Banco do Nordeste

Banco do Nordeste do Brasil S.A.
Sociedade Anônima
Traded as BM&F Bovespa: BNBR3, BNBR4
Industry Finance
Founded 1952
Headquarters Fortaleza, Brazil
Key people
Marcos Holanda, (CEO)
Products Retail Banking
Development bank
Revenue Increase US$ 209.929,00 million (2014) [1]
Increase US$ 248.1 million (2012)
Total assets Increase US$ 16.0 billion (2013)
Owner Brazilian Government (90%)
Number of employees
6,816
Website www.bnb.gov.br

Banco do Nordeste is a Brazilian regional development bank headquartered in Fortaleza, Ceará. The bank was founded in 1952 and today has 300 bank branches and that allied to the work of the Development Agents and Agencies Travelers, allow the Bank to be present in about 2000 cities in all states of the Northeast region of Brazil and in the North region of states of Minas Gerais and Espírito Santo.

The bank is a financial institution organized under the form of mixed economy company, publicly traded, with over 90% of its capital under the control of the Federal Government and is the largest institution in Latin America focused on regional development.

Currently Banco do Nordeste is responsible for managing and implementing the Constitutional Fund for Financing the Northeast of Brazil, with resources of approximately R$ 15 billion reais.

Banco do Nordeste is responsible for the largest microfinance program in South America and second in Latin America, CrediAmigo, through which the Bank lends money to microentrepreneurs. It also operates the Program for Development of Tourism in the Northeast (Prodetur / NE), created to structure the tourism of the region.

References



This article is issued from Wikipedia - version of the Friday, April 01, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.