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Banco do Brasil

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Banco do Brasil reviews

4.3

87% would recommend to a friend

(283 total reviews)
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Alexandre Correa Abreu

83% approve of CEO

68% positive business outlook

Banco do Brasil has an employee rating of 4.3 out of 5 stars, based on 283 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Banco do Brasil employee rating is in line with the average (within 1 standard deviation) for employers within the Financeiro industry (3.7 stars).

Reviews by job title

283 reviews
2.0
Oct 15, 2008
Recommend
Business Outlook

Pros

If you want to jump into the Finance\Banking Industry is a great place to start. Just don't stay there for too long or your career will end up dead. It's a laid back environment with a lot of exposure to Brazilian culture, if that is something that you're looking for. Benefits are good, 100% coverage, including family. Work week is 35 hours.

Cons

It may sound a cliché, but management is totally dysfunctional. The reason for that is that upper management comes from Brazil for 5 years turns at the Bank. That creates a lack of continuity in leadership and in the long term planing and execution of long term projects. Every 5 years is a merry go round... Brazil is very different from the US and the Managers that come from there have a hard time adjusting to the US culture, laws and regulations and US employees. That causes a lot of misunderstanding and lack communications between US based employees and Brazilian Managers. Very little chances of career advancement for non-Brazilians at any level. Lots of red tape, low productivity, low efficiency and low moral. The IT dept is a joke, no real vision and extreme RED tape for anything regarding technology. Again the top IT Managers are from Brazil and they rotate every 5 years. One very important thing to be aware is that Banco do Brasil is majority controlled by the Brazilian government (60%). Top management positions at the Bank are all political. Brazilian government and politics are well know for the extreme bureaucracy and high corruption, but things are getting better.

Viewing 283 - 283 of 283 Reviews

Glassdoor has 6,689 Banco do Brasil reviews submitted anonymously by Banco do Brasil employees. Read employee reviews and ratings on Glassdoor to decide if Banco do Brasil is right for you.