Banrisul
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| Sociedade Anônima | |
| Traded as | BM&F Bovespa: BRSR3, BRSR5, BRSR6 |
| Industry | Financial services |
| Founded | 1928 |
| Headquarters | Porto Alegre, Brazil |
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Key people
|
Luiz Gonzaga Veras Mota (CEO) |
| Products | Banking |
| Revenue |
 US$ 2.7 billion (2013)
|
 US$ 334.9 million (2013)
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| Total assets |
US$ 25.9 billion (2014)
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Number of employees
|
11,506 |
| Website | www.banrisul.com.br |
Banrisul is the largest bank in Southern Brazil and operates primarily in the state of Rio Grande do Sul (RS), with a network that serves more than 365 cities. The services, however, are extended to other localities of Brazil. Have more than 1,312 service points, over 473 agencies, 246 and 593 ATM's in Rio Grande do Sul the Federal District and the following states: Bahia, Ceará, Minas Gerais, Paraná, Pernambuco, Rio de Janeiro, Santa Catarina, São Paulo and keeps a business office in Buenos Aires and agencies in New York and Grand Cayman.
In 1927, with the accomplishment of 1º Congress of Creators, appeared the proposal of the creation of a farm loan bank. The event, carried through with all the pomp and circumstance in the "Sao Pedro Theater", in Porto Alegre, aimed at to analyze the problems of the state economy, with direct focus on the crisis faced for "charqueadas" and all the production related to the cattle one.
The arguments were strong excessively to pass unobserved for the federal government, and president Washington Luís lowered decree authorizeing the State to create a credit bank. To 10h of day 12 of September 1928, in solemnity that counted on the presence of then the president of the State, Getúlio Vargas, was created the Bank of the Rio Grande do Sul.
With an initial capital of 50 a thousand réis, the main objective of the new institution was to take care of to the necessities of credit of the cattle gaucho. As official bank, the state taxation started to soon collect of beginning all, until then received for the "Banco Pelotense" (Pelotense Bank, in English), that later was incorporated by the Banrisul.
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Wikipedia