ABN AMRO was established in Brazil in 1917. We currently have over 28,500 employees maintaining 5400 branches and mini-branches servicing 9.7 million retail clients and over 3,500 corporate clients, including 400 of the largest corporations in Brazil. We are now the fifth largest privately owned bank by total assets and the second largest foreign bank in the country (
Banco Central do Brasil).
In 1998, ABN AMRO acquired 100% of Banco Real's shares, resulting in a new name; Banco ABN AMRO Real. Other major banks in Brazil, Bandepe and Sudameris, were acquired shortly afterwards by ABN AMRO Real. Banco Real took some pioneering initiatives like: the establishment of a new social-environmental policy when making decisions on loans, the creation of the Real MicroCrédito (providing financing for small businesses and entrepreneurs) and the implementation of the Ethical Fund (the first Social Responsible Investment fund in Brazil) which are only few examples of the corporate culture of ABN AMRO in Brazil.
Our operations in Brazil encompass many companies, which are aligned with our business framework all over the world. Our services for our consumer and commercial clients include activities of retail, consumer credit (including automobiles financing) and attends the demand of the individuals and small business. The Empresas segment is responsible for the demand of middle market and large regional companies and global corporations. Here we are responsible for administrating private and family equities that have a hard investment potential.
As one of the leading financial institutions in Brazil, ABN AMRO is in a position to provide a full-spectrum of financial services such as: local working capital or long-term structured cross boarder financing, cash management services including pay roll services, foreign exchange and derivatives. The diversity of
awards and recognitions ABN AMRO wins reflects our commitment to the Latin American market.
Our clients can expect the highest level of services and tailored solutions. We maintain a broad
global network for an extensive international presence giving you the combined benefit of local knowledge and world-class skills. For more detailed information, please click on the links below:
For further local information, please visit our
ABN AMRO Brazilian internet site.
"The project involves the development, operation and maintenance of a 1200MW, 1,278km, 500kv transmission line from the Imperatriz substation in the state of Maranhao, to the Samambaia substation, in the Distrito Federal, crossing central Brazil. It also includes the expansion of six substations."
Project Finance, March 2005