Banco Banespa

Banco Banespa (Banco do Estado de São Paulo) was a Brazilian regional bank, founded in 1909 by the state government of São Paulo. The bank was privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.[1]

Banespa
Banco do Estado de São Paulo S.A.
TypePublic company
PredecessorBanco de Crédito Hipotecário e Agrícola do Estado de São Paulo
Founded14 June 1909 (1909-06-14) in São Paulo, Brazil
Defunct20 November 2000 (2000-11-20)
FateAcquired by Santander Brasil
SuccessorSantander Banespa
HeadquartersRua João Brícola, 24

São Paulo, Brazil
Area served
Whole of São Paulo state
Key people
José de Paiva Ferreira (CEO)
ProductsBank services
RevenueIncrease R$ 406.7 million (2000)
Decrease R$ 406.7 million (2000)
Total assetsIncrease R$ 20.9 million (2000)
Number of employees
37,200 (2000)
Parent
Websitewww.banespa.com.br

References


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