For the classification, financial indicators, growth and good ESG practices were considered.
Campinas, September 22nd, 2023 – Agibank is among the Best and Biggest Companies of 2023 in Exame magazine’s ranking, known as one of the most traditional magazines for business and economy in Brazil.
This edition, which hit newsstands this month, features a list of a thousand companies, considering not only financial and accounting indicators, but also considering growth and good social, environmental and governance practices, that demonstrates a current and more faithful portrait of companies with good results and responsible actions.
Agibank was one of the highlights, appearing in the 302nd position in the general ranking, a considerable improvement from the previous year, when it ranked in the 941st position. In the specific ranking of banks, the company is listed as number 48 out of 108 banks.
“We are very proud to be moving up on this ranking, one of the most important in the Brazilian financial sector, which evaluates companies and business across the country. This recognition reflects our ongoing pursuit of excellence, in the daily improvement of our practices and comes as a result of the commitment of our more than 4 thousand employees”, comments Glauber Correa, Agibank’s CEO.
The Best and Biggest reached its 50th edition this year and evaluated publicly traded companies or companies that disclose public data, such as the balance sheets in the Diário Oficial do Estado, financial statements published in reliable sources (B3 and CVM) and suitable mass-circulation communication vehicles. To carry out the evaluation, three criteria were considered: financial results, growth and ESG practices. The methodology and evaluation were coordinated by Ibmec, one of the main business schools in Brazil, with the participation of a committee organized by Exame.