Itau Unibanco Holding SA is a Brazil-based holding active in the banking sector. The Company divides its activities into four segments: Commercial Banking; Insurance, Life, Pension Plans and Saving Bonds; Foreign Business; Consumer Credit, and Itau BBA. It offers a range of financial services, including credits, insurance policies, investing tools, credit cards, saving accounts, pension plans, cash management, international trade financing, business transactions processing, mortgage loans, project financing and asset management, among others. The Company is present in Brazil and in 18 other countries, such as Argentina, Switzerland, the United States, the United Arab Emirates and China, among others. As of December 31, 2011, the Company's subsidiaries included Banco Itau Uruguay SA, Banco Fiat SA and Banco Itau Argentina SA, among others. On September 24, 2012, it acquired a 44.4% stake in the share capital of Redecard SA, which provides credit and debit card transaction services.