Banestes
Brazilian Bank
From Wikipedia, the free encyclopedia
Banestes (Banco do Estado do Espirito Santo) is a Brazilian state owned bank responsible for the public execution of loans for the state of Espírito Santo, it is one of the state's major instruments of economic development.
| Company type | Sociedade Anônima |
|---|---|
| B3: BEES3, BEES4 | |
| Industry | Finance and Insurance |
| Founded | 1937 |
| Headquarters | Vitória, Brazil |
Key people | Michel Sarkis, (CEO)[1] |
| Products | Banking |
Number of employees | 2,358 |
| Website | www |
The bank was established in 1937, and has operations outside its home state and an office in São Paulo. It is one of the few state banks that survived a wave of privatisation and mergers that occurred in the later part of the 20th century.