Banco Abc Brasil

Banco ABC Brasil S.A., a commercial bank, provides various financial products and services to 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, payment, statement of transactions, and Internet banking services. The company also provides export and import foreign trade finance products; government onlending products; guarantees; and derivatives. 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.