Banco do Nordeste do Brasil Company Description

Banco do Nordeste do Brasil S.A. operates as a regional development bank in Latin America.

It operates through Own Portfolio and FNE segments. The company offers savings accounts, cash and term deposits, and custody of securities; specialized credit; credit for infrastructure, and urban and rural microfinance; and collection services and credit cards.

It is also involved in involved in structuring and distribution of bonds and local short and long-term securities, such as debentures, notes, promissory notes, real estate receivables certificates, investment funds; third-party asset management, consisting of the management of investment funds; exchange operations; portfolio management and credit analysis; and electronic transfers.

It serves corporate, large, medium, small and micro-enterprises; agribusinesses, rural producers, and family farming; urban and rural microfinance sectors; representative entities; individuals; and direct and indirect public administration institutions.

The company operates through physical service points, including agencies and microcredit units. Banco do Nordeste do Brasil S.A. was founded in 1952 and is headquartered in Fortaleza, Brazil.