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Banco do Brasil S.A. (Bank of Brazil) is a Brazilian financial institution incorporated as a joint stock company with the Brazilian Union participation in 68.7% of the shares. Together with the Federal Savings Bank, the National Bank for Economic and Social Development, the Bank of Amazon and Northeast Bank, the Bank of Brazil is one of five state-owned banks by the Brazilian government.
Its mission, according to its corporate philosophy is “To be a competitive and profitable bank, promote the sustainable development of Brazil and fulfill its public function efficiently.”. [5]
According to the bank itself, the company has 15 133 points of service throughout the country, including branches and offices, and 95% of its branches have self-service rooms (more than 40 000 terminals) that run beyond the banking hours. It also has options for access via internet, telephone and mobile phone. It is present in over 21 countries besides Brazil.
TheBanco do Brasil S.A.. has 5,429 branches and is present in most municipalities in the country, with a structure of more than 109,191 employees, [6] as well as 4066 trainees, hired temporary workers and adolescents.