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| Banco Votorantim HQ in Sao Paulo |
Banco Votorantim S.A. is one of the largest financial institutions in Brazil with approximately 3,800 employees. Its core businesses are wholesale banking, investments, consumer finance, treasury and wealth management. Wholesale banking includes investment banking, brokerage as well as services for companies with revenue more than US$50 million. Votorantim is one of the leading players in consumer finance with focus on the auto financing business. The Bank’s main divisions are BV Financeira (one of the leading players in auto finance), BV Leasing, Votorantim Asset Management, Votorantim CTVM (brokerage firm), Votorantim Corretora de Seguros SA, Votorantim Securities (UK) Ltd, Banco Votorantim Securities, Inc and Promotiva SA, among others. It also has subsidiaries in Nassau (Bahamas), New York and London. Established in 1988 as a securities dealer, the company started operating as a multiple bank in 1991. The Bank is controlled by Votorantim Group and Banco do Brasil. In 2009, Banco do Brasil acquired 50% of Banco Votorantim‘s total capital. As of March 31, 2017, the company had total assets of BRL 104.2 billion (US$33 billion) and total loan portfolio of BRL 46.9 billion (US$15 billion).
Financials
| Net Income | BRL 127 million (Q1 2017) |
| Loans | BRL 46.931 billion (03/2017) |
| Total Assets | BRL 104.166 billion (03/ 2017) |
| Assets under Management | BRL 55.262 billion (03/2017) |
| Shareholders' Equity | BRL 8.4 billion (03/2017) |
Credit Ratings
| Moody's | Standard & Poor's | |
| Long-Term | Ba3 | BB |
| Short-Term | NP | B |
Head office address:
Av. das Naçoes Unidas, 14.171
Torre A - 18 andar - Vila Gertrudes
Sao Paulo, Brazil 04794-000
Phone number: +55 11 5171 1000
Website: www.bancovotorantim.com.br
Banco Votorantim Securities, Inc
126 East 56th Street
9th Floor Suite 920
New York, NY, 10022-3613
United States
Votorantim Securities (UK) Ltd
Birchin Court, 20 Birchin Lane
London, EC3V 9DU
United Kingdom
Votorantim Group
Votorantim Group, founded in 1918, is one of the largest privately-held industrial groups in Latin America with businesses ranging from cement, mining and metallurgy (aluminum, zinc and nickel), steel, pulp and paper, concentrated orange juice, self-generation of electricity to financial services. Votorantim employs over 47,000 people and has a presence in 20 countries. In February 2010, Votorantim Group purchased 30.7% of Portuguese cement company Cimpor and 17.3% of French cement company Lafarge. In 2016, the Group reported revenue of BRL 26.7 billion.