Daniel Vannucci's questions to Banco Santander Brasil SA (BSBR) leadership • Q2 2025
Question
Daniel Vannucci of Bradesco BBI inquired about the rising delinquency in the Small and Medium-sized Enterprise (SME) portfolio, asking how concerning this trend is and how it ranks among the bank's other credit risks.
Answer
CEO Mario Roberto Opice Leão explained that while the macroeconomic environment presents challenges, the bank remains committed to the SME segment as a key growth area. He emphasized a strategy of cautious growth, focusing on collateralized products, increasing transactionality, and growing deposits. He noted the SME portfolio is highly profitable due to this holistic approach, and while the bank is exercising caution, its long-term strategic direction for the segment is unchanged.