Annual Report

The report describes Santander Brazil's completion of the Banco Real integration and a new phase of growth in 2011, including 154 new branches and continued expansion of its customer and loan businesses. Sustainability was more deeply embedded in retail and wholesale products, socio-environmental risk screening and sustainable finance. The report also highlights a 1.7% reduction in emissions, 1,061,955 m3 of water used, social investment and community programs, and 13,521 scholarships granted.