|Banco do Brasil||Banco Bradesco||Banco Safra||CEF (CAIXA)||Santander||Votorantim|
- Banco Bradesco – One of the country's largest banks along with Banco do Brasil, Itau Unibanco and BNDES. It was the largest private bank in Brazil until Banco Itaú and Unibanco merged in 2008. As of March 20, 2015, it had a market cap of US$45.5 billion.
- Banco do Brazil – The largest bank in Brazil and Latin America with total assets of R$1.437 trillion (December 31, 2014). It also has the largest ATM network in Latin America, with about 45,000 ATMs.
- Banco Safra – The ninth largest private bank in Brazil in terms of total assets and equity. As a full-service commercial bank, Banco Safra operates in all areas of the financial sector.
- Banco Votorantim – One of the ten largest financial institutions in Brazil. Founded in 1988 as a securities dealer, Banco Votorantim started operating as a multiple bank in 1991. The Bank is owned by Votorantim Group and Banco do Brasil.
- Banco ABC Brasil – A Brazilian subsidiary of Arab Banking Corporation (ABC), established in 1983. The bank's main target is the large and middle-sized Brazilian corporations.
- Brazilian Development Bank (BNDES) was founded on June 20, 1952 and is the main provider of long-term financing in Brazil. It is the largest development bank in Latin America. The Bank offers several financial support mechanisms to Brazilian companies as well as public administration entities. In 2009, the Bank inaugurated its one branch in Montevideo (Uruguay) and a new subsidiary in Europe (London). BNDES is 100% owned by the Federal Government.
- Caixa Economica Federal – A government-owned Brazilian commercial bank, established on January 12, 1861 by Emperor Dom Pedro II. With more than 78 million clients, it is one of the largest financial institutions in Latin America.
- Central Bank of Brazil – The principal monetary authority of the country. The Bank was established on December 31, 1964. As of November 2014, it had total assets of R$2.101 trillion.
- HSBC Bank Brasil SA - Banco Múltiplo – One of the largest financial institutions in Brazil with presence in 543 municipalities in all regions of the country.
- Itau Unibanco – The largest financial conglomerate in the Latin America and one of the largest banks in the world by market value. As of March 20, 2015, the Bank had a market capitalization of US$57.0 billion.
- Mercantil do Brasil – A mid-sized bank with more than 1.1 million customers and about BRL 12.614 billion in assets as of June 30, 2012. The bank has over 160 domestic branches and branch in the Grand Cayman Island.
- Nossa Caixa was the country's seventh largest bank by deposits with a presence in all 645 municipalities of Sao Paulo. It was incorporated into the Banco do Brasil in 2008.
- Santander Brasil – The largest division of Spanish bank Santander in Latin America accounting for 40% of the total profit of the group.
Top 50 Brazilian Banks
The following are the top 50 banks in Brazil ranked by total assets in US$ thousands as of September 30, 2014. State bank Banco do Brasil is the largest bank in Brazil and Latin America.
|Rank||Bank||Headquarters||Total assets, US$000||Total deposits, US$000|
|1||Banco do Brasil||Brasilia||541,404,432||191,376,315|
|3||Caixa Economica Federal||Brasilia||415,693,426||164,439,851|
|5||Brazilian Development Bank (BNDES)||Rio de Janeiro||335,986,051||7,073,248|
|8||BTG Pactual||Rio de Janeiro||56,572,885||8,958,318|
|13||Banco do Nordeste do Brasil (BNB)||Fortaleza||15,528,607||4,674,918|
|14||JP Morgan Chase||Sao Paulo||13,667,169||623,703|
|15||Deutsche Bank S.A.||Sao Paulo||12,227,755||664,565|
|16||Credit Suisse||Sao Paulo||12,121,072||1,539,261|
|17||BNP Paribas||Sao Paulo||10,729,158||1,863,913|
|18||Banco Cooperativo Sicredi||Porto Alegre||10,573,809||4,538,958|
|20||Banco Volkswagen||Sao Paulo||10,176,740||1,623,233|
|21||Banco Cooperativo do Brasil (Bancoob)||Brasilia||9,347,521||7,023,222|
|22||Societe Generale||Sao Paulo||8,057,609||121,169|
|23||ABC Brasil||Sao Paulo||7,840,279||1,853,955|
|25||Banco Daycoval||Sao Paulo||7,265,510||1,625,429|
|27||Rabobank International Brasil||Sao Paulo||6,145,848||77,276|
|30||Banco GMAC||Sao Paulo||5,694,401||1,564,465|
|31||Banco de Tokyo-Mitsubishi UFJ Brasil||Sao Paulo||5,596,626||884,035|
|32||Mercantil do Brasil||Belo Horizonte||5,356,806||3,331,515|
|33||Banco Regional Des. do Extremo Sul (BRDE)||Porto Alegre||5,307,809||0|
|34||Banco de Brasilia (BRB)||Brasilia||5,078,260||3,606,186|
|35||Morgan Stanley||Sao Paulo||4,914,465||1,723,550|
|36||Banco da Amazonia||Belem||4,677,200||1,365,569|
|37||Bank of America Merrill Lynch||Sao Paulo||4,525,897||743,425|
|38||Banco Mercedes-Benz||Sao Paulo||4,513,449||198,836|
|41||Banco Fibra||Sao Paulo||3,093,169||1,277,692|
|43||Banco IBM S.A.||Rio de Janeiro||3,033,611||2,718,296|
|44||Banco CNH Industrial Capital||Curitiba||2,922,424||296,466|
|45||Credit Agricole||Sao Paulo||2,665,871||361,904|
|46||Banco Classico||Rio de Janeiro||2,627,946||0|
|47||Banco Des. de Minas Gerais (BDMG)||Belo Horizonte||2,463,665||22,563|
|48||Banco De Lage Landen Brasil||Porto Alegre||2,390,678||0|
Source: Central Bank of Brazil