United Kingdom Office – London Branch
Phone: +44 (0) 20 7886 7300 / +44 (0) 20 7886 7400
Banco do Brasil Overview
Banco do Brasil S.A. (BB) is Latin America's largest financial institution. In 2013 it exceeded R$1.3 trillion in assets and R$693 billion in its loan portfolio in 2013. Through its wholly-owned subsidiary, BB DTVM, it is also the largest fund manager in the region.
As the first bank to open for business in Brazil 206 years ago, Banco do Brasil is well accustomed to being a trail blazer. It was the first Brazilian bank with a stock exchange listing, to launch multiple function cards, to offer mobile banking services; to commit to Corporate Agenda 21 and to sign up to the Equator Principles.
BB provides solutions, services and products in the banking, investment, asset management, insurance, social security, premium bonds and payment systems arenas, amongst others, and has attained the 37.4 million mark for checking accounts and a portfolio of 61.3 million customers. BB has over 112,000 employees.
In Brazil, BB's service network is the largest amongst financial institutions, providing its customers with 5,450 branches and 44,117 ATMs.
Abroad, the bank is present through 51 facilities located in 24 countries, including branches and representative offices distributed over four continents (1). Its international presence continues to grow and this year marked the 73rd anniversary of the bank’s presence outside Brazil. Historically a key part of Banco do Brasil’s strategy has always been a strong commitment to international business, mainly within Latin America, where it first set up a foreign branch in 1941.
In addition, it has agreements with 1,124 financial institutions that function as correspondents of BB in 134 countries. As a result, the organisation is considered the Brazilian bank with the largest international service network, with its operations dedicated to supporting local Brazilian communities, the internationalisation of Brazilian companies and the expansion of Brazil's trade relations with the world.
(1) Angola, Argentina, Austria, Bolivia, Cayman Island, Chile, China, France, Germany, Italy Mexico, Panama, Paraguay, Peru, Portugal, Singapore, South Korea, Spain, The United Arab Emirates, The United Kingdom, The United States, Uruguay and Venezuela.
(As of December 31, 2013)
206 years of existence
Total assets: R$ 1.3 trillion (market leader)
Loan Portfolio: R$ 693 billion (market leader)
Deposits: R$ 491 billion (market leader)
Customers: 61.3 million (market leader)
Branches in Brazil: 5,450
ATMs in Brazil: 44,117
International Units: 51
Banco do Brasil London Branch
Since 1971 Banco do Brasil has been present in London, one of the most important financial centres in the world. Authorized and regulated by the Financial Conduct Authority, it counts on highly skilled teams specialising in both treasury and trade finance products who can support Brazilian companies in their global operations and UK companies wishing to invest in Brazil. Its main goal is to promote business growth that aims to strengthen Brazil’s image overseas and conquer new markets.
BB London branch aims to meet your needs by offering products that are suitable for your business and it is delighted to offer to customers a wide range of products including:
Corporate & Trade Finance
Our solutions include: