FEBRABAN - The Brazilian Federation of Banks - is the main entity representing the Brazilian banking industry. Founded in 1967 in São Paulo, it is a not-for-profit association with a commitment to strengthening the financial system and its relations with society, while contributing to Brazil’s economic, social and sustainable development.
The Federation’s objective is to represent its associates in all spheres of government – the Executive, the Legislature and the Judiciary – and on entities that represent society, so as to enhance the system of rules and regulations, the continued improvement of services and the reduction in risk levels. It also strives to concentrate its efforts so that the population can have increasing access to financial products and services.
Its members total 119 financial institutions associated with a universe of 155 institutions operating in Brazil, representing 98% of the total assets and 97% of the shareholders’ equity of the Brazilian banking system.
FEBRABAN does not engage in financial transactions of any nature. The Federation does not grant loans or financing, nor does it engage in the transfer of funds, investments, the raising funding through investments or the receipt of savings bank deposits for individuals or legal entities.
Those interested in any financial transactions should approach a bank. Click here to find out more about the associate financial institutions.
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