John Deere’s Bank in Brazil Collaborates with Major Retail Bank

Editor's note 7/25/22: This article has been corrected to state the new entity is a collaborative effort between Deere and Bradesco, which was originally, incorrectly reported to be a merger between the two.

John Deere announced its financial unit in Brazil had collaborated on a new entity named InovaBra. The ownership of the new unit will be shared with Bradesco, one of the largest retail banks in the country.

The interest of Bradesco is attributed…

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