Banco do Nordeste in numbers - Situation in December 2007
Founded in 1952.
Largest regional development Bank in Latin America.
The n.º 1 Bank in South America and n.º 2 for Latin America in micro finance.
94.22% of capital stock belongs to the Brazilian government.
Capítal Stock: R$ 1.3 billion.
Net Assets: R$ 1.6 billion.
Assets managed: R$ 31.3 billions.
Shere of total loans in the Northeast: 60.5% *. (Rural = 75.0%)
Number of branches: 181.
Number of employees: 5,726.
(*) Percentages calculated from financing balances of November/2007, based on data supplied by the Central Bank of Brazil Information System and the Banco do Nordeste.
