Daily News logo Newsletter logo   Search News    

Banco Cruzeiro do Sul is the Winner of the Agencia Estado 2010 Business Achievement Award, Occupying 10th Place on the List

  Share This Story

SAO PAULO, May 20 /PRNewswire-FirstCall/ -- Banco Cruzeiro do Sul (Bovespa: CZRS4) has just won the Agencia Estado Business 2010 Achievement Award, occupying 10th place in the ranking of the 10 best publicly traded companies in Brazil. Organized by the news agency in partnership with Economatica and audited by KPMG, the financial institution was chosen out of 200 companies after analysis of their recent results. The award is a mark of distinction and one of the main indicators of excellence for companies in Brazil's investment market.

Fabio Rocha do Amaral, member of Banco Cruzeiro do Sul's board, who accepted the award on behalf of the company, said, "Being among the 10 best is a major recognition of the work being carried out by the bank."

According to Agencia Estado, the rankings are evaluated based on seven criteria that are important from investors' point of view: price-earnings, price-net equity per share, price variation, liquidity, volatility, dividend-net equity and return on net equity, indicators that could be applied to all companies independent of their size or industry.

The award was received fewer than three years after Banco Cruzeiro do Sul went public through an initial public offering (IPO) held in July 2007.

About Banco Cruzeiro do Sul

Banco Cruzeiro do Sul, a publicly traded company, is one of Brazil's pioneering banks and is notable for having operated in the payroll loan market for the past 16 years.

The bank is authorized to offer personal loans through payroll deductions to public servants in the three levels of government: federal, state and municipal. It uses a countrywide network of sales representatives to offer these loans.

Today, the institution heads up a financial conglomerate made up of a multiple bank, a stock and commodities brokerage, a securities dealer, a finance company, an insurance company, a securitization company and third-party funds management for special clients. With head offices in Sao Paulo (SP), branches in the cities of Rio de Janeiro (RJ), Campinas (SP), Palmas (TO), Recife (PE) and Salvador (BA) and correspondents throughout Brazil's territory, the company manages a portfolio of thousands of clients.


    VOICE COMUNICACAO INSTITUCIONAL
    Customer Financial Services Department Manager:
    Beth Guaraldo
    (bguaraldo@voice.com.br)
    Telephone: 55 11 3816 1230

SOURCE Banco Cruzeiro do Sul



 
Support Wikipedia

NeswBlaze top writers

Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 145
2 .Go Social Film Magazine Partners with the San Jose Short Film Festival to Stream Official Selections Online to a Global Audience via iPad - 37
3 .Africa Oil Operations Update - 31
4 ."K-1 Rising 2012 - K-1 World Max Final 16 2012" Announces May 27 Pay-Per-View Ustream Channel - 28
5 .Oprah Winfrey Come Out of The Closet! Admit You're a Lesbian! - 24
6 .Photos: Valkyrie MEDEVAC - 35
7 .These 10 Comfortable Walking Shoes Are a Step in the Right Direction - 27
8 .WeDoRecover Expands Drug and Alcohol Treatment Centre Network with a New Partner Rehab Centre in Durban, South Africa That Will Focus on Upmarket South African and UK, English Patients - 23
9 .F-Secure Protection Service for Business Now Protects Mobile Devices Too - 21
10 .Give a Great Valedictorian Speech - Joey Asher - 20
Updated: 16:30 PDT     3184

NewsBlaze Editors

editors

NewsBlaze Writers

news writer images

Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace NewsBlaze Fan Page NewsBlaze StumbleUpon NewsBlaze Political Cartoons NewsBlaze Editorial Cartoons
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room