Itaú Unibanco Holding S.A. (ITUB)

Overview

Itaú Unibanco Holding S.A. is a prominent financial institution offering a wide array of financial products and services to both individual and corporate customers domestically in Brazil and internationally. The company's operations are segmented into Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It has evolved from its former identity, Itaú Unibanco Banco Múltiplo S.A., after a name change in April 2009. Initially founded in 1924, it has established its headquarters in São Paulo, Brazil, and functions as a subsidiary of IUPAR - Itaú Unibanco Participações S.A. The institution stands as a beacon in the financial industry, catering to a diverse clientele including retail customers with or without accounts, legal entities, high-income clients, microenterprises, small companies, middle-market companies, and high net worth individuals.

Products and Services

Itaú Unibanco Holding S.A. administers a comprehensive assortment of financial products and services designed to meet the varying needs of its broad clientele. These offerings encapsulate:

• Current Account: Central to its services, the bank offers current account facilities to manage everyday financial transactions efficiently.
• Loans: A variety of loan products are available, catering to personal, commercial, real estate, and other specific financing requirements.
• Credit and Debit Cards: Comprehensive card services including credit and debit cards, facilitating easy transactions and financial management for customers.
• Investment and Commercial Banking Services: Expertise in investments and advisory services that support the financial growth and operational needs of businesses.
• Real Estate Lending Services: Specialized real estate financing solutions to support property acquisitions and developments.
• Financing and Investment Services: Tailored financing options and investment opportunities to meet the diverse needs of its clients.
• Economic, Financial and Brokerage Advisory: Professional advisory services in economics, finance, and brokerage, aiding clients in making informed decisions.
• Leasing and Foreign Exchange Services: Solutions for asset leasing and currency exchange to facilitate international trade and investment.
• Insurance Products: A wide range of insurance products including property and casualty insurance to cover loss, damage, or liabilities, as well as life insurance products for death and personal accident.