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DEPOSITS FROM CUSTOMERS
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
DEPOSITS FROM CUSTOMERS

18)DEPOSITS FROM CUSTOMERS

 

Financial liabilities called “Deposits from customers” are initially measured at fair value and subsequently at amortized cost, using the effective interest rate method.

 

   
  R$ thousands
On December 31, 2024 On December 31, 2023
Demand deposits 44,119,254 49,634,288
Savings deposits 132,502,157 131,003,553
Time deposits 467,717,052 441,296,839
Total 644,338,463 621,934,680