Banco do Brasil SA (the Bank) is a bank based in Brazil. The Bank has both individual and corporate customers. It provides a range of financial products and services, such as deposits, saving accounts, credit cards, asset management, loans and foreign exchange, as well as health, life and property insurance. Banco do Brasil SA operates in the domestic and international markets. The Bank’s subsidiaries include BB Administradora de Cartoes de Credito SA, BB Administradora de Consorcios SA, BB Corretora de Seguros e Administradora de Bens SA, Brasilian American Merchant Bank-BAMB, Banco do Brasil AG Viena and BB Leasing Company Ltd, among others. In 2008, the Bank acquired Besc SA and Besc SA Credito Imobiliario-Bescri.