Banco Santander (Brasil) S.A. (Banco Santander or the Bank), incorporated on August 9, 1985, is indirectly controlled by Banco Santander, S.A., and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange. Through its subsidiaries, the Bank also operates in the payment institution, leasing, buying club management and securities, insurance brokerage operations, capitalization and pension plan.
In Commercial Banking business segment, the Bank focus on long-term relationships with its individual and corporate customers (other than global enterprise customers that are serviced by its Global Wholesale Banking segment), seeking to support all of their financial needs through its credit, banking services, financial products, acquiring services, asset management and insurance products. It also offers special financing and credit opportunities for corporate customers pursuing social and environmental improvement programs. The Bank serves clients throughout Brazil, primarily through its branch network, which as of December 31, 2016 consisted of 2,254 branches, 1,167 mini branches (postos de atendimento bancario (PABs) located at its corporate customers' premises) and 13,806 automated teller machines (ATMs). It offers retail lending products to customers through its branch network and on-site service units. The Bank operates in the credit card market issuing Visa and MasterCard cards to its customers (including both account and non-account holders). It offers long-term loans to its customers for the purchase of real estate, secured by deeds of trust. In addition to financing for individuals, it also offers credit lines to corporate customers in the real estate construction industry.
Through Global Wholesale Banking segment, the Bank offers financial services and structured solutions to its customers, in parallel with its trading activities. Its wholesale banking business focuses on servicing local and multinational conglomerates. Its wholesale business provides customers with a range of domestic and international services that are specifically tailored to the needs of each client. The Company offers a range of services in various areas, such as global Transaction Banking, Development and Management Products Area and Specialized Sales, which includes cash management, local loans and trade finance, correspondent banking, local and international guarantees (both trade and non-trade); Financial Solutions and Advisory (FS&A), which is responsible for project financing and advising, debt capital markets, syndicated loans and acquisition finance, other structured financings, tax equities, subordinated debt and energy efficiency transactions; Investment Banking, which includes advisory on mergers and acquisitions and equity capital markets operations; Equities, which includes cash equities services for individuals, corporate and financial institutional investors, equity derivatives, futures and equity research; Treasury Sales, which is responsible for offering treasury products, such as foreign exchange transactions, over the counter derivatives, deposits and other financial and structured products, and Market Making, which is responsible for the pricing of client deals originated by its sales force from corporate, institutional, private banking and retail segments.
The Company also offers foreign exchange products, over the counter (OTC) derivatives and investments to all of its clients, including institutional investors, corporate clients and individuals. Its distribution network provides integrated financial services and products to its customers through a range of channels, including branches and mini-branches, ATMs, call centers, the Internet and mobile banking. It offers daily banking services to its small and medium-sized enterprises, and corporate customers and their employees through its PABs located on their sites, as well as in hospitals and universities. It also distributes its products and services through ATMs, the Internet, mobile banking and call centers. In addition, its customers had access to the Banco24Horas network, which operates 19,868 ATM units, as of December 31, 2016. Internet banking enables customers to conduct banking transactions at their convenience, such as obtaining account information, financial transfers, contracting products and making payments.
The Company competes with Bradesco and Itau Unibanco.
Avenida Presidente Juscelino Kub
The company trades on NYSE exchange. The company headquarter is located in Brazil. The company was established in the 1985.| Ticker | BSBR |
| Long Name | Banco Santander Brasil SA |
| Short Name | Banco Santander Brasil SA |