Banco Santander Brasil SA (the Bank) is a Brazil-based bank. The Bank operates as a multiple service bank. It offers a range of individual and corporate banking services, such as savings accounts, credit operations, financing, leasing, mortgage and automobile lending, investment services, portfolio management, pension plans, life and property insurance policies, credit and debit cards, asset management and insurance brokerage operations, among others. As of December 31, 2011, the Bank had a number of subsidiaries and affiliated companies, including, Santander Leasing SA Arrendamento Mercantil, Companhia de Arrendamento Mercantil RCI Brasil, Santander Administradora de Consorcios Ltda, Santander Brasil Administradora de Consorcio Ltda, Banco Bandepe SA, Aymore Credito Financiamento e Investimento SA, Santander Microcredito Assessoria Financeira SA, CRV Distribuidora de Titulos e Valores Mobiliarios SA, Santander Brasil Advisory Services SA, Santander Participacoes SA, among others.