Banco Gerdau

In Brazil, Banco Gerdau (Gerdau Bank) develops financial products and services to leverage the volume of business and meet the financing needs of customers and steel market suppliers. In less than 13 years, the bank has already made US$ 2.1 billion in loans. In 2006, it served 719 customers through approximately 270 operations related to investment funds and deposit certificates and 450 credit operations. Over the year, financing reached US$ 310 million.