Banco do Estado do Rio Grande do Sul is a multiple service bank engaged in commercial banking activities, credit operations, development, financing and investment. Co. is engaged in the provision of financial services, including deposit banking, savings, home banking, and fixed-yield and commodities investment funds; credit extension through loans, rural credit, mortgage financing, Visa(r) credit card management and relendings of funds from government institutions. Co., through its subsidiaries, is also engaged in securities brokerage; leasing; data processing and insurance brokerage. As of Dec 31 2007, Co. had total assets and deposits of R$20,480,329,000 and R$12,365,958,000, respectively.
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