Banco Banespa

Banco do Estado de São Paulo S.A.
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]

References