Created on: 2017-01-31 15:35:59
Last update: 2017-01-31 15:35:59
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About Banco Votorantim
Banco Votorantim is founded in 1988 as a securities dealer (DTVM), and started operating as a multiple bank in 1991. The bank has currently a business portfolio in the wholesale banking, wealth management services and consumer finance segments.
In 2009, Banco do Brasil obtained a 49.99% voting stake and a 50% overall share in Banco Votorantim. Since then, the bank is controlled by both Grupo Votorantim (the holding company) and Banco do Brasil. At the end of 2015 Banco Votorantim had assets worth over BRL 110 billion.
The bank signed the Equator Principles in 2016, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
Av. das Nações Unidas, 14.171 Torre A - 18° andar - Vila Gertrudes
João Roberto Gonçalves Teixeira |
|Annual report||Annual report 2015|
Banco Votorantim has two shareholders: Grupo Votorantim, one of the largest industrial conglomerates in Latin America and Banco do Brasil, Brazil's largest financial institution. More information can be seen here.
Voluntary initiativesBanco Votorantim has committed itself to the following voluntary standards:
Banco Votorantim has a sustainability page, but the bank does not have any CSR policies.
Banco Votorantim 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 Votorantim adopted the Equator Principles in 2016.
Reporting on the Equator Principles
Banco Votorantim must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco Votorantim is in compliance with its reporting obligations. Banco Votorantim is still in its grace period.