3.24000 EUR
0.04
1.25%
Last update Dec 12, 12:30 PM CET
Main market
Day range
3.20000
3.24000
Previous close
3.20000
Open
3.20000
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Banco do Brasil S.A. Sponsored ADR
3.24
0.04
1.25%

Overview

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Description

Banco do Brasil S.A. Sponsored ADR represents the American Depositary Receipts (ADRs) for Banco do Brasil, one of the largest and most influential financial institutions in Latin America. These ADRs allow American investors to gain exposure to Banco do Brasil's market activities without buying directly into foreign stocks. Primarily functioning as a bridge between U.S. capital markets and Brazilian financial operations, this ADR provides accessibility and insight into Brazil's economic health and banking sector dynamics. Banco do Brasil spans a wide array of services, including retail banking, corporate banking, and other financial services like insurance and asset management. It plays a vital role in Brazil's economy by supporting both public and private sectors, catering to individuals, small enterprises, large corporations, and governmental entities. Headquartered in Brasília, Banco do Brasil's extensive domestic network and strategic international presence underscore its significance in the global banking landscape. The sponsored ADR embodies these robust operations, allowing investors to benefit from international diversification in the Brazilian market while complying with U.S. regulatory standards.

About

CEO
Ms. Tarciana Paula Gomes Medeiros
Employees
87101
Address
EdifIcio Banco do Brasil
Quadra 5, Lote B Setor de Autarquias Norte
Brasília, 70040-911, DF
Brazil
Phone
55 61 4004 0001
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
Germany
MIC code
XFRA
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