The system began operations in October 2011, and is sponsored by the municipal government of Rio de Janeiro in partnership with Banco Itaú, and operated by Serttel, a private concessionaire.
Itaú CorpBanca is the third largest commercial bank in Chile, the bank is owned by Itaú Unibanco, the second largest bank in Latin America by assets, only after Banco do Brasil.
It is the most important subsidiary of Investimentos Itaúsa, a large conglomerate that ranks among Fortune magazine's top 500 corporations in the world.
•
The bank has offices in Asuncion, Buenos Aires, Cayman Islands, Dubai, Hong Kong, Lisbon, London, Luxembourg, Montevideo, Nassau, New York, Santiago, Shanghai and Tokyo On August 22, 2009, Itaú Unibanco and insurance company Porto Seguro disclosed that they had entered into an alliance.
Santander is the fifth largest commercial bank in Brazil by assets, after Itaú Unibanco, Banco do Brasil, Bradesco and Caixa Econômica Federal.
Currently the company its owned by the Brazilian billionaire Jayme Garfinkel and the bank Itaú Unibanco, through PSIUPAR (Porto Seguro Itaú Unibanco Participações S.A.).