Banco da Amazonia

What Banco da Amazonia does

Banco da Amazônia S.A. (BASA) is a Brazilian federal public financial institution headquartered in Belém, Pará, established by Lei No. 5.122/1966 and linked to the Ministry of Finance under the regulatory oversight of the Banco Central do Brasil. Operating as the development bank for the Legal Amazon region, BASA manages constitutional financing funds (FNO, FMM, FDA) alongside BNDES onlines (FINAME, BNDES Automático Rural/Urbano), Plano Safra, and FUNGETUR, providing subsidized credit to small, medium, and large rural producers, SMEs, microentrepreneurs, and individual consumers. Its 122-branch network covers approximately 59% of Brazil's national territory across the states of Acre, Amazonas, Amapá, Pará, Rondônia, Roraima, Tocantins, and parts of Mato Grosso and Maranhão, supplemented by offices in São Paulo and Brasília.

The bank operates three core product franchises: retail banking (checking accounts, credit cards, personal loans, microcredit through BASA Acredita programs including Pra Elas, Urbano, and MEI lines, private pensions, investments, capitalization bonds, and insurance), business banking (PJ accounts, commercial credit and financing, foreign trade, collections and payments, corporate investments), and agricultural banking (FNO Amazônia Rural, Giro Produtor Rural, Amazônia Rural Verde, FNO Amazônia Empresarial, FNO Amazônia Empresarial Verde, and a comprehensive agribusiness insurance suite covering crop, livestock, forest, rural pledge, and rural improvement risks). Digital distribution channels include a mobile banking app, the dedicated Banco da Amazônia Cartões app, and the MPO Digital BASA Acredita platform comprising four mobile applications for fully digital microcredit origination and servicing, plus the Aplicativo Terras for socio-environmental compliance risk validation.

BASA's revenue model centers on interest income from FNO and other constitutional fund intermediation, augmented by transaction fees and commissions from retail banking services, insurance intermediation, and sponsorship programs. Distribution relies on a hybrid model combining the physical branch network, inside sales relationship managers for credit and rural financing, a centralized contact center (CAC/SAC), and digital self-service channels. Strategic positioning is reinforced by 80 years of regional presence (80th anniversary celebrated in 2026), partnerships with multilateral and bilateral lenders including BNDES, Banco do Nordeste, and the Inter-American Development Bank, and alignment with federal inclusion and sustainability initiatives such as Brasil pra Elas and the Edital de Patrocínio ESG-focused sponsorship program.

Name

Banco da Amazonia

Legal name

Banco da Amazônia S.A.

Website

https://bancoamazonia.com.br

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Banco da Amazônia (BASA) is a Brazilian federal public development bank operating 122 branches across the Legal Amazon, delivering retail, business, and rural credit through constitutional funds (FNO, FMM, FDA) to individuals, SMEs, microentrepreneurs, and rural producers in northern Brazil.

Ownership category

akta.pro rank

Product category

Development Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), Commercial Banks, Nec (6029)

akta.pro primary industry

Public Sector Retail Banks (State-Owned Commercial Banks) (FSABAKAL)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Financial Inclusion & Basic Banking (Unbanked/Underbanked, Low-Fee Accounts) (FSABAAAL), SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Development banking
• Rural credit financing
• Constitutional fund management
• Microcredit services
• Agricultural insurance

Headquarters

HQ city

Belém

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Rural Credit (FNO and constitutional funds): As a development bank (Banco de Desenvolvimento), BASA's primary revenue stream is interest income from loans extended to rural producers, businesses, and individuals across the Legal Amazon. Financing is provided through constitutional funds (FNO, FMM, FDA) and BNDES lines, with interest rates differentiated by sector, size of enterprise, and purpose. The bank also offers agricultural and pecuary financing (custeio), fixed investment loans, and working capital.
2. Retail Banking Fees and Commissions: Fees from personal loans (Amazônia Pessoal, Amazônia Consignação, Amazônia Salário, Amazônia 13° Salário, Amazônia Desconto Pessoal), credit card services (Amazônia Card), insurance products, investments, savings accounts, and other retail banking services.
3. Agribusiness Insurance Premiums: BASA acts as an intermediary for insurance products tailored to the agribusiness sector, including crop insurance, livestock insurance, forest insurance, and rural pledge insurance. These products are distributed through the bank's network and generate commission income.
4. Green Energy and Sustainable Business Financing: Revenue generated from financing sustainable business projects including renewable energy systems (photovoltaic), eco-efficient technologies, and green urban mobility, provided through programs like Energia Verde Não Rural and FNO Amazônia Empresarial Verde.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Banco da Amazônia (BASA) is a federal public development bank offering retail banking, business banking, and agricultural financing across the Legal Amazon region. Its primary business is managing constitutional financing funds (FNO, FMM, FDA) and BNDES lines to extend subsidized rural credit, working capital, microcredit, and agribusiness insurance to producers, SMEs, and individual consumers across approximately 59% of Brazil's territory through 122 branches.

Product overview

Banco da Amazônia (BASA) is a Brazilian public federal financial institution that operates as a development bank for the Amazon region. The bank offers a comprehensive suite of financial products across three main segments: Personal Banking (conta corrente, credit cards, personal loans, microcredit through BASA Acredita programs, pensions, investments, and insurance), Business Banking (PJ accounts, commercial services, foreign trade, credit facilities, and corporate financing including FNO Amazônia Empresarial and FNO Amazônia Empresarial Verde), and Agricultural Banking (specialized rural credit through FNO Amazônia Rural, Giro Produtor Rural, Amazônia Rural Verde, and comprehensive agricultural insurance including crop, livestock, forest, rural pledge, and rural improvement coverage). The bank manages Constitutional Financing Funds (FNO, FMM, FDA) and participates in BNDES programs (FINAME, BNDES Automático) and Plano Safra. Digital channels include Mobile Banking apps and Internet Banking, supported by microcredit programs for women entrepreneurs (BASA Acredita Pra Elas) and urban entrepreneurs (BASA Acredita Urbano). The institution also operates the Centro Cultural Banco da Amazônia for regional cultural promotion.

Differentiator

Problem solved

Functional benefit

Brands

• FNO Amazônia Rural: Constitutional Fund financing program for rural producers supporting sustainable agricultural practices in the Amazon region.
• FNO Amazônia Empresarial
• FNO Amazônia Empresarial Verde
• Amazônia Rural Verde
• BASA Acredita Pra Elas
• BASA Acredita MEI
• BASA Acredita Urbano
• Energia Verde - Não Rural

Products and services

• Conta Corrente BASA (Checking Account)
• Cartão de Crédito (Credit Card / Amazônia Card VISA)
• Empréstimo Pessoal (Personal Loans)
• Microcrédito BASA Acredita
• Previdência Privada (Private Pension)
• Investimentos (Investment Products)
• Seguros (Insurance)
• Título de Capitalização (Capitalization Bonds)
• Conta PJ (Business Checking Account)
• Crédito e Financiamentos Empresarial (Business Credit and Financing)
• Energia Verde Não Rural (Green Energy Financing)
• Comércio Exterior (Foreign Trade)
• Cobrança e Pagamento (Collections and Payments)
• Crédito e Financiamento Rural (Rural Credit and Financing)
• Giro Produtor Rural
• FNO Amazônia Empresarial
• FNO Amazônia Empresarial Verde
• Seguros para o Agronegócio (Agribusiness Insurance)
• Mobile Banking App
• Banco da Amazônia Cartões App
• FNO (Fundo Constitucional de Financiamento do Norte)
• FMM (Fundo Marinho da Amazônia)
• FDA (Fundo de Desenvolvimento da Amazônia)
• BNDES FINAME
• Plano Safra
• Centro Cultural Banco da Amazônia

Quantifiable outcome

• R$350 million in new financing committed to sanitation infrastructure (Águas de Manaus) in 2026, within a broader R$1.7 billion Aegea Saneamento package.
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Three partnerships are on record, tiered flagship, core and minor.

• Águas de Manaus / Aegea SaneamentoflagshipStrategic or Co-development Partner · 26 June 2026BASA provided R$350 million as part of the R$1.7 billion Aegea Saneamento financing package to support sanitation infrastructure expansion and universal access to clean water in Manaus. This is a flagship infrastructure financing partnership demonstrating BASA's role as a regional development bank supporting major public utility projects.
• Ministério da Mulher, da Família e dos Direitos Humanos (Ministry of Women, Family, and Human Rights)coreStrategic or Co-development PartnerThe BASA Acredita Pra Elas program strengthens federal government programs including the 'Brasil pra Elas' initiative and supports the 'Qualifica Mulher' and 'Salve uma Mulher' projects in partnership with the Ministry. This reflects a government ecosystem approach to women's economic empowerment.
• Caixa Econômica FederalminorChannel Partner/ Reseller/ DistributorBASA's Amazônia Card (credit card) is co-branded with Visa and managed through Caixa Econômica Federal's customer service infrastructure (4004-0104, 0800-104-0104) for billing inquiries, card blocking, and statement requests, leveraging Caixa's national service network.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BNDES: Brazil's national development bank and a frequent co-financing partner with BASA in infrastructure deals (e.g., the R$1.7 billion Aegea package). Operates at a national scale across all sectors but shares the development banking mandate and constitutional fund on-lending model.
• Banco do Brasil: Largest federal public bank with dominant agribusiness lending franchise through Plano Safra and broad retail branch network. Competes directly with BASA in rural credit and government payroll-linked segments while sharing federal ownership and constitutional mandates.
• Caixa Econômica Federal: Federal public bank and BASA's channel partner for Amazônia Card servicing; competes across retail, housing, and government social program segments. Provides a benchmark for how a federal public bank scales digital and consumer finance products.

Regional players

• Banrisul: State-owned bank controlled by Rio Grande do Sul with a similar regional development and retail banking model, but operating in the south of Brazil rather than the Amazon. Comparable in governance structure and focus on a specific state/region's economic development.

Direct peers

• BRB - Banco de Brasília: Mixed-capital regional bank with state-government controlling stake, serving the Federal District with retail, credit, and public-sector payroll products. Comparable in regional development mandate and government-influenced ownership, though smaller and more geographically concentrated than BASA.
• Banco do Nordeste do Brasil (BNB): Brazil's other major regional development bank, managing the FNE (Fundo Constitucional de Financiamento do Nordeste) with a comparable mandate to provide subsidized credit to underserved northeastern regions. Most directly comparable in business model, fund management role, and government ownership structure.

Others

• Banco da Amazônia (financial parent / oversight) - Ministério da Fazenda: BASA's oversight body and the source of its constitutional fund allocations; comparable institutional owners include the federal structures governing Caixa and Banco do Brasil, and BASA's strategy is tightly coupled to Ministry of Finance policy direction.

Emerging players

• Nubank: Brazil's largest digital bank, rapidly expanding deposit, credit card, and personal loan products nationwide including the North region. Represents the primary competitive threat on digital UX and cost-to-serve in the retail segments where BASA's branch-led model is weakest.
• Inter & Co: Digital super-app bank offering accounts, credit, investments, and insurance with strong growth in northern Brazil. Competes with BASA on convenience, pricing transparency, and digital product velocity.
• Sicredi: Brazilian cooperative financial system with growing agribusiness and SME credit penetration in underserved regions, including the North. Comparable in mission-oriented lending to rural producers and SMEs, but structured as a cooperative rather than a government-owned development bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/basa_oficial
• Facebookfacebook.com/bancoamazonia

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banco da Amazonia