Banco do Estado do Rio Grande do Sul S.A. (Banrisul), founded in 1928, is a multiple-service bank controlled by the state of Rio Grande do Sul and is one of the most profitable of the largest
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Banco do Estado do Rio Grande do Sul S.A. (Banrisul), founded in 1928, is a multiple-service bank controlled by the state of Rio Grande do Sul and is one of the most profitable of the largest Brazilian banks (measured based on total assets) based on return on shareholders equity, according to Central Bank data.