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Banrisul is Brazilís 50th largest economic group

Banrisul is Brazilís 50th largest economic group

Banrisul is the 50th largest economic group in Brazil, according to the ranking Balanço Anual 2008 published in São Paulo. According to the ranking of the countryís 300 Largest Groups, Banrisul rose 22 positions between 2006 and 2007. Previously, the Bank was ranked 72nd.

The magazine, which has been published for 32 years, prepared a study of accounting statements based on the 2007 balance sheets of approximately 10,000 companies in the Brazilian market, creating the most expansive portrait of business activity in Brazil. The numbers of the Balanço Anual consolidated by Sao Paulo Trade Association (ACSP) and by the Information Center of the business newspaper Gazeta Mercantil were interpreted by Ibmec São Paulo, one of the top business schools in Brazil.

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