Banco Santander SA (the Bank) is a Brazil-based bank integrating the international financial group Banco Santander Espanha. Its main business areas are the retail banking, wholesale banking, asset management and insurance. The Bank also provides crediting, financing, real estate crediting, exchange, insurance and commercial savings services. The Bank directs its products and services to individual clients, small and medium-sized companies, corporations, governmental agencies and institutions. During the year ended December, 2008, both ABN AMRO Real SA and ABN AMRO Brasil Dois Participacoes SA joined Banco Santander SA’s group of main subsidiaries, which includes Aymore Credito, Financiamento e Investimento SA and Real Leasing SA Arrendamento Mercantil. In March 2009, Banco Santander SA announced that it has acquired the outstanding 50% of Brazil insurance group Real Tokio Marine Vida e Previdencia, affiliated of Tokio Marine Holdings, Inc., which the Company did not yet own.