Brazil's Itau sees no impact from US tariffs on credit portfolio
ReutersAug 6, 2025 1:54 PM
SAO PAULO, Aug 6 (Reuters) - Brazilian lender Itau Unibanco ITUB4.SA does not expect tariffs imposed by the United States on some goods from Brazil to have an impact on the bank's credit portfolio, Chief Executive Milton Maluhy Filho said on Wednesday.
Potential impacts are immaterial and the company conducts detailed mapping of the segments, Maluhy Filho told a press conference after the bank reported its second-quarter results. "So far, we are very comfortable with it," he added.
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