Governance
Key Facts
—The contract. Banco do Brasil (B3: BBAS3) signed a R$2.307bn ($448m) postal-services deal with Correios on 26 June, running sixty months.
—No competition. The bank took no rival quotes, citing the postal monopoly, which covers 97.84% of its postage spending.
—The disclosure. The bank filed it as a related-party transaction, and announced it to the market on 7 July.






