Banco Do Brasil (OTCMKTS:BDORY) S.A. (OTCMKTS:BDORY) is one of the oldest and largest financial institutions in Latin America, having been established in 1808. Originally founded by the Portuguese royal family, the bank has maintained a significant role in Brazil’s economic development for over two centuries. As a mixed-capital corporation with the Brazilian government as its majority shareholder, Banco do Brasil combines public policy objectives with commercial banking operations.
The bank offers a full spectrum of financial products and services, including retail and corporate banking, asset management, investment banking, insurance, leasing and treasury operations. Its retail division serves individual customers through checking and savings accounts, personal and mortgage loans, credit cards and digital payment solutions. On the corporate side, Banco do Brasil provides working capital financing, trade finance, project financing and foreign exchange services, with particular expertise in agribusiness lending given Brazil’s status as a leading global food producer.
Banco do Brasil maintains an extensive branch network across all Brazilian states and the Federal District, complemented by international offices in North America, Europe, Asia and other Latin American countries. This geographic reach allows it to support Brazilian exporters and multinational corporations while also serving Brazilian expatriates and foreign clients seeking exposure to Brazil’s dynamic market. The bank has embraced digital transformation, investing in online and mobile platforms to enhance customer experience and operational efficiency.
Under the leadership of President and Chief Executive Officer Fausto de Andrade Ribeiro, Banco do Brasil has focused on strengthening corporate governance, risk management and sustainability practices. The bank has integrated environmental, social and governance (ESG) principles into its credit policies and launched initiatives to finance renewable energy, sustainable agriculture and social infrastructure. As it moves forward, Banco do Brasil aims to balance its public service mission with the demands of a competitive global banking environment.
