Banco ABC Brasil S.A. is a multiple bank authorized by the Brazilian Central Bank to conduct asset, liability, and advisory transactions related to its respective authorized portfolios (Commercial, Investment, Financial, Real Estate and FX).
Banco ABC Brasil started business in 1989 through a joint venture of the Arab Banking Corporation and the Roberto Marinho Group; this gave rise to Banco ABC Roma SA, which acted in corporate credit and treasury. Since then, the bank has built a solid customer base in the Corporate segment by offering high-value-added financial products tailored to clients’ specific needs.
The current management took over in 1991 and includes Brazilian executives with extensive financial industry experience.
In 1997, the Arab Banking Corporation acquired the Roberto Marinho Group’s stake to become the controlling shareholder and the executives acquired a minority stake aligning their interests with those of the controlling shareholder. In the same year, the bank changed its name to Banco ABC Brasil SA, which remains unchanged to date.
In 2007, Banco ABC Brasil held its IPO and was listed on the Level 2 of Corporate Governance segment athe B3.
In 2019, Banco ABC Brasil started to operate in the Middle segment, aiming at serving companies with annual revenues between R$30 and R$250 million. In the same year, Banco ABC Brasil added two new areas to its Investment Banking platform: the Project Finance area, focused on financially structuring stand-alone projects, and the Equity Capital Markets (ECM) area, to support its clients in offerings in the stock exchange.
In 2020, the Bank acquired an Energy Trading and started operating in this segment. In the following year, 2021, it also established an Insurance Broker as part of its economic group.
The Bank’s headquarter is located at Av. Cidade Jardim, 803 – 2nd Floor – Itaim Bibi – São Paulo, SP, Brazil – 01453-000.