Banco Banespa

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Banco do Estado de São Paulo S.A.
Industry Banking
Founded 1909
Defunct 2001
Headquarters São Paulo, Brazil
Products Finance and insurance
Revenue Increase US$ 6,8 Billion (2000)
Decrease US$ 406,7 Million (2000)
Total assets Increase US$ 20,9 Billion (2000)
Number of employees
37,200 (2000)

Banco Banespa (Banco do Estado de São Paulo) was a Brazilian regional bank, founded in 1909 by the state government of São Paulo. The bank was privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.[1]