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Banrisul to pay 105.6M reais in interest on equity for Q4'17

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Banrisul to pay 105.6M reais in interest on equity for Q4'17

Banco do Estado do Rio Grande do Sul SA, or Banrisul, said it will pay a net amount of about 105.6 million Brazilian reais in interest on equity for the fourth quarter of 2017.

The payment corresponds to about 25.80 centavos per ordinary share, 28.19 centavos per PNA share and 25.80 centavos per PNB share.

The interest will be paid on Feb. 20, 2018, to shareholders of record as of Jan. 4, 2018, Banrisul said.

As of Dec. 28, US$1 was equivalent to 3.30 Brazilian reais.