blog
12/14/23

Ourinvest Bank is now Ouribank

By

Michele Loureiro

After four decades of history, Banco Ourinvest announces the evolution of its brand. A reference in exchange, the bank is preparing for the future and becomes Ouribank, focusing on the digital environment to guarantee a more complete and integrated operation, in addition to offering an even more personalized service.

 

Founded in 1979, 44 years ago, Banco Ourinvest experienced important moments before the rebrand. He was responsible for holding the first Brazilian Eurobond abroad and for the first National Debt Asset Fund. He also held 70% of the custody of gold in Brazil and was a shareholder and advisor to the São Paulo government's first privatization program (Rodovia Anhanguera). In addition, he was responsible for creating the first CRI (Real Estate Receivables Certificate) in the country, consolidating himself as the largest real estate fund manager and distributor in Brazil.

 

During its history, now Ouribank, has always been innovative. The first reinvention came with the introduction of gold as a financial asset. Thus, the bank not only formalized the gold market, but developed Brazil's first foreign exchange hedging instrument. In real estate, he pioneered the structuring of assets backed by real estate. In credit, he created the first credit fintech for companies. In the investment area, it brought an exclusive and innovative approach to its clients. And in the exchange, where it became a reference, it processed billions of dollars in foreign exchange transactions.

 

Ouribank is committed to being close to its customers and is positioned as a reliable source of information for the foreign exchange segment. Over the past five years, she has published on her blog more than 150 exclusive and in-depth content on strategic topics prepared to help clients conquer new businesses and markets.

 

A team ready to innovate

 

There are more than 550 employees dedicated to offering the best exchange experience to clients, in addition to the service of 600 foreign exchange correspondents prepared to help individuals and legal entities to make the best decisions. The Ouribank team is ready to assist its clients with services such as foreign exchange hedging, credit, CDE, in addition to having a payment solutions hub and Bank as a Service to serve brokerage firms, remitters, traders, fintechs, financial institutions, facilitators, and marketplace and e-commerce companies.

 

In 2023, this expertise guaranteed first place among the 20 small and medium-sized banks with the highest operating profitability and the second place among the most profitable in terms of average equity, according to the yearbook of the 1000 largest companies in the country, published by the newspaper Valor Econômico. With 40% growth in turnover in 2023, Ouribank arrives with innovation and ready for another phase of its growth history.

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