Banco do Brasil
Banco do Brasil S.A. (English: Bank of Brazil) is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on Wednesday, 12 October 1808. It is the second largest banking institution in Brazil, as well as the second largest in Latin America,. Banco do Brasil is controlled by the Brazilian government and is listed at the B3 stock exchange in São Paulo.
| Company type | Sociedade Anônima |
|---|---|
Traded as | B3: BBAS3 Ibovespa Component |
| Industry | Financial services |
| Founded | Rio de Janeiro, Rio de Janeiro, Brazil (October 12, 1808) |
| Founder | John VI of Portugal |
| Headquarters | , |
Key people | Tarciana Medeiros (Chairwoman and CEO) |
| Products | Banking Insurance Retail banking Private equity |
| Revenue | US$ 53.0 billion (2017) |
Net income | R$ 19.7 billion (2021) |
| Total assets | R$ 1.9 trillion (2021) |
| Owner | Brazilian Government (50.0%) (2021) |
Number of employees | 84,597 (2021) |
| Subsidiaries | Banco Votorantim Banco Patagonia BB Seguridade Banco do Brasil Americas BrasilPrev BB Tecnologia e Serviços |
| Website | bb |
It has been one of the four most profitable Brazilian banks since 2000 (along with Itaú Unibanco, Banco Bradesco and Banco Santander) and holds a strong leadership position in retail banking.
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