willpay a dividend totaling 12.85 million reais, or 1.35 reais per share, fromearnings generated in the second quarter of 2016, the bank said July 13.

Paymentof the dividend, which is subject to a 15% income tax, will be made on July 29to shareholders of record as of July 18.

As of July 12, US$1 was equivalentto 3.27 Brazilian reais.