência
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I. Referenciado DI Performance | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I. Referenciado DI Performance		Bradesco F.I. Referenciado DI Performance
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I.C.F.I. R.F. VGBL F10 | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.C.F.I. R.F. VGBL F10		Bradesco F.I.C.F.I. R.F. VGBL F10
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I.R.F. Master IV Previdência | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.R.F. Master IV Previdência		Bradesco F.I.R.F. Master IV Previdência
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I.R.F. Master Previdência | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.R.F. Master Previdência		Bradesco F.I.R.F. Master Previdência
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo		Bradesco Private F.I.C.F.I. RF PGBL/VGBL Ativo
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco FI Referenciado DI União | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco FI Referenciado DI União		Bradesco FI Referenciado DI União
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	99.83%		99.92%
Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C		Bradesco Private F.I.C.F.I. R.F. PGBL/VGBL Ativo - F 08 C
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I.C.R.F. VGBL FIX | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.C.R.F. VGBL FIX		Bradesco F.I.C.R.F. VGBL FIX
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Bradesco F.I.C.F.I. Renda Fixa V-A | Investment Funds
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[7]	Bradesco F.I.C.F.I. Renda Fixa V-A		Bradesco F.I.C.F.I. Renda Fixa V-A
Activity	[7]	Investment Fund		Investment Fund
Shareholding interest (%)	[7]	100.00%		100.00%
Financial Sector - Brazil | Ágora Corretora de Títulos e Valores Mobiliários S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Ágora Corretora de Títulos e Valores Mobiliários S.A.		Ágora Corretora de Títulos e Valores Mobiliários S.A.
Activity		Brokerage		Brokerage
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Banco Alvorada S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[8]	Banco Alvorada S.A.		Banco Alvorada S.A.
Activity	[8]	Banking		Banking
Shareholding interest (%)	[8]	100.00%		99.99%
Financial Sector - Brazil | Banco Bradescard S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Banco Bradescard S.A.		Banco Bradescard S.A.
Activity		Cards		Cards
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Banco Bradesco BBI S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[9]	Banco Bradesco BBI S.A.		Banco Bradesco BBI S.A.
Activity	[9]	Investment bank		Investment bank
Shareholding interest (%)	[9]	99.96%		99.85%
Financial Sector - Brazil | Banco Bradesco BERJ S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Banco Bradesco BERJ S.A.		Banco Bradesco BERJ S.A.
Activity		Banking		Banking
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Banco Bradesco Cartões S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Banco Bradesco Cartões S.A.		Banco Bradesco Cartões S.A.
Activity		Cards		Cards
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Banco Bradesco Financiamentos S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Banco Bradesco Financiamentos S.A.		Banco Bradesco Financiamentos S.A.
Activity		Banking		Banking
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Banco Losango S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Banco Losango S.A.		Banco Losango S.A.
Activity		Banking		Banking
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Bradesco Administradora de Consórcios Ltda.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Administradora de Consórcios Ltda.		Bradesco Administradora de Consórcios Ltda.
Activity		Consortium management		Consortium management
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Bradesco Leasing S.A. Arrendamento Mercantil
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco Leasing S.A. Arrendamento Mercantil		Bradesco Leasing S.A. Arrendamento Mercantil
Activity		Leases		Leases
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Bradesco-Kirton Corretora de Câmbio S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[10]	Bradesco-Kirton Corretora de Câmbio S.A.		Bradesco-Kirton Corretora de Câmbio S.A.
Activity	[10]	Exchange Broker		Exchange Broker
Shareholding interest (%)	[10]	99.97%		99.97%
Financial Sector - Brazil | Bradesco S.A. Corretora de Títulos e Valores Mobiliários
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Bradesco S.A. Corretora de Títulos e Valores Mobiliários		Bradesco S.A. Corretora de Títulos e Valores Mobiliários
Activity		Brokerage		Brokerage
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | BRAM - Bradesco Asset Management S.A. DTVM
Main subsidiaries included in the consolidated financial statements
Subsidiarie		BRAM - Bradesco Asset Management S.A. DTVM		BRAM - Bradesco Asset Management S.A. DTVM
Activity		Asset management		Asset management
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Kirton Bank Brasil S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Kirton Bank Brasil S.A.		Kirton Bank Brasil S.A.
Activity		Banking		Banking
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Brazil | Tempo Serviços Ltda.
Main subsidiaries included in the consolidated financial statements
Subsidiarie		Tempo Serviços Ltda.		Tempo Serviços Ltda.
Activity		Services		Services
Shareholding interest (%)		100.00%		100.00%
Financial Sector - Overseas | Banco Bradesco Argentina S.A.U
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4],[11]	Banco Bradesco Argentina S.A.U		Banco Bradesco Argentina S.A.U
Activity	[4],[11]	Banking		Banking
Shareholding interest (%)	[4],[11]	100.00%		99.99%
Financial Sector - Overseas | Banco Bradesco Europa S.A.
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Banco Bradesco Europa S.A.		Banco Bradesco Europa S.A.
Activity	[4]	Banking		Banking
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Banco Bradesco S.A. Grand Cayman Branch
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4],[12]	Banco Bradesco S.A. Grand Cayman Branch		Banco Bradesco S.A. Grand Cayman Branch
Activity	[4],[12]	Banking		Banking
Shareholding interest (%)	[4],[12]	100.00%		100.00%
Financial Sector - Overseas | Banco Bradesco S.A. New York Branch
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Banco Bradesco S.A. New York Branch		Banco Bradesco S.A. New York Branch
Activity	[4]	Banking		Banking
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Bradesco Securities, Inc.
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Bradesco Securities, Inc.		Bradesco Securities, Inc.
Activity	[4]	Brokerage		Brokerage
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Bradesco Securities, UK. Limited
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Bradesco Securities, UK. Limited		Bradesco Securities, UK. Limited
Activity	[4]	Brokerage		Brokerage
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Bradesco Securities, Hong Kong Limited
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Bradesco Securities, Hong Kong Limited		Bradesco Securities, Hong Kong Limited
Activity	[4]	Brokerage		Brokerage
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Cidade Capital Markets Ltd
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[4]	Cidade Capital Markets Ltd		Cidade Capital Markets Ltd
Activity	[4]	Banking		Banking
Shareholding interest (%)	[4]	100.00%		100.00%
Financial Sector - Overseas | Bradescard México, sociedad de Responsabilidad Limitada
Main subsidiaries included in the consolidated financial statements
Subsidiarie	[13]	Bradescard México, sociedad de Responsabilidad Limitada		Bradescard México, sociedad de Responsabilidad Limitada
Activity	[13]	Cards		Cards
Shareholding interest (%)	[13]	100.00%		100.00%
[1]	Reduction in participation due to the merger of Kirton Seguros S.A. through the exchange of minority shares;
[2]	Companies merged into their respective counterparts in June 2018 (Bradesco Seguros S.A., Bradesco Capitalizacao S.A. and Bradesco Vida e Previdencia S.A.);
[3]	The financial information portrayed is from the previous month;
[4]	The functional currency of these companies abroad is the Real;
[5]	Company merged in October 2018, by the company Nova Paiol Participacoes Ltda.;
[6]	Company merged in November 2018, by the company Nova Paiol Participacoes Ltda.;
[7]	The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated.
[8]	In December 2018, there was acquisition of shares held by a minority shareholder;
[9]	In May 2018, there was acquisition of shares held by minority shareholders by Banco Bradesco S.A.;
[10]	In November 2018, there was a change in the corporate name of Bradesco-Kirton Corretora de Titulos e Valores Mobiliarios S.A. to Bradesco-Kirton Corretora de Cambio S.A.;
[11]	Change in the percentage of participation, by assignment of quotas and change of corporate name to unilateral company;
[12]	The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas;
[13]	The functional currency of this company is the Mexican Peso;

Significant Accounting Polici_5

Significant Accounting Policies (Details Text)	1 Months Ended	12 Months Ended			40 Months Ended
	Aug. 31, 2015	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Significant Accounting Policies (Details Text)
The projected average loss ratio			44.60%		44.60%
The projected average loss ratio - Extended Guarantee segment			10.10%		10.10%
The projected average loss ratio - For the elementary lines			52.80%		52.80%
The average reinsurance projected in the study, calculated on the basis of reported claims			5.66%		5.66%
Expected dividend as percentage, share options granted			30.00%
For financial companies, financial company equivalent and of the insurance industry
Significant Accounting Policies (Details Text)
Applicable tax rate	15.00%
Changed according to Law no 13,169/15
Significant Accounting Policies (Details Text)
Applicable tax rate					20.00%
Returning to the rate
Significant Accounting Policies (Details Text)
Applicable tax rate		15.00%
For the other companies
Significant Accounting Policies (Details Text)
Applicable tax rate				9.00%
Income tax
Significant Accounting Policies (Details Text)
Applicable tax rate			15.00%
Surcharge
Significant Accounting Policies (Details Text)
Applicable tax rate			10.00%
Net income is distributed to the consortium's members
Significant Accounting Policies (Details Text)
Consortium			50.00%
Remaining monthly income is retained by the lead insurer over the year and transferred to the members of the consortium at the start of the following year
Significant Accounting Policies (Details Text)
Consortium			50.00%
The mathematical reserve for unvested benefits (PMBAC)
Significant Accounting Policies (Details Text)
Discount rate			4.00%		4.00%	4.50%
health care plan portfolio and accounts
Significant Accounting Policies (Details Text)
Discount rate			4.00%		4.00%	4.51%
The mathematical reserve of benefits granted (PMBC)
Significant Accounting Policies (Details Text)
Discount rate			4.00%		4.00%	4.50%
Other provisions
Significant Accounting Policies (Details Text)
Discount rate			4.00%		4.00%	4.50%
The right to receive a minimum dividend per share
Significant Accounting Policies (Details Text)
Expenditure on maintenance and repairs of property and equipment items is recognized as an asset when it is probable that future economic benefits associated with the items will flow to the Organization			one year
The estimated useful life of software			two to five years
Risk related to the cover of the holder's dependents, following the death of the holder			five years
Projected costs cover			five-year
Deferred tax assets on income tax and social contribution losses			30.00%
Minimum dividend per share			10.00%
Of the annual net income, in accordance with the the Company’s Bylaws
Significant Accounting Policies (Details Text)
Expected dividend as percentage, share options granted			30.00%
Bigger than
Significant Accounting Policies (Details Text)
Proportion of ownership interest in associate			20.00%
Less than
Significant Accounting Policies (Details Text)
Proportion of ownership interest in associate			50.00%
Participation in the management of the investee or representations on its Board of Directors, providing it has executive power; i.e. voting power
Significant Accounting Policies (Details Text)
Proportion of ownership interest in associate			20.00%

Risk Management (Details 1)

Risk Management (Details 1) R$ in Thousands	Dec. 31, 2018BRL (R$)
Gross value
Financial assets
Cash and balances with banks (Note 20)	R$ 107209743
Financial assets at fair value through profit or loss (Note 21)	246,161,150
Financial assets at fair value through other comprehensive income (Note 24)	178,050,536
Loans and advances to banks (Note 26)	105,250,928
Loans and advances to customers (Note 27)	411,492,655
Securities at amortized cost (Note 28)	143,626,776
Other financial assets (Note 35)	43,893,309
Provision for Expected Loss
Items not recorded in the balance sheet (Note 46)	301,345,624
Total risk exposure	1,537,030,721
Expected loss
Financial assets
Financial assets at fair value through other comprehensive income (Note 24)	(337,506)
Loans and advances to banks (Note 26)	(1,978)
Loans and advances to customers (Note 27)	(31,105,579)
Securities at amortized cost (Note 28)	(3,022,038)
Provision for Expected Loss
Loan Commitments (Note 27)	(2,551,676)
Financial guarantees (Note 27)	(719,216)
Total risk exposure	(37,737,993)
Book value
Financial assets
Cash and balances with banks (Note 20)	107,209,743
Financial assets at fair value through profit or loss (Note 21)	246,161,150
Financial assets at fair value through other comprehensive income (Note 24)	178,050,536
Loans and advances to banks (Note 26)	105,248,950
Loans and advances to customers (Note 27)	380,387,076
Securities at amortized cost (Note 28)	140,604,738
Other financial assets (Note 35)	43,893,309
Provision for Expected Loss
Loan Commitments (Note 27)	(2,551,676)
Financial guarantees (Note 27)	(719,216)
Items not recorded in the balance sheet (Note 46)	301,345,625
Total risk exposure	R$ 1499630235

Risk Management (Details 2)

Risk Management (Details 2)	Dec. 31, 2018	Dec. 31, 2017
Concentration Of Credit Risk In Loans And Advances [Abstract]
Largest borrower	2.20%	2.50%
10 largest borrowers	9.10%	8.20%
20 largest borrowers	12.90%	12.20%
50 largest borrowers	18.60%	17.80%
100 largest borrowers	22.90%	22.20%

Risk Management (Details 3)

Risk Management (Details 3) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
By Economic Activity Sector [Abstract]
Public sector	R$ 9259368	R$ 9676927
Public sector %	2.30%	2.60%
Oil, derivatives and aggregate activities	R$ 9092151	R$ 9410382
Oil, derivatives and aggregate activities %	2.20%	2.50%
Production and distribution of electricity	R$ 1829	R$ 1322
Production and distribution of electricity %	0.00%	0.00%
Other industries	R$ 165388	R$ 265223
Other industries %	0.00%	0.10%
Private sector	R$ 402233287	R$ 364136738
Private sector %	97.70%	97.40%
Companies	R$ 209365567	R$ 190148345
Companies %	50.90%	50.90%
Real estate and construction activities	R$ 25267761	R$ 29383442
Real estate and construction activities %	6.10%	7.90%
Retail	R$ 32472286	R$ 23935638
Retail %	7.90%	6.40%
Services	R$ 19086508	R$ 17996533
Services %	4.60%	4.80%
Transportation and concession	R$ 17261369	R$ 14190284
Transportation and concession %	4.20%	3.80%
Automotive	R$ 11284972	R$ 10014454
Automotive %	2.70%	2.70%
Food products	R$ 12040631	R$ 8866028
Food products %	2.90%	2.40%
Wholesale	R$ 11467168	R$ 9045916
Wholesale %	2.80%	2.40%
Production and distribution of electricity	R$ 4784015	R$ 7360804
Production and distribution of electricity %	1.20%	2.00%
Siderurgy and metallurgy	R$ 7698444	R$ 7001290
Siderurgy and metallurgy %	1.90%	1.90%
Sugar and alcohol	R$ 6907858	R$ 7042811
Sugar and alcohol %	1.70%	1.90%
Other industries	R$ 61094555	R$ 55311145
Other industries %	14.80%	14.80%
Individuals	R$ 192867720	R$ 173988393
Individuals %	46.90%	46.50%
Total portfolio	R$ 411492655	R$ 373813665
Total portfolio %	100.00%	100.00%
Impairment of loans and advances	R$ 31105579	R$ 27055566
Total of net loans and advances to customers	R$ 380387076	R$ 346758099	[1]
[1]	Amounts of loans and receivables are presented net of the provision for impairment losses.

Risk Management (Details 4)

Risk Management (Details 4) R$ in Thousands	Dec. 31, 2018BRL (R$)
Book value
Financial effect of the guarantee on credit and financial lease transactions
Individuals	R$ 192867720
Stage 1	165,031,788
Stage 2	15,354,577
Stage 3	12,481,355
Companies	218,624,935
Stage 1	177,191,748
Stage 2	21,750,673
Stage 3	19,682,514
Total	411,492,655
Fair Value Guarantees
Financial effect of the guarantee on credit and financial lease transactions
Individuals	121,318,093
Stage 1	109,456,403
Stage 2	8,925,277
Stage 3	2,936,413
Companies	77,161,470
Stage 1	61,244,814
Stage 2	7,374,186
Stage 3	8,542,470
Total	R$ 198479563

Risk Management (Details 5)

Risk Management (Details 5) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	R$ 16211453	R$ 17566051
Assets | Fixed rate
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	8,131,939	11,614,849
Assets | IGP-M (General Index of market pricing) / IPCA (Consumer price index)
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	249,922	1,053,893
Assets | Exchange coupon
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	1,090,277	1,808,598
Assets | Foreign Currency
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	1,471,956	1,808,598
Assets | Equities
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	776,376	461,957
Assets | Sovereign/Eurobonds and Treasuries
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	3,805,259	560,619
Assets | Other
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	685,724	257,537
Liabilities
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	10,577,983	11,406,535
Liabilities | Fixed rate
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	6,081,794	6,184,099
Liabilities | IGP-M (General Index of market pricing) / IPCA (Consumer price index)
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	191,486	532,957
Liabilities | Exchange coupon
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	785,578	1,658,084
Liabilities | Foreign Currency
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	1,611,049	2,103,715
Liabilities | Equities
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	776,735	468,911
Liabilities | Sovereign/Eurobonds and Treasuries
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	1,099,612	360,252
Liabilities | Other
Financial Exposure - Trading Portfolio (Fair value)
Risk Factors	R$ 31729	R$ 98517

Risk Management (Details 6)

Risk Management (Details 6) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fixed rates
VaR Internal Model -Trading Portfolio
Risk Factors	R$ 850	R$ 8956
IGP-M (General Index of market pricing) / IPCA (Consumer price index)
VaR Internal Model -Trading Portfolio
Risk Factors	264	2,751
Exchange coupon
VaR Internal Model -Trading Portfolio
Risk Factors	142	48
Foreign Currency
VaR Internal Model -Trading Portfolio
Risk Factors	712	2,925
Sovereign/Eurobonds and Treasuries
VaR Internal Model -Trading Portfolio
Risk Factors	3,770	826
Equities
VaR Internal Model -Trading Portfolio
Risk Factors	655	289
Others
VaR Internal Model -Trading Portfolio
Risk Factors	1,597	1
Correlation/diversification effect
VaR Internal Model -Trading Portfolio
Risk Factors	(2,214)	(1,379)
VaR at the end of the year
VaR Internal Model -Trading Portfolio
Risk Factors	5,776	14,417
Average VaR in the year
VaR Internal Model -Trading Portfolio
Risk Factors	21,624	24,024
Minimum VaR in the year
VaR Internal Model -Trading Portfolio
Risk Factors	4,316	5,499
Maximum VaR in the year
VaR Internal Model -Trading Portfolio
Risk Factors	R$ 76935	R$ 100640

Risk Management (Details 7)

Risk Management (Details 7) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
VaR | Interest rate
VaR Internal Model - Regulatory Portfolio
Risk Factors	R$ 8131	R$ 37659
VaR | Exchange rate
VaR Internal Model - Regulatory Portfolio
Risk Factors	5,666	7,715
VaR | Commodity price (Commodities)
VaR Internal Model - Regulatory Portfolio
Risk Factors	8,194	1,110
VaR | Equities
VaR Internal Model - Regulatory Portfolio
Risk Factors	3,355	2,065
VaR | Correlation/diversification effect
VaR Internal Model - Regulatory Portfolio
Risk Factors	(7,569)	36,429
VaR | VaR at the end of the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	17,777	84,978
VaR | Average VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	69,852	87,358
VaR | Minimum VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	17,777	24,945
VaR | Maximum VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	252,797	369,342
Stressed | Interest rate
VaR Internal Model - Regulatory Portfolio
Risk Factors	47,851	48,400
Stressed | Exchange rate
VaR Internal Model - Regulatory Portfolio
Risk Factors	20,959	17,300
Stressed | Commodity price (Commodities)
VaR Internal Model - Regulatory Portfolio
Risk Factors	14,704	200
Stressed | Equities
VaR Internal Model - Regulatory Portfolio
Risk Factors	4,844	7,400
Stressed | Correlation/diversification effect
VaR Internal Model - Regulatory Portfolio
Risk Factors	33,180	240
Stressed | VaR at the end of the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	121,538	73,540
Stressed | Average VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	117,946	107,059
Stressed | Minimum VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	57,523	26,803
Stressed | Maximum VaR in the year
VaR Internal Model - Regulatory Portfolio
Risk Factors	R$ 231080	R$ 236895

Risk Management (Details 8)

Risk Management (Details 8) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
At the end of the year
Stress Analysis - Trading Portfolio
Risk Factors	R$ 59489	R$ 103949
Average in the year
Stress Analysis - Trading Portfolio
Risk Factors	185,192	168,751
Minimum in the year
Stress Analysis - Trading Portfolio
Risk Factors	52,716	53,426
Maximum in the year
Stress Analysis - Trading Portfolio
Risk Factors	R$ 419677	R$ 387884

Risk Management (Details 9)

Risk Management (Details 9) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Scenario 1 | Interest rate in Reais
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 67	R$ 359
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 1 | Price indexes
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 22	R$ 147
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 1 | Exchange coupon
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 3	R$ 9
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 1 | Foreign Currency
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 331	R$ 1629
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 1 | Equities
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 88	R$ 1215
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 1 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 315	R$ 2469
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 1 | Other
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 0	R$ 0
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 1 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 826	R$ 5828
Scenario 1 | Total including correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	(429)	(3,448)
Scenario 2 | Interest rate in Reais
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 11474	R$ 61497
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 2 | Price indexes
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 2462	R$ 17576
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 2 | Exchange coupon
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 236	R$ 420
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 2 | Foreign Currency
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 8265	R$ 40736
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 2 | Equities
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 2195	R$ 30378
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 2 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 93073	R$ 61730
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 2 | Other
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 37	R$ 0
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 2 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 117742	R$ 212337
Scenario 2 | Total including correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	(93,092)	(131,662)
Scenario 3 | Interest rate in Reais
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 22374	R$ 120385
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 3 | Price indexes
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 4706	R$ 33298
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 3 | Exchange coupon
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 460	R$ 839
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 3 | Foreign Currency
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 16529	R$ 81473
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 3 | Equities
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 4389	R$ 60757
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 3 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 129865	R$ 123461
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 3 | Other
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 73	R$ 0
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 3 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 178396	R$ 420213
Scenario 3 | Total including correlation of risk factors
Sensitivity Analysis - Trading Portfolio
Risk Factors	[1]	R$ 130432	R$ 259684
[1]	Values net of taxes.

Risk Management (Details 10)

Risk Management (Details 10) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Scenario 1 | Interest rate in Reais
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 16141	R$ 12579
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 1 | Price indexes
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 8410	R$ 512
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 1 | Exchange coupon
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 1368	R$ 1575
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 1 | Foreign Currency
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 407	R$ 600
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 1 | Equities
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 21229	R$ 16289
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 1 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 1762	R$ 4978
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 1 | Other
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 412	R$ 12
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 1 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 49729	R$ 36545
Scenario 1 | Total including correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	(37,535)	(26,956)
Scenario 2 | Interest rate in Reais
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 2973012	R$ 2339939
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 2 | Price indexes
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 913671	R$ 56130
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 2 | Exchange coupon
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 119441	R$ 80110
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 2 | Foreign Currency
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 10119	R$ 15004
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 2 | Equities
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 530729	R$ 407237
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 2 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 92193	R$ 205764
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 2 | Other
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 10298	R$ 307
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 2 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 4649463	R$ 3104491
Scenario 2 | Total including correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	(3,905,602)	(2,678,101)
Scenario 3 | Interest rate in Reais
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 5760223	R$ 4560181
Definition		Exposure subject to variations in fixed interest rates and interest rate coupons	Exposure subject to variations in fixed interest rates and interest rate coupons
Scenario 3 | Price indexes
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 1630441	R$ 107716
Definition		Exposure subject to variations in price index coupon rates	Exposure subject to variations in price index coupon rates
Scenario 3 | Exchange coupon
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 229387	R$ 158548
Definition		Exposure subject to variations in foreign currency coupon rates	Exposure subject to variations in foreign currency coupon rates
Scenario 3 | Foreign Currency
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 20238	R$ 30008
Definition		Exposure subject to exchange rate variations	Exposure subject to exchange rate variations
Scenario 3 | Equities
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 1061459	R$ 814475
Definition		Exposure subject to variation in stock prices	Exposure subject to variation in stock prices
Scenario 3 | Sovereign/Eurobonds and Treasuries
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 184758	R$ 406054
Definition		Exposure subject to variations in the interest rate of securities traded on the international market	Exposure subject to variations in the interest rate of securities traded on the international market
Scenario 3 | Other
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 20596	R$ 613
Definition		Exposure not classified in other definitions	Exposure not classified in other definitions
Scenario 3 | Total excluding correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 8907102	R$ 6077595
Scenario 3 | Total including correlation of risk factors
Sensitivity Analysis - Trading and Banking Portfolio
Risk Factors	[1]	R$ 7499908	R$ 5232466
[1]	Values net of taxes.

Risk Management (Details 11)

Risk Management (Details 11)	12 Months Ended
	Dec. 31, 2018
2016
LCR - Liquidity Coverage Ratio
% Required	70.00%
2017
LCR - Liquidity Coverage Ratio
% Required	80.00%
2018
LCR - Liquidity Coverage Ratio
% Required	90.00%
As of 2019
LCR - Liquidity Coverage Ratio
% Required	100.00%

Risk Management (Details 12)

Risk Management (Details 12) - BRL (R$) R$ in Thousands		Dec. 31, 2018	[1]	Dec. 31, 2017	[3]
Total Adjusted Amount
Total HQLA	[2]	R$ 140377669		R$ 125596242
Total net cash outflow	[2]	R$ 81700271		R$ 80402480
LCR (%)	[2]	171.80%		156.20%
Average Amount
Cash Outlows
Ratail funding:	[4]	R$ 235539799		R$ 210005411
Stable funding	[4]	119,809,242		135,661,528
Less stable funding	[4]	115,730,557		74,343,883
Non-collateralized wholesale funding:	[4]	125,136,835		112,474,083
Operating deposits (all counterparties) and affiliated cooperative deposits	[4]	8,648,728		8,152,936
Non-operating deposits (all counterparties)	[4]	115,864,088		103,275,838
Other non-collateralized wholesale funding	[4]	624,019		1,045,309
Collateralized wholesale funding	[4]	0		0
Additional requirements:	[4]	104,341,246		97,751,894
Related to exposure to derivatives and other collateral requirements	[4]	14,419,270		15,192,265
Related to funding losses through the issue of debt instruments	[4]	554,811		345,574
Related to lines of credit and liquidity	[4]	89,367,165		82,214,055
Other contractual obligations	[4]	33,875,647		30,492,461
Other contingent obligations	[4]	122,319,336		131,133,680
Total cash outflows	[4]	0		0
Cash Inflows
Collateralized loans	[4]	95,238,798		161,500,640
Outstanding loans whose payments are fully up-to-date	[4]	30,039,902		32,424,050
Other cash inflows	[4]	37,235,944		24,624,328
Total cash inflows	[4]	162,514,644		218,549,018
Weighted Average Amount
Informatio on the Liquidity Coverage Ratio (LCR)
Total High Quality Liquid Assets (HQLA)	[5]	140,377,669		125,596,242
Cash Outlows
Ratail funding:	[5]	21,919,302		17,749,477
Stable funding	[5]	5,990,462		6,783,076
Less stable funding	[5]	15,928,840		10,966,401
Non-collateralized wholesale funding:	[5]	50,927,871		50,716,519
Operating deposits (all counterparties) and affiliated cooperative deposits	[5]	432,436		407,647
Non-operating deposits (all counterparties)	[5]	49,871,416		49,263,563
Other non-collateralized wholesale funding	[5]	624,019		1,045,309
Collateralized wholesale funding	[5]	5,361,781		6,656,909
Additional requirements:	[5]	14,181,343		13,746,422
Related to exposure to derivatives and other collateral requirements	[5]	6,741,269		7,089,564
Related to funding losses through the issue of debt instruments	[5]	554,811		345,574
Related to lines of credit and liquidity	[5]	6,885,263		6,311,284
Other contractual obligations	[5]	31,857,396		28,811,462
Other contingent obligations	[5]	4,915,397		5,160,312
Total cash outflows	[5]	129,163,090		122,841,101
Cash Inflows
Collateralized loans	[5]	0		0
Outstanding loans whose payments are fully up-to-date	[5]	16,950,831		21,009,387
Other cash inflows	[5]	30,511,989		21,429,233
Total cash inflows	[5]	R$ 47462820		R$ 42438620
[1]	Calculated based on the simple daily average of the months that compose the quarter (61 observations);
[2]	Corresponds to the calculated value after the application of weighting factors and limits.
[3]	Calculated based on the simple average of the closing of the months that compose the quarter (3 observations);
[4]	Corresponds to the total balance related to the item of cash inflows or outflows;
[5]	Corresponds to the value after application of the weighting factors;

Risk Management (Details 13)

Risk Management (Details 13) R$ in Thousands	12 Months Ended
	Dec. 31, 2018BRL (R$)
Amount per effective term of residual maturity | Without expiration
Available stable funding (ASF)
Capital	R$ 121289750
Reference Equity, gross of regulatory deductions	121,289,750
Other instruments not included in line 2	0
Ratail funding:	125,747,484
Stable funding	80,033,425
Less stable funding	45,714,059
Wholesale Funding, of which:	22,215,270
Operating deposits and deposits of affiliated cooperatives	9,164,749
Other wholesale fundings	13,050,521
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	0
Other liabilities, of which:	67,588,097
Derivatives whose replacement value is less than zero	0
Other liabilities or shareholders' equity not included in the previous items	67,588,097
Total of Available Stable Funding (ASF)	0
Total High Quality Liquid Assets (HQLA)	0
Operating deposits held in other financial institutions	0
Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which:	4,981,329
Transactions with financial institutions collateralized by Level 1 HQLA	0
Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral	0
Loans and financing granted to wholesale, retail, central government and central bank operations, of which:	0
Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013	0
Residential real estate financing, of which:	0
Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22	0
Securities not eligible for HQLA, including shares traded on the stock exchange	4,981,329
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	0
Other assets, of which:	190,860,571
Operations with gold and commodities, including those with a forecast of physical settlement	0
Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty	0
Derivatives whose replacement value is greater than or equal to zero	0
Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit	0
Other assets not included in the previous lines	190,860,571
Transactions not recorded in the balance sheet	0
Total Required Stable Funding (RSF)	0
Amount per effective term of residual maturity | Less than 6 months
Available stable funding (ASF)
Capital	0
Reference Equity, gross of regulatory deductions	0
Other instruments not included in line 2	0
Ratail funding:	121,158,207
Stable funding	46,858,729
Less stable funding	74,299,478
Wholesale Funding, of which:	360,387,800
Operating deposits and deposits of affiliated cooperatives	0
Other wholesale fundings	360,387,800
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	26,014,027
Other liabilities, of which:	16,123,614
Derivatives whose replacement value is less than zero	16,123,614
Other liabilities or shareholders' equity not included in the previous items	0
Total of Available Stable Funding (ASF)	0
Total High Quality Liquid Assets (HQLA)	0
Operating deposits held in other financial institutions	0
Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which:	208,163,497
Transactions with financial institutions collateralized by Level 1 HQLA	5,583,766
Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral	100,234,344
Loans and financing granted to wholesale, retail, central government and central bank operations, of which:	96,715,762
Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013	0
Residential real estate financing, of which:	904,499
Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22	904,499
Securities not eligible for HQLA, including shares traded on the stock exchange	4,725,126
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	28,233,429
Other assets, of which:	14,761,798
Operations with gold and commodities, including those with a forecast of physical settlement	0
Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty	0
Derivatives whose replacement value is greater than or equal to zero	0
Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit	0
Other assets not included in the previous lines	14,761,798
Transactions not recorded in the balance sheet	305,134,878
Total Required Stable Funding (RSF)	0
Amount per effective term of residual maturity | Greater than or equal to 6 months and less than one year
Available stable funding (ASF)
Capital	0
Reference Equity, gross of regulatory deductions	0
Other instruments not included in line 2	0
Ratail funding:	928,202
Stable funding	46,015
Less stable funding	882,187
Wholesale Funding, of which:	37,722,267
Operating deposits and deposits of affiliated cooperatives	0
Other wholesale fundings	37,722,267
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	20,575
Other liabilities, of which:	0
Derivatives whose replacement value is less than zero	0
Other liabilities or shareholders' equity not included in the previous items	0
Total of Available Stable Funding (ASF)	0
Total High Quality Liquid Assets (HQLA)	0
Operating deposits held in other financial institutions	0
Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which:	51,172,541
Transactions with financial institutions collateralized by Level 1 HQLA	0
Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral	2,463,757
Loans and financing granted to wholesale, retail, central government and central bank operations, of which:	46,251,306
Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013	0
Residential real estate financing, of which:	892,290
Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22	892,290
Securities not eligible for HQLA, including shares traded on the stock exchange	1,565,188
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	4,997,705
Other assets, of which:	1,377,311
Operations with gold and commodities, including those with a forecast of physical settlement	0
Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty	0
Derivatives whose replacement value is greater than or equal to zero	0
Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit	0
Other assets not included in the previous lines	1,377,311
Transactions not recorded in the balance sheet	0
Total Required Stable Funding (RSF)	0
Amount per effective term of residual maturity | Greater than or equal to one year
Available stable funding (ASF)
Capital	47,181,305
Reference Equity, gross of regulatory deductions	0
Other instruments not included in line 2	47,181,305
Ratail funding:	3,531,590
Stable funding	467
Less stable funding	3,531,123
Wholesale Funding, of which:	113,139,255
Operating deposits and deposits of affiliated cooperatives	0
Other wholesale fundings	113,139,255
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	203,130
Other liabilities, of which:	0
Derivatives whose replacement value is less than zero	0
Other liabilities or shareholders' equity not included in the previous items	0
Total of Available Stable Funding (ASF)	0
Total High Quality Liquid Assets (HQLA)	0
Operating deposits held in other financial institutions	0
Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which:	237,826,970
Transactions with financial institutions collateralized by Level 1 HQLA	0
Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral	2,351,303
Loans and financing granted to wholesale, retail, central government and central bank operations, of which:	142,375,233
Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013	0
Residential real estate financing, of which:	30,708,792
Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22	30,708,792
Securities not eligible for HQLA, including shares traded on the stock exchange	62,391,642
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	231,882
Other assets, of which:	26,863,862
Operations with gold and commodities, including those with a forecast of physical settlement	0
Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty	9,091,888
Derivatives whose replacement value is greater than or equal to zero	14,140,931
Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit	0
Other assets not included in the previous lines	3,631,043
Transactions not recorded in the balance sheet	0
Total Required Stable Funding (RSF)	0
Weighted Average
Available stable funding (ASF)
Capital	168,471,055
Reference Equity, gross of regulatory deductions	121,289,750
Other instruments not included in line 2	47,181,305
Ratail funding:	232,929,002
Stable funding	120,591,728
Less stable funding	112,337,274
Wholesale Funding, of which:	203,870,597
Operating deposits and deposits of affiliated cooperatives	4,157,051
Other wholesale fundings	199,713,546
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	0
Other liabilities, of which:	2,394,664
Derivatives whose replacement value is less than zero	0
Other liabilities or shareholders' equity not included in the previous items	2,394,664
Total of Available Stable Funding (ASF)	607,665,318
Total High Quality Liquid Assets (HQLA)	10,978,040
Operating deposits held in other financial institutions	0
Securities, securities and transactions with financial institutions, non-financial institutions and central banks, of which:	281,492,138
Transactions with financial institutions collateralized by Level 1 HQLA	558,377
Transactions with financial institutions collateralized by HQLA Level 2A, Level 2B or without collateral	5,077,176
Loans and financing granted to wholesale, retail, central government and central bank operations, of which:	195,963,868
Operations with a Risk Weighting Factor (FPR) of less than or equal to 35%, pursuant to Circular No. 3644, of 2013	0
Residential real estate financing, of which:	20,859,110
Operations that comply with the provisions of Circular No. 3644, of 2013, art. 22	20,859,110
Securities not eligible for HQLA, including shares traded on the stock exchange	59,033,607
Operations in which the institution acts exclusively as an intermediary, assuming no rights or obligations, even if contingent	0
Other assets, of which:	178,448,719
Operations with gold and commodities, including those with a forecast of physical settlement	0
Assets provided as a result of the deposit of initial guarantee margin in operation with derivatives and participation in mutualized guarantee funds of clearing houses and clearing and settlement service providers that are interposed as central counterparty	7,728,105
Derivatives whose replacement value is greater than or equal to zero	0
Derivatives whose replacement value is less than zero, gross of the deduction of any guarantee provided as a result of the margin deposit	806,181
Other assets not included in the previous lines	169,914,433
Transactions not recorded in the balance sheet	11,028,648
Total Required Stable Funding (RSF)	R$ 481947544
NSFR (%)	126.10%

Risk Management (Details 14)

Risk Management (Details 14) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Undiscounted cash flows of financial liabilities
Deposits from banks		R$ 255199712	R$ 293559737
Deposits from customers		357,592,351	272,820,671
Funds from issuance of securities		181,649,293	164,765,133
Subordinated debt		74,880,758	71,775,114
Other financial liabilities		62,598,235	62,439,512	[1]
Total liabilities		931,920,349	865,360,167
1 to 30 days
Undiscounted cash flows of financial liabilities
Deposits from banks		187,971,161	197,275,471
Deposits from customers		154,751,012	141,846,015
Funds from issuance of securities		2,715,463	3,346,915
Subordinated debt		303,419	896,349
Other financial liabilities	[1]	38,764,438	43,606,124
Total liabilities		384,505,493	386,970,874
31 to 180 days
Undiscounted cash flows of financial liabilities
Deposits from banks		11,043,189	17,199,209
Deposits from customers		8,321,457	7,519,939
Funds from issuance of securities		7,704,113	13,222,173
Subordinated debt		83,095	3,705,136
Other financial liabilities	[1]	11,790,526	8,785,744
Total liabilities		38,942,380	50,432,201
181 to 360 days
Undiscounted cash flows of financial liabilities
Deposits from banks		31,568,186	47,240,285
Deposits from customers		51,709,653	16,476,264
Funds from issuance of securities		57,416,558	69,548,689
Subordinated debt		6,290,777	6,942,643
Other financial liabilities	[1]	4,717,811	2,290,146
Total liabilities		151,702,985	142,498,027
From 1 to 5 years
Undiscounted cash flows of financial liabilities
Deposits from banks		18,339,106	25,251,295
Deposits from customers		142,724,058	106,861,185
Funds from issuance of securities		110,993,400	77,143,455
Subordinated debt		25,122,764	27,064,409
Other financial liabilities	[1]	3,672,499	3,711,492
Total liabilities		300,851,827	240,031,836
More than 5 years
Undiscounted cash flows of financial liabilities
Deposits from banks		6,278,070	6,593,477
Deposits from customers		86,171	117,268
Funds from issuance of securities		2,819,759	1,503,901
Subordinated debt		43,080,703	33,166,577
Other financial liabilities	[1]	3,652,961	4,046,006
Total liabilities		R$ 55917664	R$ 45427229
[1]	Include, mainly, credit card transactions, foreign exchange transactions, negotiation and intermediation of securities, finance lease and capitalization bonds.

Risk Management (Details 15)

Risk Management (Details 15) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Undiscounted cash flows for derivatives
Differential of swaps payable	R$ 14813012	R$ 13276763
Non-deliverable forwards	514,607	512,005
Purchased	152,353	284,403
Sold	362,254	227,602
Premiums of options	1,645,350	965,425
Adjustment payables - future	21,283	155,305
Total of derivative liabilities	16,994,252	14,909,498
1 to 30 days
Undiscounted cash flows for derivatives
Differential of swaps payable	1,302,578	279,134
Non-deliverable forwards	96,680	201,115
Purchased	14,062	73,599
Sold	82,618	127,516
Premiums of options	1,001,464	551,220
Adjustment payables - future	21,283	155,305
Total of derivative liabilities	2,422,005	1,186,774
31 to 180 days
Undiscounted cash flows for derivatives
Differential of swaps payable	464,191	125,468
Non-deliverable forwards	141,438	95,761
Purchased	17,695	53,513
Sold	123,743	42,248
Premiums of options	20,355	13,510
Adjustment payables - future	0	0
Total of derivative liabilities	625,984	234,739
181 to 360 days
Undiscounted cash flows for derivatives
Differential of swaps payable	6,428,914	536,406
Non-deliverable forwards	250,176	147,710
Purchased	101,869	90,914
Sold	148,307	56,796
Premiums of options	127,983	34,443
Adjustment payables - future	0	0
Total of derivative liabilities	6,807,073	718,559
From 1 to 5 years
Undiscounted cash flows for derivatives
Differential of swaps payable	6,266,955	12,169,717
Non-deliverable forwards	25,676	66,682
Purchased	18,090	65,640
Sold	7,586	1,042
Premiums of options	123,491	63,052
Adjustment payables - future	0	0
Total of derivative liabilities	6,416,122	12,299,451
More than 5 years
Undiscounted cash flows for derivatives
Differential of swaps payable	350,374	166,038
Non-deliverable forwards	637	737
Purchased	637	737
Sold	0	0
Premiums of options	372,057	303,200
Adjustment payables - future	0	0
Total of derivative liabilities	R$ 723068	R$ 469975

Risk Management (Details 16)

Risk Management (Details 16) - BRL (R$) R$ in Thousands		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Assets
Cash and balances with banks		R$ 107209743		R$ 81742951
Financial assets at fair value through profit or loss		246,161,150	[1]	0
Financial assets at fair value through other comprehensive income		178,050,536	[2]	0
Financial assets held for trading		0		241,710,041
Financial assets available for sale		0		159,412,722
Held to maturity		0		39,006,118
Financial assets pledged as collateral		0		183,975,173
Loans and advances to customers, net of impairment		380,387,076		346,758,099	[3]
Loans and advances to banks, net of impairment		105,248,950		32,247,724	[3]
Securities, net of provision for losses		140,604,738		0
Other financial assets	[4]	43,893,309		41,719,483
Total financial assets		1,201,555,502		1,126,572,311
Liabilities
Deposits from banks		247,313,979		285,957,468
Deposits from customers	[5]	340,748,196		262,008,445
Total		0		14,274,999
Funds from issuance of securities		148,029,018		135,174,090		R$ 151101938
Balance		53,643,444		50,179,401		R$ 52611064
Total technical provisions	[5]	251,578,287		239,089,590
Other financial liabilities	[6]	62,598,235		62,439,512
Financial liabilities at fair value through profit or loss		16,152,087		0
Provision for Expected Loss
Loan Commitments		2,551,676		0
Financial guarantees		719,216		0
Total financial liabilities		1,123,334,138		1,049,123,505
From 1 to 5 years
Assets
Financial assets available for sale				83,816,085
Current
Assets
Total financial assets		539,399,371		531,664,989
Provision for Expected Loss
Total financial liabilities		801,871,600		796,304,508
Current | 1 to 30 days
Assets
Cash and balances with banks		107,209,743		81,742,951
Financial assets at fair value through profit or loss		3,129,166		0
Financial assets at fair value through other comprehensive income		17,262,976		0
Financial assets held for trading		0		15,181,714
Financial assets available for sale		0		2,422,266
Held to maturity		0		7,753
Financial assets pledged as collateral		0		25,977,537
Loans and advances to customers, net of impairment		62,060,766		55,830,036
Loans and advances to banks, net of impairment		32,770,492		23,136,673
Securities, net of provision for losses		1,040,454		0
Other financial assets	[4]	29,524,094		25,375,820
Total financial assets		252,997,691		229,674,750
Liabilities
Deposits from banks		193,135,637		197,177,061
Deposits from customers	[5]	154,046,665		142,525,722
Total		0		13,552,386
Funds from issuance of securities		2,598,083		3,422,727
Balance		7,059		738,929
Total technical provisions	[5]	216,282,259		207,499,559
Other financial liabilities	[6]	38,764,438		43,606,124
Financial liabilities at fair value through profit or loss		15,066,551		0
Provision for Expected Loss
Loan Commitments		0		0
Financial guarantees		0		0
Total financial liabilities		619,900,692		608,522,508
Current | 31 to 180 days
Assets
Cash and balances with banks		0		0
Financial assets at fair value through profit or loss		3,917,446		0
Financial assets at fair value through other comprehensive income		44,288,649		0
Financial assets held for trading		0		10,934,575
Financial assets available for sale		0		9,392,915
Held to maturity		0		2,454
Financial assets pledged as collateral		0		111,922,357
Loans and advances to customers, net of impairment		92,247,120		80,715,548
Loans and advances to banks, net of impairment		68,354,830		3,544,426
Securities, net of provision for losses		2,361,956		0
Other financial assets	[4]	134,393		1,340,567
Total financial assets		211,304,394		217,852,842
Liabilities
Deposits from banks		20,377,472		29,640,587
Deposits from customers	[5]	15,639,175		11,400,607
Total		0		201,643
Funds from issuance of securities		29,410,415		31,299,770
Balance		149,894		9,428,997
Total technical provisions	[5]	2,347,327		2,411,996
Other financial liabilities	[6]	11,790,526		8,785,744
Financial liabilities at fair value through profit or loss		373,896		0
Provision for Expected Loss
Loan Commitments		0		0
Financial guarantees		0		0
Total financial liabilities		80,088,705		93,169,344
Current | 181 to 360 days
Assets
Cash and balances with banks		0		0
Financial assets at fair value through profit or loss		5,425,013
Financial assets at fair value through other comprehensive income		14,212,201		0
Financial assets held for trading		0		5,501,249
Financial assets available for sale		0		19,351,886
Held to maturity		0		19,205
Financial assets pledged as collateral		0		2,543,922
Loans and advances to customers, net of impairment		52,642,217		51,526,092
Loans and advances to banks, net of impairment		1,831,146		3,387,187
Securities, net of provision for losses		855,476		0
Other financial assets	[4]	131,233		1,807,856
Total financial assets		75,097,286		84,137,397
Liabilities
Deposits from banks		13,489,852		31,589,994
Deposits from customers	[5]	42,076,109		10,531,633
Total		0		81,073
Funds from issuance of securities		34,192,057		48,540,240
Balance		6,305,187		640,536
Total technical provisions	[5]	939,034		939,034
Other financial liabilities	[6]	4,717,811		2,290,146
Financial liabilities at fair value through profit or loss		162,153		0
Provision for Expected Loss
Loan Commitments		0		0
Financial guarantees		0		0
Total financial liabilities		101,882,203		94,612,656
Non-current
Assets
Total financial assets		662,156,131		594,907,322
Provision for Expected Loss
Total financial liabilities		321,462,538		252,818,997
Non-current | From 1 to 5 years
Assets
Cash and balances with banks		0		0
Financial assets at fair value through profit or loss		164,553,949		0
Financial assets at fair value through other comprehensive income		67,290,177		0
Financial assets held for trading		0		146,527,365
Financial assets available for sale		0		83,816,085
Held to maturity		0		10,284,940
Financial assets pledged as collateral		0		40,965,417
Loans and advances to customers, net of impairment		124,423,414		114,151,120
Loans and advances to banks, net of impairment		2,292,482		1,754,483
Securities, net of provision for losses		91,922,854		0
Other financial assets	[4]	11,910,297		11,322,882
Total financial assets		462,393,173		408,822,292
Liabilities
Deposits from banks		15,646,679		22,221,075
Deposits from customers	[5]	128,959,777		97,523,112
Total		0		134,649
Funds from issuance of securities		81,108,678		51,142,979
Balance		22,492,556		20,767,242
Total technical provisions	[5]	32,009,667		28,239,001
Other financial liabilities	[6]	3,672,499		3,711,492
Financial liabilities at fair value through profit or loss		177,029		0
Provision for Expected Loss
Loan Commitments		2,551,676		0
Financial guarantees		719,216		0
Total financial liabilities		287,337,777		223,739,550
Non-current | More than 5 years
Assets
Cash and balances with banks		0		0
Financial assets at fair value through profit or loss		61,990,603		0
Financial assets at fair value through other comprehensive income		24,067,050		0
Financial assets held for trading		0		56,173,284
Financial assets available for sale		0		33,391,763
Held to maturity		0		28,691,766
Financial assets pledged as collateral		0		2,565,940
Loans and advances to customers, net of impairment		49,013,559		44,535,303
Loans and advances to banks, net of impairment		0		424,955
Securities, net of provision for losses		44,423,998		0
Other financial assets	[4]	2,193,292		1,872,358
Total financial assets		181,688,502		167,655,369
Liabilities
Deposits from banks		4,664,339		5,328,751
Deposits from customers	[5]	26,470		27,371
Total		0		305,248
Funds from issuance of securities		719,785		768,374
Balance		15,434,005		18,603,697
Total technical provisions	[5]	0		0
Other financial liabilities	[6]	3,652,961		4,046,006
Financial liabilities at fair value through profit or loss		372,458		0
Provision for Expected Loss
Loan Commitments		0		0
Financial guarantees		0		0
Total financial liabilities		24,870,018		29,079,447
Non-current | No stated maturity
Assets
Cash and balances with banks		0		0
Financial assets at fair value through profit or loss		7,144,973		0
Financial assets at fair value through other comprehensive income		10,929,483		0
Financial assets held for trading		0		7,391,854
Financial assets available for sale		0		11,037,807
Held to maturity		0		0
Financial assets pledged as collateral		0		0
Loans and advances to customers, net of impairment		0		0
Loans and advances to banks, net of impairment		0		0
Securities, net of provision for losses		0		0
Other financial assets	[4]	0		0
Total financial assets		18,074,456		18,429,661
Liabilities
Deposits from banks		0		0
Deposits from customers	[5]	0		0
Total		0		0
Funds from issuance of securities		0		0
Balance		9,254,743		0
Total technical provisions	[5]	0		0
Other financial liabilities	[6]	0		0
Financial liabilities at fair value through profit or loss		0		0
Provision for Expected Loss
Loan Commitments		0		0
Financial guarantees		0		0
Total financial liabilities		R$ 9254743		R$ 0
[1]	In 2018, no reclassifications were made of Financial Assets at fair value through profit or loss for other categories of financial assets.
[2]	In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.
[3]	Amounts of loans and receivables are presented net of the provision for impairment losses.
[4]	Includes mainly foreign exchange transactions, debtors for guarantee deposits and negotiation and intermediation of securities;
[5]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;
[6]	Includes mainly credit card transactions, foreign exchange transactions, negotiation and intermediation of securities, finance lease and capitalization bonds.

Risk Management (Details 17)

Risk Management (Details 17) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Total financial assets	R$ 1201555502	R$ 1126572311
Non-current assets held for sale	1,353,330	1,520,973
Investments in associated companies	8,125,799	8,257,384	R$ 7002778
Property and equipment, net of accumulated depreciation	8,826,836	8,432,475	8,397,116
Intangible assets and goodwill, net of accumulated amortization	16,128,548	16,179,307
Taxes to be offset	13,498,264	10,524,575
Deferred income tax assets	48,682,569	43,731,911
Other assets	7,372,866	9,134,504
Total non-financial assets	103,988,212	97,781,129
Total assets	1,305,543,714	1,224,353,440	1,192,029,656
Liabilities
Total financial liabilities	1,123,334,138	1,049,123,505
Other provisions	19,802,171	18,490,727
Current income tax liabilities	2,373,261	2,416,345
Deferred income tax liabilities	1,200,589	1,251,847
Other liabilities	34,157,435	35,377,312
Total non-financial liabilities	57,533,456	57,536,231
Total equity	124,676,120	117,693,704	R$ 105479207	R$ 90914762
Total liabilities and equity	1,305,543,714	1,224,353,440
Current
Assets
Total financial assets	539,399,371	531,664,989
Non-current assets held for sale	1,353,330	1,520,973
Taxes to be offset	3,683,210	4,589,981
Other assets	5,443,840	6,602,669
Total non-financial assets	10,480,380	12,713,623
Total assets	549,879,751	544,378,612
Liabilities
Total financial liabilities	801,871,600	796,304,508
Other provisions	1,846,682	1,349,366
Current income tax liabilities	2,373,261	2,416,345
Deferred income tax liabilities	48,925	36,344
Other liabilities	32,630,277	33,460,225
Total non-financial liabilities	36,899,145	37,262,280
Total liabilities and equity	838,770,745	833,566,788
Non-current
Assets
Total financial assets	662,156,131	594,907,322
Investments in associated companies	8,125,799	8,257,384
Property and equipment, net of accumulated depreciation	8,826,836	8,432,475
Intangible assets and goodwill, net of accumulated amortization	16,128,548	16,179,307
Taxes to be offset	9,815,054	5,934,594
Deferred income tax assets	48,682,569	43,731,911
Other assets	1,929,026	2,531,835
Total non-financial assets	93,507,832	85,067,506
Total assets	755,663,963	679,974,828
Liabilities
Total financial liabilities	321,462,538	252,818,997
Other provisions	17,955,489	17,141,361
Deferred income tax liabilities	1,151,664	1,215,503
Other liabilities	1,527,158	1,917,087
Total non-financial liabilities	20,634,311	20,273,951
Total equity	124,676,120	117,693,704
Total liabilities and equity	R$ 466772969	R$ 390786652

Risk Management (Details 18)

Risk Management (Details 18) - BRL (R$) R$ in Thousands	Dec. 31, 2018		Dec. 31, 2017
Financial assets and liabilities measured at fair value
Brazilian government securities	R$ 206756050		R$ 202249272
Corporate debt and marketable equity securities	9,303,942		12,339,790
Bank debt securities	10,164,454		8,348,269
Mutual funds	3,657,393		4,377,508
Foreign governments securities	849,114		528,010
Brazilian sovereign bonds	659,603		307
Financial assets at fair value through profit or loss	231,390,556		0
Trading securities	0		227,843,156
Derivative financial instruments	14,770,594		13,866,885
Derivative financial instruments (liabilities)	(16,152,087)		(14,274,999)
Derivatives	(1,381,493)		(408,114)
Brazilian government securities	150,818,755		103,281,758
Corporate debt securities	5,975,194		39,978,630
Bank debt securities	5,921,076		1,183,853
Brazilian sovereign bonds	1,564,667		728,127
Mutual funds	2,841,361		0
Foreign governments securities	0		3,202,547
Marketable equity securities and other stocks	10,929,483		11,037,807
Total	178,050,536	[1]	0
Balance on	0		159,412,722
Brazilian government securities	0		53,841,066
Corporate debt securities	0		825,287
Bank debt securities	0		4,904,070
Brazilian sovereign bonds	0		713,555
Financial assets pledged as collateral	0		60,283,978
Total	408,059,599		447,131,742
Level 1
Financial assets and liabilities measured at fair value
Brazilian government securities	202,199,216		198,273,452
Corporate debt and marketable equity securities	3,678,532		3,716,053
Bank debt securities	1,554,257		1,952,015
Mutual funds	3,657,393		4,377,508
Foreign governments securities	849,114		528,010
Brazilian sovereign bonds	659,603		307
Financial assets at fair value through profit or loss	212,598,115		0
Trading securities	0		208,847,345
Derivative financial instruments	34,752		46,601
Derivative financial instruments (liabilities)	(32,434)		0
Derivatives	2,318		46,601
Brazilian government securities	150,778,773		103,237,635
Corporate debt securities	3,761,191		4,786,078
Bank debt securities	5,715,372		1,086,454
Brazilian sovereign bonds	1,564,667		728,127
Mutual funds	2,841,361		0
Foreign governments securities	0		3,202,547
Marketable equity securities and other stocks	5,266,028		4,380,606
Total	169,927,392		0
Balance on	0		117,421,447
Brazilian government securities	0		53,841,066
Corporate debt securities	0		825,287
Bank debt securities	0		4,904,070
Brazilian sovereign bonds	0		713,555
Financial assets pledged as collateral	0		60,283,978
Total	382,527,825		386,599,371
Level 2
Financial assets and liabilities measured at fair value
Brazilian government securities	4,556,831		3,975,816
Corporate debt and marketable equity securities	5,206,852		8,271,295
Bank debt securities	8,610,197		6,396,254
Mutual funds	0		0
Foreign governments securities	0		0
Brazilian sovereign bonds	0		0
Financial assets at fair value through profit or loss	18,373,880		0
Trading securities	0		18,643,365
Derivative financial instruments	14,699,247		13,814,312
Derivative financial instruments (liabilities)	(16,095,752)		(14,264,124)
Derivatives	(1,396,505)		(449,812)
Brazilian government securities	0		0
Corporate debt securities	1,664,892		31,740,856
Bank debt securities	205,704		97,399
Brazilian sovereign bonds	0		0
Mutual funds	0		0
Foreign governments securities	0		0
Marketable equity securities and other stocks	2,649,350		3,261,732
Total	4,519,946		0
Balance on	0		35,099,987
Brazilian government securities	0		0
Corporate debt securities	0		0
Bank debt securities	0		0
Brazilian sovereign bonds	0		0
Financial assets pledged as collateral	0		0
Total	21,497,321		53,293,540
Level 3
Financial assets and liabilities measured at fair value
Brazilian government securities	3		4
Corporate debt and marketable equity securities	418,558		352,442
Bank debt securities	0		0
Mutual funds	0		0
Foreign governments securities	0		0
Brazilian sovereign bonds	0		0
Financial assets at fair value through profit or loss	418,561		0
Trading securities	0		352,446
Derivative financial instruments	36,595		5,972
Derivative financial instruments (liabilities)	(23,901)		(10,875)
Derivatives	12,694		(4,903)
Brazilian government securities	39,982		44,123
Corporate debt securities	549,111		3,451,696
Bank debt securities	0		0
Brazilian sovereign bonds	0		0
Mutual funds	0		0
Foreign governments securities	0		0
Marketable equity securities and other stocks	3,014,105		3,395,469
Total	3,603,198		0
Balance on	0		6,891,288
Brazilian government securities	0		0
Corporate debt securities	0		0
Bank debt securities	0		0
Brazilian sovereign bonds	0		0
Financial assets pledged as collateral	0		0
Total	R$ 4034453		R$ 7238831
[1]	In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.

Risk Management (Details 19)

Risk Management (Details 19) - Level 3 - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reconciliation of all assets and liabilities measured at fair value
Balance on		R$ 3939801	R$ 7238831	R$ 5291960
Included in the statement of income and other comprehensive income		(350,522)	(719,134)	0
Acquisitions		260,215	4,098,466	0
Write-offs		(23,201)	(1,432,461)	0
Transfer with categories	[1]	(3,419,149)	0	0
Transfer levels		233,627	0	0
Derivatives
Reconciliation of all assets and liabilities measured at fair value
Balance on		12,694	(4,903)	(8,617)
Acquisitions		17,597	3,714	0
Financial assets at fair value through profit or loss
Reconciliation of all assets and liabilities measured at fair value
Balance on		418,561	352,446	287,224
Included in the statement of income and other comprehensive income		24,142	15,868	0
Acquisitions		150,950	74,908	0
Write-offs		(22,262)	(25,554)	0
Transfer levels		(86,715)	0	0
Financial assets at fair value through other comprehensive income
Reconciliation of all assets and liabilities measured at fair value
Balance on		3,508,546	6,891,288	5,013,353
Included in the statement of income and other comprehensive income		(374,664)	(735,002)	0
Acquisitions		91,668	4,019,844	0
Write-offs		(939)	(1,406,907)	0
Transfer with categories	[1]	(3,419,149)	0	0
Transfer levels		R$ 320342	R$ 0	R$ 0
[1]	With the adoption of IFRS 9, a significant portion of the debentures that were in the category of available for sale are now measured at amortized cost.

Risk Management (Details 20)

Risk Management (Details 20) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income
Interest and similar income	R$ 87994	R$ 208236	R$ 223682
Net trading gains/(losses) realized and unrealized	(438,516)	(927,370)	(1,384,752)
Total	(350,522)	(719,134)	(1,161,070)
Financial assets at fair value through profit or loss
Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income
Interest and similar income	8,415	0	0
Net trading gains/(losses) realized and unrealized	15,727	0	0
Total	24,142	0	0
Financial assets at fair value through other comprehensive income
Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income
Interest and similar income	79,579	0	0
Net trading gains/(losses) realized and unrealized	(454,243)	0	0
Total	(374,664)	0	0
Financial assets held for trading
Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income
Interest and similar income	0	25,967	16,518
Net trading gains/(losses) realized and unrealized	0	(10,099)	(3,363)
Total	0	15,868	13,155
Financial assets available for sale
Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses, recorded in the consolidated statement of income
Interest and similar income	0	182,269	207,164
Net trading gains/(losses) realized and unrealized	0	(917,271)	(1,381,389)
Total	R$ 0	R$ 735002	R$ 1174225

Risk Management (Details 21)

Risk Management (Details 21) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Impact on income | Scenario 1
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	R$ 7	R$ 8
Equities	[1]	(1,748)	(1,351)
Impact on income | Scenario 2
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	(1,491)	(1,931)
Equities	[1]	(43,705)	(33,783)
Impact on income | Scenario 3
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	(2,669)	(3,482)
Equities	[1]	(87,410)	(67,567)
Impact on shareholders’ equity | Scenario 1
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	(102)	(63)
Price indexes	[1]	(16)	(10)
Equities	[1]	(15,987)	(17,825)
Impact on shareholders’ equity | Scenario 2
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	(20,473)	(14,873)
Price indexes	[1]	(1,750)	(1,269)
Equities	[1]	(399,669)	(445,615)
Impact on shareholders’ equity | Scenario 3
Sensitivity analysis for financial assets classified as Level 3
Interest rate in Reais	[1]	(36,901)	(26,345)
Price indexes	[1]	(3,296)	(2,394)
Equities	[1]	R$ 799338	R$ 891231
[1]	Values net of taxes.

Risk Management (Details 22)

Risk Management (Details 22) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017		Dec. 31, 2016
Financial assets - Financial assets pledged as collateral
Securities purchased under agreements to resell		R$ 0	R$ 123691195
Held to maturity		0	39,006,118
Loans and receivables
Loans and advances to banks, net of impairment		105,248,950	32,247,724	[1]
Loans and advances to customers, net of impairment		380,387,076	346,758,099	[1]
Securities at amortized cost		140,604,738	0
Financial liabilities
Deposits from banks		247,313,979	285,957,468
Deposits from customers	[2]	340,748,196	262,008,445
Funds from issuance of securities		148,029,018	135,174,090		R$ 151101938
Balance		53,643,444	50,179,401		R$ 52611064
Fair Value
Financial assets - Financial assets pledged as collateral
Securities purchased under agreements to resell		0	123,691,195
Held to maturity		0	41,146,271
Loans and receivables
Loans and advances to banks, net of impairment		105,248,950	32,247,724	[1]
Loans and advances to customers, net of impairment		381,797,390	346,633,592	[1]
Securities at amortized cost		146,923,659	0
Financial liabilities
Deposits from banks		248,216,967	285,716,505
Deposits from customers		340,512,921	261,760,442
Funds from issuance of securities		147,572,438	134,890,631
Balance		54,081,544	51,012,436
Fair Value | Level 1
Financial assets - Financial assets pledged as collateral
Held to maturity		0	29,182,489
Loans and receivables
Securities at amortized cost		90,337,827	0
Fair Value | Level 2
Financial assets - Financial assets pledged as collateral
Securities purchased under agreements to resell		0	123,691,195
Held to maturity		0	11,963,782
Loans and receivables
Loans and advances to banks, net of impairment		105,248,950	32,247,724	[1]
Securities at amortized cost		50,758,010	0
Fair Value | Level 3
Loans and receivables
Loans and advances to customers, net of impairment		381,797,390	346,633,592	[1]
Securities at amortized cost		5,827,822	0
Financial liabilities
Deposits from banks		248,216,967	285,716,505
Deposits from customers		340,512,921	261,760,442
Funds from issuance of securities		147,572,438	134,890,631
Balance		R$ 54081544	R$ 51012436
[1]	Amounts of loans and receivables are presented net of the provision for impairment losses.
[2]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;

Risk Management (Details 23)

Risk Management (Details 23) - Prudential - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Calculation basis - Capital Adequacy Ratio
Tier I capital		R$ 90322147	R$ 80084744
Common Equity		81,090,060	75,079,777
Shareholders' equity		121,120,869	110,457,476
Minority / Other		169,606	68,072
Prudential adjustments	[1]	(40,200,415)	(35,445,771)
Additional Capital	[2]	9,232,087	5,004,967
Tier II capital		27,618,026	24,588,090
Subordinated debts (Resolution No. 4.192/13)		22,416,933	16,947,024
Subordinated debts (prior to Resolution No. 4.192/13)		5,201,093	7,641,066
Reference Equity (a)		117,940,173	104,672,834
Credit risk		598,057,619	554,928,771
Market risk	[3]	10,407,258	8,908,205
Operational risk		53,150,786	47,605,162
Risk-weighted assets - RWA (b)		661,615,663	611,442,138
Banking Book's Interest Rate Risk		5,180,343	3,527,467
Margin (Capital Buffer)	[4]	R$ 34911835	R$ 34226583
Basel ratio (a/b)		17.80%	17.10%
Tier I capital		13.70%	13.10%
- Principal capital		12.30%	12.30%
- Additional Capital		1.40%	0.80%
Tier II capital		4.20%	4.00%
[1]	As from January 2018, the factor applied to prudential adjustments went from 80% to 100%, according to the timeline for application of deductions of prudential adjustments, defined in Article 11 of Resolution No. 4,192/13. Includes the positive effects of Resolution No. 4,680/18, reducing the impact of deferred tax assets arising from tax losses;
[2]	Authorization of subordinated debts to compose Tier I in the amount of R$4,179 thousand (R$1,737 thousand in December 2018 and R$2,442 thousand in January 2019).
[3]	For purposes of calculation of the market risk, the capital requirement will be the maximum between the internal model and 80% of the standard model, pursuant to Circular Letters No. 3,646 and 3,674 of the Central Bank of Brazil;
[4]	Margin: Minimum (PR - PRE; PR Level I - RWA*6%; PR - RWA*4.5%) - Additional Common Equity;

Risk Management (Details 24)

Risk Management (Details 24) - Prudential - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Risk-weighted assets (RWA)
Credit risk		R$ 598057619	R$ 554928771
Risk Weight of 0%		0	0
Risk Weight of 2%		83,052	314,012
Risk Weight of 20%		3,229,634	2,224,147
Risk Weight of 35%		11,393,716	10,208,602
Risk Weight of 50%		32,072,200	25,635,506
Risk Weight of 75%		130,208,551	114,553,059
Risk Weight of 85%		115,191,858	105,938,759
Risk Weight of 100%		265,578,016	261,909,360
Risk Weight of 250%		30,408,772	28,139,531
Risk Weight of 300%		6,634,117	2,920,531
FORMULA	[1]	3,250,205	0
Risk Weight up to 1,250%		7,498	3,085,264
Market risk	[2]	10,407,258	8,908,205
Fixed-rate in Reais		3,621,542	5,696,584
Foreign Currency Coupon		6,949,809	838,259
Price Index Coupon		1,399,478	1,756,973
Equities		1,087,814	637,924
Commodities		757,438	449,546
Exposure to Gold, Foreign Currencies and Exchange		4,424,487	3,657,957
Operational risk		53,150,786	47,605,162
Corporate Finance		1,655,552	1,369,491
Trading and Sales		2,443,551	1,667,449
Retail		10,032,258	9,308,681
Commercial		23,508,471	21,518,843
Payment and Settlement		6,834,660	6,132,749
Financial Agent Services		4,055,903	3,628,257
Asset Management		4,465,702	3,827,848
Retail Brokerage		154,689	151,844
Total Risk Weighted Assets		661,615,663	611,442,138
Total Capital Requirement		(57,064,351)	(56,558,398)
Banking Book's Interest Rate Risk		(5,180,343)	(3,527,467)
Addicional Common equity (ACPS)	[3]	15,713,372	9,171,632
ACP Conservation		12,405,294	7,643,027
ACP Systemic		R$ 3308078	R$ 1528605
[1]	For purposes of calculation of the market risk, Circular Letters No. 3,848 (DLO accounts 535,01 and 530,22) and No. 3,849 (DLO accounts 530,22) of Central Bank of Brazil were used;
[2]	For purposes of calculation of the market risk, the capital requirement will be the maximum between the internal model and 80% of the standard model, pursuant to Circular Letters No. 3,646 and 3,674 of the Central Bank of Brazil;
[3]	In 2018, the value of the conservation ACP represents 1.875% of the amount of RWA. The systemic ACP represents 0.50% of the amount of RWA Systemic Relevance Factor determined according to Circular Letter No. 3,768 of the Central Bank of Brazil - Total Exposure and GDP of the year before last in relation to the base date: R$1.1 trillion and R$6.3 trillion, respectively. The contracyclical ACP remained at 0% of the amount of RWA, pursuant to Communication No. 32,139 of Central Bank of Brazil, where the RWA of the loan risk to the non-banking private sector (RWACPrNB) is R$528.3 billion in Brazil.

Risk Management (Details 25)

Risk Management (Details 25) R$ in Thousands	12 Months Ended
	Dec. 31, 2018BRL (R$)
Interest rate
Sensibility test for Life Insurance with Survival
Percentage adjustment to each assumption:	Variation of -5%
Traditional plans (contributing period)	R$ 2306
PGBL and VGBL (contributing period)	(7,502)
All plans(retirement benefit period)	(125,864)
Total	R$ 135672
Longevity
Sensibility test for Life Insurance with Survival
Percentage adjustment to each assumption:	0.2 % .
Traditional plans (contributing period)	R$ 263
PGBL and VGBL (contributing period)	(1,166)
All plans(retirement benefit period)	(46,742)
Total	R$ 48171
Conversion to income
Sensibility test for Life Insurance with Survival
Percentage adjustment to each assumption:	+ 5 b.p.
Traditional plans (contributing period)	R$ 4882
PGBL and VGBL (contributing period)	(27,316)
Total	R$ 32198

Risk Management (Details 26)

Risk Management (Details 26) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Gross of reinsurance | Auto
Reinsurance
Reinsurance	R$ 21721	R$ 22347
Gross of reinsurance | RE (Elementary branch)
Reinsurance
Reinsurance	(8,366)	(9,940)
Gross of reinsurance | Life
Reinsurance
Reinsurance	(29,633)	(28,146)
Gross of reinsurance | Dental
Reinsurance
Reinsurance	(3,941)	(3,495)
Gross of reinsurance | Health
Reinsurance
Reinsurance	(104,574)	(97,923)
Net of reinsurance | Auto
Reinsurance
Reinsurance	(21,721)	(22,347)
Net of reinsurance | RE (Elementary branch)
Reinsurance
Reinsurance	(7,980)	(8,893)
Net of reinsurance | Life
Reinsurance
Reinsurance	(29,541)	(28,050)
Net of reinsurance | Dental
Reinsurance
Reinsurance	(3,941)	(3,495)
Net of reinsurance | Health
Reinsurance
Reinsurance	R$ 104574	R$ 97923

Risk Management (Details 27)

Risk Management (Details 27) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Auto
Premium issued by branch, net of cancellation
Insurance	R$ 3987645	R$ 4086705
RE (Elementary branch)
Premium issued by branch, net of cancellation
Insurance	1,485,537	1,525,848
Tradicional plans
Premium issued by branch, net of cancellation
Insurance	1,892,855	1,788,420
Life and Pension
Premium issued by branch, net of cancellation
Insurance	7,041,906	6,904,576
VGBL
Premium issued by branch, net of cancellation
Insurance	23,492,119	28,650,153
PGBL
Premium issued by branch, net of cancellation
Insurance	R$ 2461808	R$ 3301623

Operating segments (Details 1)

Operating segments (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Information by operating segment
Net interest income		R$ 66808470	R$ 50642913	R$ 56662989
Net fee and commission income		23,831,590	22,748,828	20,341,051
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss		(11,676,573)	0	0
Net gains/(losses) on financial instruments classified as held for trading		0	9,623,108	16,402,770
Net gains/(losses) on financial assets at fair value through other comprehensive income		1,073,563	0	0
Net gains/(losses) on financial instruments classified as available for sale		0	570,358	(1,341,400)
Net gain / (loss) on held-to-maturity investments		0	(54,520)	0
Net gains/(losses) on foreign currency transactions		1,096,826	1,422,957	150,757
Net income from insurance and pension plans		7,656,872	6,239,990	4,155,763
Other operating income/(loss)		(1,849,312)	17,801,893	19,367,890
Expected loss on loans and advances		(15,091,975)	0	0
Impairment of loans and advances		0	(16,860,835)	(15,350,278)
Expected loss on other financial assets		(1,172,860)	0	0
Personnel expenses	[1]	(18,871,462)	(20,723,265)	(17,003,783)
Other administrative expenses		(16,873,962)	(16,882,461)	(16,149,563)
Depreciation and amortization		(4,808,255)	(4,568,568)	(3,658,413)
Other operating income/(expenses)		(14,210,594)	(10,133,357)	(14,004,162)
Other operating expense		(71,029,108)	(69,168,486)	(66,166,199)
Income before income taxes and share of profit of associates and joint ventures		17,761,640	22,025,148	30,205,731
Equity in net income of associates		1,680,375	1,718,411	1,699,725
Income before income taxes		19,442,015	23,743,559	31,905,456
Income tax and social contribution		(2,693,576)	(6,428,956)	(13,912,730)
Net income for the year		16,748,439	17,314,603	17,992,726
Attributable to controlling shareholders		16,583,915	17,089,364	17,894,249
Attributable to non-controlling interest		164,524	225,239	98,477
Total assets		1,305,543,714	1,224,353,440	1,192,029,656
Investment book value		8,125,799	8,257,384	7,002,778
Total liabilities		1,180,867,594	1,106,659,736	1,086,550,449
Banking
Information by operating segment
Net interest income		53,582,872	46,997,327	49,156,109
Net fee and commission income		25,496,171	24,143,561	20,696,785
Net gains/(losses) on financial instruments classified as held for trading		(6,217,370)	6,011,351	14,918,934
Net gains/(losses) on financial instruments classified as available for sale		625,159	(685,560)	(1,417,647)
Net gain / (loss) on held-to-maturity investments		0	(54,520)	0
Net gains/(losses) on foreign currency transactions		1,096,826	1,422,957	150,757
Other operating income/(loss)		(4,495,385)	6,694,228	13,652,044
Impairment of loans and advances		(11,078,383)	(17,895,929)	(18,829,460)
Personnel expenses		(17,369,813)	(19,261,590)	(15,733,611)
Other administrative expenses		(16,290,073)	(17,175,352)	(14,979,689)
Depreciation and amortization		(5,575,203)	(5,555,033)	(3,786,599)
Other operating income/(expenses)		(11,439,378)	(9,282,411)	(14,421,152)
Other operating expense		(61,752,850)	(69,170,315)	(67,750,511)
Income before income taxes and share of profit of associates and joint ventures		12,830,808	8,664,801	15,754,427
Equity in net income of associates		1,410,004	1,497,268	1,538,058
Income before income taxes		14,240,812	10,162,069	17,292,485
Income tax and social contribution		(206,385)	(887,289)	(7,995,420)
Net income for the year		14,034,427	9,274,780	9,297,065
Attributable to controlling shareholders		14,034,093	9,272,962	9,293,766
Attributable to non-controlling interest		334	1,818	3,299
Total assets		1,057,484,986	988,063,541	921,916,290
Investment book value		6,235,329	6,364,246	5,512,372
Total liabilities		934,863,960	875,887,257	821,182,152
Insurance, pension and capitalization bonds
Information by operating segment
Net interest income		12,291,357	1,857,926	5,374,229
Net fee and commission income		600,510	787,014	651,482
Net gains/(losses) on financial instruments classified as held for trading		(5,459,203)	3,641,626	1,250,639
Net gains/(losses) on financial instruments classified as available for sale		738,063	713,425	805,051
Net income from insurance and pension plans		7,656,872	6,239,990	4,155,763
Other operating income/(loss)		2,935,732	10,595,041	6,211,453
Personnel expenses		(1,643,734)	(1,589,077)	(1,387,935)
Other administrative expenses		(1,609,750)	(1,391,439)	(1,331,349)
Depreciation and amortization		(411,875)	(393,618)	(365,656)
Other operating income/(expenses)		(1,596,743)	(889,065)	243,631
Other operating expense		(5,262,102)	(4,263,199)	(2,841,309)
Income before income taxes and share of profit of associates and joint ventures		10,565,497	8,976,782	9,395,855
Equity in net income of associates		206,272	217,035	168,691
Income before income taxes		10,771,769	9,193,817	9,564,546
Income tax and social contribution		(4,382,847)	(4,156,153)	(3,915,822)
Net income for the year		6,388,922	5,037,664	5,648,724
Attributable to controlling shareholders		6,224,398	4,812,425	5,550,662
Attributable to non-controlling interest		164,524	225,239	98,062
Total assets		305,112,189	295,699,951	266,642,197
Investment book value		1,837,899	1,847,099	1,416,617
Total liabilities		271,320,375	257,329,282	266,143,979
Other operations, adjustments and eliminations
Information by operating segment
Net interest income	[2]	934,241	1,787,660	2,132,651
Net fee and commission income	[2]	(2,265,091)	(2,181,747)	(1,007,216)
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss	[2]	(11,676,573)	0	0
Net gains/(losses) on financial instruments classified as held for trading	[2]	11,676,573	(29,869)	233,197
Net gains/(losses) on financial assets at fair value through other comprehensive income	[2]	1,073,563	0	0
Net gains/(losses) on financial instruments classified as available for sale	[2]	(1,363,222)	542,493	(728,804)
Other operating income/(loss)	[2]	(289,659)	512,624	(495,607)
Expected loss on loans and advances	[2]	(15,091,975)
Impairment of loans and advances	[2]	11,078,383	1,035,094	3,479,182
Expected loss on other financial assets	[2]	(1,172,860)	0	0
Personnel expenses	[2]	142,085	127,402	117,763
Other administrative expenses	[2]	1,025,861	1,684,330	161,475
Depreciation and amortization	[2]	1,178,823	1,380,083	493,842
Other operating income/(expenses)	[2]	(1,174,473)	38,119	173,359
Other operating expense	[2]	(4,014,156)	4,265,028	4,425,621
Income before income taxes and share of profit of associates and joint ventures	[2]	(5,634,665)	4,383,565	5,055,449
Equity in net income of associates	[2]	64,099	4,108	(7,024)
Income before income taxes	[2]	(5,570,566)	4,387,673	5,048,425
Income tax and social contribution	[2]	1,895,656	(1,385,514)	(2,001,488)
Net income for the year	[2]	(3,674,910)	3,002,159	3,046,937
Attributable to controlling shareholders	[2]	(3,674,576)	3,003,977	3,049,821
Attributable to non-controlling interest	[2]	(334)	(1,818)	(2,884)
Total assets	[2]	(57,053,461)	(59,410,052)	3,471,169
Investment book value	[2]	52,571	46,039	73,789
Total liabilities	[2]	R$ 25316741	R$ 26556803	R$ 775682
[1]	In 2017, includes the effects of the Special Voluntary Termination Plan.
[2]	Other operation represents less than 1% of total assets/liabilities and the net income for the year. The main adjustments from the information disclosed in segments columns are related to the difference between the IFRS and the Segment Report Information as impairment for loans and advance, effective interest rate and proportional consolidation.

Operating segments (Details Tex

Operating segments (Details Text)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating Segments Details Text [Abstract]
Total assets/liabilities and the net income for the year	1.00%
No income from transactions with a single customer or counterparty abroad	10.00%	10.00%	10.00%

Net interest income (Details 1)

Net interest income (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest And Similar Income [Abstract]
Loans and advances to banks	R$ 9546878	R$ 5073435	R$ 8689348
Loans and advances to customers:
- Loans	61,949,949	64,767,081	69,530,396
- Leases	250,791	254,009	343,626
Financial assets:
- At fair value through profit or loss	17,538,227	0	0
- Fair value through other comprehensive income	16,666,298	0	0
- At amortized cost	12,120,868	0	0
- For trading	0	13,684,574	23,576,526
- Available for sale	0	11,351,320	11,572,618
- Held to maturity	0	4,883,103	6,514,933
Pledged as collateral	0	21,268,934	21,739,202
Compulsory deposits with the Central Bank	3,916,299	4,881,319	5,667,516
Other financial interest income	63,829	68,553	66,210
Total	122,053,139	126,232,328	147,700,375
Deposits from banks:
- Interbank deposits	(137,154)	(152,550)	(127,617)
- Funding in the open market	(15,094,786)	(22,564,515)	(26,767,039)
- Borrowings and onlending	(3,176,469)	(3,068,552)	(3,865,411)
Deposits from customers:
- Savings accounts	(4,646,528)	(5,730,457)	(6,712,509)
- Time deposits	(6,252,440)	(7,536,161)	(8,746,203)
Funds from issuance of securities	(9,054,699)	(13,262,613)	(17,124,502)
Subordinated debt	(3,517,067)	(5,100,017)	(6,298,555)
Insurance technical provisions and pension plans	(13,365,526)	(18,174,550)	(21,395,550)
Total	(55,244,669)	(75,589,415)	(91,037,386)
Net interest income	R$ 66808470	R$ 50642913	R$ 56662989

Net fee and commission income_2

Net fee and commission income (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net fee and commission income [Abstract]
Credit cards	R$ 6951609	R$ 6848855	R$ 6251963
Current accounts	7,165,667	6,652,711	6,030,640
Collections	1,982,037	1,965,601	1,777,515
Guarantees	1,463,423	1,570,522	1,438,409
Asset management	1,525,280	1,463,469	1,079,653
Consortium management	1,683,942	1,526,660	1,278,753
Custody and brokerage services	916,083	754,966	618,750
Underwriting/ Financial Advisory Services	815,242	801,219	733,530
Payments	448,416	409,267	373,639
Other	879,891	755,558	758,199
Total	R$ 23831590	R$ 22748828	R$ 20341051

Net gains_(losses) on financi_9

Net gains/(losses) on financial assets and liabilities at fair value through profit or loss (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss [Abstract]
Fixed income securities	R$ 1360349
Derivative financial instruments	(10,543,169)
Equity securities	226,945
Total	R$ 11676573	R$ 0	R$ 0

Net gains_(losses) on financ_10

Net gains/(losses) on financial instruments classified as held for trading (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gains/(losses) on financial instruments classified as held for trading [Abstract]
Fixed income securities		R$ 9862617	R$ 4654959
Derivative financial instruments		(1,426,160)	10,887,800
Equity securities		1,186,651	860,011
Total	R$ 0	R$ 9623108	R$ 16402770

Net gains_(losses) on financ_11

Net gains/(losses) on financial assets at fair value through other comprehensive income (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gains/(losses) on financial assets at fair value through other comprehensive income [Abstract]
Fixed income securities	R$ 345987
Equity securities	677,312
Dividends received	50,264
Total	R$ 1073563	R$ 0	R$ 0

Net gains_(losses) on financ_12

Net gains/(losses) on financial instruments classified as available for sale (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gains/(losses) on financial instruments classified as available for sale [Abstract]
Fixed income securities	[1]		R$ 49963	R$ 1918595
Equity securities	[1]		437,054	459,223
Dividends received			83,341	117,972
Total		R$ 0	R$ 570358	R$ 1341400
[1]	In 2017, includes impairment losses of R$1,729,039 thousand and, in 2016, R$2,106,107 thousand.

Net gains_(losses) on financ_13

Net gains/(losses) on financial instruments classified as available for sale (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Net Gainslosses On Financial Instruments Classified As Available For Sale Details Text [Abstract]
Net gains/(losses) on financial instruments classified as available for sale - impairment losses	R$ 1729039	R$ 2106107

Net income from insurance and_3

Net income from insurance and pension plans (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net income from insurance and pension plans [Abstract]
Written premiums	R$ 62736288	R$ 65864591	R$ 62470571
Supplemental pension plan contributions	4,441,813	5,090,043	3,679,922
Granted coinsurance premiums	(47,232)	(49,715)	(70,862)
Refunded premiums	(769,311)	(667,196)	(746,244)
Net written premiums earned	66,361,558	70,237,723	65,333,387
Reinsurance premiums paid	(91,463)	(191,088)	(306,265)
Premiums retained from insurance and pension plans	66,270,095	70,046,635	65,027,122
Changes in the provision for insurance	(25,837,488)	(30,435,868)	(29,729,884)
Changes in the provision for private pension plans	(3,571,734)	(4,369,903)	(3,052,034)
Changes in the insurance technical provisions and pension plans	(29,409,222)	(34,805,771)	(32,781,918)
Reported indemnities	(26,463,800)	(25,924,687)	(24,877,804)
Claims expenses	(67,298)	(36,068)	(119,201)
Recovery of ceded coinsurance	117,703	35,332	65,285
Recovery of reinsurance	18,786	116,913	141,711
Salvage recoveries	491,559	488,057	451,930
Changes in the IBNR provision	(121,320)	(274,509)	(204,354)
Retained claims	(26,024,370)	(25,594,962)	(24,542,433)
Commissions on premiums	(2,655,101)	(2,700,131)	(2,696,002)
Recovery of commissions	12,411	19,334	29,927
Fees	(353,139)	(403,835)	(489,279)
Brokerage expenses - private pension plans	(125,770)	(153,552)	(167,654)
Changes in deferred commissions	(58,032)	(167,728)	(224,000)
Selling expenses for insurance and pension plans	(3,179,631)	(3,405,912)	(3,547,008)
Net income from insurance and pension plans	R$ 7656872	R$ 6239990	R$ 4155763

Personnel expenses (Details 1)

Personnel expenses (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Classes of employee benefits expense [abstract]
Salaries		R$ 8350461	R$ 9170556	R$ 8236617
Benefits		(4,383,644)	(5,385,133)	(3,625,796)
Social security charges		(2,997,889)	(3,505,290)	(2,862,067)
Employee profit sharing		(1,682,868)	(1,572,472)	(1,451,310)
Provision for labor claims		(1,289,664)	(927,136)	(663,124)
Training		(166,936)	(162,678)	(164,869)
Total	[1]	R$ 18871462	R$ 20723265	R$ 17003783
[1]	In 2017, includes the effects of the Special Voluntary Termination Plan.

Other administrative expenses_2

Other administrative expenses (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Administrative Expense [Abstract]
Outsourced services	R$ 4598748	R$ 4748308	R$ 4871194
Communication	(1,541,742)	(1,684,153)	(1,653,055)
Data processing	(2,398,676)	(2,117,085)	(1,612,454)
Advertising and marketing	(1,136,062)	(942,851)	(1,124,659)
Asset maintenance	(1,112,508)	(1,158,840)	(1,060,856)
Financial system	(1,009,209)	(1,033,017)	(1,047,618)
Rental	(1,142,408)	(1,142,166)	(1,027,561)
Security and surveillance	(748,577)	(818,221)	(736,547)
Transport	(749,685)	(782,444)	(719,842)
Water, electricity and gas	(412,789)	(405,515)	(384,069)
Advances to FGC (Deposit Guarantee Association)	(408,335)	(418,670)	(355,540)
Supplies	(216,768)	(263,527)	(321,509)
Travel	(286,731)	(261,911)	(174,772)
Other	(1,111,724)	(1,105,753)	(1,059,887)
Total	R$ 16873962	R$ 16882461	R$ 16149563

Depreciation and amortization_2

Depreciation and amortization (Details 1) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Depreciation and amortization (Tables) [Abstract]
Amortization expenses	R$ 3348242	R$ 3331240	R$ 2516777
Depreciation	(1,460,013)	(1,237,328)	(1,141,636)
Total	R$ 4808255	R$ 4568568	R$ 3658413

Other operating income_(expen_3

Other operating income/(expenses) (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other operating income/(expenses) [Abstract]
Tax expenses		R$ 6096899	R$ 5960618	R$ 6331651
Legal provision		(1,836,429)	(1,238,057)	(2,927,734)
Variation in monetary liabilities		(147,642)	31,710	(699,719)
Income from sales of non-current assets, investments, and property and equipment, net		(614,895)	(412,957)	(467,042)
Other	[1]	(5,514,729)	(2,553,435)	(3,578,016)
Total		R$ 14210594	R$ 10133357	R$ 14004162
[1]	Includes: (i) the effect of the (additions)/reversal of provision for tax contingency in 2018 - R$(21,188) thousand (2017 - R$(487,269) thousand; 2016 - R$(484,227) thousand); (ii) impairment losses in the amount of 2018 - R$571,321 thousand (2017 - R$185,188 thousand; 2016 - R$31,256 thousand); and (iii) operating expense related of insurance operation in 2018 - R$1,976,347 thousand (2017 - R$1,354,719 thousand and 2016 - R$1,388,645 thousand).

Other operating income_(expen_4

Other operating income/(expenses) (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Operating Incomeexpenses Details Text [Abstract]
Effect of the (additions)/reversal of provision for tax contingency	R$ 21188	R$ 487269	R$ 484227
Impairment losses in the amount	571,321	185,188	31,256
Operating expense related of insurance operation	R$ 1976347	R$ 1354719	R$ 1388645

Income tax and social contrib_3

Income tax and social contribution (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Calculation Of Income Tax And Social Contribution Charges [Abstract]
Income before income tax and social contribution		R$ 19442015	R$ 23743559	R$ 31905456
Total burden of income tax and social contribution at the current rates	[1]	(8,748,907)	(10,684,602)	(14,357,455)
Effect of additions and exclusions in the tax calculation:
Earnings (losses) of associates and joint ventures		756,169	773,285	764,876
Interest on shareholders' equity (paid and payable)		3,284,368	3,241,955	3,139,102
Other amounts	[2]	2,014,794	240,406	(3,459,253)
Income tax and social contribution		R$ 2693576	R$ 6428956	R$ 13912730
Effective rate		13.90%	27.10%	43.60%
[1]	Current rates: (i) 25% for income tax; (ii) 20% for the social contribution to financial and equated companies, and the insurance industry, and 9% for the other companies (Note 2t);
[2]	Primarily, includes: (i) the exchange rate variation of assets and liabilities, derived from investments abroad; (ii) the equalization of the effective rate in relation to the rate of 45%, shown; and (iii) the deduction incentives.

Income tax and social contrib_4

Income tax and social contribution (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current Taxes [Abstract]
Income tax and social contribution payable	R$ 5657841	R$ 8788060	R$ 8852947
Deferred taxes:
Net Addition/(realization) of temporary differences	1,288,642	2,950,961	(4,106,008)
Use of opening balances of:
Social contribution loss	(313,223)	(430,584)	(647,282)
Income tax loss	(343,791)	(331,512)	(879,276)
Addition on:
Social contribution loss	870,717	150,371	234,730
Income tax loss	1,461,920	19,868	338,053
Total deferred tax expense	2,964,265	2,359,104	(5,059,783)
Income tax and social contribution	R$ 2693576	R$ 6428956	R$ 13912730

Income tax and social contrib_5

Income tax and social contribution (Details 3) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017		Dec. 31, 2016
Amount recorded
Deferred income tax and social contribution
Provisions of impairment of loans and advances		R$ 11554370	R$ 12264028
Provision for contingencies		1,835,387	1,782,500
Adjustment to market value of securities		960,026	1,724,016
Other		2,881,845	4,773,082
Total tax assets on temporary differences	[1]	17,231,628	20,543,626
Income tax and social contribution losses in Brazil and abroad	[1]	2,332,637	170,239
Adjustment to market value of available for sale	[1]	0	576,732
Total deferred tax assets	[2]	19,564,265	21,290,597
Deferred tax liabilities	[2]	2,231,551	3,557,618
Net deferred taxes	[2]	17,332,714	17,732,979
Realized / Decrease
Deferred income tax and social contribution
Provisions of impairment of loans and advances		(6,415,433)	8,771,818	[3]
Provision for contingencies		(1,527,145)	1,907,251	[3]
Adjustment to market value of securities		(2,599,972)	3,268,623	[3]
Other		(3,571,427)	3,644,973	[3]
Total tax assets on temporary differences	[1]	(14,113,977)	17,592,665	[3]
Income tax and social contribution losses in Brazil and abroad	[1]	(657,014)	762,096	[3]
Adjustment to market value of available for sale	[1]	0	1,069,900	[3]
Total deferred tax assets	[2]	(14,770,991)	19,424,661	[3]
Deferred tax liabilities	[2]	(2,440,193)	817,831	[3]
Net deferred taxes	[2]	(12,330,798)	18,606,830	[3]
Balance on
Deferred income tax and social contribution
Provisions of impairment of loans and advances		31,642,800	26,503,863		R$ 23011653
Provision for contingencies		7,534,725	7,226,483		7,351,234
Adjustment to market value of securities		2,303,929	3,943,875		5,488,482
Other		5,119,984	5,809,566		4,681,457
Total tax assets on temporary differences	[1]	46,601,438	43,483,787		40,532,826
Income tax and social contribution losses in Brazil and abroad	[1]	6,679,495	5,003,872		5,595,729
Adjustment to market value of available for sale	[1]	0	0		493,168
Total deferred tax assets	[2]	53,280,933	48,487,659		46,621,723
Deferred tax liabilities	[2]	5,798,953	6,007,595		3,267,808
Net deferred taxes	[2]	R$ 47481980	R$ 42480064		R$ 43353915
[1]	Deferred tax assets of financial and insurance companies were established considering the increase of the social contribution rate, determined by Law No. 11,727/08(Note 2t);
[2]	Deferred income and social contribution tax assets and liabilities are offset in the balance sheet by taxable entity, and were R$4,598,364 thousand in 2018 and R$4,755,748 thousand in 2017;
[3]	Includes a write-off of tax credits, in 2017, in the amount of R$150,040 thousand.

Income tax and social contrib_6

Income tax and social contribution (Details 4) R$ in Thousands	12 Months Ended
	Dec. 31, 2018BRL (R$)
Temporary differences
Expected realization of deferred tax assets
Income tax	R$ 29181139
Social contribution	17,420,299
Temporary differences | 2019
Expected realization of deferred tax assets
Income tax	8,608,743
Social contribution	5,151,718
Temporary differences | 2020
Expected realization of deferred tax assets
Income tax	7,446,071
Social contribution	4,453,270
Temporary differences | 2021
Expected realization of deferred tax assets
Income tax	6,271,093
Social contribution	3,750,046
Temporary differences | 2022
Expected realization of deferred tax assets
Income tax	4,666,854
Social contribution	2,793,181
Temporary differences | 2023
Expected realization of deferred tax assets
Income tax	1,865,064
Social contribution	1,078,151
Temporary differences | After 2023
Expected realization of deferred tax assets
Income tax	323,314
Social contribution	193,933
Income tax and Social contribution losses
Expected realization of deferred tax assets
Income tax	3,736,137
Social contribution	2,943,358
Income tax and Social contribution losses | 2019
Expected realization of deferred tax assets
Income tax	173,339
Social contribution	116,422
Income tax and Social contribution losses | 2020
Expected realization of deferred tax assets
Income tax	209,055
Social contribution	125,180
Income tax and Social contribution losses | 2021
Expected realization of deferred tax assets
Income tax	373,951
Social contribution	222,054
Income tax and Social contribution losses | 2022
Expected realization of deferred tax assets
Income tax	693,635
Social contribution	412,132
Income tax and Social contribution losses | 2023
Expected realization of deferred tax assets
Income tax	1,958,633
Social contribution	1,198,738
Income tax and Social contribution losses | After 2023
Expected realization of deferred tax assets
Income tax	327,524
Social contribution	868,832
Total
Expected realization of deferred tax assets
Total	53,280,933
Total | 2019
Expected realization of deferred tax assets
Total	14,050,222
Total | 2020
Expected realization of deferred tax assets
Total	12,233,576
Total | 2021
Expected realization of deferred tax assets
Total	10,617,144
Total | 2022
Expected realization of deferred tax assets
Total	8,565,802
Total | 2023
Expected realization of deferred tax assets
Total	6,100,586
Total | After 2023
Expected realization of deferred tax assets
Total	R$ 1713603

Income tax and social contrib_7

Income tax and social contribution (Details 5) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred Tax Liabilities [Abstract]
Timing differences of depreciation - finance leasing	R$ 242571	R$ 283231
Adjustment to market value of securities	1,200,453	1,215,588
Judicial deposit and others	4,355,929	4,508,776
Total	R$ 5798953	R$ 6007595

Income tax and social contrib_8

Income tax and social contribution (Details 6) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Before tax
Income tax and social contribution on adjustments recognized directly in equity
Financial assets at fair value through other comprehensive income	R$ 512397	R$ 0	R$ 0
Financial assets recorded as available for sale	0	3,418,567	6,298,103
Exchange differences on translations of foreign operations	113,198	23,010	(194,566)
Other	(154,607)	0	0
Total	(553,806)	3,441,577	6,103,537
Tax (expense)/ benefit
Income tax and social contribution on adjustments recognized directly in equity
Financial assets at fair value through other comprehensive income	215,482	0	0
Financial assets recorded as available for sale	0	(1,231,202)	(2,587,076)
Exchange differences on translations of foreign operations	0	5,992	87,555
Other	61,843	0	0
Total	277,325	(1,225,210)	(2,499,521)
Net of tax
Income tax and social contribution on adjustments recognized directly in equity
Financial assets at fair value through other comprehensive income	(296,915)	0	0
Financial assets recorded as available for sale	0	2,187,365	3,711,027
Exchange differences on translations of foreign operations	113,198	29,002	(107,011)
Other	(92,764)	0	0
Total	R$ 276481	R$ 2216367	R$ 3604016

Income tax and social contrib_9

Income tax and social contribution (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income tax and social contribution (Details Text)
Equalization of the effective rate of social contribution in relation to the rate	45.00%
Deferred tax assets and deferred tax liabilities are offset in the consolidated statement of financial position	R$ 4598364	R$ 4755748
Write-off of tax credits		R$ 150040
Income tax
Income tax and social contribution (Details Text)
Applicable tax rate	25.00%
Social contribution - Insurance industry
Income tax and social contribution (Details Text)
Applicable tax rate	20.00%
Social contribution - Other companies
Income tax and social contribution (Details Text)
Applicable tax rate	9.00%

Earnings per share (Details 1)

Earnings per share (Details 1) - BRL (R$) R$ / shares in Units, shares in Thousands, R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	[1]	Dec. 31, 2016	[1]
Basic earnings per share
Net earnings attributable to the Organization's common shareholders (R$ thousand)	R$ 7916635	R$ 8157920		R$ 8542147
Net earnings attributable to the Organization's preferred shareholders (R$ thousand)	R$ 8667280	R$ 8931444		R$ 9352102
Weighted average number of common shares outstanding (thousands)	3,354,990	3,354,990		3,354,990
Weighted average number of preferred shares outstanding (thousands)	3,339,188	3,339,188		3,339,188
Common shares
Basic earnings per share
Basic earnings per share attributable to shareholders of the Organization (in Reais)	R$ 2.36	R$ 2.43		R$ 2.55
Preferred shares
Basic earnings per share
Basic earnings per share attributable to shareholders of the Organization (in Reais)	R$ 2.60	R$ 2.67		R$ 2.80
[1]	All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018, in the proportion of one new share for every 10 shares held.

Earnings per share (Details Tex

Earnings per share (Details Text)	Mar. 12, 2018shares
Earnings Per Share Details Text [Abstract]
Share bonus	10

Cash, balances with banks and_3

Cash, balances with banks and cash equivalents (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Cash [abstract]
Cash and due from banks in domestic currency		R$ 14734228	R$ 12939852
Cash and due from banks in foreign currency		4,877,776	2,088,498
Compulsory deposits with the Central Bank	[1]	87,596,916	66,714,226
Investments in gold		823	375
Total		R$ 107209743	R$ 81742951
[1]	Compulsory deposits with the Central Bank of Brazil refer to a minimum balance that financial institutions must maintain at the Central Bank of Brazil based on a percentage of deposits received from third parties.

Cash, balances with banks and_4

Cash, balances with banks and cash equivalents (Details 2) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and cash equivalents [abstract]
Cash and due from banks in domestic currency		R$ 14734228	R$ 12939852
Cash and due from banks in foreign currency		4,877,776	2,088,498
Interbank investments	[1]	90,612,803	141,025,717
Investments in gold		823	375
Total		R$ 110225630	R$ 156054442	R$ 181230427	R$ 147261434
[1]	Refers to operations with maturity date on the effective date of investment equal to or less than 90 days and insignificant risk of change in the fair value. Of this amount, R$60,443,537 thousand (2017 - R$123,691,195 thousand) refers to Financial assets pledged as collateral.

Cash, balances with banks and_5

Cash, balances with banks and cash equivalents (Details Text) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Cash And Balances With Banks Details Text [Abstract]
Amount of financial assets, gross	R$ 60443537	R$ 123691195	[1]
[1]	Refers to reverse repurchase agreements in which the underlying security has subsequently been sold in a separate repurchase agreement.

Financial assets and liabilit_5

Financial assets and liabilities at fair value through profit or loss (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018		Dec. 31, 2017
Investments held to maturity [Abstract]
Brazilian government securities	[1]	R$ 206756050
Bank debt securities	[1]	10,164,454
Corporate debt and marketable equity securities	[1]	9,303,942
Mutual funds	[1]	3,657,393
Brazilian sovereign bonds	[1]	659,603
Foreign governments securities	[1]	849,114
Derivative financial instruments	[1]	14,770,594
Total		R$ 246161150	[1]	R$ 0
[1]	In 2018, no reclassifications were made of Financial Assets at fair value through profit or loss for other categories of financial assets.

Financial assets and liabilit_6

Financial assets and liabilities at fair value through profit or loss (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018		Dec. 31, 2017
Financial Assets At Fair Value Through Profit Or Loss Maturity [Abstract]
Maturity of up to one year	R$ 12471625
Maturity of one to five years	164,553,949
Maturity of five to 10 years	56,868,688
Maturity of over 10 years	5,121,915
Maturity not stated	7,144,973
Total	R$ 246161150	[1]	R$ 0
[1]	In 2018, no reclassifications were made of Financial Assets at fair value through profit or loss for other categories of financial assets.

Financial assets and liabilit_7

Financial assets and liabilities at fair value through profit or loss (Details 3) R$ in Thousands	Dec. 31, 2018BRL (R$)
Liabilities At Fair Value Through Profit Or Loss [Abstract]
Derivative financial instruments	R$ 16152087
Total	R$ 16152087

Financial assets and liabilit_8

Financial assets and liabilities at fair value through profit or loss (Details Text) R$ in Thousands	Dec. 31, 2018BRL (R$)
Financial Assets And Liabilities At Fair Value Through Profit Or Loss Details Text [Abstract]
Financial instruments pledged as collateral classified as "Financial assets at fair value through profit or loss"	R$ 6481098
Pledged as collateral for liabilities	6,220,609
Unrealized net gains/ (losses) included in securities and trading securities	(1,066,594)
Net variation in unrealized gains/ (losses) from securities and trading securities	R$ 3679294

Financial assets and liabilit_9

Financial assets and liabilities held for trading (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Assets Held For Trading [Abstract]
Brazilian government securities		R$ 202249272
Bank debt securities		8,348,269
Corporate debt and marketable equity securities		12,339,790
Mutual funds		4,377,508
Brazilian sovereign bonds		307
Foreign governments securities		528,010
Derivative financial instruments	R$ 14770594	13,866,885
Total	R$ 0	R$ 241710041

Financial assets and liabili_10

Financial assets and liabilities held for trading (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Assets Held For Trading Maturity [Abstract]
Maturity of up to one year		R$ 31617538
Maturity of one to five years		146,527,365
Maturity of five to 10 years		53,763,561
Maturity of over 10 years		2,409,723
Maturity not stated		7,391,854
Total	R$ 0	R$ 241710041

Financial assets and liabili_11

Financial assets and liabilities held for trading (Details 3) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial Liabilities Held For Trading [Abstract]
Derivative financial instruments		R$ 14274999
Total	R$ 0	R$ 14274999

Financial assets and liabili_12

Financial assets and liabilities held for trading (Details Text) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financial Assets And Liabilities Held For Trading Details Text [Abstract]
Financial instruments provided as collateral and classified as "held for trading"	R$ 801182	R$ 801182
Assets held for trading pledged as a guarantee of liabilities	5,874,620
Unrealized gains/(losses) on securities and trading securities	(4,745,888)	(4,745,888)	R$ 9404052
Net variation in unrealized gains/(losses) from securities and trading securities	R$ 4658164	R$ 4658164	R$ 1978490

Derivative financial instrume_3

Derivative financial instruments (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Futures contracts | Purchases | Others
Derivative financial instruments
Notional amounts	R$ 300160	R$ 163224
Asset/(liability)	257	162
Futures contracts | Purchases | In foreign currency
Derivative financial instruments
Notional amounts	53,491,092	48,376,597
Asset/(liability)	3,174	1,243
Futures contracts | Sales | Others
Derivative financial instruments
Notional amounts	288,801	113,772
Asset/(liability)	(239)	(114)
Futures contracts | Sales | In foreign currency
Derivative financial instruments
Notional amounts	65,531,388	67,238,635
Asset/(liability)	(1,911)	(1,003)
Futures contracts | Interest rate futures | Purchases
Derivative financial instruments
Notional amounts	183,952,954	96,081,180
Asset/(liability)	8,902	3,586
Futures contracts | Interest rate futures | Sales
Derivative financial instruments
Notional amounts	129,207,143	132,837,699
Asset/(liability)	(19,133)	(154,188)
Options | Purchases | Interest rates
Derivative financial instruments
Notional amounts	37,543,735	10,663,668
Asset/(liability)	560,812	101,214
Options | Purchases | Others
Derivative financial instruments
Notional amounts	830,352	443,443
Asset/(liability)	51,704	34,013
Options | Purchases | In foreign currency
Derivative financial instruments
Notional amounts	15,102,480	7,335,027
Asset/(liability)	898,751	605,028
Options | Sales | Interest rates
Derivative financial instruments
Notional amounts	37,032,836	9,616,129
Asset/(liability)	(1,031,343)	(535,748)
Options | Sales | Others
Derivative financial instruments
Notional amounts	723,729	228,141
Asset/(liability)	(42,140)	(20,188)
Options | Sales | In foreign currency
Derivative financial instruments
Notional amounts	11,637,761	10,274,094
Asset/(liability)	(571,867)	(409,587)
Forward operations | Purchases | Interest rates
Derivative financial instruments
Notional amounts	213,196	0
Asset/(liability)	15,577	0
Forward operations | Purchases | Others
Derivative financial instruments
Notional amounts	896,288	114,020
Asset/(liability)	580,566	497,987
Forward operations | Purchases | In foreign currency
Derivative financial instruments
Notional amounts	12,488,149	10,372,477
Asset/(liability)	135,002	218,019
Forward operations | Sales | Others
Derivative financial instruments
Notional amounts	603,890	635,522
Asset/(liability)	23,990	(147,138)
Forward operations | Sales | In foreign currency
Derivative financial instruments
Notional amounts	18,609,950	14,947,271
Asset/(liability)	(188,372)	(358,995)
Swap contracts | Currency swaps | Liability position
Derivative financial instruments
Notional amounts	23,368,049	14,288,568
Asset/(liability)	(3,725,826)	(1,618,035)
Swap contracts | Interest rate swaps | Liability position
Derivative financial instruments
Notional amounts	32,737,145	31,454,647
Asset/(liability)	(10,250,643)	(11,030,003)
Swap contracts | Asset position | Currency swaps
Derivative financial instruments
Notional amounts	15,551,428	6,161,641
Asset/(liability)	1,758,178	1,340,538
Swap contracts | Asset position | Interest rate swaps
Derivative financial instruments
Notional amounts	57,751,559	56,636,856
Asset/(liability)	R$ 10413068	R$ 11065095

Derivative financial instrume_4

Derivative financial instruments (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Credit Default Swap CDS [Abstract]
Risk received in credit Swaps:	R$ 3330639	R$ 584987
- Debt securities issued by companies	749,735	468,214
- Bonds of the Brazilian public debt	2,574,317	116,773
- Bonds of foreign public debt	6,587	0
Risk transferred in credit Swaps:	(271,236)	0
- Brazilian public debt derivatives	(96,870)	0
- Foreign public debt derivatives	(174,366)	0
Total net credit risk value	3,059,403	584,987
Effect on Shareholders' Equity	61,551	49,162
Remuneration on the counterparty receiving the risk	R$ 7372	R$ 195

Derivative financial instrume_5

Derivative financial instruments (Details 3) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Hedge instrument nominal value
Strategy
Hedge of interest receipts from investments in securities	[1]	R$ 9784183	R$ 16030487
Hedge of interest payments on funding	[2]	8,285,152	6,769,979
Total		18,069,335	22,800,466
Hedge object accounting value
Strategy
Hedge of interest receipts from investments in securities	[1]	8,048,943	14,708,544
Hedge of interest payments on funding	[2]	8,054,345	6,671,048
Total		16,103,288	21,379,592
Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects)
Strategy
Hedge of interest receipts from investments in securities	[1]	0	40,060
Hedge of interest payments on funding	[2]	(140,745)	(84,044)
Total		(140,745)	(43,984)
Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects)
Strategy
Hedge of interest receipts from investments in securities	[1]	0	24,036
Hedge of interest payments on funding	[2]	(84,447)	(50,426)
Total		R$ 84447	R$ 26390
[1]	Referring to the DI interest rate risk, using DI Futures contracts in B3, with the maturity in 2019, making the cash flow fixed;
[2]	Referring to the DI interest rate risk, using DI Futures contracts in B3, with maturity dates in 2020, making the cash flow fixed. The effectiveness of the hedge portfolio is in accordance with accounting standards.

Derivative financial instrume_6

Derivative financial instruments (Details 4) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Hedge instrument nominal value
Strategy
Hedge of exchange variation on future cash flows	[1]	R$ 1375232	R$ 1110888
Total		1,375,232	1,110,888
Hedge object accounting value
Strategy
Hedge of exchange variation on future cash flows	[1]	755,611	582,567
Total		755,611	582,567
Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects)
Strategy
Hedge of exchange variation on future cash flows	[1]	(269,039)	(59,739)
Total		(269,039)	(59,739)
Fair Value Accumulated Adjustments in shareholders' equity (net of tax effects)
Strategy
Hedge of exchange variation on future cash flows	[1]	(161,423)	(35,843)
Total		R$ 161423	R$ 35843
[1]	Whose functional currency is different from the Real, using Forward contracts, with the object of hedging the foreign investment referenced to MXN (Mexican Peso).

Derivative financial instrume_7

Derivative financial instruments (Details 5) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Offsetting of financial assets and liabilities
Amount of financial assets, gross	R$ 60443537	R$ 123691195	[1]
Securities sold under agreements to repurchase	190,911,877	233,467,544
Interbank Investments
Offsetting of financial assets and liabilities
Amount of financial assets, gross	60,443,537	123,691,195
Related amount offset in the Balance Sheet	0	0
Net amount	60,443,537	123,691,195
Derivative Financial Instruments
Offsetting of financial assets and liabilities
Amount of financial assets, gross	14,770,594	13,866,885
Related amount offset in the Balance Sheet	0	0
Net amount	14,770,594	13,866,885
Securities sold under agreements to repurchase
Offsetting of financial assets and liabilities
Securities sold under agreements to repurchase	190,911,877	233,467,544
Related amount offset in the Balance Sheet	0	0
Net amount	190,911,877	233,467,544
Derivative financial instruments
Offsetting of financial assets and liabilities
Securities sold under agreements to repurchase	16,152,087	14,274,999
Related amount offset in the Balance Sheet	0	0
Net amount	R$ 16152087	R$ 14274999
[1]	Refers to reverse repurchase agreements in which the underlying security has subsequently been sold in a separate repurchase agreement.

Derivative financial instrume_8

Derivative financial instruments (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Derivative Financial Instruments Details Text [Abstract]
Gains/(losses) related to the cash flow hedge, which we expect to recognize in the income statement	R$ 33690
Gains/(losses) related to the cash flow hedge recorded in the income statements in the year	22,970	R$ 13944
Gains/(losses) related to the hedge of investments abroad, which we expect to recognize in the result	4,775
Gains/(losses) related to the hedge of investments abroad recorded in income accounts in the year	R$ 7943	R$ 359

Financial assets at fair valu_3

Financial assets at fair value through other comprehensive income (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018		Dec. 31, 2017
Financial assets at fair value through other comprehensive income
Brazilian government securities		R$ 150818755
Corporate debt securities		5,975,194
Bank debt securities		5,921,076
Brazilian sovereign bonds		1,564,667
Mutual funds		2,841,361		R$ 0
Marketable equity securities and other stocks		10,929,483
Total		178,050,536	[1]	R$ 0
Amortized cost
Financial assets at fair value through other comprehensive income
Brazilian government securities		146,656,888
Corporate debt securities		5,932,857
Bank debt securities		6,371,576
Brazilian sovereign bonds		1,573,965
Mutual funds		2,856,590
Marketable equity securities and other stocks		11,685,525
Total	[1]	175,077,401
Gross unrealized gains
Financial assets at fair value through other comprehensive income
Brazilian government securities		4,251,206
Corporate debt securities		187,874
Bank debt securities		117,435
Brazilian sovereign bonds		28,832
Mutual funds		1,742
Marketable equity securities and other stocks		682,783
Total	[1]	5,269,872
Gross unrealized losses
Financial assets at fair value through other comprehensive income
Brazilian government securities		(89,339)
Corporate debt securities		(145,537)
Bank debt securities		(567,935)
Brazilian sovereign bonds		(38,130)
Mutual funds		(16,971)
Marketable equity securities and other stocks		(1,438,825)
Total	[1]	R$ 2296737
[1]	In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.

Financial assets at fair valu_4

Financial assets at fair value through other comprehensive income (Details 2) - BRL (R$) R$ in Thousands		Dec. 31, 2018		Dec. 31, 2017
Maturity
Due within one year		R$ 75763826
From 1 to 5 years		67,290,177
From 5 to 10 years		6,441,750
Over 10 years		17,625,300
No stated maturity		10,929,483
Total		178,050,536	[1]	R$ 0
Amortized cost
Maturity
Due within one year		75,814,113
From 1 to 5 years		65,896,910
From 5 to 10 years		6,189,446
Over 10 years		15,491,407
No stated maturity		11,685,525
Total	[1]	R$ 175077401
[1]	In June 2018, the Management decided to reclassify the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$17,022,922 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes, a gain in the amount of R$581,991 thousand.

Financial assets at fair valu_5

Financial assets at fair value through other comprehensive income (Details 3) R$ in Thousands	Dec. 31, 2018BRL (R$)
Investments in equity instruments designated at fair value through other comprehensive income
Marketable equity securities and other stocks	R$ 10929483
Total	10,929,483
Cost
Investments in equity instruments designated at fair value through other comprehensive income
Marketable equity securities and other stocks	11,685,525
Total	11,685,525
Adjustments to Fair Value
Investments in equity instruments designated at fair value through other comprehensive income
Marketable equity securities and other stocks	(756,042)
Total	R$ 756042

Financial assets at fair valu_6

Financial assets at fair value through other comprehensive income (Details 4) R$ in Thousands	Dec. 31, 2018BRL (R$)
Reconciliation of expected losses of financial assets at FVOCI
Expected loss of financial assets at FVOCI on January 1, 2018	R$ 121566	[1]
Transferred to Stage 3	(748)	[1]
Out of Stage 1	748	[1]
Assets constituted/reversed	215,940	[1]
Expected loss of financial assets at FVOCI as of December 31, 2018	337,506	[1]
Stage 1
Reconciliation of expected losses of financial assets at FVOCI
Expected loss of financial assets at FVOCI on January 1, 2018	21,370
Transferred to Stage 3	(748)
Out of Stage 1	0
Assets constituted/reversed	(5,910)
Expected loss of financial assets at FVOCI as of December 31, 2018	14,712
Stage 2
Reconciliation of expected losses of financial assets at FVOCI
Expected loss of financial assets at FVOCI on January 1, 2018	44,482
Transferred to Stage 3	0
Out of Stage 1	0
Assets constituted/reversed	117,579
Expected loss of financial assets at FVOCI as of December 31, 2018	162,061
Stage 3
Reconciliation of expected losses of financial assets at FVOCI
Expected loss of financial assets at FVOCI on January 1, 2018	55,714
Transferred to Stage 3	0
Out of Stage 1	748
Assets constituted/reversed	104,271
Expected loss of financial assets at FVOCI as of December 31, 2018	R$ 160733
[1]	The expected loss is recorded as 'Expected Loss on Other Financial Assets' in the Consolidated Statement of Income.

Financial assets at fair valu_7

Financial assets at fair value through other comprehensive income (Details Text) - BRL (R$) R$ in Thousands	1 Months Ended
	Jun. 30, 2018	Dec. 31, 2018
Financial Assets At Fair Value Through Other Comprehensive Income Details Text [Abstract]
Reclassification of financial assets out of measured at fair value through other comprehensive income into measured at amortised cost	R$ 17022922
Other comprehensive income fair value changes	R$ 581991
Financial instruments pledged as collateral, classified as Financial assets at fair value through other comprehensive income		R$ 88969378
Financial assets at fair value through other comprehensive income pledged as collateral for liabilities		R$ 2099991

Financial assets available fo_3

Financial assets available for sale (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financial assets available for sale
Brazilian government securities	R$ 150818755	R$ 103281758
Corporate debt securities	5,975,194	39,978,630
Bank debt securities	5,921,076	1,183,853
Brazilian sovereign bonds	1,564,667	728,127
Foreign governments securities	0	3,202,547
Marketable equity securities and other stocks	10,929,483	11,037,807
Balance on	R$ 0	159,412,722
Amortized cost
Financial assets available for sale
Brazilian government securities		101,822,760
Corporate debt securities		40,875,928
Bank debt securities		1,251,066
Brazilian sovereign bonds		719,494
Foreign governments securities		3,210,554
Marketable equity securities and other stocks		11,302,834
Balance on		159,182,636
Gross unrealized gains
Financial assets available for sale
Brazilian government securities		1,881,077
Corporate debt securities		836,715
Bank debt securities		169,142
Brazilian sovereign bonds		27,326
Foreign governments securities		175
Marketable equity securities and other stocks		620,896
Balance on		3,535,331
Gross unrealized losses
Financial assets available for sale
Brazilian government securities		(422,079)
Corporate debt securities		(1,734,013)
Bank debt securities		(236,355)
Brazilian sovereign bonds		(18,693)
Foreign governments securities		(8,182)
Marketable equity securities and other stocks		(885,923)
Balance on		R$ 3305245

Financial assets available fo_4

Financial assets available for sale (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Maturity
Financial assets available for sale	R$ 0	R$ 159412722
Due within one year
Maturity
Financial assets available for sale		31,167,067
From 1 to 5 years
Maturity
Financial assets available for sale		83,816,085
From 5 to 10 years
Maturity
Financial assets available for sale		16,363,350
Over 10 years
Maturity
Financial assets available for sale		17,028,413
No stated maturity
Maturity
Financial assets available for sale		11,037,807
Amortized cost
Maturity
Financial assets available for sale		159,182,636
Amortized cost | Due within one year
Maturity
Financial assets available for sale		31,635,369
Amortized cost | From 1 to 5 years
Maturity
Financial assets available for sale		83,579,399
Amortized cost | From 5 to 10 years
Maturity
Financial assets available for sale		16,004,079
Amortized cost | Over 10 years
Maturity
Financial assets available for sale		16,660,955
Amortized cost | No stated maturity
Maturity
Financial assets available for sale		R$ 11302834

Financial assets available fo_5

Financial assets available for sale (Details Text) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Financial Assets Available For Sale Details Text [Abstract]
Financial instruments pledged as collateral and classified as available for sale	[1]	R$ 59482796
Financial assets available for sale pledged as a guarantee for liabilities		4,391,259
Net gains/(losses) on financial instruments classified as available for sale - impairment losses		R$ 1729039	R$ 2106107
[1]	In 2017, it included unrealized gains in the amount of R$3,246,351 thousand and unrealized losses in the amount of R$557,974 thousand;

Loans and advances to financi_3

Loans and advances to financial institutions (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Loans and advances to financial institutions [Abstract]
Repurchase agreements	[1]	R$ 96304582	R$ 21045591
Loans to financial institutions		8,946,346	11,207,614
Impairment of loans and advances		(1,978)	(5,481)
Total		R$ 105248950	R$ 32247724
[1]	In 2018, it included investments in repo operations given in guarantee

Loans and advances to custome_3

Loans and advances to customers (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Loans and advances to customers [Abstract]
Working capital		R$ 55922505	R$ 52700584
Personal credit	[1]	68,142,457	60,570,146
Housing loans		60,594,386	59,963,375
Financing and export		47,718,443	38,272,982
Onlending BNDES/Finame		25,170,115	30,655,666
Credit card		39,553,374	37,568,984
Vehicle loans		31,075,027	24,741,298
Rural loans		13,353,943	13,642,478
Import		6,886,356	5,318,042
Overdraft for corporates		7,058,014	6,587,239
Receivable insurance premiums		4,427,560	4,301,472
Overdraft for individuals		4,764,293	3,582,020
Leases		2,089,862	2,249,859
Other		44,736,320	33,659,520
Total portfolio		411,492,655	373,813,665
Impairment of loans and advances		(31,105,579)	(27,055,566)
Total of net loans and advances to customers		R$ 380387076	R$ 346758099	[2]
[1]	It included, in 2018, R$51,284,334 thousand related to consigned credit (2017 - R$43,968,511 thousand).
[2]	Amounts of loans and receivables are presented net of the provision for impairment losses.

Loans and advances to custome_4

Loans and advances to customers (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Gross Investments In Financial Leases Receivable [Abstract]
Up to one year	R$ 929858	R$ 1118286
From one to five years	1,128,477	1,082,149
Over five years	31,527	49,424
Impairment loss on finance leases	(128,564)	(146,812)
Net investment	1,961,298	2,103,047
Net investments in finance leases:
Up to one year	884,853	1,034,188
From one to five years	1,045,773	1,021,089
Over five years	30,672	47,770
Total	R$ 1961298	R$ 2103047

Loans and advances to custome_5

Loans and advances to customers (Details 3) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Renegotiated Loans And Advances To Customers [Abstract]
Opening balance	R$ 17183869	R$ 17501423
Additional renegotiated amounts, including interest	15,193,567	16,185,863
Payments received	(9,472,888)	(10,108,040)
Write-offs	(5,761,336)	(6,395,377)
Closing balance	17,143,212	17,183,869
Expected loss on loans and advances	(7,015,820)	0
Impairment of loans and advances	0	(10,853,777)
Total renegotiated loans and advances to customers, net of impairment at the end of the year	R$ 10127392	R$ 6330092
Impairment on renegotiated loans and advances as a percentage of the renegotiated portfolio	40.90%	63.20%
Total renegotiated loans and advances as a percentage of the total loan portfolio	4.20%	4.60%
Total renegotiated loans and advances as a percentage of the total loan portfolio, net of impairment	2.70%	1.80%

Loans and advances to custome_6

Loans and advances to customers (Details 4) R$ in Thousands	Dec. 31, 2018BRL (R$)
Reconciliation of the gross book value of loans and advances to clients
Loans and advances to customers on January 1, 2018	R$ 373813665
Transferred to Stage 1	(3,252,765)
Transferred to Stage 2	(8,717,652)
Transferred to Stage 3	(10,284,952)
Out of Stage 1	12,754,595
Out of Stage 2	9,177,785
Out of Stage 3	322,989
Assets originated/Assets settled or amortized	56,426,631
Write-offs	(18,747,641)
Loans and advances to customers in December 31, 2018	411,492,655
Stage 1
Reconciliation of the gross book value of loans and advances to clients
Loans and advances to customers on January 1, 2018	301,561,502
Transferred to Stage 1	0
Transferred to Stage 2	(8,547,801)
Transferred to Stage 3	(4,206,794)
Out of Stage 1	0
Out of Stage 2	3,099,627
Out of Stage 3	153,138
Assets originated/Assets settled or amortized	47,475,424
Write-offs	0
Loans and advances to customers in December 31, 2018	339,535,096
Stage 2
Reconciliation of the gross book value of loans and advances to clients
Loans and advances to customers on January 1, 2018	42,535,223
Transferred to Stage 1	(3,099,627)
Transferred to Stage 2	0
Transferred to Stage 3	(6,078,158)
Out of Stage 1	8,547,801
Out of Stage 2	0
Out of Stage 3	169,851
Assets originated/Assets settled or amortized	(4,969,841)
Write-offs	0
Loans and advances to customers in December 31, 2018	37,105,249
Stage 3
Reconciliation of the gross book value of loans and advances to clients
Loans and advances to customers on January 1, 2018	29,716,940
Transferred to Stage 1	(153,138)
Transferred to Stage 2	(169,851)
Transferred to Stage 3	0
Out of Stage 1	4,206,794
Out of Stage 2	6,078,158
Out of Stage 3	0
Assets originated/Assets settled or amortized	13,921,048
Write-offs	(18,747,641)
Loans and advances to customers in December 31, 2018	R$ 34852310

Loans and advances to custome_7

Loans and advances to customers (Details 5) R$ in Thousands	Dec. 31, 2018BRL (R$)
Reconciliation of expected losses from loans and advances to clients
Expected loss on January 1, 2018	R$ 30885041	[1]
Transferred to Stage 1	(582,694)	[1]
Transferred to Stage 2	(375,685)	[1]
Transferred to Stage 3	(1,513,160)	[1]
Out of Stage 1	576,433	[1]
Out of Stage 2	1,674,862	[1]
Out of Stage 3	220,245	[1]
Constitution/(Reversion)	22,239,070	[1]
Write-offs	(18,747,641)	[1]
Expected loss on December 31, 2018	34,376,471	[1]
Stage 1
Reconciliation of expected losses from loans and advances to clients
Expected loss on January 1, 2018	6,221,935
Transferred to Stage 1	0
Transferred to Stage 2	(275,265)
Transferred to Stage 3	(301,168)
Out of Stage 1	0
Out of Stage 2	462,869
Out of Stage 3	119,825
Constitution/(Reversion)	1,799,929
Write-offs	0
Expected loss on December 31, 2018	8,028,125
Stage 2
Reconciliation of expected losses from loans and advances to clients
Expected loss on January 1, 2018	6,898,383
Transferred to Stage 1	(462,869)
Transferred to Stage 2	0
Transferred to Stage 3	(1,211,992)
Out of Stage 1	275,265
Out of Stage 2	0
Out of Stage 3	100,420
Constitution/(Reversion)	(1,219,485)
Write-offs	0
Expected loss on December 31, 2018	4,379,722
Stage 3
Reconciliation of expected losses from loans and advances to clients
Expected loss on January 1, 2018	17,764,723
Transferred to Stage 1	(119,825)
Transferred to Stage 2	(100,420)
Transferred to Stage 3	0
Out of Stage 1	301,168
Out of Stage 2	1,211,993
Out of Stage 3	0
Constitution/(Reversion)	21,658,626
Write-offs	(18,747,641)
Expected loss on December 31, 2018	R$ 21968624
[1]	Consider expected losses on loans, commitments to be released and financial guarantees provided.

Loans and advances to custome_8

Loans and advances to customers (Details 6) R$ in Thousands	12 Months Ended
	Dec. 31, 2017BRL (R$)
Allowance For Loans And Advances To Customers [Abstract]
Balance on December 31, 2016	R$ 24780839
Impairment of loans and advances	16,860,835
Recovery of credits charged-off as losses	7,034,857
Write-offs	(21,620,965)
Balance on December 31, 2017	R$ 27055566	[1]
[1]	Does not include the effects of the initial adoption of IFRS 9, in the amount of R$3,829,475 thousand.

Loans and advances to custome_9

Loans and advances to customers (Details 7) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
All Expense With Expected Net Loss Of Recoveries [Abstract]
Amount recorded	R$ 22239070	R$ 23895692
Amount recovered	(7,147,095)	(7,034,857)
Allowance for Loan Losses expense net of amounts recovered	R$ 15091975	R$ 16860835

Loans and advances to custom_10

Loans and advances to customers (Details Text) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Loans And Advances To Customers Details Text [Abstract]
Personal credit - payroll loans	R$ 51284334	R$ 43968511
Impairment of loans and advances, not include the effects of the initial adoption of IFRS 9		R$ 3829475

Bonds and securities at amort_3

Bonds and securities at amortized cost (Details 1) R$ in Thousands	Dec. 31, 2018BRL (R$)
Securities:
Brazilian government securities	R$ 90337827
Corporate debt securities	56,585,832
Total	146,923,659	[1]
Amortized cost
Securities:
Brazilian government securities	82,661,682
Corporate debt securities	57,943,056
Total	140,604,738	[1]
Gross unrealized gains
Securities:
Brazilian government securities	7,677,826	[2]
Corporate debt securities	598,676	[2]
Total	8,276,502	[1],[2]
Gross unrealized losses
Securities:
Brazilian government securities	(1,681)	[2]
Corporate debt securities	(1,955,900)	[2]
Total	R$ 1957581	[1],[2]
[1]	In 2018, no reclassifications were made of Financial Assets at amortized cost - Bonds and securities for other categories of financial assets;
[2]	The balance in question is not accounted.

Bonds and securities at amort_4

Bonds and securities at amortized cost (Details 2) R$ in Thousands	Dec. 31, 2018BRL (R$)
Maturity
Due within one year	R$ 4213891
From 1 to 5 years	94,608,001
From 5 to 10 years	16,307,290
Over 10 years	31,794,477
Total	146,923,659	[1]
Amortized cost
Maturity
Due within one year	4,257,886
From 1 to 5 years	91,922,854
From 5 to 10 years	16,437,110
Over 10 years	27,986,888
Total	R$ 140604738	[1]
[1]	In 2018, no reclassifications were made of Financial Assets at amortized cost - Bonds and securities for other categories of financial assets;

Bonds and securities at amort_5

Bonds and securities at amortized cost (Details 3) R$ in Thousands	Dec. 31, 2018BRL (R$)
Reconciliation of expected losses of financial assets at amortized cost
Expected loss of financial assets at amortized cost on January 1, 2018	R$ 2065120	[1]
Transferred to Stage 1	(50,518)	[1]
Transferred to Stage 2	(154,101)	[1]
Transferred to Stage 3	(30,374)	[1]
Out of Stage 1	39,578	[1]
Out of Stage 2	31,746	[1]
Out of Stage 3	163,669	[1]
Assets constitued/reversed	956,919	[1]
Expected loss of financial assets at amortized cost on December 31, 2018	3,022,039	[1]
Stage 1
Reconciliation of expected losses of financial assets at amortized cost
Expected loss of financial assets at amortized cost on January 1, 2018	91,223
Transferred to Stage 1	0
Transferred to Stage 2	(39,578)
Transferred to Stage 3	0
Out of Stage 1	0
Out of Stage 2	1,372
Out of Stage 3	49,146
Assets constitued/reversed	76,044
Expected loss of financial assets at amortized cost on December 31, 2018	178,207
Stage 2
Reconciliation of expected losses of financial assets at amortized cost
Expected loss of financial assets at amortized cost on January 1, 2018	505,955
Transferred to Stage 1	(1,372)
Transferred to Stage 2	0
Transferred to Stage 3	(30,374)
Out of Stage 1	39,578
Out of Stage 2	0
Out of Stage 3	114,523
Assets constitued/reversed	160,711
Expected loss of financial assets at amortized cost on December 31, 2018	789,021
Stage 3
Reconciliation of expected losses of financial assets at amortized cost
Expected loss of financial assets at amortized cost on January 1, 2018	1,467,942
Transferred to Stage 1	(49,146)
Transferred to Stage 2	(114,523)
Transferred to Stage 3	0
Out of Stage 1	0
Out of Stage 2	30,374
Out of Stage 3	0
Assets constitued/reversed	720,164
Expected loss of financial assets at amortized cost on December 31, 2018	R$ 2054811
[1]	The expected loss balance is recorded as 'Expected Loss on Other Financial Assets' in the Consolidated Statement of Income.

Bonds and securities at amort_6

Bonds and securities at amortized cost (Details Text) R$ in Thousands	Dec. 31, 2018BRL (R$)
Bonds And Securities At Amortized Cost Details Text [Abstract]
Financial instruments pledged as collateral, classified as financial assets at amortized cost	R$ 22475483
Financial assets at amortized cost pledged as collateral for liabilities	R$ 2134

Investments held to maturity (D

Investments held to maturity (Details 1) R$ in Thousands	Dec. 31, 2017BRL (R$)
Securities:
Brazilian government securities	R$ 29175295
Corporate debt securities	11,963,782
Brazilian sovereign bonds	7,194
Total	41,146,271
Amortized cost
Securities:
Brazilian government securities	26,738,940
Corporate debt securities	12,259,564
Brazilian sovereign bonds	7,614
Total	39,006,118
Gross unrealized gains
Securities:
Brazilian government securities	2,442,844
Corporate debt securities	126,092
Brazilian sovereign bonds	0
Total	2,568,936
Gross unrealized losses
Securities:
Brazilian government securities	(6,489)
Corporate debt securities	(421,874)
Brazilian sovereign bonds	(420)
Total	R$ 428783

Investments held to maturity _2

Investments held to maturity (Details 2) R$ in Thousands	Dec. 31, 2017BRL (R$)
Maturity
Due within one year	R$ 28998
From 1 to 5 years	11,070,179
From 5 to 10 years	1,840,428
Over 10 years	28,206,666
Total	41,146,271
Amortized cost
Maturity
Due within one year	29,412
From 1 to 5 years	10,284,940
From 5 to 10 years	1,933,866
Over 10 years	26,757,900
Total	R$ 39006118

Investments held to maturity _3

Investments held to maturity (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments Held To Maturity Details Text [Abstract]
Investments held to maturity pledged as a guarantee for liabilities		R$ 2005
Losses on investments held-to-maturity	R$ 0	R$ 54520	R$ 0

Financial assets granted as c_3

Financial assets granted as collateral (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Financial assets granted as collateral [Abstract]
Held for trading		R$ 801182	R$ 801182
Brazilian government securities			801,182
Available for sale	[1]		59,482,796
Brazilian government securities			53,039,884
Corporate debt securities			825,287
Bank debt securities			4,904,070
Brazilian sovereign bonds			713,555
Loans and advances to banks			123,691,195
Interbank investments		60,443,537	123,691,195	[2]
Total		R$ 0	R$ 183975173
[1]	In 2017, it included unrealized gains in the amount of R$3,246,351 thousand and unrealized losses in the amount of R$557,974 thousand;
[2]	Refers to reverse repurchase agreements in which the underlying security has subsequently been sold in a separate repurchase agreement.

Financial assets granted as c_4

Financial assets granted as collateral (Details Text) R$ in Thousands	Dec. 31, 2017BRL (R$)
Financial assets granted as collateral (Details Text)
Financial instruments pledged as collateral and classified as available for sale - Unrealized gains	R$ 3246351
Financial instruments pledged as collateral and classified as available for sale - Unrealized losses	557,974
May be repledged
Financial assets granted as collateral (Details Text)
Collateral is a conditional commitment to ensure that the contractual clauses of a repurchase agreements are complied	178,964,158
Sold or repledged
Financial assets granted as collateral (Details Text)
Collateral is a conditional commitment to ensure that the contractual clauses of a repurchase agreements are complied	R$ 5011015

Non-current assets held for s_3

Non-current assets held for sale (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets Not For Own Use [Abstract]
Real estate	R$ 1120434	R$ 1250380
Vehicles and similar	231,105	262,774
Machinery and equipment	585	2,037
Other	1,206	5,782
Total	R$ 1353330	R$ 1520973

Non-current assets held for s_4

Non-current assets held for sale (Details Text)	12 Months Ended
	Dec. 31, 2018
Noncurrent Assets Held For Sale Details Text [Abstract]
The properties or other non-current assets received in total or partial settlement of the payment obligations of debtors	one year

Investments in associates and_3

Investments in associates and joint ventures (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Breakdown of investments in associates and joint ventures
Investment book value		R$ 8125799	R$ 8257384	R$ 7002778
Equity in net income of associates		1,680,375	1,718,411	1,699,725
Associates and joint ventures current assets		84,682,829	93,946,146	33,277,701
Associates and joint ventures non - current assets		31,407,773	26,992,289	22,391,305
Associates and joint ventures current liabilities		74,148,165	89,194,631	34,948,570
Associates and joint ventures non - current liabilities		16,508,545	10,720,340	2,417,942
Revenue	[1]	21,487,052	17,421,168	7,908,280
Associates and joint ventures net income (loss) for the year		5,528,912	6,014,365	5,656,103
Elo Participações S.A.
Breakdown of investments in associates and joint ventures
Investment book value		1,191,343	978,195	849,355
Equity in net income of associates		288,938	162,070	198,457
Associates and joint ventures current assets		718,623	420,804	352,179
Associates and joint ventures non - current assets		1,981,596	1,776,837	1,596,527
Associates and joint ventures current liabilities		170,683	96,763	107,627
Associates and joint ventures non - current liabilities		8,220	3,967	0
Revenue	[1]	28,938	18,708	18,879
Associates and joint ventures net income (loss) for the year		R$ 573968	R$ 324075	R$ 396835
Company	[2]	Elo Participações S.A.	Elo Participações S.A.	Elo Participações S.A.
Equity interest		50.01%	50.01%	50.01%
Shareholding interest with voting rights		50.01%	50.01%	50.01%
Crediare S.A. – Crédito, Financiamento e Investimento
Breakdown of investments in associates and joint ventures
Investment book value		R$ 70254	R$ 68231	R$ 64174
Equity in net income of associates		12,473	12,393	8,721
Associates and joint ventures current assets		330,042	339,236	443,978
Associates and joint ventures non - current assets		66,980	119,406	3,883
Associates and joint ventures current liabilities		161,458	324,764	317,298
Associates and joint ventures non - current liabilities		0	0	0
Revenue	[1]	136,193	161,107	164,026
Associates and joint ventures net income (loss) for the year		R$ 24946	R$ 24786	R$ 17442
Company		Crediare S.A. – Crédito, Financiamento e Investimento	Crediare S.A. – Crédito, Financiamento e Investimento	Crediare S.A. – Crédito, Financiamento e Investimento
Equity interest		50.00%	50.00%	50.00%
Shareholding interest with voting rights		50.00%	50.00%	50.00%
MPO - Processadora de Pagamentos Móveis S.A.
Breakdown of investments in associates and joint ventures
Investment book value		R$ 0	R$ 0	R$ 3
Equity in net income of associates		(30)	(39)	(49)
Associates and joint ventures current assets		2,284	2,198	3,538
Associates and joint ventures non - current assets		1,696	1,612	0
Associates and joint ventures current liabilities		4,112	2	3,532
Associates and joint ventures non - current liabilities		0	3,881	0
Revenue	[1]	154	227	256
Associates and joint ventures net income (loss) for the year		R$ 60	R$ 78	R$ 98
Company		MPO - Processadora de Pagamentos Móveis S.A.	MPO - Processadora de Pagamentos Móveis S.A.	MPO - Processadora de Pagamentos Móveis S.A.
Equity interest		50.00%	50.00%	50.00%
Shareholding interest with voting rights		50.00%	50.00%	50.00%
Leader S.A. Adm. de Cartões de Crédito
Breakdown of investments in associates and joint ventures
Equity in net income of associates				R$ 23227
Company	[3],[4]			Leader S.A. Adm. de Cartões de Crédito
Total investments in joint ventures
Breakdown of investments in associates and joint ventures
Investment book value		R$ 1261597	R$ 1046426	R$ 913532
Equity in net income of associates		301,381	174,424	183,902
Associates and joint ventures current assets		1,050,949	762,238	799,695
Associates and joint ventures non - current assets		2,050,272	1,897,855	1,600,410
Associates and joint ventures current liabilities		336,253	421,529	428,457
Associates and joint ventures non - current liabilities		8,220	7,848	0
Revenue	[1]	165,285	180,042	183,161
Associates and joint ventures net income (loss) for the year		R$ 598854	R$ 348783	R$ 414179
Cielo S.A.
Breakdown of investments in associates and joint ventures
Company	[5]	Cielo S.A.	Cielo S.A.	Cielo S.A.
Equity interest		30.06%	30.06%	30.06%
Shareholding interest with voting rights		30.06%	30.06%	30.06%
Investment book value		R$ 4679589	R$ 4832660	R$ 4108743
Equity in net income of associates		1,011,125	1,219,202	1,204,520
Associates and joint ventures current assets		65,967,300	76,403,596	13,699,378
Associates and joint ventures non - current assets		16,595,791	13,151,540	10,654,621
Associates and joint ventures current liabilities		56,802,838	71,020,292	15,004,712
Associates and joint ventures non - current liabilities		10,890,157	6,833,491	0
Revenue	[1]	1,883,033	2,561,394	392,167
Associates and joint ventures net income (loss) for the year		R$ 3341909	R$ 4056077	R$ 4007233
IRB - Brasil Resseguros S.A.
Breakdown of investments in associates and joint ventures
Company	[3],[6]	IRB - Brasil Resseguros S.A.	IRB - Brasil Resseguros S.A.	IRB - Brasil Resseguros S.A.
Equity interest		15.23%	15.23%	20.51%
Shareholding interest with voting rights		15.23%	15.23%	20.51%
Investment book value		R$ 606161	R$ 543025	R$ 662460
Equity in net income of associates		174,277	182,432	132,668
Associates and joint ventures current assets		10,265,219	8,512,491	8,484,793
Associates and joint ventures non - current assets		5,417,377	6,124,173	5,828,133
Associates and joint ventures current liabilities		10,845,420	10,138,711	10,238,221
Associates and joint ventures non - current liabilities		873,938	947,514	844,876
Revenue	[1]	7,036,160	3,550,438	3,185
Associates and joint ventures net income (loss) for the year		R$ 1139542	R$ 1197846	R$ 646823
Fleury S.A.
Breakdown of investments in associates and joint ventures
Company	[3],[7]	Fleury S.A.	Fleury S.A.	Fleury S.A.
Equity interest		16.28%	16.28%	16.39%
Shareholding interest with voting rights		16.28%	16.28%	16.39%
Investment book value		R$ 699927	R$ 692380	R$ 651906
Equity in net income of associates		38,805	46,791	17,506
Associates and joint ventures current assets		1,510,304	1,389,026	1,343,162
Associates and joint ventures non - current assets		2,482,580	2,224,500	2,021,981
Associates and joint ventures current liabilities		640,899	615,510	429,411
Associates and joint ventures non - current liabilities		1,570,942	1,263,331	1,166,607
Revenue	[1]	2,642,751	2,609,717	2,045,898
Associates and joint ventures net income (loss) for the year		R$ 238558	R$ 287414	R$ 106829
Aquarius Participações S.A.
Breakdown of investments in associates and joint ventures
Company	[8]	Aquarius Participações S.A.	Aquarius Participações S.A.	Aquarius Participações S.A.
Equity interest		49.00%	49.00%	49.00%
Shareholding interest with voting rights		49.00%	49.00%	49.00%
Investment book value		R$ 43030	R$ 263630	R$ 263632
Equity in net income of associates		130,769	116,070	73,640
Associates and joint ventures current assets		19,096	242,617	150,233
Associates and joint ventures non - current assets		86,626	532,707	538,267
Associates and joint ventures current liabilities		17,907	237,305	150,474
Associates and joint ventures non - current liabilities		0	0	0
Revenue	[1]	0	38	0
Associates and joint ventures net income (loss) for the year		R$ 266876	R$ 236878	R$ 150286
Haitong Banco de Investimento do Brasil S.A.
Breakdown of investments in associates and joint ventures
Company		Haitong Banco de Investimento do Brasil S.A.	Haitong Banco de Investimento do Brasil S.A.	Haitong Banco de Investimento do Brasil S.A.
Equity interest		20.00%	20.00%	20.00%
Shareholding interest with voting rights		20.00%	20.00%	20.00%
Investment book value		R$ 100597	R$ 105649	R$ 127922
Equity in net income of associates		602	(22,637)	1,596
Associates and joint ventures current assets		2,587,712	3,588,848	8,187,596
Associates and joint ventures non - current assets		1,503,374	1,283,453	493,325
Associates and joint ventures current liabilities		2,210,690	3,565,394	8,041,309
Associates and joint ventures non - current liabilities		1,880,396	726,468	0
Revenue	[1]	6,362,896	5,432,770	4,243,442
Associates and joint ventures net income (loss) for the year		R$ 3010	R$ 113185	R$ 7980
Cia. Brasileira de Gestão e Serviços S.A.
Breakdown of investments in associates and joint ventures
Company		Cia. Brasileira de Gestão e Serviços S.A.	Cia. Brasileira de Gestão e Serviços S.A.	Cia. Brasileira de Gestão e Serviços S.A.
Equity interest		41.85%	41.85%	41.85%
Shareholding interest with voting rights		41.85%	41.85%	41.85%
Investment book value		R$ 127677	R$ 118781	R$ 102251
Equity in net income of associates		8,895	16,530	18,517
Associates and joint ventures current assets		230,503	285,871	247,475
Associates and joint ventures non - current assets		100,052	118,394	109,390
Associates and joint ventures current liabilities		22,207	33,305	44,890
Associates and joint ventures non - current liabilities		3,258	8,320	0
Revenue	[1]	174,816	61,185	22,642
Associates and joint ventures net income (loss) for the year		R$ 21254	R$ 39498	R$ 44246
Tecnologia Bancaria S.A.
Breakdown of investments in associates and joint ventures
Company	[3]	Tecnologia Bancária S.A.	Tecnologia Bancária S.A.	Tecnologia Bancária S.A.
Equity interest		24.32%	24.32%	24.32%
Shareholding interest with voting rights		24.32%	24.32%	24.32%
Investment book value		R$ 115433	R$ 108752	R$ 98543
Equity in net income of associates		(8,492)	10,209	71,232
Associates and joint ventures current assets		471,119	242,480	193,546
Associates and joint ventures non - current assets		1,488,542	75,702	1,117,398
Associates and joint ventures current liabilities		511,883	590,872	499,341
Associates and joint ventures non - current liabilities		1,035,574	496,090	406,459
Revenue	[1]	2,225,362	2,534,235	686,800
Associates and joint ventures net income (loss) for the year		R$ 34918	R$ 41973	R$ 292862
NCR Brasil Indústria de Equipamentos para Automação S.A.
Breakdown of investments in associates and joint ventures
Company	[3]	NCR Brasil Indústria de Equipamentos para Automação S.A.	NCR Brasil Indústria de Equipamentos para Automação S.A.	NCR Brasil Indústria de Equipamentos para Automação S.A.
Equity interest		49.00%	49.00%	49.00%
Shareholding interest with voting rights		49.00%	49.00%	49.00%
Investment book value		R$ 52571	R$ 46039	R$ 73789
Equity in net income of associates		6,689	4,108	(7,024)
Associates and joint ventures current assets		305,278	221,809	171,823
Associates and joint ventures non - current assets		30,249	28,788	27,780
Associates and joint ventures current liabilities		207,894	141,520	111,755
Associates and joint ventures non - current liabilities		0	0	0
Revenue	[1]	9,601	1,270	330,985
Associates and joint ventures net income (loss) for the year		R$ 13651	R$ 8384	R$ 14335
Swiss Re Corporate Solutions Brasil
Breakdown of investments in associates and joint ventures
Company	[3],[9]	Swiss Re Corporate Solutions Brasil	Swiss Re Corporate Solutions Brasil
Equity interest		40.00%	40.00%
Shareholding interest with voting rights		40.00%	40.00%
Investment book value		R$ 345036	R$ 463400
Equity in net income of associates		(10,998)	(26,437)
Associates and joint ventures current assets		2,110,050	2,178,209
Associates and joint ventures non - current assets		1,479,827	1,511,924
Associates and joint ventures current liabilities		2,509,280	2,411,600
Associates and joint ventures non - current liabilities		246,060	437,278
Revenue	[1]	973,422	490,079
Associates and joint ventures net income (loss) for the year		R$ 27494	R$ 66093
Gestora de Inteligência de Crédito S.A.
Breakdown of investments in associates and joint ventures
Company	[3]	Gestora de Inteligência de Crédito S.A.	Gestora de Inteligência de Crédito S.A.
Equity interest		20.00%	20.00%
Shareholding interest with voting rights		20.00%	20.00%
Investment book value		R$ 59098	R$ 29513
Equity in net income of associates		(6,466)	(4,642)
Associates and joint ventures current assets		165,299	118,961
Associates and joint ventures non - current assets		173,083	43,253
Associates and joint ventures current liabilities		42,894	18,594
Associates and joint ventures non - current liabilities		0	0
Revenue	[1]	13,726	0
Associates and joint ventures net income (loss) for the year		R$ 32330	R$ 23210
Empresa Brasileira de Solda Elétrica S.A.
Breakdown of investments in associates and joint ventures
Company	[3],[9]			Empresa Brasileira de Solda Elétrica S.A.
Equity in net income of associates				R$ 3168
Other
Breakdown of investments in associates and joint ventures
Company	[3]	0	0
Equity interest		0.00%	0.00%
Shareholding interest with voting rights		0.00%	0.00%
Investment book value		R$ 35083	R$ 7129
Equity in net income of associates		33,788	2,361
Associates and joint ventures current assets		0	0
Associates and joint ventures non - current assets		0	0
Associates and joint ventures current liabilities		0	0
Associates and joint ventures non - current liabilities		0	0
Revenue	[1]	0	0
Associates and joint ventures net income (loss) for the year		0	0
Total investments in associates
Breakdown of investments in associates and joint ventures
Investment book value		6,864,202	7,210,958	6,089,246
Equity in net income of associates		1,378,994	1,543,987	1,515,823
Associates and joint ventures current assets		83,631,880	93,183,908	32,478,006
Associates and joint ventures non - current assets		29,357,501	25,094,434	20,790,895
Associates and joint ventures current liabilities		73,811,912	88,773,103	34,520,113
Associates and joint ventures non - current liabilities		16,500,325	10,712,492	2,417,942
Revenue	[1]	21,321,767	17,241,126	7,725,119
Associates and joint ventures net income (loss) for the year		R$ 4930058	R$ 5665582	R$ 5241924
[1]	Revenues from financial intermediation or services;
[2]	Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2018, the Organization received R$38,278 thousand of dividends from this investment. In its financial statements, Elo Participacoes S.A. presented R$44 thousand of other comprehensive income.
[3]	Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements;
[4]	In April 2016, it was consolidated after acquisition of 50% of the company;
[5]	Brazilian company, services provider related to credit and debit cards and other means of payment. In 2018, the Organization received R$1,204,069 thousand of dividends and interest on capital of this investment. In its financial statements, Cielo S.A. presented R$6,948 thousand of other comprehensive income;
[6]	Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence;
[7]	Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees;
[8]	In 2018, occurred the partial spin-off and consolidation of Fidelity Processadora S.A., controlled by Aquarius Participacoes S.A.;
[9]	In 2018, impairment losses were recorded in 'associates and jointly controlled entities' in the amount of R$107,000 thousand. In 2017, it was recorded, in the amount of R$31,868 thousand, on the investment in NCR Brasil S.A. (In 2016, R$37,122 thousand on the investment in EBSE - Empresa Brasileira de Solda Eletrica S.A.);

Investments in associates and_4

Investments in associates and joint ventures (Details 2) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes In Associates [Abstract]
Initial balances		R$ 8257384	R$ 7002778
Acquisitions	[1]	54,019	524,155
Spin-off of associates	[2]	(1,175)	(170,006)
Transfer	[3]	(338,315)	5,953
Equity in net income of associates		1,680,375	1,718,411	R$ 1699725
Dividends/Interest on capital		(1,385,537)	(802,662)
Impairment	[4]	(107,000)	(31,868)
Other		(33,952)	10,623
At the end of the year		R$ 8125799	R$ 8257384	R$ 7002778
[1]	In 2017, it includes the acquisition of interest in (i) Swiss Re Corporate Solutions Brasil; and in (ii) GIC - Gestora de Inteligencia de Credito;
[2]	In 2017, there was partial sale of the IRB;
[3]	In 2018, the partial spin-off and consolidation of Fidelity Processadora S.A., controlled by Aquarius Participacoes S.A.;
[4]	In 2018, there were losses on impairment in associates, in the amount of R$107,000 thousand (2017 - R$31,868 thousand).

Investments in associates and_5

Investments in associates and joint ventures (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Apr. 30, 2016
Investments In Associates And Joint Ventures Details Text [Abstract]
Brazilian company, services provider related to credit and debit cards and other means of payment - The Organization received of dividends and interest on capital of this investment	R$ 1204069
In financial statements, Cielo S.A. - Other comprehensive income	6,948
Consolidated after acquisition				50.00%
Impairment losses were recognized in associates and joint control companies	107,000	R$ 31868	R$ 37122
Brazilian company, holding company that consolidates joint business related to electronic means of payment - The Organization received of dividends from this investment	38,278
Financial statements, Elo Participações S.A. - Other comprehensive income	44
Fair value of investments in associates for which there are quoted market prices	R$ 12240547	R$ 22340660

Property and equipment (Details

Property and equipment (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 8826836	R$ 8432475	R$ 8397116
Buildings
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 2131206	R$ 1670141	1,698,925
Annual rate of depreciation	4.00%	4.00%
Land
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 976869	R$ 982720	1,027,535
Annual rate of depreciation	0.00%	0.00%
Installations, properties and equipment for use
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 3162832	R$ 2783484	2,872,445
Annual rate of depreciation	10.00%	10.00%
Security and communications systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 142806	R$ 135349	132,861
Annual rate of depreciation	10.00%	10.00%
Data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 1553907	R$ 1621597
Annual rate of depreciation	20.00%	20.00%
Transportation systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 31643	R$ 38459	R$ 46605
Annual rate of depreciation	20.00%	20.00%
Financial leasing of data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 827573	R$ 1200725
Annual rate of depreciation	20.00%	20.00%
Cost
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 18090900	R$ 16405492
Cost | Buildings
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	2,611,299	2,153,407
Cost | Land
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	976,869	982,720
Cost | Installations, properties and equipment for use
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	6,324,483	5,450,939
Cost | Security and communications systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	379,099	349,228
Cost | Data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	4,231,789	3,950,625
Cost | Transportation systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	92,403	86,705
Cost | Financial leasing of data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	3,474,958	3,431,868
Accumulated depreciation
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(9,264,064)	(7,973,017)
Accumulated depreciation | Buildings
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(480,093)	(483,266)
Accumulated depreciation | Land
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	0	0
Accumulated depreciation | Installations, properties and equipment for use
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(3,161,651)	(2,667,455)
Accumulated depreciation | Security and communications systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(236,293)	(213,879)
Accumulated depreciation | Data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(2,677,882)	(2,329,028)
Accumulated depreciation | Transportation systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	(60,760)	(48,246)
Accumulated depreciation | Financial leasing of data processing systems
Composition of property and equipment by class
Property and equipment, net of accumulated depreciation	R$ 2647385	R$ 2231143

Property and equipment (Detai_2

Property and equipment (Details 2) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Change in property and equipment by class
Additions		R$ 2389433	R$ 1897645
Write-offs		(459,422)	(552,069)
Impairment		(91,694)	(79,194)
Depreciation		(1,460,013)	(1,237,328)	R$ 1141636
Transfer		8,452	6,305
Balance from an acquired institution		7,605	0
Balance on		8,826,836	8,432,475	8,397,116
Buildings
Change in property and equipment by class
Additions		766,074	117,888
Write-offs		(12,168)	(53,151)
Impairment		(60,371)	(73,568)
Depreciation		(111,274)	(28,840)
Transfer		(121,196)	8,887
Balance from an acquired institution		0	0
Balance on		2,131,206	1,670,141	1,698,925
Land
Change in property and equipment by class
Additions		143,103	41,777
Write-offs		(278,602)	(86,592)
Impairment		0	0
Depreciation		0	0
Transfer		129,648	0
Balance from an acquired institution		0	0
Balance on		976,869	982,720	1,027,535
Installations, properties and equipment for use
Change in property and equipment by class
Additions		1,045,155	754,606
Write-offs		(160,587)	(323,217)
Impairment		0	(502)
Depreciation		(512,825)	(521,663)
Transfer		0	1,815
Balance from an acquired institution		7,605	0
Balance on		3,162,832	2,783,484	2,872,445
Security and communications systems
Change in property and equipment by class
Additions		39,005	31,134
Write-offs		(6,141)	(2,540)
Impairment		(653)	(1,836)
Depreciation		(24,754)	(24,270)
Transfer		0	0
Balance from an acquired institution		0	0
Balance on		142,806	135,349	132,861
Data processing systems
Change in property and equipment by class
Additions	[1]	390,398	947,314
Write-offs	[1]	(1,924)	(86,469)
Impairment	[1]	(30,670)	(3,288)
Depreciation	[1]	(798,646)	(649,583)
Transfer	[1]	0	(4,397)
Balance from an acquired institution	[1]	0	0
Balance on	[1]	2,381,480	2,822,322	2,618,745
Transportation systems
Change in property and equipment by class
Additions		5,698	4,926
Write-offs		0	(100)
Impairment		0	0
Depreciation		(12,514)	(12,972)
Transfer		0	0
Balance from an acquired institution		0	0
Balance on		R$ 31643	R$ 38459	R$ 46605
[1]	Includes financial lease of data processing systems.

Property and equipment (Detai_3

Property and equipment (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Property And Equipment Details Text [Abstract]
Depreciation expense	R$ 1460013	R$ 1237328	R$ 1141636

Intangible assets and goodwil_2

Intangible assets and goodwill (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017		Dec. 31, 2016
Change in intangible assets and goodwill by class
Additions/(reductions)		R$ 3683910	R$ 3743704
Impairment		(386,427)	(30,683)	[1]
Amortization		(3,348,242)	(3,331,240)
Balance on		16,128,548	16,179,307		R$ 15797526
Goodwill
Change in intangible assets and goodwill by class
Additions/(reductions)		630,755	0
Impairment	[1]	0	0
Amortization		0	0
Balance on		5,576,068	4,945,313		4,945,313
Acquisition of financial service rights
Change in intangible assets and goodwill by class
Additions/(reductions)	[2]	1,859,905	2,549,335
Impairment	[1],[2]	(162)	0
Amortization	[2]	(1,116,505)	(1,000,894)
Balance on	[2]	4,795,136	4,051,898		2,503,457
Software
Change in intangible assets and goodwill by class
Additions/(reductions)	[2]	1,198,396	1,203,313
Impairment	[1],[2]	(386,265)	(30,683)
Amortization	[2]	(1,361,269)	(1,327,456)
Balance on	[2]	3,241,280	3,790,418		3,945,244
Customer portfolio
Change in intangible assets and goodwill by class
Additions/(reductions)	[2]	0	0
Impairment	[1],[2]	0	0
Amortization	[2]	(864,686)	(1,000,234)
Balance on	[2]	2,494,003	3,358,689		4,358,923
Others
Change in intangible assets and goodwill by class
Additions/(reductions)	[2]	(5,146)	(8,944)
Impairment	[1],[2]	0	0
Amortization	[2]	(5,782)	(2,656)
Balance on	[2]	R$ 22061	R$ 32989		R$ 44589
[1]	Impairment losses were recognized in the consolidated statement of income, within 'Other operating income/(expenses)'.
[2]	Rate of amortization: acquisition of banking rights - in accordance with contract agreement; software - 20%; Customer portfolio - up to 20%; and others - 20%;

Intangible assets and goodwil_3

Intangible assets and goodwill (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Composition Of Goodwill By Segment [Abstract]
Banking	R$ 5083686	R$ 4651347
Insurance	492,382	293,966
Total	R$ 5576068	R$ 4945313

Intangible assets and goodwil_4

Intangible assets and goodwill (Details Text)	Dec. 31, 2018	Dec. 31, 2017
Intangible assets and goodwill (Details Text)
Calculation uses cash-flow predictions based on financial budgets approved by management, with a terminal growth rate	6.90%	7.10%
The forecast cash flows have been discounted at a rate	12.00%	13.60%
Software
Intangible assets and goodwill (Details Text)
Rate of amortization	20.00%
Customer portfolio
Intangible assets and goodwill (Details Text)
Rate of amortization	20.00%
Others
Intangible assets and goodwill (Details Text)
Rate of amortization	20.00%

Other assets (Details 1)

Other assets (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other assets [Abstract]
Financial assets	[1],[2]	R$ 43893309	R$ 41719483
Foreign exchange transactions	[3]	20,179,828	17,279,327
Debtors for guarantee deposits	[4]	18,729,321	17,840,698
Securities trading		2,582,663	1,741,524
Trade and credit receivables		664,274	3,016,225
Receivables		1,737,223	1,841,709
Other assets		7,372,866	9,134,504
Deferred acquisition cost (insurance) - Note 40f		925,884	1,070,108	R$ 1750244
Other debtors		2,728,746	3,736,743
Prepaid expenses		741,087	1,244,602
Interbank and interdepartmental accounts		1,427,359	1,480,291
Other	[5]	1,549,790	1,602,760
Total		R$ 51266175	R$ 50853987
[1]	Financial assets are recorded at amortized cost;
[2]	In 2018, there were no losses for impairment of other financial assets.
[3]	Mainly refers to purchases in foreign currency made by the institution on behalf of customers and rights in the institution's domestic currency, resulting from exchange sale operations;
[4]	Refers to deposits resulting from legal or contractual requirements, including guarantees provided in cash, such as those made for the filing of appeals in departments or courts and those made to guarantee services of any nature;
[5]	Includes basically trade and credit receivables, material supplies, other advances and payments to be reimbursed;

Deposits from banks (Details 1)

Deposits from banks (Details 1) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deposits from banks [Abstract]
Demand deposits	R$ 1139729	R$ 1030292
Interbank deposits	410,975	2,168,625
Securities sold under agreements to repurchase	190,911,877	233,467,544
Borrowings	29,681,340	18,521,713
Onlending	25,170,058	30,769,294
Total	R$ 247313979	R$ 285957468

Deposits from customers (Detail

Deposits from customers (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Deposits from customers [Abstract]
Demand deposits		R$ 34178563	R$ 33058324
Savings deposits		111,170,912	103,332,697
Time deposits		195,398,721	125,617,424
Total	[1]	R$ 340748196	R$ 262008445
[1]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;

Funds from securities issued (D

Funds from securities issued (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Instruments Issued Brazil [Abstract]
Real estate credit notes		R$ 25381719	R$ 27020911
Agribusiness notes		13,108,595	10,973,682
Financial bills		104,005,236	93,570,141
Letters of credit property guaranteed	[1]	476,332
Subtotal		142,971,882	131,564,734
Securities - Overseas:
Euronotes	[2]	1,270,409	634,549
Securities issued through securitization - (item (b))		3,130,111	2,606,322
Subtotal		4,400,520	3,240,871
Structured Operations Certificates		656,616	368,485
Total		R$ 148029018	R$ 135174090	R$ 151101938
[1]	Funding is secured by the Real Estate Credit Portfolio, for the amount of R$549,665 thousand, which meets all Central Bank (BACEN) Resolution No. 4,598/17 requirements: 115.38% sufficiency (including fiduciary agent remuneration), liquidity; the asset portfolio's weighted average tenor being 309 months, issuing LIGs (secured real estate notes or 'covered bonds') with tenor 35 months, none due within 180 days, receivables corresponding to 0.05% of total assets and 61.46% of the properties' guarantee amount. The credit portfolio's guarantor assets are mostly rated AA and A (66% and 23% respectively). In addition, the LIG Issue and the asset portfolio management policy, as required by Article 11 of BACEN Resolution No. 4,598/17, are located at the following address https://banco.bradesco/html/prime/produtos-servicos/investimentos/letra-imobiliaria-garantida.shtm;
[2]	Issuance of securities in the foreign market to fund customers' foreign exchange operations, export pre-financing, import financing and working capital financing, substantially in the medium and long terms.

Funds from securities issued _2

Funds from securities issued (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Securitization of the future flow of payment orders received from abroad
Balance	R$ 3130111	R$ 2606322
Date of Issue: 12.19.2008 | Maturity: 2.20.2019
Securitization of the future flow of payment orders received from abroad
Balance	84	348,524
Date of Issue: 12.17.2009 | Maturity: 2.20.2020
Securitization of the future flow of payment orders received from abroad
Balance	29,635	49,594
Date of Issue: 11.16.2011 | Maturity: 11.20.2018
Securitization of the future flow of payment orders received from abroad
Balance	0	26,068
Date of Issue: 11.16.2011 | Maturity: 11.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	124,949	139,678
Date of Issue: 12.23.2015 | Maturity: 11.21.2022
Securitization of the future flow of payment orders received from abroad
Balance	318,115	330,311
Date of Issue: 12.23.2015 | Maturity: 11.20.2020
Securitization of the future flow of payment orders received from abroad
Balance	246,995	318,934
Date of Issue: 2.02.2016 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	713,740	871,260
Date of Issue: 3.30.2016 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	423,304	521,953
Date of Issue: 5.12.2018 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	1,273,289	R$ 0
Nominal amount
Securitization of the future flow of payment orders received from abroad
Balance	4,805,385
Nominal amount | Date of Issue: 12.19.2008 | Maturity: 2.20.2019
Securitization of the future flow of payment orders received from abroad
Balance	1,168,500
Nominal amount | Date of Issue: 12.17.2009 | Maturity: 2.20.2020
Securitization of the future flow of payment orders received from abroad
Balance	89,115
Nominal amount | Date of Issue: 11.16.2011 | Maturity: 11.20.2018
Securitization of the future flow of payment orders received from abroad
Balance	88,860
Nominal amount | Date of Issue: 11.16.2011 | Maturity: 11.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	133,290
Nominal amount | Date of Issue: 12.23.2015 | Maturity: 11.21.2022
Securitization of the future flow of payment orders received from abroad
Balance	390,480
Nominal amount | Date of Issue: 12.23.2015 | Maturity: 11.20.2020
Securitization of the future flow of payment orders received from abroad
Balance	390,480
Nominal amount | Date of Issue: 2.02.2016 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	889,725
Nominal amount | Date of Issue: 3.30.2016 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	533,835
Nominal amount | Date of Issue: 5.12.2018 | Maturity: 2.22.2021
Securitization of the future flow of payment orders received from abroad
Balance	R$ 1121100

Funds from securities issued _3

Funds from securities issued (Details 3) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net Financial Activity In The Issuance Of Securities [Abstract]
Opening balance on December 31	R$ 135174090	R$ 151101938
Issuance	85,963,195	62,237,380	R$ 47253373
Interest	9,054,699	13,262,613	17,124,502
Settlement and interest payments	(82,973,990)	(91,324,496)
Exchange variation and others	811,024	(103,345)
Closing balance on December 31	R$ 148029018	R$ 135174090	R$ 151101938

Funds from securities issued _4

Funds from securities issued (Details Text) R$ in Thousands	Dec. 31, 2018BRL (R$)
Funds From Securities Issued Details Text [Abstract]
Funding is secured by the Real Estate Credit Portfolio	R$ 549665
Funding is secured by the Real Estate Credit Portfolio - sufficiency (including fiduciary agent remuneration)	115.38%
Funding is secured by the Real Estate Credit Portfolio - receivables corresponding of total assets	0.05%
Funding is secured by the Real Estate Credit Portfolio - properties' guarantee amount	61.46%
The credit portfolio's guarantor assets - AA	66.00%
The credit portfolio's guarantor assets - A	23.00%

Subordinated debt (Details 1)

Subordinated debt (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Subordinated debt
Balance		R$ 53643444	R$ 50179401	R$ 52611064
In Brazil
Subordinated debt
Balance		40,002,257	38,541,679
In Brazil | Maturity: 2019 | Original term in years: 6 | Financial bills:
Subordinated debt
Balance		39,261	36,139
In Brazil | Maturity: 2019 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		3,490,180	3,436,734
In Brazil | Maturity: 2019 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		31,742	28,184
In Brazil | Maturity: 2018 | Original term in years: 6 | Financial bills:
Subordinated debt
Balance	[1]	0	10,130,108
In Brazil | Maturity: 2018 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance	[1]	0	316,757
In Brazil | Maturity: 2018 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance	[1]	0	119,417
In Brazil | Maturity: 2020 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		3,038	2,801
In Brazil | Maturity: 2020 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		59,398	54,383
In Brazil | Maturity: 2022 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		108,467	99,338
In Brazil | Maturity: 2022 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		6,010,103	5,597,559
In Brazil | Maturity: 2023 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		1,146,189	1,070,085
In Brazil | Maturity: 2023 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		1,829,083	1,699,872
In Brazil | Maturity: 2023 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		2,464,978	2,265,488
In Brazil | Maturity: 2024 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		80,479	73,861
In Brazil | Maturity: 2024 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		172,590	159,205
In Brazil | Maturity: 2024 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		7,444	6,611
In Brazil | Maturity: 2025 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		451,136	392,376
In Brazil | Maturity: 2025 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance	[2]	5,578,707	0
In Brazil | Maturity: 2025 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		6,427,806	6,624,611
In Brazil | Maturity: 2025 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		491,031	457,679
In Brazil | Maturity: 2021 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		44,962	40,429
In Brazil | Maturity: 2021 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		2,192	2,027
In Brazil | Maturity: 2021 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		14,064	13,125
In Brazil | Maturity: 2026 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		480,443	438,776
In Brazil | Maturity: 2026 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance	[2]	894,417	0
In Brazil | Maturity: 2026 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		4,622	4,271
In Brazil | Maturity: 2027 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		295,946	273,498
In Brazil | Maturity: 2027 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance	[2]	149,211	0
In Brazil | Maturity: 2027 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		58,346	53,996
In Brazil | Maturity: 2028 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance	[2]	257,524	0
In Brazil | Maturity: 2028 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		84,304	77,079
In Brazil | Maturity: Perpetual | Financial bills:
Subordinated debt
Balance	[2]	9,254,743	5,004,967
In Brazil | Subordinated CDB: | Maturity: 2019 | Original term in years: 10
Subordinated debt
Balance		69,851	62,303
Overseas:
Subordinated debt
Balance		13,641,187	11,637,722
Overseas: | Maturity: 2019 | Original term in years: 10
Subordinated debt
Balance		2,953,103	2,520,963
Overseas: | Maturity: 2022 | Original term in years: 11
Subordinated debt
Balance		4,332,470	5,419,644
Overseas: | Maturity: 2021 | Original term in years: 11
Subordinated debt
Balance		6,355,614	R$ 3697115
Nominal amount | In Brazil | Maturity: 2019 | Original term in years: 6 | Financial bills:
Subordinated debt
Balance		21,858
Nominal amount | In Brazil | Maturity: 2019 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		3,172,835
Nominal amount | In Brazil | Maturity: 2019 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		12,735
Nominal amount | In Brazil | Maturity: 2018 | Original term in years: 6 | Financial bills:
Subordinated debt
Balance	[1]	0
Nominal amount | In Brazil | Maturity: 2018 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance	[1]	0
Nominal amount | In Brazil | Maturity: 2018 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance	[1]	0
Nominal amount | In Brazil | Maturity: 2020 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		1,700
Nominal amount | In Brazil | Maturity: 2020 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		28,556
Nominal amount | In Brazil | Maturity: 2022 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		54,143
Nominal amount | In Brazil | Maturity: 2022 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		4,305,011
Nominal amount | In Brazil | Maturity: 2023 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		688,064
Nominal amount | In Brazil | Maturity: 2023 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		1,359,452
Nominal amount | In Brazil | Maturity: 2023 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		1,706,846
Nominal amount | In Brazil | Maturity: 2024 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance		67,450
Nominal amount | In Brazil | Maturity: 2024 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		136,695
Nominal amount | In Brazil | Maturity: 2024 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		4,924
Nominal amount | In Brazil | Maturity: 2025 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		284,137
Nominal amount | In Brazil | Maturity: 2025 | Original term in years: 7 | Financial bills:
Subordinated debt
Balance	[2]	5,425,906
Nominal amount | In Brazil | Maturity: 2025 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		6,193,653
Nominal amount | In Brazil | Maturity: 2025 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		400,944
Nominal amount | In Brazil | Maturity: 2021 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		19,200
Nominal amount | In Brazil | Maturity: 2021 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance		1,236
Nominal amount | In Brazil | Maturity: 2021 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance		7,000
Nominal amount | In Brazil | Maturity: 2026 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		361,196
Nominal amount | In Brazil | Maturity: 2026 | Original term in years: 8 | Financial bills:
Subordinated debt
Balance	[2]	870,300
Nominal amount | In Brazil | Maturity: 2026 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		3,400
Nominal amount | In Brazil | Maturity: 2027 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance		258,743
Nominal amount | In Brazil | Maturity: 2027 | Original term in years: 9 | Financial bills:
Subordinated debt
Balance	[2]	144,900
Nominal amount | In Brazil | Maturity: 2027 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		47,046
Nominal amount | In Brazil | Maturity: 2028 | Original term in years: 10 | Financial bills:
Subordinated debt
Balance	[2]	248,300
Nominal amount | In Brazil | Maturity: 2028 | Original term in years: 11 | Financial bills:
Subordinated debt
Balance		74,764
Nominal amount | In Brazil | Maturity: Perpetual | Financial bills:
Subordinated debt
Balance	[2]	9,201,200
Nominal amount | In Brazil | Subordinated CDB: | Maturity: 2019 | Original term in years: 10
Subordinated debt
Balance		20,000
Nominal amount | Overseas: | Maturity: 2019 | Original term in years: 10
Subordinated debt
Balance		1,333,575
Nominal amount | Overseas: | Maturity: 2022 | Original term in years: 11
Subordinated debt
Balance		1,886,720
Nominal amount | Overseas: | Maturity: 2021 | Original term in years: 11
Subordinated debt
Balance		R$ 2766650
[1]	Subordinated debt transactions that matured in 2018;
[2]	Issuance of subordinated financial letters, under the heading 'Subordinated debt'.

Subordinated debt (Details 2)

Subordinated debt (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net Movement Of Subordinated Debt [Abstract]
Opening balance on December 31	R$ 50179401	R$ 52611064
Issuance	10,890,606	6,594,610
Interest	3,517,067	5,100,017
Settlement and interest payments	(12,941,124)	(14,301,613)
Exchange variation	1,997,494	175,323
Closing balance on December 31	R$ 53643444	R$ 50179401

Insurance technical provision_3

Insurance technical provisions and pension plans (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Current and long-term liabilities
Mathematical reserve for unvested benefits		R$ 219103651	R$ 208870366
Mathematical reserve for vested benefits		8,833,164	9,633,439
Liquid outstanding claims for reinsurance		4,332,935	4,190,074
Unearned premium reserve		4,930,990	4,636,085
Estimate of claims on the reporting date (2018)		5,818,525	5,879,921
Reserve for financial surplus		549,135	514,199
The claims table does not include the products		8,009,887	5,365,506
Total	[1]	251,578,287	239,089,590
Insurance
Current and long-term liabilities
Mathematical reserve for unvested benefits	[2]	1,218,860	1,051,507
Mathematical reserve for vested benefits	[2]	343,852	265,727
Liquid outstanding claims for reinsurance	[2]	3,401,781	3,159,967
Unearned premium reserve	[2]	4,283,281	4,068,716
Estimate of claims on the reporting date (2018)	[2]	4,472,929	4,291,432
Reserve for financial surplus	[2]	0	0
The claims table does not include the products	[2]	2,186,799	1,996,206
Total	[2]	15,907,502	14,833,555
Life and Pension
Current and long-term liabilities
Mathematical reserve for unvested benefits	[3],[4]	217,884,791	207,818,859
Mathematical reserve for vested benefits	[3],[4]	8,489,312	9,367,712
Liquid outstanding claims for reinsurance	[3],[4]	931,154	1,030,107
Unearned premium reserve	[3],[4]	647,709	567,369
Estimate of claims on the reporting date (2018)	[3],[4]	1,345,596	1,588,489
Reserve for financial surplus	[3],[4]	549,135	514,199
The claims table does not include the products	[3],[4]	5,823,088	3,369,300
Total	[3],[4],[5]	R$ 235670785	R$ 224256035
[1]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;
[2]	'Other technical provisions' - Insurance includes the Provision for Insufficient Premiums (PIP) of R$ 2,133,130 thousand and the Reserve for Related Expenses of R$ 37,577 thousand;
[3]	Includes the unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE) in the amount of R$ 158,535 thousand.
[4]	The 'Other technical provisions' line of Life and Pension Plan includes 'Provision for redemptions and other amounts to be settled' in the amount of R$2,248,238 thousand, 'Provision for related expenses' in the amount of R$520,613 thousand, 'Complementary Reserve for Coverage (PCC)' in the amount of R$1,010,035 thousand and' Other technical provisions', which includes the transfer of R$2,007,136 thousand of the mathematical provisions of benefits to be granted and benefits granted, subject to authorization by SUSEP;
[5]	Includes personal and pension insurance operations.

Insurance technical provision_4

Insurance technical provisions and pension plans (Details 2) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Technical provisions by product
Health		R$ 10391680	R$ 9754024
Auto / Liability Insurance		3,209,143	3,156,847
DPVAT (Personal Injury Caused by Automotive Vehicles)		603,870	509,261
Life		11,275,729	10,018,884
RE (Elementary branch)		1,394,736	1,416,523
Free Benefits Generating Plan - PGBL		36,188,888	35,087,618
Insurance and Pensions - Life with Survival Coverage (VGBL)		166,104,340	158,746,205
Traditional plans		22,409,901	20,400,228
Total	[1]	251,578,287	239,089,590
Insurance
Technical provisions by product
Health		10,391,680	9,754,024
Auto / Liability Insurance		3,209,143	3,156,847
DPVAT (Personal Injury Caused by Automotive Vehicles)		601,114	506,161
Life		310,829	0
RE (Elementary branch)		1,394,736	1,416,523
Free Benefits Generating Plan - PGBL		0	0
Insurance and Pensions - Life with Survival Coverage (VGBL)		0	0
Traditional plans		0	0
Total	[2]	15,907,502	14,833,555
Life and Pension
Technical provisions by product
Health	[3]	0	0
Auto / Liability Insurance	[3]	0	0
DPVAT (Personal Injury Caused by Automotive Vehicles)	[3]	2,756	3,100
Life	[3]	10,964,900	10,018,884
RE (Elementary branch)	[3]	0	0
Free Benefits Generating Plan - PGBL	[3]	36,188,888	35,087,618
Insurance and Pensions - Life with Survival Coverage (VGBL)	[3]	166,104,340	158,746,205
Traditional plans	[3]	22,409,901	20,400,228
Total	[3],[4],[5]	R$ 235670785	R$ 224256035
[1]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;
[2]	'Other technical provisions' - Insurance includes the Provision for Insufficient Premiums (PIP) of R$ 2,133,130 thousand and the Reserve for Related Expenses of R$ 37,577 thousand;
[3]	Includes personal and pension insurance operations.
[4]	Includes the unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE) in the amount of R$ 158,535 thousand.
[5]	The 'Other technical provisions' line of Life and Pension Plan includes 'Provision for redemptions and other amounts to be settled' in the amount of R$2,248,238 thousand, 'Provision for related expenses' in the amount of R$520,613 thousand, 'Complementary Reserve for Coverage (PCC)' in the amount of R$1,010,035 thousand and' Other technical provisions', which includes the transfer of R$2,007,136 thousand of the mathematical provisions of benefits to be granted and benefits granted, subject to authorization by SUSEP;

Insurance technical provision_5

Insurance technical provisions and pension plans (Details 3) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Technical Provisions By Aggregated Products [Abstract]
Insurance - Vehicle, Elementary Lines, Life and Health		R$ 26875158	R$ 24855539
Insurance and Pensions - Life with Survival Coverage (VGBL)		166,104,340	158,746,205
Pensions - PGBL and Traditional Plans		49,527,947	47,623,322
Pensions - Risk Traditional Plans		9,070,842	7,864,524
Total	[1]	R$ 251578287	R$ 239089590
[1]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;

Insurance technical provision_6

Insurance technical provisions and pension plans (Details 4) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Insurance Vehicle General Life Health And Pension [Abstract]
At the beginning of the year	R$ 32720063	R$ 31611733
(-) DPVAT insurance	(508,098)	(473,579)
Subtotal at beginning of the year	32,211,965	31,138,154
Additions, net of reversals	30,230,289	28,542,623
Payment of claims, benefits and redemptions	(28,735,539)	(27,156,197)
Adjustment for inflation and interest	1,636,443	648,898
Partial spin-off of large risk portfolio		(961,513)
Subtotal at end of the period	35,343,158	32,211,965
(+) DPVAT insurance	602,842	508,098
At the end of the year	R$ 35946000	R$ 32720063

Insurance technical provision_7

Insurance technical provisions and pension plans (Details 5) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Insurance Life With Survival Coverage VGBL [Abstract]
At the beginning of the year	R$ 158746205	R$ 138670739
Receipt of premiums net of fees	23,715,609	28,577,437
Payment of benefits	(30,563)	(28,758)
Payment of redemptions	(21,008,985)	(18,985,242)
Adjustment for inflation and interest	8,017,088	13,468,401
Others	(3,335,014)	(2,956,372)
At the end of the year	R$ 166104340	R$ 158746205

Insurance technical provision_8

Insurance technical provisions and pension plans (Details 6) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Pensions PGBL And Traditional Plans [Abstract]
At the beginning of the year	R$ 47623322	R$ 45557528
Receipt of premiums net of fees	2,683,007	3,446,148
Payment of benefits	(858,454)	(759,949)
Payment of redemptions	(2,615,186)	(2,962,505)
Adjustment for inflation and interest	3,232,938	3,656,452
Others	(537,680)	(1,314,352)
At the end of the year	R$ 49527947	R$ 47623322

Insurance technical provision_9

Insurance technical provisions and pension plans (Details 7) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Guarantees for the technical provisions
Total technical provisions	[1]	R$ 251578287	R$ 239089590
(-) Commercialization surcharge - extended warranty		(54,183)	(138,780)
(-) Portion corresponding to contracted reinsurance		(134,891)	(167,260)
(-) Receivables		(1,043,400)	(925,999)
(-) Unearned premium reserve - Health and dental insurance	[2]	(1,381,574)	(1,268,243)
(-) Reserves from DPVAT agreements		(597,398)	(502,491)
To be insured		248,366,841	236,086,817
Investment fund quotas (VGBL and PGBL)	[3]	198,748,039	190,639,798
Investment fund quotas (excluding VGBL and PGBL)		28,385,450	26,715,093
Government securities		29,699,177	27,619,851
Private securities		167,059	182,541
Shares		1,241,651	1,719,628
Total technical provision guarantees		258,241,376	246,876,911
Insurance
Guarantees for the technical provisions
Total technical provisions	[4]	15,907,502	14,833,555
(-) Commercialization surcharge - extended warranty		(54,183)	(138,780)
(-) Portion corresponding to contracted reinsurance		(125,032)	(153,137)
(-) Receivables		(1,043,400)	(925,999)
(-) Unearned premium reserve - Health and dental insurance	[2]	(1,381,574)	(1,268,243)
(-) Reserves from DPVAT agreements		(597,398)	(502,491)
To be insured		12,705,915	11,844,905
Investment fund quotas (VGBL and PGBL)	[3]	0	0
Investment fund quotas (excluding VGBL and PGBL)		5,155,446	5,076,006
Government securities		10,164,283	9,011,657
Private securities		15,378	18,203
Shares		2,935	3,227
Total technical provision guarantees		15,338,042	14,109,093
Life and Pension
Guarantees for the technical provisions
Total technical provisions	[5],[6],[7]	235,670,785	224,256,035
(-) Commercialization surcharge - extended warranty		0	0
(-) Portion corresponding to contracted reinsurance		(9,859)	(14,123)
(-) Receivables		0	0
(-) Unearned premium reserve - Health and dental insurance	[2]	0	0
(-) Reserves from DPVAT agreements		0	0
To be insured		235,660,926	224,241,912
Investment fund quotas (VGBL and PGBL)	[3]	198,748,039	190,639,798
Investment fund quotas (excluding VGBL and PGBL)		23,230,004	21,639,087
Government securities		19,534,894	18,608,194
Private securities		151,681	164,338
Shares		1,238,716	1,716,401
Total technical provision guarantees		R$ 242903334	R$ 232767818
[1]	Demand and savings deposits and Technical provisions for insurance and pension plans comprising VGBL and PGBL products are classified as up to 30 days, without considering average historical turnover;
[2]	Deduction provided for in Article 4 of ANS Normative Resolution No. 392/15;
[3]	The investment funds 'VGBL' and 'PGBL' were consolidated in the financial statements.
[4]	'Other technical provisions' - Insurance includes the Provision for Insufficient Premiums (PIP) of R$ 2,133,130 thousand and the Reserve for Related Expenses of R$ 37,577 thousand;
[5]	Includes personal and pension insurance operations.
[6]	Includes the unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE) in the amount of R$ 158,535 thousand.
[7]	The 'Other technical provisions' line of Life and Pension Plan includes 'Provision for redemptions and other amounts to be settled' in the amount of R$2,248,238 thousand, 'Provision for related expenses' in the amount of R$520,613 thousand, 'Complementary Reserve for Coverage (PCC)' in the amount of R$1,010,035 thousand and' Other technical provisions', which includes the transfer of R$2,007,136 thousand of the mathematical provisions of benefits to be granted and benefits granted, subject to authorization by SUSEP;

Insurance technical provisio_10

Insurance technical provisions and pension plans (Details 8) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes In Deferred Acquisition Cost Insurance Assets [Abstract]
At the beginning of the year	R$ 1070108	R$ 1750244
Additions	1,324,815	1,586,888
Reversals	(1,469,039)	(2,250,844)
Sale of large risk portfolio	0	(16,180)
At the end of the year	R$ 925884	R$ 1070108

Insurance technical provisio_11

Insurance technical provisions and pension plans (Details 9) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in reinsurance assets [abstract]
At the beginning of the year		R$ 219214	R$ 1186194
Additions		245,957	186,867
Reversals		(239,049)	(139,641)
Recovered insurance losses		(37,369)	(259,433)
Reversal/Monetary update		(4,892)	(411)
Other	[1]	(7,537)	(754,362)
At the end of the year		R$ 176324	R$ 219214
[1]	In 2017, includes sale of the large risk portfolio.

Insurance technical provisio_12

Insurance technical provisions and pension plans (Details 10) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	R$ 5818525	R$ 5879921
Liquid outstanding claims for reinsurance	4,332,935	R$ 4190074
Year claims were notified - Up to 2008
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	1,296,266
Payments of claims	(1,180,848)
Liquid outstanding claims for reinsurance	115,418
Year claims were notified - Up to 2008 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,247,341
Year claims were notified - Up to 2008 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	1,288,259
Year claims were notified - Up to 2008 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	1,247,008
Year claims were notified - Up to 2008 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,230,236
Year claims were notified - Up to 2008 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,238,534
Year claims were notified - Up to 2008 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,248,036
Year claims were notified - Up to 2008 | Six years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,274,168
Year claims were notified - Up to 2008 | Seven years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,290,615
Year claims were notified - Up to 2008 | Eight years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,307,505
Year claims were notified - Up to 2008 | Nine years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,299,124
Year claims were notified - Up to 2008 | Ten years after notification
Amount estimated for the claims:
Claims reported by policyholders	1,296,266
Year claims were notified - 2009
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	2,234,024
Payments of claims	(2,216,199)
Liquid outstanding claims for reinsurance	17,825
Year claims were notified - 2009 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,210,909
Year claims were notified - 2009 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,219,991
Year claims were notified - 2009 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,193,645
Year claims were notified - 2009 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,179,949
Year claims were notified - 2009 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,179,419
Year claims were notified - 2009 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,209,826
Year claims were notified - 2009 | Six years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,222,800
Year claims were notified - 2009 | Seven years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,240,171
Year claims were notified - 2009 | Eight years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,228,954
Year claims were notified - 2009 | Nine years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,234,024
Year claims were notified - 2010
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	2,608,176
Payments of claims	(2,580,422)
Liquid outstanding claims for reinsurance	27,754
Year claims were notified - 2010 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,595,369
Year claims were notified - 2010 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,592,573
Year claims were notified - 2010 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,562,789
Year claims were notified - 2010 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,561,264
Year claims were notified - 2010 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,577,663
Year claims were notified - 2010 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,607,212
Year claims were notified - 2010 | Six years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,611,105
Year claims were notified - 2010 | Seven years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,599,521
Year claims were notified - 2010 | Eight years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,608,176
Year claims were notified - 2011
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	2,850,912
Payments of claims	(2,812,101)
Liquid outstanding claims for reinsurance	38,811
Year claims were notified - 2011 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,811,587
Year claims were notified - 2011 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,859,480
Year claims were notified - 2011 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	2,824,610
Year claims were notified - 2011 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,809,879
Year claims were notified - 2011 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,812,812
Year claims were notified - 2011 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,840,368
Year claims were notified - 2011 | Six years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,837,693
Year claims were notified - 2011 | Seven years after notification
Amount estimated for the claims:
Claims reported by policyholders	2,850,912
Year claims were notified - 2012
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,128,386
Payments of claims	(3,076,245)
Liquid outstanding claims for reinsurance	52,141
Year claims were notified - 2012 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,292,376
Year claims were notified - 2012 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,348,274
Year claims were notified - 2012 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,240,688
Year claims were notified - 2012 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,233,150
Year claims were notified - 2012 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,256,062
Year claims were notified - 2012 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,113,580
Year claims were notified - 2012 | Six years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,128,386
Year claims were notified - 2013
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,049,171
Payments of claims	(2,992,353)
Liquid outstanding claims for reinsurance	56,818
Year claims were notified - 2013 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,034,096
Year claims were notified - 2013 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,224,788
Year claims were notified - 2013 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,041,662
Year claims were notified - 2013 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,009,371
Year claims were notified - 2013 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,044,232
Year claims were notified - 2013 | Five years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,049,171
Year claims were notified - 2014
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,669,868
Payments of claims	(3,593,585)
Liquid outstanding claims for reinsurance	76,283
Year claims were notified - 2014 | Four years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,669,868
Year claims were notified - 2014 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,937,126
Year claims were notified - 2014 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,663,951
Year claims were notified - 2014 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,671,822
Year claims were notified - 2014 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,655,382
Year claims were notified - 2015
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	4,260,118
Payments of claims	(4,155,367)
Liquid outstanding claims for reinsurance	104,751
Year claims were notified - 2015 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	4,428,926
Year claims were notified - 2015 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	4,277,245
Year claims were notified - 2015 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	4,232,474
Year claims were notified - 2015 | Three years after notification
Amount estimated for the claims:
Claims reported by policyholders	4,260,118
Year claims were notified - 2016
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,923,389
Payments of claims	(3,806,909)
Liquid outstanding claims for reinsurance	116,480
Year claims were notified - 2016 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	4,109,825
Year claims were notified - 2016 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,912,436
Year claims were notified - 2016 | Two years after notification
Amount estimated for the claims:
Claims reported by policyholders	3,923,389
Year claims were notified - 2017
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,740,543
Payments of claims	(3,599,748)
Liquid outstanding claims for reinsurance	140,795
Year claims were notified - 2017 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,749,457
Year claims were notified - 2017 | One year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,740,543
Year claims were notified - 2018
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	3,448,593
Payments of claims	(2,718,950)
Liquid outstanding claims for reinsurance	729,643
Year claims were notified - 2018 | In the year after notification
Amount estimated for the claims:
Claims reported by policyholders	3,448,593
Year claims were notified - Total
Amount estimated for the claims:
Estimate of claims on the reporting date (2018)	34,209,446
Payments of claims	(32,732,727)
Liquid outstanding claims for reinsurance	R$ 1476719

Insurance technical provisio_13

Insurance technical provisions and pension plans (Details 11) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	R$ 5818525	R$ 5879921
Liquid outstanding claims for reinsurance	4,332,935	R$ 4190074
Year claims were notified - Up to 2008
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,090,755
Payments of claims	(1,037,194)
Liquid outstanding claims for reinsurance	53,561
Year claims were notified - Up to 2008 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	994,132
Year claims were notified - Up to 2008 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	986,525
Year claims were notified - Up to 2008 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	979,044
Year claims were notified - Up to 2008 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	990,037
Year claims were notified - Up to 2008 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	996,755
Year claims were notified - Up to 2008 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,004,225
Year claims were notified - Up to 2008 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,017,179
Year claims were notified - Up to 2008 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,025,547
Year claims were notified - Up to 2008 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,035,528
Year claims were notified - Up to 2008 | Nine years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,038,489
Year claims were notified - Up to 2008 | Ten years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,090,755
Year claims were notified - 2009
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,994,494
Payments of claims	(1,978,504)
Liquid outstanding claims for reinsurance	15,990
Year claims were notified - 2009 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,954,928
Year claims were notified - 2009 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,933,104
Year claims were notified - 2009 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,931,327
Year claims were notified - 2009 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,936,905
Year claims were notified - 2009 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,960,500
Year claims were notified - 2009 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,966,313
Year claims were notified - 2009 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,980,991
Year claims were notified - 2009 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,994,592
Year claims were notified - 2009 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,990,902
Year claims were notified - 2009 | Nine years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,994,494
Year claims were notified - 2010
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	2,479,351
Payments of claims	(2,454,468)
Liquid outstanding claims for reinsurance	24,883
Year claims were notified - 2010 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,439,011
Year claims were notified - 2010 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,404,646
Year claims were notified - 2010 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,406,805
Year claims were notified - 2010 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,426,310
Year claims were notified - 2010 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,445,507
Year claims were notified - 2010 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,460,692
Year claims were notified - 2010 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,472,476
Year claims were notified - 2010 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,471,407
Year claims were notified - 2010 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,479,351
Year claims were notified - 2011
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	2,686,379
Payments of claims	(2,647,785)
Liquid outstanding claims for reinsurance	38,594
Year claims were notified - 2011 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,653,641
Year claims were notified - 2011 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,617,957
Year claims were notified - 2011 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,609,034
Year claims were notified - 2011 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,629,288
Year claims were notified - 2011 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,639,629
Year claims were notified - 2011 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,670,472
Year claims were notified - 2011 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,673,132
Year claims were notified - 2011 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,686,379
Year claims were notified - 2012
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	2,978,029
Payments of claims	(2,926,963)
Liquid outstanding claims for reinsurance	51,066
Year claims were notified - 2012 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,022,457
Year claims were notified - 2012 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,908,173
Year claims were notified - 2012 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,915,173
Year claims were notified - 2012 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,927,529
Year claims were notified - 2012 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,957,403
Year claims were notified - 2012 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,963,901
Year claims were notified - 2012 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,978,029
Year claims were notified - 2013
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	2,884,539
Payments of claims	(2,828,093)
Liquid outstanding claims for reinsurance	56,446
Year claims were notified - 2013 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,021,084
Year claims were notified - 2013 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,849,909
Year claims were notified - 2013 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,832,016
Year claims were notified - 2013 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,874,862
Year claims were notified - 2013 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,868,888
Year claims were notified - 2013 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	2,884,539
Year claims were notified - 2014
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	3,539,721
Payments of claims	(3,465,828)
Liquid outstanding claims for reinsurance	73,893
Year claims were notified - 2014 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,761,029
Year claims were notified - 2014 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,527,585
Year claims were notified - 2014 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,539,989
Year claims were notified - 2014 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,526,769
Year claims were notified - 2014 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,539,721
Year claims were notified - 2015
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	3,921,156
Payments of claims	(3,820,923)
Liquid outstanding claims for reinsurance	100,233
Year claims were notified - 2015 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	4,074,519
Year claims were notified - 2015 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,954,939
Year claims were notified - 2015 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,900,981
Year claims were notified - 2015 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,921,156
Year claims were notified - 2016
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	3,803,980
Payments of claims	(3,691,990)
Liquid outstanding claims for reinsurance	111,990
Year claims were notified - 2016 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,960,519
Year claims were notified - 2016 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,796,535
Year claims were notified - 2016 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,803,980
Year claims were notified - 2017
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	3,702,199
Payments of claims	(3,562,902)
Liquid outstanding claims for reinsurance	139,297
Year claims were notified - 2017 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,710,845
Year claims were notified - 2017 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,702,199
Year claims were notified - 2018
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	3,410,760
Payments of claims	(2,698,387)
Liquid outstanding claims for reinsurance	712,373
Year claims were notified - 2018 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	3,410,760
Year claims were notified - Total
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	32,491,363
Payments of claims	(31,113,037)
Liquid outstanding claims for reinsurance	R$ 1378326

Insurance technical provisio_14

Insurance technical provisions and pension plans (Details 12) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	R$ 5818525	R$ 5879921
Liquid outstanding claims for reinsurance	4,332,935	R$ 4190074
Year claims were notified - Up to 2008
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	940,357
Payments of claims	(874,391)
Liquid outstanding claims for reinsurance	65,966
Year claims were notified - Up to 2008 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	852,110
Year claims were notified - Up to 2008 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	861,992
Year claims were notified - Up to 2008 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	878,363
Year claims were notified - Up to 2008 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	874,269
Year claims were notified - Up to 2008 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	872,339
Year claims were notified - Up to 2008 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	870,461
Year claims were notified - Up to 2008 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	871,248
Year claims were notified - Up to 2008 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	872,001
Year claims were notified - Up to 2008 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	875,280
Year claims were notified - Up to 2008 | Nine years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	870,736
Year claims were notified - Up to 2008 | Ten years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	940,357
Year claims were notified - 2009
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	950,290
Payments of claims	(933,233)
Liquid outstanding claims for reinsurance	17,057
Year claims were notified - 2009 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	901,321
Year claims were notified - 2009 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	926,499
Year claims were notified - 2009 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	943,781
Year claims were notified - 2009 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	937,472
Year claims were notified - 2009 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	944,170
Year claims were notified - 2009 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	954,487
Year claims were notified - 2009 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	951,993
Year claims were notified - 2009 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	944,581
Year claims were notified - 2009 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	944,664
Year claims were notified - 2009 | Nine years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	950,290
Year claims were notified - 2010
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,017,016
Payments of claims	(983,539)
Liquid outstanding claims for reinsurance	33,477
Year claims were notified - 2010 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,007,851
Year claims were notified - 2010 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,015,094
Year claims were notified - 2010 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,021,283
Year claims were notified - 2010 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,011,228
Year claims were notified - 2010 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,022,136
Year claims were notified - 2010 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,019,647
Year claims were notified - 2010 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,017,766
Year claims were notified - 2010 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,009,936
Year claims were notified - 2010 | Eight years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,017,016
Year claims were notified - 2011
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,209,690
Payments of claims	(1,159,655)
Liquid outstanding claims for reinsurance	50,035
Year claims were notified - 2011 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,191,045
Year claims were notified - 2011 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,188,264
Year claims were notified - 2011 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,188,774
Year claims were notified - 2011 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,197,624
Year claims were notified - 2011 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,195,079
Year claims were notified - 2011 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,201,083
Year claims were notified - 2011 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,200,703
Year claims were notified - 2011 | Seven years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,209,690
Year claims were notified - 2012
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,239,976
Payments of claims	(1,194,341)
Liquid outstanding claims for reinsurance	45,635
Year claims were notified - 2012 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,235,104
Year claims were notified - 2012 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,226,271
Year claims were notified - 2012 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,236,289
Year claims were notified - 2012 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,236,075
Year claims were notified - 2012 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,234,363
Year claims were notified - 2012 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,233,898
Year claims were notified - 2012 | Six years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,239,976
Year claims were notified - 2013
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,304,644
Payments of claims	(1,237,017)
Liquid outstanding claims for reinsurance	67,627
Year claims were notified - 2013 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,305,822
Year claims were notified - 2013 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,298,610
Year claims were notified - 2013 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,326,512
Year claims were notified - 2013 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,309,876
Year claims were notified - 2013 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,296,147
Year claims were notified - 2013 | Five years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,304,644
Year claims were notified - 2014
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,242,937
Payments of claims	(1,124,959)
Liquid outstanding claims for reinsurance	117,978
Year claims were notified - 2014 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,330,460
Year claims were notified - 2014 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,373,160
Year claims were notified - 2014 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,368,575
Year claims were notified - 2014 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,277,276
Year claims were notified - 2014 | Four years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,242,937
Year claims were notified - 2015
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,323,435
Payments of claims	(1,143,581)
Liquid outstanding claims for reinsurance	179,854
Year claims were notified - 2015 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,415,524
Year claims were notified - 2015 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,425,789
Year claims were notified - 2015 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,403,515
Year claims were notified - 2015 | Three years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,323,435
Year claims were notified - 2016
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,468,731
Payments of claims	(1,296,273)
Liquid outstanding claims for reinsurance	172,458
Year claims were notified - 2016 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,493,336
Year claims were notified - 2016 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,491,439
Year claims were notified - 2016 | Two years after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,468,731
Year claims were notified - 2017
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,487,961
Payments of claims	(1,285,409)
Liquid outstanding claims for reinsurance	202,552
Year claims were notified - 2017 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,537,474
Year claims were notified - 2017 | One year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,487,961
Year claims were notified - 2018
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	1,438,028
Payments of claims	(1,047,827)
Liquid outstanding claims for reinsurance	390,201
Year claims were notified - 2018 | In the year after notification
Amount estimated for net claims for reinsurance:
Claims reported by policyholders	1,438,028
Year claims were notified - Total
Amount estimated for net claims for reinsurance:
Estimate of claims on the reporting date (2018)	13,623,065
Payments of claims	(12,280,225)
Liquid outstanding claims for reinsurance	R$ 1342840

Insurance technical provisio_15

Insurance technical provisions and pension plans (Details Text) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Insurance technical provisions and pension plans (Details Text)
Other technical provisions - Insurance includes the Provision for Insufficient Premiums (PIP)	R$ 2133130
Other technical provisions - Reserve for Related Expenses	37,577
Other technical provisions - Provision for redemptions and other amounts to be settled	2,248,238
Other technical provisions - Provision for related expenses	520,613
Other technical provisions - Complementary Reserve for Coverage (PCC)	1,010,035
Other technical provisions - Which includes the transfer of the mathematical provisions of benefits to be granted and benefits granted	2,007,136
Unearned Premium Reserve of risks covered not yet issued (PPNG-RVNE)	158,535
The claims table does not include the products	8,009,887	R$ 5365506
DPVAT insurance
Insurance technical provisions and pension plans (Details Text)
The claims table does not include the products	71,212
Retrocession
Insurance technical provisions and pension plans (Details Text)
The claims table does not include the products	19,089
Health and Dental insurance
Insurance technical provisions and pension plans (Details Text)
The claims table does not include the products	2,927,151
Estimate of salvages and redresses
Insurance technical provisions and pension plans (Details Text)
The claims table does not include the products	(155,016)
Incurred but not enough reported (IBNER) claims
Insurance technical provisions and pension plans (Details Text)
The claims table does not include the products	R$ 136529

Supplemental pension plans (Det

Supplemental pension plans (Details 1)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Risk Factors [Abstract]
Nominal discount rate	8.8% - 9.31% a.a.	8.5% - 10% p.a.
Nominal rate of minimum expected return on assets	9.6% - 25.01% a.a.	7.01% - 25.16% a.a.
Nominal rate of future salary increases	4.0% a.a.	4.3% p.a.
Nominal growth rate of social security benefits and plans	4.0% a.a.	4.3% p.a.
Initial rate of growth of medical costs	8.16% - 9.72% a.a.	10.51% a.a.
Inflation rate	4.0% a.a.	4.3% p.a.
Biometric table of overall mortality	AT 2000 and BR-SEM	AT 2000 and BR-SEM
Biometric table of entering disability	Per plan	Per plan
Probability of entering retirement	100% in the 1st eligibility to a benefit by the plan	100% in the 1st eligibility to a benefit by the plan

Supplemental pension plans (D_2

Supplemental pension plans (Details 2) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
(i) Projected benefit obligations:
Cost of service	R$ 151	R$ 401	R$ 906
Interest cost	273,893	282,210	204,712
Retirement Benefits
(i) Projected benefit obligations:
At the beginning of the year	2,323,338	2,141,393
Cost of service	151	186
Interest cost	219,239	227,980
Participant's contribution	881	1,197
Actuarial gain/(loss)	179,851	144,624
Benefit paid	(192,870)	(192,042)
At the end of the year	2,530,590	2,323,338	2,141,393
(ii) Plan assets at fair value:
At the beginning of the year	2,375,529	2,127,872
Expected earnings	225,060	227,360
Actuarial gain/(loss)	(61,063)	196,186
Contributions received:
Employer	15,472	14,957
Employees	881	1,197
Benefit paid	(192,870)	(192,043)
At the end of the year	2,363,009	2,375,529	2,127,872
(iii) Changes in the unrecoverable surplus
At the beginning of the year	206,752	123,416
Interest on the irrecoverable surplus	20,327	13,730
Change in the unrecoverable surplus	(173,054)	69,606
At the end of the year	54,025	206,752	123,416
(iv) Financed position:
Plans in deficit	221,606	154,561
Net balance	221,606	154,561
Other post-employment benefits
(i) Projected benefit obligations:
At the beginning of the year	563,079	498,591
Cost of service	0	215
Interest cost	54,654	54,230
Participant's contribution	0	0
Actuarial gain/(loss)	87,962	39,303
Benefit paid	(36,602)	(29,260)
At the end of the year	669,093	563,079	498,591
(ii) Plan assets at fair value:
At the beginning of the year	0	0
Expected earnings	0	0
Actuarial gain/(loss)	0	0
Contributions received:
Employer	0	0
Employees	0	0
Benefit paid	0	0
At the end of the year	0	0	0
(iii) Changes in the unrecoverable surplus
At the beginning of the year	0	0
Interest on the irrecoverable surplus	0	0
Change in the unrecoverable surplus	0	0
At the end of the year	0	0	R$ 0
(iv) Financed position:
Plans in deficit	669,093	563,079
Net balance	R$ 669093	R$ 563079

Supplemental pension plans (D_3

Supplemental pension plans (Details 3) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Projected Benefit Obligations [Abstract]
Cost of service	R$ 151	R$ 401	R$ 906
Cost of interest on actuarial obligations	273,893	282,210	204,712
Expected earnings from the assets of the plan	(225,060)	(227,360)	(174,937)
Net cost/(benefit) of the pension plans	R$ 48984	R$ 55251	R$ 28869

Supplemental pension plans (D_4

Supplemental pension plans (Details 4) R$ in Thousands	12 Months Ended
	Dec. 31, 2018BRL (R$)
Retirement Benefits
Maturity profile of the present value of the obligations of the benefit plans defined
Weighted average duration (years)	9.86
2019	R$ 202553
2020	208,484
2021	214,845
2022	220,785
2023	226,353
After 2023	R$ 1209851
Other post-employment benefits
Maturity profile of the present value of the obligations of the benefit plans defined
Weighted average duration (years)	15
2019	R$ 34171
2020	35,379
2021	38,409
2022	41,560
2023	45,091
After 2023	R$ 278367

Supplemental pension plans (D_5

Supplemental pension plans (Details 5)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Assets of the Alvorada Plan
Asset categories
Equities	0.00%	0.00%
Fixed income	93.30%	92.70%
Real estate	5.40%	5.70%
Other	1.30%	1.60%
Total	100.00%	100.00%
Assets of the Bradesco Plan
Asset categories
Equities	7.90%	4.70%
Fixed income	87.50%	90.60%
Real estate	2.50%	2.60%
Other	2.10%	2.10%
Total	100.00%	100.00%
Assets of the Kirton Plan
Asset categories
Equities	0.00%	0.00%
Fixed income	100.00%	100.00%
Real estate	0.00%	0.00%
Other	0.00%	0.00%
Total	100.00%	100.00%
Assets of the Losango Plan
Asset categories
Equities	17.70%	17.30%
Fixed income	82.30%	82.70%
Real estate	0.00%	0.00%
Other	0.00%	0.00%
Total	100.00%	100.00%

Supplemental pension plans (D_6

Supplemental pension plans (Details 6)	12 Months Ended
	Dec. 31, 2018BRL (R$)
Sensitivity analysis: Increase of 1 b.p. | Discount rate
Sensitivity analysis of the benefit plan obligations
Rate	9.80% - 10.31%
Effect on actuarial liabilities	reduction
Effect on the present value of the obligations	R$ 185803
Sensitivity analysis: Increase of 1 b.p. | Medical inflation rate
Sensitivity analysis of the benefit plan obligations
Rate	9.16% - 10.72%
Effect on actuarial liabilities	increase
Effect on the present value of the obligations	R$ 74081
Sensitivity analysis: Decrease of 1 b.p. | Discount rate
Sensitivity analysis of the benefit plan obligations
Rate	7.80% - 8.31%
Effect on actuarial liabilities	increase
Effect on the present value of the obligations	R$ 491193
Sensitivity analysis: Decrease of 1 b.p. | Medical inflation rate
Sensitivity analysis of the benefit plan obligations
Rate	7.16% - 8.72%
Effect on actuarial liabilities	reduction
Effect on the present value of the obligations	R$ 62077

Supplemental pension plans (D_7

Supplemental pension plans (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Supplemental pension plans (Details Text)
Contributions to defined-benefit plans are expected	R$ 18282
Impact on the actuarial exposure	8.5% - 10.0% p.a.
Expenses related to contributions	R$ 942427	R$ 988905
Other employee expense	R$ 4550580	R$ 5594368
Supplementary Pension Plan - Minimum
Supplemental pension plans (Details Text)
Contributions - Supplementary Pension Plan	4.00%
Supplementary Pension Plan - Maximum
Supplemental pension plans (Details Text)
Contributions - Supplementary Pension Plan	5.00%

Provisions, Contingents Asset_3

Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Details 1) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Labor
Changes in other provision
Balance on		R$ 5983603	R$ 5554796	R$ 5101732
Adjustment for inflation		677,970	637,263
Provisions, net of reversals and write-offs		1,289,664	1,002,559
Payments		(1,538,827)	(1,186,758)
Civil
Changes in other provision
Balance on		5,614,362	5,346,563	5,003,440
Adjustment for inflation		508,399	484,447
Provisions, net of reversals and write-offs		912,287	830,642
Payments		(1,152,887)	(971,966)
Tax
Changes in other provision
Balance on	[1]	8,204,206	7,589,368	R$ 8187237
Adjustment for inflation	[1]	386,671	500,719
Provisions, net of reversals and write-offs	[1]	531,052	(984,342)
Payments	[1]	R$ 302885	R$ 114246
[1]	In 2017, there were reversals of provisions related to: (i) the PIS process, related to the remuneration of amounts unduly paid, in the amount of R$268,729 thousand; (ii) IRPJ/CSLL on credit losses, in the amount of R$408,730 thousand; and (iii) favorable decision in the process of social security contribution on the remuneration paid to accredited dentists (INSS of Autonomous), in the amount of R$348,820 thousand.

Provisions, Contingents Asset_4

Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Details Text)
PIS and COFINS	R$ 2562453	R$ 2489247
Pension Contributions	1,729,211	1,466,469
IRPJ/CSLL on losses of credits	1,461,621	1,614,663
IRPJ/CSLL on MTM	607,258
INSS of Autonomous	R$ 470237	643,655
Social security contribution on remunerations paid to third-party service providers	20.00%
Social security contribution on remunerations paid to third-party service providers - Additional	2.50%
INSS - Contribution to SAT	R$ 417442	401,018
Reversals of provisions related - PIS		268,729
IRPJ/CSLL on credit losses		408,730
Favorable decision in the process of social security contribution on the remuneration paid to accredited dentists (INSS of Self-employed)		348,820
The Organization maintains a system to monitor all administrative and judicial proceedings in which the institution is plaintiff or defendant
2006 to 2013 income tax and social contribution, relating to goodwill amortization being disallowed on the acquisition of investments	6,863,623	6,264,741
Fines and disallowances of Cofins loan compensations, released after a favorable decision in a judicial proceeding, where the unconstitutionality of the expansion of the intended calculation base was discussed for revenues other than those from billing (Law no 9,718/98)	5,070,337	4,902,151
Leasing companies' Tax on Services of any Nature (ISSQN), total lawsuits correspond	2,478,296	2,394,087
IRPJ and CSLL deficiency note relating to disallowance of exclusions of revenues from the mark-to-market of securities from 2007 to 2012, differences in depreciation expenses, insufficient depreciation expenses, expenses with depreciation of leased assets, operating expenses and income and disallowance of tax loss compensation	1,759,431	2,431,844
IRPJ and CSLL deficiency note - 2012 and 2013 - due to the disallowance of operating expenses (CDI), related to resources that were capitalized between the companies of the Organization	1,689,160
Notifications and disallowances of compensations of PIS and Cofins related to the unconstitutional extension of the basis of calculation intended for other income other than the billing (Law no 9,718/98), from acquired companies	1,445,126	1,399,506
IRPJ and CSLL deficiency notice relating to the disallowance of loan loss deductions	859,049	969,713
IRPJ and CSLL deficiency note	R$ 508180	R$ 489687
Contribution
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Details Text)
INSS - Contribution to SAT - Percent	1.00%
Increase to
Provisions, Contingents Assets and Liabilities and Legal Obligations - Tax and Social Security (Details Text)
INSS - Contribution to SAT - Percent	3.00%

Other liabilities (Details 1)

Other liabilities (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Other liabilities [Abstract]
Financial liabilities		R$ 62598235	R$ 62439512
Credit card transactions	[1]	22,887,885	26,163,066
Foreign exchange transactions	[2]	19,801,468	17,085,029
Loan assignment obligations		8,058,619	8,454,076
Capitalization bonds		8,186,955	7,562,974
Securities trading		3,321,219	2,317,155
Liabilities for acquisition of assets - financial leases (Note 43a)		342,089	857,212
Other liabilities		34,157,435	35,377,312
Third party funds in transit	[3]	7,135,635	7,211,038
Provision for payments		8,266,532	8,743,428
Sundry creditors		3,137,923	3,205,800
Shares		4,966,975	4,524,457
Other taxes payable		1,757,283	1,466,306
Liabilities for acquisition of assets and rights		1,206,376	1,480,777
Other		7,686,711	8,745,506
Total		R$ 96755670	R$ 97816824
[1]	Refers to amounts payable to merchants;
[2]	Mainly refers to the institution's sales in foreign currency to customers and its right's in domestic currency, resulting from exchange sale operations;
[3]	Mainly refers to payment orders issued domestically and the amount of payment orders in foreign currency coming from overseas.

Other liabilities (Details 2)

Other liabilities (Details 2) - BRL (R$) R$ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Composition by maturity of financial leases and details of operating leases
Total	R$ 342089	R$ 857212
Due within one year
Composition by maturity of financial leases and details of operating leases
Total	296,691	564,337
From 1 to 2 years
Composition by maturity of financial leases and details of operating leases
Total	45,398	256,327
From 2 to 3 years
Composition by maturity of financial leases and details of operating leases
Total	R$ 0	R$ 36548

Other liabilities (Details Text

Other liabilities (Details Text) R$ in Thousands	Dec. 31, 2018BRL (R$)
Other liabilities (Details Text)
Total non-cancellable minimum future payments due on operating leases	R$ 11340768
Due within 1 year
Other liabilities (Details Text)
Total non-cancellable minimum future payments due on operating leases	853,882
Due between 1-5 years
Other liabilities (Details Text)
Total non-cancellable minimum future payments due on operating leases	3,250,392
Due more than 5 years
Other liabilities (Details Text)
Total non-cancellable minimum future payments due on operating leases	R$ 7236494

Equity (Details 1)

Equity (Details 1) - shares	Dec. 31, 2018	Dec. 31, 2017	[1]	Dec. 31, 2016	[1]
Composition of share capital in number of shares
Subtotal	6,719,858,095	6,719,858,095
Total outstanding shares	6,693,580,972	6,693,580,972		6,693,580,972
Common shares
Composition of share capital in number of shares
Subtotal	3,359,929,223	3,359,929,223
Total outstanding shares	3,354,393,420	3,354,393,420		3,354,393,420
Preferred shares
Composition of share capital in number of shares
Subtotal	3,359,928,872	3,359,928,872
Total outstanding shares	3,339,187,552	3,339,187,552		3,339,187,552
Treasury (common shares)
Composition of share capital in number of shares
Total outstanding shares	(5,535,803)	(5,535,803)
Treasury (preferred shares)
Composition of share capital in number of shares
Total outstanding shares	(20,741,320)	(20,741,320)
[1]	All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018 in proportion of one new share for every 10 shares held.

Equity (Details 2)

Equity (Details 2) - shares	Dec. 31, 2018	Dec. 31, 2017	[1]	Dec. 31, 2016	[1]
Changes in capital stock, in number of shares
Number of shares outstanding	6,693,580,972	6,693,580,972		6,693,580,972
Common shares
Changes in capital stock, in number of shares
Number of shares outstanding	3,354,393,420	3,354,393,420		3,354,393,420
Preferred shares
Changes in capital stock, in number of shares
Number of shares outstanding	3,339,187,552	3,339,187,552		3,339,187,552
[1]	All share amounts presented for prior periods have been adjusted to reflect the stock split approved at the Special Shareholders' Meeting held on March 12, 2018 in proportion of one new share for every 10 shares held.

Equity (Details Text)

Equity (Details Text) - BRL (R$)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Mar. 12, 2018	Mar. 10, 2017
Equity (Details Text)
Share bonus			10
Shares	R$ 4966975000	R$ 4524457000
Expected dividend as percentage, share options granted	30.00%
Legal reserve - annual statutory net income	5.00%
Statutory Reserve - net income remaining after statutory allocations	100.00%
Accumulated value limited - Paid-in capital share amount	95.00%
Distributed dividends (including interest on equity)	R$ 7298596000	R$ 7204344000
The amount of dividends paid per common shares	R$ 1.04	R$ 1.03
The amount of dividends paid per preferred shares	R$ 1.14	R$ 1.13
Nominative-book entry shares, with no nominal value
Number of shares issued			610,896,190	555,360,173
Common shares
Nominative-book entry shares, with no nominal value
Number of shares issued			305,448,111	277,680,101
Preferred shares
Nominative-book entry shares, with no nominal value
Number of shares issued			305,448,079	277,680,072
Increase amount
Equity (Details Text)
Shares			R$ 8000000000	R$ 8000000000
Current value
Equity (Details Text)
Shares			59,100,000,000	51,100,000,000
Amount
Equity (Details Text)
Shares			R$ 67100000000	R$ 59100000000

Transactions with related par_3

Transactions with related parties (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Assets
Loans and advances to banks		R$ 585191	R$ 724369
Securities and derivative financial instruments		35,282	0
Other assets		376,015	3,572
Liabilities
Customer and financial institution resources		4,119,070	1,348,715
Securities and subordinated debt securities		9,366,453	8,028,039
Other liabilities	[1]	11,648,381	11,130,847
Controllers
Assets
Loans and advances to banks	[2]	0	0
Securities and derivative financial instruments	[2]	16,015	0
Other assets	[2]	9	0
Liabilities
Customer and financial institution resources	[2]	2,899,619	903,590
Securities and subordinated debt securities	[2]	8,569,271	6,632,932
Other liabilities	[1],[2]	1,541,011	2,302,970
Associates and Jointly controlled companies
Assets
Loans and advances to banks	[3]	585,191	724,369
Securities and derivative financial instruments	[3]	19,267	0
Other assets	[3]	326,762	3,572
Liabilities
Customer and financial institution resources	[3]	1,098,865	347,816
Securities and subordinated debt securities	[3]	0	0
Other liabilities	[1],[3]	10,101,886	8,827,877
Key Management Personnel
Assets
Loans and advances to banks	[4]	0	0
Securities and derivative financial instruments	[4]	0	0
Other assets	[4]	49,244	0
Liabilities
Customer and financial institution resources	[4]	120,586	97,309
Securities and subordinated debt securities	[4]	797,182	1,395,107
Other liabilities	[1],[4]	R$ 5484	R$ 0
[1]	Includes interest on shareholders' equity and dividends payable.
[2]	Cidade de Deus Cia. Coml. de Participacoes, Fundacao Bradesco, NCF Participacoes S.A., BBD Participacoes S.A. and Nova Cidade de Deus Participacoes S.A.;
[3]	Companies listed in Note 32;
[4]	Members of the Board of Directors and the Board of Executive Officers;

Transactions with related par_4

Transactions with related parties (Details 2) - BRL (R$) R$ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues and expenses
Net interest income		R$ 845688	R$ 931206	R$ 1280078
Other revenues		316,413	441,381	360,286
Other expenses		(2,363,109)	(291,752)	(226,835)
Controllers
Revenues and expenses
Net interest income	[1]	(778,829)	(887,059)	(1,129,931)
Other revenues	[1]	334	0	0
Other expenses	[1]	(50,745)	(2,652)	(2,391)
Associates and Jointly controlled companies
Revenues and expenses
Net interest income	[2]	(11,814)	40,671	(41,814)
Other revenues	[2]	315,832	441,381	360,286
Other expenses	[2]	(2,635,494)	(289,100)	(224,444)
Key Management Personnel
Revenues and expenses
Net interest income	[3]	(55,045)	(84,818)	(108,333)
Other revenues	[3]	247	0	0
Other expenses	[3]	R$ 323130	R$ 0	R$ 0
[1]	Cidade de Deus Cia. Coml. de Participacoes, Fundacao Bradesco, NCF Participacoes S.A., BBD Participacoes S.A. and Nova Cidade de Deus Participacoes S.A.;
[2]	Companies listed in Note 32;
[3]	Members of the Board of Directors and the Board of Executive Officers;

Transactions with related par_5

Transactions with related parties (Details 3) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Shortterm Benefits For Management [Abstract]
Salaries	R$ 485949	R$ 456262	R$ 441592
Total	R$ 485949	R$ 456262	R$ 441592

Transactions with related par_6

Transactions with related parties (Details 4) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Postemployment Benefits [Abstract]
Defined contribution supplementary pension plans	R$ 474378	R$ 473663	R$ 251250
Total	R$ 474378	R$ 473663	R$ 251250

Transactions with related par_7

Transactions with related parties (Details 5)		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Equity Participation [Abstract]
Common shares		0.50%	0.50%
Preferred shares		1.10%	1.00%
Total shares	[1]	0.80%	0.80%
[1]	On December 31, 2018, direct and indirect shareholding of the members of the Board of Directors and the Board of Executive Officers in Bradesco totaled 2.6% of common shares, 1.1% of preferred shares and 1.9% of all shares (2017 - 2.3% of common shares, 1.1% of preferred shares and 1.7% of all shares).

Transactions with related par_8

Transactions with related parties (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Transactions with related parties (Details Text)
Remuneration of key management personnel	R$ 530689
Remuneration of key management personnel - Defined contribution pension plans	R$ 534780
Policy on Management compensation	50.00%
Individuals or corporations that own, their capital
Transactions with related parties (Details Text)
Financial institutions are not allowed to grant loans or advances	10.00%
Corporations in which the financial institution itself, any officers or administrators of the institution, as well as their spouses and respective family members up to the second degree, have equity
Transactions with related parties (Details Text)
Financial institutions are not allowed to grant loans or advances	10.00%
Common shares
Transactions with related parties (Details Text)
Direct and indirect shareholding of the members of Board of Directors and Board of Executive Officers	2.60%	2.30%
Preferred shares
Transactions with related parties (Details Text)
Direct and indirect shareholding of the members of Board of Directors and Board of Executive Officers	1.10%	1.10%
All Shares
Transactions with related parties (Details Text)
Direct and indirect shareholding of the members of Board of Directors and Board of Executive Officers	1.90%	1.70%

Off-balance sheet commitments_2

Off-balance sheet commitments (Details 1) - BRL (R$) R$ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Offbalance Sheet Commitments [Abstract]
Commitments to extend credit	[1]	R$ 228113067	R$ 203927816
Financial guarantees	[2]	72,870,964	78,867,348
Letters of credit for imports		361,593	294,229
Total		R$ 301345624	R$ 283089393
[1]	Includes available lines of credit, limits for credit cards, personal loans, housing loans and overdrafts;
[2]	Refers to guarantees mostly provided for Corporate customers.

New standards and amendments _3

New standards and amendments and interpretations of existing standards (Details 1)	Dec. 31, 2017BRL (R$)
Reconciliation Of The Shareholders Equity In The Transition From IAS 39 To IFRS 9 [Abstract]
Shareholders' equity in accordance with IAS 39 as of December 31, 2017	R$ 117693704
IFRS 9 adjustments
Expected credit loss for credit operations	(3,829,475)	[1]
Expected credit loss for other financial assets	(743,048)
Remesuration of assets by virtue of the new classification of IFRS 9	644,398	[2]
Other	366,102	[3]
Deferred income tax	1,424,809
Shareholders' equity in accordance with IFRS 9 as of January 1, 2018	R$ 115556490
[1]	Includes financial guarantees given and loan commitments;
[2]	Change of the measurement of financial assets in accordance with the new classification of IFRS 9;
[3]	Accounting adequacy as required by IFRS 9 in the reclassification of securities measured at fair value through other comprehensive income.

New standards and amendments _4

New standards and amendments and interpretations of existing standards (Details 2)	12 Months Ended
	Dec. 31, 2017BRL (R$)
Assets | Cash and cash equivalents
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 81742951
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 81742951
Assets | Financial assets at fair value through profit or loss
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	242,511,223
Remeasurement	R$ 0
IFRS 9 - Category	At fair value through profit or loss
IFRS 9 - 01/01/2018	R$ 242511223
Assets | Financial assets held for trading
New reclassifications and measurements
IAS 39 - Category	Held for trading
IAS 39 - 31/12/2017	R$ 241710041
Reclassifications	(241,710,041)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 0
Assets | Financial assets at fair value through other comprehensive income
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	182,799,142
Remeasurement	R$ 0
IFRS 9 - Category	Fair value through other comprehensive income
IFRS 9 - 01/01/2018	R$ 218860066
Assets | Financial assets available for sale
New reclassifications and measurements
IAS 39 - Category	Available for sale
IAS 39 - 31/12/2017	R$ 159412722
Reclassifications	(159,412,722)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 0
Assets | Financial assets at amortized cost - Loans and advances to banks, net of impairment
New reclassifications and measurements
IAS 39 - Category	Loans and receivables
IAS 39 - 31/12/2017	R$ 32247724
Reclassifications	123,473,446
Remeasurement	R$ 0
IFRS 9 - Category	At amortized cost
IFRS 9 - 01/01/2018	R$ 155721170
Assets | Financial assets at amortized cost - Loans and advances to customers, net of impairment
New reclassifications and measurements
IAS 39 - Category	Loans and receivables
IAS 39 - 31/12/2017	R$ 346758099
Reclassifications	0
Remeasurement	R$ 1173870
IFRS 9 - Category	At amortized cost
IFRS 9 - 01/01/2018	R$ 345584229
Assets | Financial assets at amortized cost - Securities net of provision for losses
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	75,320,243
Remeasurement	R$ 267452
IFRS 9 - Category	At amortized cost
IFRS 9 - 01/01/2018	R$ 39526771
Assets | Financial assets at amortized cost - Other financial assets
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	39,877,774
Remeasurement	R$ 0
IFRS 9 - Category	At amortized cost
IFRS 9 - 01/01/2018	R$ 39877774
Assets | Investments held to maturity
New reclassifications and measurements
IAS 39 - Category	Held to maturity
IAS 39 - 31/12/2017	R$ 39006118
Reclassifications	(39,006,118)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 0
Assets | Financial assets pledged as collateral
New reclassifications and measurements
IAS 39 - Category	Other
IAS 39 - 31/12/2017	R$ 183975173
Reclassifications	(183,975,173)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 0
Assets | Non-current assets held for sale
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1520973
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1520973
Assets | Investments in associates and joint ventures
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 8257384
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 8257384
Assets | Premises and equipment
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 8432475
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 8432475
Assets | Intangible assets and goodwill
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 16179307
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 16179307
Assets | Taxes to be offset
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 10524575
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 10524575
Assets | Deferred taxes
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 43731911
Reclassifications	0
Remeasurement	R$ 1424809
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 45156720
Assets | Other assets
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 50853987
Reclassifications	(39,877,774)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 10976213
Assets | Total assets
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1224353440
Reclassifications	0
Remeasurement	R$ 518391
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1224871831
Liabilities | Liabilities at amortized cost - Deposits from banks
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 285957468
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 285957468
Liabilities | Liabilities at amortized cost - Deposits from customers
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 262008445
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 262008445
Liabilities | Liabilities at amortized cost - Funds from issuance of securities
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 135174090
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 135174090
Liabilities | Liabilities at amortized cost - Subordinated debts
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 50179401
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 50179401
Liabilities | Liabilities at amortized cost - Other financial liabilities
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	62,439,512
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 62439512
Liabilities | Financial liabilities at fair value through profit or loss
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	14,274,999
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 14274999
Liabilities | Financial liabilities held for trading
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 14274999
Reclassifications	(14,274,999)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 0
Liabilities | Provision for Expected Loss - Loan Commitments
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	0
Remeasurement	R$ 1840205
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1840205
Liabilities | Provision for Expected Loss - Financial guarantees
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 0
Reclassifications	0
Remeasurement	R$ 815400
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 815400
Liabilities | Insurance technical provisions and pension plans
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 239089590
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 239089590
Liabilities | Other reserves
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 18490727
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 18490727
Liabilities | Deferred taxes
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1251847
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1251847
Liabilities | Other liabilities
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 97816824
Reclassifications	(62,439,512)
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 35377312
Liabilities | Total liabilities
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1106659736
Reclassifications	0
Remeasurement	R$ 2655605
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1109315341
Shareholders' equity | Capital
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 440514
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 440514
Shareholders' equity | Treasury shares
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 440514
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 440514
Shareholders' equity | Capital reserves
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 35973
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 35973
Shareholders' equity | Profit reserves
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 70496
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 70496
Shareholders' equity | Additional paid-in capital
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 70496
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 70496
Shareholders' equity | Other comprehensive income
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1817659
Reclassifications	0
Remeasurement	R$ 59240
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1876899
Shareholders' equity | Retained earnings
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 7338990
Reclassifications	0
Remeasurement	R$ 2196454
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 5142536
Shareholders' equity | Equity attributable to controlling shareholders
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 117403831
Reclassifications	0
Remeasurement	R$ 2137214
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 115266617
Shareholders' equity | Non-controlling interest
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 289873
Reclassifications	0
Remeasurement	R$ 0
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 289873
Shareholders' equity | Total equity
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 117693704
Reclassifications	0
Remeasurement	R$ 2137214
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 115556490
Liabilities and Equity | Total Liabilities and Equity
New reclassifications and measurements
IAS 39 - Category	n/a
IAS 39 - 31/12/2017	R$ 1224353440
Reclassifications	0
Remeasurement	R$ 518391
IFRS 9 - Category	n/a
IFRS 9 - 01/01/2018	R$ 1224871831

New standards and amendments _5

New standards and amendments and interpretations of existing standards (Details Text) - BRL (R$)	Dec. 31, 2018	Dec. 31, 2017
New Standards And Amendments And Interpretations Of Existing Standards Details Text [Abstract]
Equity investments classified as available for sale with fair value - Held for long-term strategic purposes		R$ 11038000000
Reclassifications - Debentures		35,600,087,000
Reclassifications - Promissory notes		486,289,000
Financial assets pledged as collateral
Loans and advances to financial institutions, net of provision for losses		123,691,195,000
Financial assets at fair value through profit or loss		801,182,000
Financial assets at fair value through other comprehensive income		R$ 59482796000
Impacts on the balance sheet
Recognition of right of use assets	R$ 3984117000
Recognition of right of use liabilities	R$ 4518042000

Other information (Details Text

Other information (Details Text) - BRL (R$) R$ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Oct. 02, 2018
Other information (Details Text)
Acquisition of shares				65.00%
Investment funds managed by Organization		R$ 4377508
Consortium which nature and involvement is related to generation management fees of consortium quotas	R$ 1525280	1,463,469	R$ 1079653
Unconsolidated structured entities
Other information (Details Text)
Investment funds managed by Organization	369,063,713	338,846,142
Revenues earned - Investment funds managed by Organization	1,525,280	1,463,469
Consortium which nature and involvement is related to generation management fees of consortium quotas	76,893,786	74,323,031
Consortium which nature and involvement is related to generation management fees of consortium quotas - Revenues	R$ 1683942	R$ 1526660