October 06, 2011

Federal Reserve Board announces approval of proposal by Banco do Estado do Rio Grande do Sul

For immediate release

The Federal Reserve Board on Thursday announced its approval of the proposal by Banco do Estado do Rio Grande do Sul S.A., Port Alegre, Brazil, to establish a branch in Miami, Florida.

Attached is the Board's Order relating to this action.

For media inquiries, call 202-452-2955.

Last Update: October 06, 2011