Banco Do Brasil (OTCMKTS:BDORY) S.A., established in 1808, is one of the oldest financial institutions in Brazil and remains majority-owned by the Brazilian government. Headquartered in Brasília, the bank has played a central role in the country’s economic development for over two centuries. Its long history includes financing key infrastructure projects and supporting agricultural expansion, positioning it as a cornerstone of Brazil’s banking sector.
The bank offers a comprehensive range of financial products and services to retail, corporate and institutional clients. These include deposit accounts, credit and debit cards, consumer and mortgage lending, agribusiness financing, trade finance and leasing. In addition, Banco do Brasil provides investment banking services, asset and wealth management solutions, insurance products and pension fund administration, catering to the diverse needs of individuals and businesses throughout Brazil.
Beyond its domestic network of more than 4,000 branches and extensive ATM footprint, Banco do Brasil maintains an international presence through branches, representative offices and correspondent-bank relationships in over 20 countries. It serves clients across Latin America, North America, Europe and Asia, facilitating cross-border transactions and supporting Brazilian exporters and multinational corporations operating abroad.
Banco do Brasil’s leadership team is headed by Chief Executive Officer Fausto de Andrade Ribeiro, who oversees strategic initiatives focused on digital transformation, sustainability and financial inclusion. The bank’s governance framework emphasizes risk management and compliance, while its corporate social-responsibility programs support education, environmental preservation and community development across Brazil.
