Knowledge (XXG)

Banco Pan

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The bank has operated as a multi-service bank since 1991, starting its credit card operations in 1994 and leasing operations in 1998 through a subsidiary, Panamericano Arrendamento Mercantil. In 1999, the insurance company, Panamericano de Seguros was incorporated into the bank. Banco Pan has been
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On November 8, 2010, Silvio Santos, announced a loan of 2.5 billion reais (1.4 billion dollars) to cover an accounting fraud at Banco Pan. The loan provided by the Credit Guarantee Fund and secured by assets of the business assets of Grupo Silvio Santos, was necessary to restore the full balance
373: 389: 407: 467: 300:, announced that the shortfall of the bank was of 4.0 billion reals (2.3 billion dollars). In response Silvio Santos sold Grupo Silvio Santos's shares in the bank to 431: 279:, the second largest Brazilian state-owned bank, bought part of the Grupo Silvio Santos shares becoming the second largest shareholder of the institution. 66: 248:. The bank primarily focuses on granting consumer loans to individuals in lower to medium income brackets. Its services include consumer loans, 288:
sheet. The bank had continued to account for credit portfolios that had been sold to other financial institutions, thus falsifying assets.
386: 276: 219: 462: 305: 252:, credit cards branded as Visa or MasterCard, insurance products, leasing, and group financial activities. 320:, Banco Pan is one of the largest midsize banks in Brazil. It competes with other midsize banks such as 24: 149: 261: 62: 76: 48: 297: 393: 241: 20: 210: 456: 265: 56: 352: 317: 245: 94: 301: 249: 215: 342: 161: 37: 325: 321: 113: 408:"Meet TV Star Silvio Santos, Brazil's First Ever Celebrity Billionaire" 304:. The businessman did not receive any compensation, as BTG Pactual and 134: 98: 181: 275:
In 2005 it garnered public attention for large bonuses. In 2009,
229: 122: 337: 268:, purchased the Banco Real Sul and renamed it PanAmericano. 432:"BTG Assuming $ 2.3 Billion of Debt to Buy Panamericano" 19:"Panamericano" redirects here. For the concept, see 225: 209: 199: 179: 159: 140: 130: 104: 90: 82: 72: 54: 44: 387:Banco Panamericano supera Itaú Unibanco em bônus 296:On January 29, 2010, the Brazilian newspaper 272:offering payroll deduction loans since 2002. 8: 30: 374:"Continuum Inc - Company Profile and News" 36: 29: 468:Companies listed on B3 (stock exchange) 365: 7: 260:Banco Pan was founded in 1969 when 308:assumed all the accumulated debt. 14: 264:, owned by billionaire media-man 345: 188: 187: 168: 167: 145: 144: 1: 316:Currently headquartered in 230:https://www.bancopan.com.br 484: 18: 240:, is a Brazilian midsize 35: 172:- US$ 64.1 million 306:Caixa Economica Federal 277:Caixa Econômica Federal 250:payroll deduction loans 220:Caixa Econômica Federal 192:US$ 9.1 billion 119:José Luiz Arcar Pedro 25:We No Speak Americano 110:Jorge Fontes Hereda 23:. For the song, see 406:Antunes, Anderson. 292:Sale to BTG Pactual 262:Grupo Silvio Santos 201:Number of employees 32: 392:2014-01-13 at the 77:Financial services 244:headquartered in 235: 234: 195: 175: 155: 126: 117: 49:Sociedade Anônima 475: 447: 446: 444: 443: 428: 422: 421: 419: 418: 403: 397: 384: 378: 377: 370: 355: 350: 349: 348: 338:Official Website 298:Folha de S.Paulo 193: 191: 190: 184: 173: 171: 170: 153: 148: 147: 120: 111: 40: 33: 483: 482: 478: 477: 476: 474: 473: 472: 463:Banks of Brazil 453: 452: 451: 450: 441: 439: 438:. February 2011 430: 429: 425: 416: 414: 405: 404: 400: 394:Wayback Machine 385: 381: 372: 371: 367: 362: 351: 346: 344: 334: 314: 294: 285: 258: 242:commercial bank 218: 202: 180: 164: 118: 107: 59: 28: 21:Pan-Americanism 17: 12: 11: 5: 481: 479: 471: 470: 465: 455: 454: 449: 448: 423: 398: 379: 364: 363: 361: 358: 357: 356: 341: 340: 333: 332:External links 330: 313: 310: 293: 290: 284: 283:Crisis of 2010 281: 257: 254: 233: 232: 227: 223: 222: 213: 207: 206: 203: 200: 197: 196: 185: 177: 176: 165: 160: 157: 156: 142: 138: 137: 132: 128: 127: 108: 105: 102: 101: 92: 88: 87: 84: 80: 79: 74: 70: 69: 60: 55: 52: 51: 46: 42: 41: 31:Banco Pan S.A. 16:Brazilian bank 15: 13: 10: 9: 6: 4: 3: 2: 480: 469: 466: 464: 461: 460: 458: 437: 436:Bloomberg.com 433: 427: 424: 413: 409: 402: 399: 395: 391: 388: 383: 380: 375: 369: 366: 359: 354: 343: 339: 336: 335: 331: 329: 327: 323: 319: 311: 309: 307: 303: 299: 291: 289: 282: 280: 278: 273: 269: 267: 266:Silvio Santos 263: 255: 253: 251: 247: 243: 239: 231: 228: 224: 221: 217: 214: 212: 208: 204: 198: 186: 183: 178: 166: 163: 158: 151: 143: 139: 136: 133: 129: 124: 115: 109: 103: 100: 96: 93: 89: 85: 81: 78: 75: 71: 68: 64: 61: 58: 53: 50: 47: 43: 39: 34: 26: 22: 440:. Retrieved 435: 426: 415:. Retrieved 411: 401: 382: 368: 353:Banks portal 315: 295: 286: 274: 270: 259: 237: 236: 182:Total assets 152:1.9 billion 91:Headquarters 45:Company type 302:BTG Pactual 216:BTG Pactual 457:Categories 442:2018-12-04 417:2018-12-04 360:References 312:Operations 162:Net income 106:Key people 318:São Paulo 246:São Paulo 238:Banco Pan 95:São Paulo 57:Traded as 390:Archived 326:BicBanco 322:Daycoval 131:Products 114:Chairman 73:Industry 256:History 226:Website 141:Revenue 135:Banking 83:Founded 65::  412:Forbes 211:Parent 194:(2013) 174:(2013) 154:(2013) 99:Brazil 67:BPAN4 396:2005 324:and 150:US$ 86:1969 205:378 123:CEO 459:: 434:. 410:. 328:. 97:, 63:B3 445:. 420:. 376:. 125:) 121:( 116:) 112:( 27:.

Index

Pan-Americanism
We No Speak Americano

Sociedade Anônima
Traded as
B3
BPAN4
Financial services
São Paulo
Brazil
Chairman
CEO
Banking
US$
Net income
Total assets
Parent
BTG Pactual
Caixa Econômica Federal
https://www.bancopan.com.br
commercial bank
São Paulo
payroll deduction loans
Grupo Silvio Santos
Silvio Santos
Caixa Econômica Federal
Folha de S.Paulo
BTG Pactual
Caixa Economica Federal
São Paulo

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