Banco Bradesco
| Banco Bradesco SA
|
|
|---|---|
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|
| legal form |
Sociedade Anônima Public Company (Brazil) |
| founding | 1943 |
| Seat |
Osasco , São Paulo Brazil
|
| Website | www.bradesco.com.br |
Banco Bradesco SA (Abbreviation of Banco Brasileiro de Descontos ) is a financial company from Brazil with headquarters in Osasco . The company is listed in the IBOVESPA financial index . The bank is one of the four largest banks in the country, including Banco do Brasil , Banco Itaú and Unibanco .
Bradesco is the largest private bank in Brazil and had 4,634 Brazilian bank branches in 2012.
The company provides internet banking, insurance, credit card services, loans, and similar financial services.
Internationally, Banco Bradesco operates bank branches in New York City, Grand Cayman and Nassau as well as branches in Nassau, Luxembourg, Buenos Aires, Grand Cayman and Tokyo.
Banco Bradesco has taken over the companies Banco do Estado do Maranhão, Banco Mercantil de São Paulo and the Brazilian business activities of the financial companies Banco Bilbao Vizcaya Argentaria (BBVA) and JP Morgan Fleming Asset Management.
Through its subsidiary Bradespar , Bradesco holds shares in the mining company Companhia Vale do Rio Doce ; it also holds shares in the energy company CPFL Energia .
In 2009, Bradesco opened a branch on a river boat in order to be able to reach customers in geographically remote regions. Mainly current accounts and consumer loans are offered. Every two months, 11 cities and 50 municipalities between the cities of Manaus and Tabatinga are served. The tour is 1,600 km long and takes seven days.
Company history
- 1943: Banco Brasileiro de Descontos is founded in the city of Marilla in the Brazilian state of São Paulo.
- 1946: Bradesco moves company headquarters to São Paulo.
- 1951: Bradesco grows into the largest private bank in Brazil.
- 1970s: Bradesco acquires 17 banks in Brazil.
- 2000: Banco Bradesco Argentina operates in Buenos Aires.
- 2003: Bradesco buys BBVA Brazil
- 2006: Bradesco buys American Express Brazil
- 2010: Bradesco buys Ibi Brazil (Banco Ibi SA) (part of C&A Cofra Holding)
- 2010: Bradesco buys Ibi Mexican (Ibi Services S. de RL Mexico) (part of C&A Cofra Holding)
Web links
Individual evidence
- ↑ Hansjörg Leichsenring: A floating bank branch on the Amazon. In: der-bank-blog.de. September 13, 2013, accessed May 15, 2020 .
- ↑ http://www.bradescori.com.br/site/conteudo/noticias/pressRelease-detalhe.aspx?secaoId=603&pressid=946
- ↑ http://www.bradescori.com.br/site/conteudo/noticias/pressRelease-detalhe.aspx?secaoId=603&pressid=1030