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Banco Banestado S.A. (Brazil)

Main Activities: Commercial Banking
Full name: Banco Banestado S.A. Profile Updated: October 17, 2023
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Banestado (Banco do Estado do Paraná) was a state bank of Parana, Brazil. It was one of the stronger banks in the country's public financial system until the mid 90s. Since then, the government encouraged the privatization of the bank, as it did with the other Brazilian state banks. Thus, in October 2000, the Banco do Estado do Paraná was acquired by Banco Itau at auction for $ 1.6 billion.

Headquarters
R Deodoro, 862, Centro
Curitiba; Parana; Postal Code: 80060-010

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Basic Information
Outstanding Shares:
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Incorporation Date:
August 16, 1966
Key Executives
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