BANESTES


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AcronymDefinition
BANESTESBanco do Estado do Espírito Santo SA (Espírito Santo State Bank, Brazil)
References in periodicals archive ?
Any changes to Banestes' IDRs or in the bank's credit profile when compared to its Brazilian peers could lead to a change in the National Ratings.
Banestes had a credit portfolio consisting of loans to individuals (59%) and companies (41%).
In the last four years, Banestes showed good profitability, without major fluctuations.
One of Banestes' strengths is its stable and diversified funding base, with clients related to savings accounts and term deposits with low concentration.
Chart 2--Disclosure Indexes (DI) of the Financial Institutions Analyzed Institutions DI (%) BB 49% ITAU 51% BRADESCO 52% CEF 38% SANTANDER 46% HSBC 46% VOTORANTIM 49% SAFRA 45% CITIBANK 34% BTG PACTUAL 23% BANRISUL 35% DEUTSCHE 23% CREDIT SUISSE 31% BNB 54% BNP PARIBAS 35% VOLKSWAGEN 29% BIC 49% JP MORGAN CHASE 26% BMG 38% FIBRA 32% BANESTES 42% MERCANTILDO BRASIL 46% CRUZEIRODOSUL 35% RABOBANK 38% BRB 35% PINE 31% FIDIS 22% MORGAN STANLEY 28% CNH CAPITAL 20% INDUSVAL 35% MERRILL LYNCH 52% BANIF 31% CSF 42% BANESE 38% INDUSTRIAL DOBRASIL 35% HONDA 33% BANPARA 42% STANDARDBI 50% GOLDMAN SACHS 46% SMBC 40% ING 20% MODAL 38% GUANABARA 38% MORADA 28% INTERMEDIUM 31% RIBEIRA OPRETO 29% STANDARD CHARTERED BIS.A.
The Ratings of BRB, Banestes, Banrisul and Banese's are driven by their standalone creditworthiness.
- Banco do Estado do Espirito Santo (Banestes); --Banco do Estado de Sergipe S.A.