BBD: Rising consumer demand will drive up stock price.

Overall, increasing consumer demand is driving retail banking growth by an average of 31% per year. Bradesco's results released on 04/28 cited 23% growth for the 1st quarter compared to the 1st quarter of 2007. Credit is getting tighter but capital inflows into brasil will continue to be strong considering a 5.4% GDP growth in 2007, making the country a magnet for investment. recently, Petroleo Brasileiro SA announced the purchase of LNG to meet rising energy demands, signalling that the economy continues to grow and that the country is preparing itself to meet energy demands to curb decreases in productivity in the dry seasons, currently brasil relies heavily in hydroelectricity. also, consumer lending is very creative in brasil and an increasing middle class will continue to demand such products. BBD or Itau are in the right position to win bids for the state owned Nossa Caixa bank.