The only financial institution with branches in all 78 municipalities of Espírito Santo state and the only bank in 20 of these municipalities, Banestes is a publicly held company controlled by the state government. Its capital is composed of common (ON) and preferred (PN) registered stock, as shown in the table below:

Banestes uses its customer service network (physical and automatic teller) and internet banking system (www.banestes.com.br) to offer financial products and services through the following units:

Banestes Seguros
www.banestesseguros.com.br

Banestes Seguros holds an important share of the Auto, Life and Personal Accident insurance market in Espírito Santo state. The unit's huge success was primarily due to the confidence enjoyed by the Banestes brand and the company's unique positioning in the market, with customer service points located across the state and a local management team. The unit's operating policy targets the retail market through the network of Banestes branches and the strong partnerships with insurance brokerages.

Created on March 8, 1971, Banestes Seguros maintains a presence in both northern and southern Espírito Santo, with regional offices located in the cities of Vitória (head office), Colatina, Linhares and Cachoeiro do Itapemirim. With this extensive network, Banestes Seguros is always ready to offer the best solutions, supported by premier products and services as well as the best assistance in the event of a claim, which means rapid response and peace of mind for customers.

Banestes DTVM

Banestes Distribuidora de Títulos e Valores Mobiliários operates as a stock brokerage and asset manager in the stock and fixed-income markets. The company began as Sarval DTVM, which was created in 1968 and four years later changed its name to Tranqüilidade. On March 7, 1977, the name was once again changed, this time to Banestes DTVM.

With head office in Vitória, the company specializes in providing securities brokerage services, with a focus on: trading on the São Paulo Stock Exchange (Bovespa); the management of securities portfolios; investment funds; investment clubs; and the structuring of underwriting transactions.

Banestes Corretora

Banestes Administradora e Corretora de Seguros, Previdência e Capitalização was founded on July 27, 1971 as an insurance administrator and brokerage for a wide variety of insurance products, and as a brokerage for savings bonds and private pension plans.

The company has an integrated team that works at the Banestes Corretora head office and at the Banestes bank branches, which includes production assistants who provide assistance at the bank branches for the sale of insurance, pension and savings bond products.

To maintain a presence across the entire state, the operations of Banestes Corretora are divided into the following microregions: Cachoeiro de Itapemirim, Carapina (Serra), Campo Grande (Cariacica), Colatina, Guarapari, Jucutuquara (Vitória), Jardim da Penha (Vitória), Linhares, Venda Nova do Imigrante and Vila Velha.

Banescaixa
www.banescaixa.com.br

Founded on December 26, 1985, Caixa de Assistência dos Empregados do Sistema Financeiro Banestes (Banescaixa) is a non-profit private association created to provide healthcare plans. Banescaixa is a healthcare plan administrator registered at the industry regulator, the National Private Healthcare Plan Agency (ANS), under number 34,333-1.

Approximately 12,000 beneficiaries use the services offered by the extensive accredited network made up of natural persons and legal entities specializing in almost all medical fields in locations across Espírito Santo. The service coverage also encompasses other states in the Southeast, Midwest and Northeast regions of Brazil through reciprocity agreements.

Fundação Banestes
www.baneses.com.br

Founded on July 11, 1972, Fundação Banestes de Seguridade Social (Baneses) is a closely held, non-profit private pension plan administrator with the mission of guaranteeing that its participants and dependents are able to retire with a high quality of life. A pioneer in the private pension industry in Espírito Santo state and one of Brazil's oldest private pension plan administrators, today Baneses is one of the largest pension funds in the state.

Baneses was created from the employee benefit plan Caixa Beneficente dos Funcionários do Banestes, which offered loans and support to the institution's employees, which are government workers. At that time, providing additional retirement benefits beyond those entitled to government workers was the responsibility of the bank. Supported by an initiative of the executive boards of Caixa Beneficente and of Banestes, a study was implemented to create a pension fund that would assure greater security and benefits to participants and dependents. Once the study was completed, which was approved by a general meeting of employees, Caixa Beneficiente was transformed into what today is Fundação Banestes de Seguridade Social (Baneses).