BNB Banco do Nordeste do Brasil

Key details

• Parent: assets

Overview

BNB Banco do Nordeste do Brasil is B3: BNBR3 + Brazilian federal regional development bank + Brazilian federal government ~93.55% controlling + Brazilian Northeast region focus + world's largest regional development bank by assets + ~7M+ Brazilian customers [1, br-cro].

History

Jul 19 1952 — Banco do Nordeste do Brasil BNB founded by President Getúlio Vargas as Brazilian federal regional development bank for Brazilian Northeast region distinctive Brazilian regional development banking heritage.

1989 — Crediamigo BNB microcredit program launch distinctive Latin American microcredit pioneer.

2014 — BNB mobile banking app launch.

Ownership & operator

Operating entity: Banco do Nordeste do Brasil S.A. BNB (Brazilian federal regional development bank; B3: BNBR3).

Major shareholders: Government of Brazil (Ministry of Finance) ~93.55% controlling + Brazilian retail + institutional + foreign investors free float.

Regulators: BACEN + CVM.

Technical integration

BNB mobile app (iOS + Android; ~7M+ Brazilian customers) + bnb.gov.br online + BNB branch network across Brazilian Northeast region + BNB Visa + Mastercard cards; Pix + Pix QR + TED + Boleto Bancário.

Implementations & partners

Major Brazilian + Latin American banking + payments competitors: [[banco-itau]] (Itaú Unibanco; B3: ITUB4 + NYSE: ITUB; Brazil's largest commercial bank by assets + market capitalization) + [[banco-do-brasil]] (Banco do Brasil; B3: BBAS3; Brazilian state-owned commercial bank) + [[caixa-economica]] (Caixa Econômica Federal; Brazilian federal savings bank; ~145M+ Brazilian customers) + [[bradesco]] (Banco Bradesco; B3: BBDC4 + NYSE: BBD) + [[santander-brasil]] (Santander Brasil; B3: SANB11 + NYSE: BSBR) + [[banco-inter]] (Banco Inter; B3: BIDI11; Brazilian digital bank) + [[nubank]] (Nubank Brasil; NYSE: NU; ~110M+ across Brazil + Mexico + Colombia) + [[c6-bank]] (C6 Bank; Brazilian digital bank; JPMorgan Chase US strategic investor ~46%) + [[banco-pan]] (Banco Pan; B3: BPAN4; BTG Pactual ~70% controlling) + [[banrisul]] (Banrisul; B3: BRSR3 + BRSR5 + BRSR6; Brazilian state-owned commercial bank; State of Rio Grande do Sul controlling) + [[sicredi]] (Sicredi Brazilian cooperative banking system) + [[sicoob]] (Sicoob Brazilian cooperative banking system).

Regulators: BACEN + CVM.

Status

Active, B3:BNBR3 + Brazilian federal regional development bank + Brazilian federal government ~93.55% controlling + Brazilian Northeast region focus + world's largest regional development bank by assets + ~7M+ Brazilian customers [1, 2].

Sources

• 1 BNB — official
• 2 BNB — Wikipedia
• br-cro In-corpus: reports/countries/BR-brazil.md

Source

Biography extracted from bnb-banco-nordeste.md. See matrix.md for standards-support matrix if present.