trending Market Intelligence /marketintelligence/en/news-insights/trending/6l563XniHBHpm7T7QtnoQQ2 content esgSubNav
In This List

Banestes' board approves H2'16 interest on equity payments

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Banestes' board approves H2'16 interest on equity payments

Banestes SA - Banco do Estado do Espírito Santo's board approved intermediate interest on equity payment equivalent to 249,000 Brazilian reais tied to its second-half 2016 results.

The payment, which equates to about 0.08 of a Brazilian centavo for each common and preferred share, is still subject to shareholder approval.

As of Jan. 31, US$1 was equivalent to 3.13 Brazilian reais.