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Banco Banespa

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Banespa
Banespa agency (at the time as a brand of Santander) in Avaré, São Paulo
Trade nameBanco do Estado de São Paulo S.A.
Company 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 servedWhole of São Paulo state
Key peopleJosé de Paiva Ferreira (CEO)
ProductsBank services
RevenueIncrease R$ 406.7 million (2000)
Net incomeDecrease R$ 406.7 million (2000)
Total assetsIncrease R$ 20.9 million (2000)
Number of employees37,200 (2000)
Parent
Websitewww.banespa.com.br

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.

References

  1. Banespa é vendido para o Banco Espanhol Santander Folha de SP 20/11/2000


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