Sustainability - bicbanco
Sustainability - bicbanco
Sustainability - bicbanco
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6<br />
Profile GRI<br />
2.1, 2.3, 2.4, 2.5, 2.6, 2.7, 2.8, DMA EC –<br />
Economic Performance and DMA EC – Market Presence<br />
Banco Industrial e Comercial S.A. (BICBANCO) was incorporated in the city<br />
of Juazeiro do Norte (CE) from a company that was founded as a credit<br />
cooperative in 1938 and is today a major participant in Brazil’s financial<br />
landscape. According to a Brazilian Central Bank ranking of credit operation,<br />
dated September 2011, BICBANCO is ranked in 6th place among the<br />
nation’s private capital institutions; it is in 10th place on the list of national<br />
and foreign private banks and it is in 15th place in the overall ranking, which<br />
includes public and private capital banks, national and foreign.<br />
A universal bank headquartered in the city of São Paulo (SP), the Institution<br />
relies on a team of 1,041 employees and is part of a conglomerate that is<br />
present in every region of Brazil, with a network of 46 branches, located<br />
in 34 cities, in 18 states and the Federal District, in addition to a service<br />
point in Grand Cayman, providing support for international market transactions<br />
since 2002. The BICBANCO Conglomerate also includes the Sul<br />
Financeira, BIC Leasing, BIC Administradora de Cartões, BIC DTVM and<br />
BIC Informática companies.<br />
The Bank has been recognized for its agile operations, its responsible cor-<br />
porate management and its high-quality service. Its business is focused<br />
on offering unique products and services, geared towards corporate credit,<br />
that are mostly aimed at serving the demands of middle market companies,<br />
whose annual revenue is between BRL50 million and BRL500 million.<br />
At the end of the 2011 fiscal year, credit given to middle market segment<br />
companies accounted for 94.1% of total volume.<br />
The Bank currently has a portfolio of over 13.3 thousand active clients and,<br />
of this total, 6.9 thousand use credit operations, distributed over various<br />
industries, with no concentration of economic activity, geographic region<br />
or risk by client. Sul Financeira serves more than 208.1 thousand clients<br />
across Brazil in operations directed at individuals and small companies.<br />
Explanatory note 8 in the December 2011 Financial Statement contains<br />
detailed data on the credit portfolio. Throughout the fiscal year, the Bank<br />
neither acquired portfolios nor discontinued any business or products.<br />
A publically traded financial institution since 2007, BICBANCO is listed<br />
at Level 1 in BOVESPA’S Corporate Governance. In 2012 and for the second<br />
year in a row, the Bank’s stock was included in the BM&FBOVESPA<br />
Índice de Sustentabilidade Empresarial – ISE (Corporate <strong>Sustainability</strong> Index),<br />
a sign of the strength of the Institution’s sustainable foundations.<br />
BICBANCO OPENS<br />
NEW HEADQUARTERS<br />
In the first quarter of 2012, BICBANCO’s central<br />
administration moved to a new address:<br />
Av. Brigadeiro Faria Lima, 4.440, Itaim Bibi,<br />
CEP: 04538-132, São Paulo (SP).<br />
Construction on the new building prioritized<br />
sustainable practices and resources.<br />
The new headquarters suitably<br />
accommodates the Bank’s current<br />
structure and allows future expansions.<br />
New facilities were prepared in order to<br />
provide greater convenience, comfort and<br />
quality of life at work to employees as well as<br />
greater security and privacy for information<br />
on clients and business partners.<br />
Progress resulting from the change is<br />
discussed throughout this report.