Banco Industrial do Brasil (BIB)
in the Bahamas 🇧🇸
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About Banco Industrial do Brasil (BIB) in the Bahamas
Banco Industrial do Brasil (BIB) is a Brazilian multiple bank with a specialized focus on middle market corporate lending and payroll-deductible loans for individuals. The bank maintains an international presence through its branch in Nassau, Bahamas, which is supervised by the Central Bank of the Bahamas.
BIB specializes in serving small and medium-sized companies (SMEs) with working capital financing, receivables discounting, and BNDES (Brazilian Development Bank) on-lending operations. The bank has been recognized for its expertise in the middle market segment, having been named "Best Brazilian Middle Market Bank" by Riskbank in 2006 and 2007.
As of its most recent reporting, BIB serves more than 1.2 million clients, including approximately 0.3 million corporate clients and 0.9 million individual clients. The bank's Nassau branch facilitates international operations for Brazilian clients requiring cross-border banking services.