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December 01, 2015 8:36 PM ET


Company Overview of Banco do Brasil S.A.

Company Overview

Banco do Brasil S.A. provides various banking services in Brazil and internationally. The company’s Banking segment offers deposits, loan transactions, and others for retail, wholesale, and government segments. Its Investments segment is engaged in structuring transactions on the primary and secondary markets, as well as in the provision of financial services. The company’s Asset Management segment is engaged in the purchase, sale, and custody of securities; portfolio management activities; and the management of investment funds and clubs. Its Insurance, Pension, and Savings Bonds segment offers personal and property insurance products and services, as well as supplementary pension plans and...

Setor Bancário Sul

Quadra 1, Lote 32, Bloco C

Edifício Sede III

Brasilia, DF 70073-901


Founded in 1808

111,628 Employees


55 80 0729 0001

Key Executives for Banco do Brasil S.A.

Banco do Brasil S.A. does not have any Key Executives recorded.

Banco do Brasil S.A. Key Developments

Citigroup Reportedly In Talks To Sell Stake In Elavon Brasil

Citigroup Inc. (NYSE:C) has put its stake in a Brazilian credit card processing joint venture with Elavon Inc up for sale, two sources with direct knowledge of the plan said. Elavon hired Greenhill & Co Inc (GHL.N) as an adviser, the sources added. Citigroup's stake has been offered to Itaú Unibanco Holding S.A., Banco Bradesco S.A. (BOVESPA:BBDC4), state-controlled lenders Caixa Econômica Federal and Banco do Brasil S.A. (BOVESPA:BBAS3) as well as Banco Santander (Brasil) S.A. (BOVESPA:SANB4), one source said. Itaú, Banco Bradesco, Caixa, Banco do Brasil and Banco Santander declined to comment.

Banco do Brasil Reports Earnings Results for the Third Quarter and Nine Months of 2015

Banco do Brasil reported earnings results for the third quarter and nine months of 2015. For the quarter, the company reported adjusted net income at BRL 988 million, up 20% from the previous year. In the first nine months of the year, adjusted net income was BRL 2.9 billion, an increase of 26.5%. The company said the positive results were driven by the strong operational performance and financial results of its distribution business, BB Corretora, as well as its insurance, pension and capitalization businesses.

Banco do Brasil S.A. Presents at The 8th Annual Brazilian Energy & Infrastructure Finance Forum, Nov-04-2015 through Nov-05-2015

Banco do Brasil S.A. Presents at The 8th Annual Brazilian Energy & Infrastructure Finance Forum, Nov-04-2015 through Nov-05-2015. Venue: Hotel Pullman São Paulo Ibirapuera, Rua Joinville 515Vila Mariana, 04008011 Sao Paulo, Brazil. Presentation Date & Speakers: Nov-04-2015, Marcio Giannico, Head of Project Finance. Nov-05-2015, Marcio Giannico, Head of Project Finance.

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