Banco do Brasil Company Description

Banco do Brasil S.A., together with its subsidiaries, provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

The company operates through Banking, Investments, Fund Management, Insurance (including insurance, private pension funds and capitalization) and Electronic Payments segments.

Its Banking segment offers various products and services, including deposits, loans, and other services to retail, wholesale, and public sectors.

This segment also engages in the business with micro-entrepreneurs and other activities through banking correspondents.

Its Investments segment engages in the structuring and distribution of debt and equity instruments in the primary and secondary markets; and provision of financial services.

The company’s Fund Management segment is involved in the purchase, sale, and custody of securities and portfolio management; and the structuring, organization, and management of investment funds and clubs.

Its Insurance segment provides life, property, and automobile insurance products, as well as private pension and capitalization plans.

The company’s Electronic Payment segment provides capture, transmission, processing, and financial settlement services for electronic payment transactions.

Its Other segment engages in the provision of credit recovery and consortium management services. This segment is also involved in the development, manufacturing, sale, rental, and integration of digital electronic systems, peripherals, programs, inputs, and computing supplies.

The company was incorporated in 1808 and is headquartered in Brasília, Brazil.