Banco Votorantim is positioned among the top ten banks operating in Brazil in terms of total assets, which totaled R$ 46.0 billion in 2005 (25.9% increase compared to the previous year). Stands out for the consistency of the results, with average annual growth of 40% in the last five years, reflecting the agility to anticipate market trends and skills in structuring financial transactions tailored to its customers. The bank is among the 600 largest domestic and multinational companies operating in the country, institutional investors and individuals with private profile.
Banco Votorantim diverse activities include corporate banking, capital markets, treasury, international business and third party funds management (Votorantim Asset Management (VAM); retail financing (BV Financial), leasing (BV Leasing), and brokerage (Votorantim Securities).
Headquartered in Sao Paulo, has branches in Rio de Janeiro, Porto Alegre, Curitiba, Campinas and Nassau in the Bahamas, and a representative office in London.
Founded in 1988 as a distributor of securities, began operating three years later as a commercial bank. It is part of the Votorantim Group, one of the largest conglomerates in Latin America, with operations in the cement, mining and metallurgy, agribusiness, chemical, energy and finance.
On January 9, 2009, the Bank of Brazil announced by U.S. $ 4.95 billion, the purchase of 49.9% of the common shares of Banco Votorantim, Votorantim Group holding controlling stake in the bank (50.1%).
Net income (2012): US$966.3 million
Total assets (2012): US$60.0 billion
Banco Votorantim headquarters address:
Av. Das Nacoes Unidas,
4.171 Torre A – 14 andar
Vila Gertrudes, Sao Paulo,
Sao Paulo, 04794-000, Brazil
Phone: 55 11 5171 1000
Fax: 55 11 5171 1920
- banco votorantim sao paulo brazil
- bancovotorantim london