Banco Votorantim

Banco Votorantim is the seventh largest bank in Brazil.[1] It operates in the wholesale, retail, treasury, asset management and brokerage fields, and was founded in 1988. Its headquarters are located in São Paulo, Brazil.

Banco Votorantim S.A.
TypePrivate
IndustryBanking
Founded1988
HeadquartersSão Paulo, Brazil
Key people
João Roberto Gonçalves Teixeira, (CEO)
ProductsFinancial services
Revenue US$ 6.0 billion (2013)
- US$ 216.6 million (2013)
Total assets US$ 44.6 billion (2013)
Number of employees
5,052
ParentVotorantim Group
Banco do Brasil
Websitewww.bancovotorantim.com.br

The operations of Banco Votorantim is driven by a set of institutions that operate in an integrated way: the Bank provides businesses products and services for the commercial sector and investment, the BV Financeira operates in the financing and consumer credit; Votorantim Asset Management (VAM) manages the resources of others, and Vototrantim CVTM makes securities and brokerage.

The bank its owned by Votorantim Group and the Banco do Brasil, the operation was completed on 28 September 2009. Banco do Brasil then hold 49.9% of common shares and 50.1% of the preferred, Banco Votorantim continuing control of the Votorantim Group.

References

  1. "FinTechs and Banks Partner to Meet SMB Needs | PYMNTS.com". www.pymnts.com. Retrieved 27 November 2018.
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