Banco Cruzeiro do Sul S.A. : Sale of Portfolio Payroll Linked Credit Card

Banco Cruzeiro do Sul SA Falido, formerly known as Massa Falida do Banco Cruzeiro do Sul S.A., is a Brazil-based financial institution (engaged in the banking sector. The Caomapny provides various financial services, including payroll credits, credit for small and medium enterprises, credit cards, foreign exchange transactions, management of investment funds and securities brokerage, among others. The company holds intrest in a number of subsidiaries, such as, BCS Seguros SA, Cruzeiro do Sul SA Companhia Securitizadora de Creditos Financeiros, Cruzeiro do Sul Comercial Importadora e Exportadora Ltda, Cruzeiro do Sul SA Corretora de Valores e Mercadorias, Cruzeiro do Sul SA Distribuidora de Titulos e Valores Mobiliarios and Companhia Promotora de Vendas - Proveban.