Banco Votorantim

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Banco Votorantim S.A.
Private
Industry Banking
Founded 1988
Headquarters São Paulo, Brazil
Key people

João Roberto Gonçalves Teixeira,

(CEO)
Products Financial services
Revenue Increase US$ 6.0 billion (2013)
Decrease - US$ 216.6 million (2013)
Total assets Decrease US$ 44.6 billion (2013)
Number of employees
5,052
Parent Votorantim Group
Banco do Brasil
Website www.bancovotorantim.com.br

Banco Votorantim is the seventh 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.

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