Banco do Brasil S.A. (Bank of Brazil) profile and corporate video
Banco do Brasil S.A. (Bank of Brazil) is a Brazilian financial services company headquartered in Brasília, Brazil. It was founded in 1808 by the prince regent John (later King John VI of Portugal) to finance the kingdom’s public debt when he moved from Europe to Brazil.
The company operates through the following business segments: Personal, Corporate, Public sector, and Other activities.
The Personal segment involves financial products and services such as accounts, cards, loans, investments, insurances, capitalization, pension plans, debt solutions, financial education, dental plans, credits, exchange, and others.
The Corporate segment covers financial products and services including company accounts, credits, investments, payments and receipts, cards, foreign trade, insurances, welfare, capitalization, debt solutions, cash management, capital market, international business, pension plans, agribusiness, and others.
The Public sector includes financial products and services such as management solutions, socioeconomic development, transparency programs, exchange, education programs, infrastructure programs, facilities for receiving court fees, and others.
The Other activities segment targets sectors such as agribusiness, cooperatives, universities, professionals & entrepreneurs, and non-account holders.
Some of the most important subsidiaries of the company are: BB Seguridade, Banco Votorantim, Banco Patagonia, Banco do Brasil Americas, and BB Tecnologia e Serviços.
With more than 96 000 employees and more than 5 000 branches, Banco do Brasil S.A. is the oldest active bank in Brazil, even older than the country’s central bank, as well as one of the oldest banks in continuous operation in the world. It is considered one of the largest banks by assets in Brazil and all of Latin America. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.bb.com.br”.
**Video published on YouTube by “Banco do Brasil“.