ANBID - National Association of Investment Banks (Associação Nacional dos Bancos de Investimento) is the main representative of the financial institutions operating in the Brazilian capital markets. The Association's aim is to strengthen the domestic capital markets as an instrument for fostering Brazilian development.

 

As the sole representative of this economic segment, ANBID operates in an innovative manner not only by representing the interests of its members, but also by acting as a vehicle for their activities self-regulation upon the adoption of standards which are normally more rigid than those required by the applicable legislation. ANBID is also the leading source of information for the country's capital markets, as well as the promoter of far-reaching initiatives directed at educating investors and market professionals.

 

The Association operates with a staff of approximately 120 people along with about 700 executives representing member institutions divided among the organization's 40 different bodies. Each month, an average of 50 meetings IS held for the discussion of matters of critical importance to members, the capital markets and the country as a whole.