Banco ABC Brasil SA operates in Brazil's banking sector. The group's main operation is to offer credit to institutional and retail clients. The bank's financial products and services include foreign and local currency loans, various types of guarantees, international trade finance, derivative transactions, investment finance, and advice on mergers and acquisitions, among others. It also conducts capital market operations and other banking services.
Market capitalization, or "market cap", is the aggregate market value of a company represented in a dollar amount. Since it represents the “market” value of a company, it is computed based on the current market price (CMP) of its shares and the total number of outstanding shares.
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