Banco Banespa

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Banco do Estado de São Paulo S.A.
TypeSubsidiary
IndustryBanking
Founded1909
Defunct2001
HeadquartersSão Paulo, Brazil
ProductsFinance and insurance
RevenueIncrease US$ 6,8 Billion (2000)
Decrease US$ 406,7 Million (2000)
Total assetsIncrease US$ 20,9 Billion (2000)
Number of employees
37,200 (2000)
Websitewww.banespa.com.br

Banco Banespa (Banco do Estado de São Paulo) was a Brazilian regional bank, founded in 1909 by the state government of São Paulo. The bank was privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander.[1]

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