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Banco Daycoval shareholders to get 45.3M reais in interest on equity

Banco Daycoval SA said its board unanimously approved a gross payment of about 45.3 million Brazilian reais in interest on shareholders' equity for 2017.

The amount, which corresponds to 22.18 centavos per share, is subject to income tax and will become available to shareholders starting from Jan. 15, 2018, the bank said.

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