BACKGROUND

Banco Pine’s origins go back to 1939, when the Pinheiro family founded Banco Central do Nordeste in Fortaleza, Ceará. The brothers Noberto Nogueira Pinheiro and Nelson Nogueira Pinheiro founded Banco Pine in May 1997.
Since 2005, Pine has been directly controlled by Noberto Nogueira Pinheiro, who resigned as CEO in January 2007 to become  Chairman of the Board of Directors. 

On April 2, 2007, Pine’s shares began trading on the São Paulo Stock Exchange (Bovespa), when it became the first bank of its size go public, raising R$517 million from its IPO.

Agility and creativity in client service are the trademarks of the institution, thanks to a management model characterized by a streamlined in-house structure, with few hierarchical levels and a merit-based culture that prioritizes talent.

1939 – The Pinheiro family opens its first bank in Brazil – Banco Central do Nordeste
1975 – Noberto Pinheiro becomes one of the controlling shareholders of Banco BMC
1997 – Noberto and Nelson Pinheiro sell their interest in BMC and found Pine.
2005 – Noberto Pinheiro becomes Pine’s sole shareholder
2007 – IPO