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Banco Votorantim is the third largest privately-owned Brazilian bank by total assets. Our core businesses are: wholesale corporate and investment banking, consumer finance, brokerage house and asset management.
Through our wholesale corporate banking division we work with a broad range of corporate clients from large to middle market companies through 27 points of services corporate offices across the country.
Our consumer finance division is Brazil’s #3 auto finance lender with over 3.9 million customers.
Our Investment Banking, Brokerage and Asset Management divisions leverage our strong origination and distribution capabilities and our local knowledge (relationship, research, product specialists) - positioning Banco Votorantim as a leading player in every key market.
Our commitment to excellence, differentiated client service approach and reputation allow us to deliver solid results to our clients, employees and shareholders.
(as of September, 2009)
The partnership between Banco Votorantim and Banco do Brasil
In September 2009 the association process between Votorantim Finanças (the financial arm of the Votorantim Group’s financial holding) and Banco do Brasil was concluded.
Banco do Brasil acquired 49.99% of the voting shares (50% of the total capital) of Banco Votorantim. The structure of the partnership preserves Banco Votorantim’s management model as a privately held Financial Institution, while boosting the capacity of both institutions to leverage growth opportunities more effectively and rapidly.
Joining forces - Banco Votorantim will add value with its origination capabilities, consumer finance/third party distribution expertise to Banco do Brasil’s financial strength and extensive retail network (over 15,000 service locations across the nation, presence in 23 countries).
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