The main subsidiaries included in the consolidated financial statements are as follows:
| Activity | Country | Shareholding interest | ||
| December 31 | ||||
| 2017 | 2016 | |||
| Banco Alvorada S.A. | Banking | Brazil | 99.99% | 99.99% |
| Banco Bradesco Financiamentos S.A. | Banking | Brazil | 100.00% | 100.00% |
| Banco Boavista Interatlântico S.A. (1) | Banking | Brazil | - | 100.00% |
| Banco Bradesco Argentina S.A. | Banking | Argentina | 99.99% | 99.99% |
| Banco Bradesco Europa S.A. | Banking | Luxembourg | 100.00% | 100.00% |
| Banco Bradesco BERJ S.A. | Banking | Brazil | 100.00% | 100.00% |
| Banco Bradescard S.A. | Cards | Brazil | 100.00% | 100.00% |
| Banco Bradesco BBI S.A. (1) | Investment bank | Brazil | 99.85% | 99.81% |
| Banco Bradesco Cartões S.A. | Cards | Brazil | 100.00% | 100.00% |
| Bradesco Administradora de Consórcios Ltda. (2) | Consortium Management | Brazil | 100.00% | 100.00% |
| Bradseg Participações S.A. | Holding | Brazil | 100.00% | 100.00% |
| Bradesco Auto/RE Cia. de Seguros | Insurance | Brazil | 100.00% | 100.00% |
| Bradesco Capitalização S.A. | Capitalization bonds | Brazil | 100.00% | 100.00% |
| Odontoprev S.A. | Dental care | Brazil | 50.01% | 50.01% |
| Bradesco Leasing S.A. Arrendamento Mercantil | Leasing | Brazil | 100.00% | 100.00% |
| Ágora Corretora de Títulos e Valores Mobiliários S.A. | Brokerage | Brazil | 100.00% | 100.00% |
| Bradesco S.A. Corretora de Títulos e Valores Mobiliários | Brokerage | Brazil | 100.00% | 100.00% |
| Bradesco Saúde S.A. | Insurance / Health | Brazil | 100.00% | 100.00% |
| Bradesco Seguros S.A. | Insurance | Brazil | 100.00% | 100.00% |
| Bradesco Vida e Previdência S.A. | Pension plan/Insurer | Brazil | 100.00% | 100.00% |
| Bradesplan Participações Ltda. | Holding | Brazil | 100.00% | 100.00% |
| BRAM - Bradesco Asset Management S.A. DTVM | Asset Management | Brazil | 100.00% | 100.00% |
| Tempo Serviços Ltda. | Services | Brazil | 100.00% | 100.00% |
| União Participações Ltda. | Holding | Brazil | 100.00% | 100.00% |
| Banco Losango S.A. | Banking | Brazil | 100.00% | 100.00% |
| Kirton Administradora de Consórcios Ltda (2) | Consortium management | Brazil | - | 100.00% |
| Kirton Bank Brasil S.A. | Banking | Brazil | 100.00% | 100.00% |
| Bradesco Kirton Corretora de Títulos e Valores Mobiliários S.A. | Brokerage | Brazil | 99.97% | 99.97% |
| Kirton Capitalização S.A. (3) | Capitalization bonds | Brazil | 100.00% | 99.97% |
| Kirton Seguros S.A. (4) (5) | Insurance | Brazil | 98.54% | 98.08% |
| Kirton Vida e Previdência S.A. | Pension plan/Insurer | Brazil | 100.00% | 100.00% |
| Kirton Participações e Investimentos Ltda (5) | Holding | Brazil | - | 100.00% |
(1) In November, 2017, Banco Boavista Interatlântico S.A. was merged into Banco Bradesco BBI S.A. with an increase in subscription for shares;
(2) In May 2017, Kirton Administradora de Consórcios Ltda. was merged into Bradesco Administradora de Consórcios Ltda.;
(3) Increase in interest, by means of acquisition of shares held by minority shareholders;
(4) Increase in interest by means of subscription of shares in July 2017; and
(5) Company merged into Kirton Seguros S.A., in July 2017.