Banestes

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Banestes S.A. - Banco Nacional do Estado do Espírito Santo
Sociedade Anônima
Traded as BM&F BovespaBEES3 BM&F BovespaBEES4
Industry Finance and Insurance
Founded 1937 (1937)
Headquarters Vitória, Brazil
Key people
Michel Sarkis, (CEO)[1]
Products Banking
Number of employees
2,358
Website www.banestes.com.br

Banestes (Banco do Estado do Espirito Santo) is Brazilian state owned bank responsible for the public execution of loans for the state of Espírito Santo, it is one of the state's major instruments of economic development.

The bank was established in 1937 and has operations outside its home state and an office in São Paulo. It is one of the few state banks that survived a wave of privatisation and mergers that occurred in the later part of the 20th century.

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