Banco Cruzeiro do Sul

Banco Cruzeiro do Sul S.A.

Type	Sociedade Anônima
Traded as	BM&F Bovespa:CZR4
Industry	Financial
Founded	(1993)
Headquarters	São Paulo, Brazil
Key people	Luis Octavio A.L. Indio da Costa, (Chairman & CEO)
Products	Loan, Financing
Revenue	US$ 251.2 Million (2010) [1]
Net income	- US$ 37.1 Million (2010)
Total assets	US$ 7.1 Billion (2011)
Number of employees	3,666
Website	www.bcsul.com.br

Banco Cruzeiro do Sul (BM&F Bovespa:CZR4) was a Brazil-based bank mainly engaged in the consumer financing segment. It was declared bankrupt in August 11, 2015.

It offered redit, investment, brokerage and consulting services, as well as a range of financial products. It also offered public bond market intermediation and loans. The bank's products were distributed in Brazil through a network of banking correspondents which included more than 360 small and midsized companies.

The bank was headquartered in São Paulo and was owned by the Indio da Costa family, prior to being liquidated by the Central Bank. Administration was taken over by the FGC (Credit Granting Fund) for 180 days in 2012, while investigations occurred over a balance of negative 150 million reais, caused by a false declaration of funds.

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