Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services primarily in Brazil. The company engages in the retail banking, lending, financing and investment, mortgage loan, development, lease portfolio, and foreign exchange activities. It also provides securities brokerage, payment industry solutions, insurance, and pension plan and saving bonds products, as well as manages sales poll groups. The company was incorporated in 1928 and is headquartered in Porto Alegre, Brazil.