DERIVATIVE FINANCIAL INSTRUMENTS AND FINANCIAL INSTRUMENTS RELATED TO CREDIT (Tables)

12 Months Ended

Dec. 31, 2010

Derivative Financial Instruments and Financial Instruments Related To Credit (Tables) [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

	Memorandum accounts				Balance sheet accounts
	Notional amounts		Notional amounts		Carrying value			Carrying value
	12/31/2010		12/31/2009		12/31/2010			12/31/2009
Interest rate products		2,628,747		1,888,447		1,625			476
Futures contracts		262,847		182,997		(32	)		(4	)
Purchase commitments		117,641		88,852		140			19
Sale commitments		145,206		94,145		(172	)		(23	)
Swap agreements		114,940		119,978		1,323			680
Asset position		61,263		62,528		2,984			2,519
Liability position		53,677		57,450		(1,661	)		(1,839	)
Options		2,243,675		1,579,785		(143	)		(91	)
Purchase commitments		1,180,676		850,060		761			1,206
Sale commitments		1,062,999		729,725		(904	)		(1,297	)
Forward contracts		839		1,294		(19	)		11
Purchase commitments		539		839		63			92
Sale commitments		300		455		(82	)		(81	)
Credit derivatives		5,748		4,363		135			(90	)
Purchase commitments		2,622		1,617		256			12
Sale commitments		3,126		2,746		(121	)		(102	)
Other		698		30		361			(30	)
Purchase commitments		698		-		374			-
Sale commitments		-		30		(13	)		(30	)
Foreign exchange products		160,231		209,408		(1,085	)		(607	)
Futures contracts		21,185		22,099		(14	)		(4	)
Purchase commitments		8,128		3,160		-			22
Sale commitments		13,057		18,939		(14	)		(26	)
Swap agreements		21,987		22,492		(333	)		(196	)
Asset position		7,378		9,820		(5	)		295
Liability position		14,634		12,672		(328	)		(491	)
Options		80,459		145,350		(215	)		(137	)
Purchase commitments		37,198		80,571		792			527
Sale commitments		43,261		64,779		(1,007	)		(664	)
Forward contracts		35,880		11,809		(531	)		(190	)
Purchase commitments		13,121		5,150		556			276
Sale commitments		22,759		6,659		(1,087	)		(466	)
Credit derivatives		76		137		-			(1	)
Purchase commitments		54		137		1			1
Sale commitments		22		-		(1	)		(2	)
Other		619		7,521		8			(79	)
Purchase commitments		259		3,234		191			420
Sale commitments		360		4,287		(183	)		(499	)
Commodities		4,762		7,690		1			19
Futures contracts		2,132		6,403		(9	)		(17	)
Purchase commitments		84		64		33			(12	)
Sale commitments		2,048		6,339		(42	)		(5	)
Swap agreements		397		195		(22	)		(9	)
Asset position		219		89		5			5
Liability position		178		106		(27	)		(14	)
Options		1,966		612		1			27
Purchase commitments		1,197		371		52			38
Sale commitments		769		241		(51	)		(11	)
Forward contracts		267		254		29			10
Purchase commitments		200		254		48			10
Sale commitments		67		-		(19	)		-
Other		-		226		-			8
Purchase commitments		-		155		-			17
Sale commitments		-		71		-			(9	)
Other		18		91		-			-
Futures contracts		10		11		-			-
Purchase commitments		1		2		-			-
Sale commitments		9		9		-			-
Swap agreements		8		58		-			-
Asset position		1		1		-			-
Liability position		7		57		-			-
Credit derivatives		-		22		-			-
Purchase commitments		-		22		-			1
Sale commitments		-		-		-			(1	)
Equity products		17,102		7,999		(394	)		(619	)
Futures contracts		5,875		5,276		-			-
Purchase commitments		1,645		2,132		-			-
Sale commitments		4,230		3,144		-			-
Swap agreements		61		138		2			81
Asset position		32		131		3			81
Liability position		29		7		(1	)		-
Options		5,871		2,575		(935	)		(700	)
Purchase commitments		4,181		1,812		147			48
Sale commitments		1,690		763		(1,082	)		(748	)
Forward contracts		1,419		-		1,393			-
Purchase commitments		1,419		-		1,393			-
Sale commitments		-		-		-			-
Credit derivatives		878		10		(1	)		-
Purchase commitments		227		10		4			1
Sale commitments		651		-		(5	)		(1	)
Other		2,998		-		117			-
Purchase commitments		2,438		-		164			-
Sale commitments		560		-		(47	)		-
Assets						7,789			5,549
Liabilities						(6,674	)		(6,281	)
Total						1,115			(732	)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance

Derivatives in relationships of cash flow hedges		Amount of gain or (loss) recognized in AOCI in derivatives (effective portion)		Place where gain or (loss) reclassified from AOCI to income are recognized (effective portion)		Amount of gain or (loss) reclassified from AOCI to income (effective portion)		Place where gain or (loss) are recognized in income (ineffective portion)		Amount of gain or (loss) recognized in result of derivatives (ineffective portion)
Futures of interest rate		3		Trading income (losses), net		1		Trading income (losses), net		0

Disclosure of Credit Derivatives [Table Text Block]

Schedule of credit derivative

	Maximum potential of future payments, gross		Before 1 year		From 1 to 3 years		From 3 to 5 years		Over 5 years		Fair value as of December 31, 2010			Fair value as of December 31, 2009
By instrument
CDS		3,375		541		1,234		1,184		416		(119	)		(103	)
TRS		424		416		-		8		-		(8	)		-
Total by instrument		3,799		957		1,234		1,192		416		(127	)		(103	)
By risk rating
Investment grade		3,799		957		1,234		1,192		416		(127	)		(103	)
Total by risk		3,799		957		1,234		1,192		416		(127	)		(103	)
By reference entity
Private entities		3,799		957		1,234		1,192		416		(127	)		(103	)
Total by entity		3,799		957		1,234		1,192		416		(127	)		(103	)

Schedule Of Notional Amount Of Purchased Credit Derivatives [Table Text Block]

Schedule of notional amount of purchased credit derivatives

	12/31/2010								12/31/2009
	Notional amount of hedge sold			Notional amount of hedge purchased with identical underlying amount		Net position			Net position
CDS		(3,375	)		2,902		(473	)		1,320
TRS		(424	)		-		(424	)		-
Total		(3,799	)		2,902		(897	)		1,320

Schedule Of Contractual Amounts Of Financial Instruments Related To Credit Table [Table Text Block]

Schedule of contractual amounts of financial instruments related to credit

	12/31/2010		12/31/2009
Commitments to extend credit		179,912		157,443
Standby letters of credit		756		1,207
Guarantees		37,618		31,234

Schedule Of Financial Guarantees [Table Text Block]

Schedule of financial guarantees

	12/31/2010				12/31/2009
	Contract amount		Fair value		Contract amount		Fair value
Standby letters of credit (*)		756		435		1,207		349
Guarantees (1)		37,618		108		31,234		68

(*) Include guarantees with contract amount of R$ 17 as of December 31, 2010 (R$ 8 as of December 31, 2009) issued in favor of clients classified as clients under monitoring, in accordance with our internal classification.

- Definition

Tabular disclosure of credit derivatives which includes information by sellers of credit derivatives, about each credit derivative, or each group of similar credit derivatives, including (a) the nature of the credit derivative - its term, how it arose, the events or circumstances that would require the seller to perform under the credit derivative, and the current status of the payment/performance risk of the credit derivative; (b) the maximum potential amount of future payments (undiscounted) the seller could be required to make under the credit derivative; (c) the current fair value of the credit derivative; and (d) the nature of any recourse provisions under the credit derivative, and any assets held either as collateral or by third parties. A credit derivative is a derivative instrument (1) in which one or more of its underlyings are related to the credit risk of a specified entity (or a group of entities) or an index based on the credit risk of a group of entities and (2) that exposes the seller to potential loss from credit-risk-related events specified in the contract. Examples of credit derivatives within the scope of this paragraph include, but are not limited to, credit default swaps, credit spread options, and credit index products; also includes a hybrid instrument that has an embedded credit derivative (for example, but not limited to, a credit-linked note).

+ References+ Details

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References+ Details

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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