|Santander HQ in Sao Paulo|
Banco Santander Brasil S.A. (NYSE: BSBR) is the largest division of Spanish bank Santander in Latin America accounting for 20% of the total profit of the group. Banco Santander Brasil is the third largest bank by assets in the country behind Itaú Unibanco and Banco Bradesco and has more than 9 million customers. It operates in all segments of financial markets through a network of more than 3,750 branches and service points and 18,200 ATMs, primarily in Brazil's southern and southeastern regions, with a major presence in the states of São Paulo and Rio Grande do Sul. In 2009 the bank went public on the Sao Paulo Stock Exchange, also issuing ADRs in the NYSE. Banco Santander Brasil was established in 1982 and is headquartered in Sao Paulo, Brazil.
|Headquarters||São Paulo, Brazil|
|Total assets||US$ 227.8 billion (2011)|
|Revenue||US$ 29.8 billion (2011)|
|Net income||US$ 4.1 billion (2011)|
|Company Size||54,107 employees|
Head office address:
Banco Santander Brasil
Rua Amador Bueno, 474, 4th Fl.
São Paulo 04752-005
March 07, 2011
Banco Santander Brasil SA plans to expand its team of 122 private bankers by as much as 20 percent this year as Brazil’s economic growth fuels demand for wealth- management services.