Banco ABC Brasil SA
Banco ABC Brasil is a multiple-service bank specialized in corporate credit in granting credit for midsize and large companies. The strength of its controlling shareholder (Arab Banking Corporation) combined with an efficient local government guarantee agility in decision making, access to funding and more attractive high ranking of average rating between banks capital in open country. The ABC offers its customers a sophisticated and diverse portfolio of products with high added value in the areas of Corporate Credit, Treasury, Capital Markets and International. To complete its offer, the division of Mergers and Acquisitions is focused on assisting clients in all stages of their growth, from the identification and structuring of the business to the fundraising. Banco ABC Brasil, specialist in great partnerships.
Banco ABC Brasil SA is a commercial bank authorized by the Central Bank for asset, liability and accessory transactions related to the respective authorized portfolios (commercial, investment, credit, financing and investment and real-estate loans), including FX. Banco ABC Brasil started business in 1989 through a joint venture of the Arab Banking Corporation and the Roberto Marinho Group; this gave rise to Banco ABC Roma SA, which acted in corporate credit and treasury. Since then, the bank has built a solid customer base in the Corporate segment by offering high-value added financial products tailored to clients' specific needs. The current managament took over in 1991 and includes Brazilian executives with extensive financial industry experience. In 1997, the Arab Banking Corporation acquired the Roberto Marinho Group's stake to become the controlling shareholder and the executives acquired a minority interest aligning their interests with those of the controlling shareholder. In the same year, the bank changed its name to Banco ABC Brasil SA, which remans unchanged to date. As of 2005, Banco ABC Brasil SA also started to operate with midsized business. In 2007, Banco ABC Brasil held its IPO and was listed on the Level 2 Corporate Governance segment of BM F& Bovespa.
Address: Avenida Cidade Jardim, 803 – 2º andar, Itaim Bibi – São Paulo-SP – 01453-000, Brazil
Phone: +55 11 3170 2000
FAX: +55 11 3170 2001
