SAO PAULO, Feb. 6, 2018 /PRNewswire/ -- Itaú Unibanco
Holding S.A. ("Company" or "Itaú Unibanco"), in compliance with
Article 157, Paragraph 4 of Law 6,404/76 and Instruction no. 358/02
of the Brazilian Securities and Exchange Commission, informs its
stockholders and the market in general that as of this date it has
announced its projections for the year 2018 in accordance with the
provision in item 11 ("Projections") of the Reference Form. The
projections already include Citibank's retail operations in
Brazil in 2017 and 2018 (*).
https://www.itau.com.br/_arquivosestaticos/RI/pdf/pt/Projecoes_-_Ingles.pdf
1 Also includes units abroad ex-Latin America;
2 Includes financial guarantees provided and
corporate securities;
3 Composed of Result from Loan Losses, Impairment
and Discounts Granted;
4 Commissions and Fees (+) Income from Insurance,
Pension Plan and Premium Bonds Operations (-) Expenses for Claims
(-) Insurance, Pension Plan and Premium Bonds Selling Expenses.
It is noteworthy mentioning that for 2018 the Company considers,
for management purposes, a cost of capital of around 13.5% per
year.
Information on outlooks for the business, projections and
operational and financial goals are solely forecasts, based on
management's current outlook in relation to the future of Itaú
Unibanco. These expectations are highly dependent on market
conditions, general economic performance of the country, of the
sector and the international markets. Therefore, our
effective results and performance may differ from those forecasted
in this prospective information.
Alexsandro Broedel
Lopes
Group Executive Finance Director and Investor Relations Officer
(*) Appendix: Income Statement and Credit Portfolio 2017
including Citibank
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SOURCE Itau Unibanco Holding S.A.