Banco do Brasil S.A. is one of the largest financial institutions in Latin America and operates within the banking industry. Founded in 1808, it is among the oldest banks still in operation globally and plays a central role in Brazil’s financial system.

Headquartered in Brasília, the bank provides a broad range of products and services to individuals, corporations, agribusiness clients, and public-sector entities.

Its core offerings include:

• Checking and savings accounts.

• Credit and debit cards.

• Mortgage and consumer lending.

• Agricultural and rural credit programs.

• Investment products and asset management services.

• Private pension and insurance solutions.

• Foreign exchange services.

Banco do Brasil operates in capital markets through BB Investimentos and in insurance and pensions through BB Seguridade. The bank maintains an extensive domestic branch network and digital platform, along with a selective international presence in the Americas, Europe, and Asia.

Performance is influenced by Brazil’s monetary policy, credit demand, agricultural financing cycles, digital banking competition, regulatory conditions, and macroeconomic trends. In recent years, the bank has accelerated investments in digital channels and operational efficiency to strengthen its competitive positioning.

Banco do Brasil shares trade in the United States through American Depositary Receipts (ADRs) on the OTC market under the ticker BDORY.

History and Development

Banco do Brasil was established in 1808 by royal decree during the relocation of the Portuguese court to Brazil. It initially served as both a commercial bank and a financial agent supporting economic development.

Throughout the 19th century, the institution experienced structural changes and reorganizations before being reestablished with a more stable credit-focused model in the mid-1800s.

Over the 20th century, the bank expanded agricultural credit programs, developed international operations, and broadened its financial services portfolio. It later strengthened its presence in capital markets and insurance through specialized subsidiaries.

In recent years, Banco do Brasil has emphasized digital transformation, credit portfolio optimization, and modernization of its banking infrastructure, maintaining its role as a key institution within Brazil’s financial system.