Itaú Unibanco

Itaú Unibanco is the largest non-state bank in Brazil and a major presence throughout Latin America. It also has operations in Europe and Asia, providing services in a wide range of segments.

About Itaú

Itaú Unibanco, created in 2008 after Banco Itaú and Unibanco merged, is the largest Latin American private-sector bank and one of the largest banks in the world, with approximately 100,000 employees and operations in 20 countries throughout the Americas, Asia and Europe. Itaú delivers a range of services and products serving a varied client profile — from individuals and companies of all sizes to major transnational groups and local micro-entrepreneurs. In its home base of Brazil, Itaú has nearly 5,000 full-service branches and 28,000 ATMs.

Itaú is recognized for its governance practices and its management, which focuses on generating economic, social and environmental value. With shares trading on the São Paulo (BM&FBovespa), Buenos Aires and New York stock exchanges, the company has been a component of the Dow Jones Sustainability World Index portfolio for the past 13 years. Itaú has also been a recipient of FT/IFC Sustainable Finance Awards: Sustainable Bank of the Year – Emerging Markets in 2009 and 2010, Sustainable Bank of the Year in 2011 and, in 2012, Sustainable Bank of the Year – Americas. For nearly a decade, Itaú has also been the most valuable brand name in Brazil, valued at over US$10.7 billion.

The Program

Itaú’s approach to corporate social responsibility is guided by the belief that gender equality depends in part on men and women having equal access to the elements of a successful life. These include education, culture, sports and good living conditions, which Itaú has made the four pillars of its corporate social responsibility programming. Itaú has been refining the value proposition for its Women’s Market program, Mulher Empreendedora, and has dedicated credit lines totaling more than US$300,000 to its women business owner customers, who represent one-third of the bank’s small and medium enterprise (SME) customer base.

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ITAU AT A GLANCE

Itaú Unibanco was formed from the merger of Banco Itaú and Unibanco in 2008.

Itaú has approximately 100,000 employees and operations in 20 countries, including in South America, North America, Europe and Asia.

The bank has nearly 5,000 full-service branches and 28,000 ATMs in its home base of Brazil, alone.

Itaú is the most valuable brand name in Brazil, valued at over US$10.7 billion.

Women represent one-third of the bank’s SME customer base.

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The Opportunity - Brazil

  • 65%

    of women in Brazil had an account at a bank in 2014, Findex data shows.
  • 5%

    of Brazilian women had a business bank account in 2011, according to Findex data.
  • 29%

    of investments in Brazilian women-owned SMEs were bank financed in 2009, the World Bank found.
  • 10%

    of women in Brazil borrowed money from a bank in 2014, Findex research showed.