| Business Summary | | Unibanco-Uniao
de
Bancos
Brasilieros
S.A.
is
a
financial
institution
that
offers
a
full
range
of
financial
products
and
services,
including
retail
and
wholesale
banking,
credit
cards,
insurance,
pension
plans,
asset
management,
cash
management,
brokerage
and
investment
banking.
As
of
December
31,
1999,
the
Company
had
CR$34
billion
in
total
assets;
CR$14.9
billion
in
total
loans;
CR$8.8
billion
in
total
deposits;
CR$4.1
billion
in
shareholders'
equity
and
CR$3
billion
of
import
and
export
financing.
The
Company
also
has
over
3.6
million
retail
customers;
over
1,200
large
corporate
customers;
over
1,200
middle-market
corporate
customers
and
over
5,000
private
banking
clients.
The
Company
provides
a
nationwide
network
of
643
retail
branches
located
in
all
major
urban
areas
of
Brazil,
414
corporate-site
branches,
23
in-store
branches
and
4,854
ATMs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UBB
is
a
full-service
financial
institution
engaged
in
retail
banking,
wholesale
banking,
insurance
and
asset
management
throughout
Brazil.
For
the
three
months
ended
3/31/01,
total
interest
income
rose
65%
to
CR$2.42
billion.
Net
interest
income
after
loan
prov.
rose
30%
to
CR$819
million.
Net
income
rose
3%
to
CR$210
million.
Results
reflect
the
consolidation
of
the
Bandeirantes
and
Fininvest
banks,
partially
offset
by
higher
interest
on
deposits
and
increased
personnel
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,546;
after
tax
earnings
were
221. (Preliminary; reported in millions of Real.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Roberto Bornhausen | Chairman | Israel Vainboim | Pres,
Director | Pedro Salles | Vice
Chairman | Nauro Agornilha | Exec.
Officer | Norberto Fassina | Exec.
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|