Banese
in Brazil 🇧🇷
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About Banese in Brazil
Banese (Banco do Estado de Sergipe S.A.) is a regional Brazilian state bank structured as a publicly-traded mixed-economy company, with the Government of the State of Sergipe holding majority control. Founded in 1961, Banese operates as a universal bank serving individuals, small and medium enterprises, and public-sector clients throughout Sergipe and neighboring northeastern states including Alagoas and Bahia.
With approximately 839,000 clients and a network covering all 75 municipalities in Sergipe, Banese functions as a key driver of the state's socioeconomic development. The bank maintains strong capitalization with a total capital ratio of approximately 23.96% and holds an AA+(bra) long-term rating from Fitch Ratings.
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