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Competitors

 

Banco do Brasil's relationship with competitors is guided by ethics and civility, the lawful and transparent exchange of information, and experience. In the business arena, the Bank shares logistical resources and technology with other financial institutions, besides forging partnerships for the launch of new products and services.

In the field of social responsibility, Banco do Brasil participates in initiatives of the Brazilian Federation of Banks (Febraban). The Commission on Social Responsibility is involved with Project Cisterns – that enables the construction of cisterns in Brazil's semi-arid region – and is engaged with other banks in the fight against slavery and degradation, adopting measures to eliminate its relationships and business chain.

BB also participates, along with major Brazilian banks and companies, on technical bodies, such as the Sustainable Finance Council (CTFin) and the Climate Change Council (CTClima) of the Brazilian Business Council for Sustainable Development (CEBDS), which aims to integrate sustainable development principles and practices into the business context, balancing economic, social and environmental considerations.


Banco do Brasil believes that its participation in the Brazilian Federation of Banks (Febraban) is an important way to strengthen and continuously improve the financial system and sustainable development. BB is a member of its Executive Board and Business Committee, and participates in several Febraban discussion groups, whose objective is to propose and debate changes to ensure the efficiency of the financial sector in addition to defending the interests of the conglomerate, its shareholders and customers. In 2010, Banco do Brasil was not a party in any legal actions regarding unfair competition.

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