Banco Santander (Brasil)

Banco Santander
Photo by sergio souza on Unsplash

Banco Santander (Brasil) S.A. is a subsidiary of Banco Santander in Brazil, its largest division in Latin America and one of the world’s most important, accounting for 50% of the total profit of the group. The bank was founded in 1982 in São Paulo, in the homonymous state, in Brazil, where its headquarters are located.

Santander is the fifth largest commercial bank in Brazil by assets, after Banco do Brasil, Banco Itaú, Banco Bradesco and Caixa Econômica Federal. With more than 9 million customers, it operates in all segments of financial markets, with a network of 3,696 branches and service centres and 18,312 ATMs.