Former type | Subsidiary |
---|---|
Industry | Banking |
Founded | 1909 |
Defunct | 2001 |
Headquarters | São Paulo, Brazil |
Products | Finance and insurance |
Revenue | US$ 6,8 Billion (2000) |
Net income | US$ 406,7 Million (2000) |
Total assets | US$ 20,9 Billion (2000) |
Employees | 37.200 (2000) |
Website | www.banespa.com.br |
Banco Banespa (Banco do Estado de São Paulo) was Brazilian regional bank, founded in 1909 by the state government of São Paulo and privatized in November of 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.[1]