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Itau Unibanco Holding (FRA:BVXB) Other Liabilities for Insurance Companies


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What is Itau Unibanco Holding Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


Itau Unibanco Holding Business Description

Industry
Address
Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
Itau Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itau and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itau's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.