BS:ABCB4 Banco ABC Brasil S.A

Banco ABC Brasil S.A., a commercial bank, provides various financial products and services to midsized and large companies in Brazil and internationally. It offers current accounts; loan products, such as overdraft facility, company check, structured finance, working capital, and foreign currency loans; advances against receivables; and agribusiness loans, as well as collection, payments, statement of transactions, and Internet banking services. The company also provides export and import foreign trade finance products; government onlending products; guarantees products; and derivatives products. In addition, it offers short-term investment products, such as bank deposit certificate, agribusiness letters of credit, real estate credit letters, financial letters, and structured transactions certificates. Further, the company provides customized advisory services to coordinate, execute, and negotiate acquisitions, disinvestments, investments, mergers, and corporate reorganizations, as well as offers capital market services for promissory notes, debentures, receivable funds, real estate receivables certificates, primary market distribution, and structured loans. It operates branches in Brazil, as well as through an overseas branch located in Georgetown, the Cayman Islands. The company was formerly known as Banco Roma de Investimentos and changed its name to Banco ABC Brasil S.A. in 1997. Banco ABC Brasil S.A. was incorporated in 1983 and is based in São Paulo, Brazil. Banco ABC Brasil S.A. is a subsidiary of Arab Banking Corporation (B.S.C.).

16.59 BRL
As of 03/24/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  Brazil
Country of incorporation:  Brazil
IPO date:  09/26/2007
Stock exchange:    XBSP
Exchange country:   Brazil
Market cap:   3,678,425,856 BRL
Current dividend yield:   7.40%
Sedol:      B23DMP8

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