Company Information

Get to know Banrisul

Founded in 1928, Banco do Estado do Rio Grande do Sul (Banrisul) is a mixed-capital company controlled by the State of Rio Grande do Sul, Brazil. It operates as a multiple-service bank, serving individuals, small and medium-sized businesses, and large corporations. Its core business includes commercial, credit, financing, investment, real estate credit, and leasing operations, as well as offering insurance, private pension plans, and asset management. Banrisul's mission is to promote the economic and social development of Rio Grande do Sul while providing competitive financial solutions to its customers across Brazil.

Industry

Financial BankingPRIMARY
Financial Other Service

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Banrisul

Brazil

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Founded

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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Warning

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.