Banco Daycoval S/A
Banco Daycoval S/A is a financial institution and one of the leading Brazilian middle market banks (commercial banks that specialize in lending to small and medium enterprises). Headquartered in São Paulo, at end December 2008 the distribution network now has 27 branches for corporate customers, located in 16 states and the Federal District. The Cayman Islands branch became fully operational during 2008. The purpose of this branch is Daycoval’s growing trade finance portfolio, to give access to new funding and continue diversify its international business. Bank offers a complete line of products and services for corporate clients, including credit and financing, investment, and trade finance. For individuals it Daycoval offers specialized products such as payroll and auto loans under the Daycred brand. At Decemeber 2008, the distribution network now has 15 exclusive banking correspondents identified as Daycred stores in 10 different states to offer the full array of products and services available from the bank. Daycoval has won widespread market recognition for its conservative profile and the solidity of its capital structure. The Brazilian Central Bank ranking of all private sector banks put Daycoval in 13rd place in December/2008 by shareholders’ equity and 25th place by total assets less net interest income. Daycoval received the award for “best middle market bank” several times and also achieved differentiated credit ratings by the global ratings agencies. It’s listed on Corporate Governance Level 1 oh the São Paulo Stock Exchange (BOVESPA) and trades under ticker symbol DAYC4. In 2008, implemented a Level I ADR program trading in the over-the-counter (OTC) market, with the aim of building even closer ties with investors in the United States and other parts of the world.
Banco Daycoval S/A was founded in 1968 and is a leader in the Middle Market segment. This consists of commercial banks which specialize in serving small and medium-sized companies. It has achieved this position, thanks to its strategy of maintaining a high level of quality in attendance and providing tailor-made solutions to suit the needs of every client. Daycoval is a medium-sized financial institution which is recognized on the market for its conservative profile, credibility and excellence in managing its business. The Bank offers a wide range of products and services which are directed mainly at credit and financing, investment and foreign trade. Its operations directed at individuals are made through the Daycred brand and focus on specialist products such as payroll loans and vehicle financing. Daycoval is based in São Paulo. At the end of 2007, it had a total of 25 branches, distributed throughout 20 towns and cities and 15 states plus the Federal District. It has 613 employees, 72% of whom work in the back office and 28% in the front office. In June 2007, the Bank entered Corporate Governance Level 1 of the São Paulo Stock Exchange (Bovespa) under the ticker code DAYC4. Our Values The principles which highlight Banco Daycoval´s culture permeate all its actions, right from strategic and routine decisions to the relationship it forms with its strategic public groups: Flexibility – To be flexible enough to offer efficient top quality products and services to the client and ease of mind to the shareholder. Relationship – Commercial success marked by an excellent relationship with clients and partners. Integrity – Integrated and transparent conduct, based on ethical, moral and legal principles. Security – A conservative approach to lending and prudent risk management ensure the solidity of our balance sheet and our ability to grow. Austerity – Rigor and seriousness in managing costs and taking care of the assets of the company and clients. Respect for people – Respect for individuals at all levels.
Address: Av. Paulista, 1793, Bela Vista - São Paulo - SP - P.O. Box: 01311-200, Brazil
Phone: +55 11 3138 0500
FAX: +55 11 2572574
