Banco Votorantim
Encyclopedia
Banco Votorantim is the seventhe largest bank in Brazil. 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
.
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.
São Paulo
São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...
, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
.
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
Votorantim Group
Votorantim Group is one of the largest industrial conglomerates in Latin America, operating in various sectors such as finance, energy, siderurgy, steel, pulp and paper among others...
and the Banco do Brasil
Banco do Brasil
Banco do Brasil S.A. is the largest Brazilian and Latin American bank by assets, and the third by market value. The bank, headquartered in Brasília, was founded in 1808 and is the oldest active bank in Brazil — and one of the oldest financial institutions in the world.Banco do Brasil is controlled...
, 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.