Company Information

Get to know Banpará

Banco do Estado do Pará S.A. (Banpará) is a mixed-capital company controlled by the Government of the State of Pará, Brazil. Founded in 1961, the bank's mission is to act as a key financial agent for the economic and social development of the state. It offers a comprehensive portfolio of services for individuals, businesses, and government clients, including current and savings accounts, credit lines, investments, insurance, and digital banking solutions, contributing significantly to the regional economy.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

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Banpará

Brazil

Founded in

30 Nov 1959 (66 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.