Banco Central do Brasil

Banco Central do Brasil operates as an autonomous federal government institution that forms part of the National Financial System. The company performs various functions of the government bank, including controlling foreign trade operations; executing foreign exchange operations on behalf of public sector enterprises and the National Treasury; executing the rules set forth by the Currency and Credit Superintendence (SUMOC), as well as the Bank for Agricultural, Industrial, and Commercial Credit; and receiving reserve requirements and voluntary deposits of commercial banks. It also operates as a currency issuing bank and the governments financial agent. The company was founded in 1964 and is headquartered in Brasilia, Brazil.