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Banco do BrasilBrazil
Created before Nov 2016
Last update: 2017-09-15 12:30:42
Johan Frijns, BankTrack
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About Banco do Brasil
Banco do Brasil head offices in Brasilia. Photo: Alex Pereira via Wikimedia Commons (CC BY-SA 3.0)Banco do Brasil is a Brazilian bank, partly state-owned, partly publicly listed at the stock exchange in Sao Paulo. Banco do Brasil was founded in 1808 by then prince-regent João VI of Portugal to finance the kingdom's public debt when he moved from Europe to Brazil. The close relations between bank and state are reflected in the fact that the CEO is appointed by the Brazilian president. In June 2016 Banco do Brasil controlled assets worth BRL 1.445 trillion.
| Website | http://www.bb.com.br/portalbb/home2,136,136,0,0,2,0.bb |
| Headquarters |
SBS Quadra 01 Bloco G ed. sede III - 24° Andar Setor Bancario Sul
70074-900 Brasilia
Brazil
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| CEO/chair |
Paulo Rogerio Caffarelli CEO |
| Supervisors | |
| Annual report | Annual Report 2016 |
| Ownership |
listed on BM&F Bovespa
The Brazilian National Treasury is the largest shareholder in Banco do Brasil. A full ownership overview can be found here. |
Related Dodgy Deals
Banco Do Brasil has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
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Projects
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Belo Monte dam Brazil
There are no projects active for Banco do Brasil now.
Companies
There are no companies active for Banco do Brasil now.
Dodgy Deals map
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Voluntary initiatives
Banco do Brasil has committed itself to the following voluntary standards:Issues
Banco do Brasil and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco do Brasil adopted the Equator Principles in 2006.
Reporting on the Equator Principles
Banco do Brasil must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco do Brasil is in compliance with its reporting obligations. The 2015 report can be found here.
Dodgy Deals
Banco do Brasil is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Human rights
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True leader
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BankTrack has assessed Banco do Brasil on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Banco do Brasil is assessed as a Laggard, with a total score of 2/12.
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Equator Principles
Implementation and reporting
Banco do Brasil is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
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