{"id":514226,"date":"2021-07-16T17:32:54","date_gmt":"2021-07-16T21:32:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/material-fact-itau-wins-the-bidding-process-promoted-by-minas-gerais-for-payroll-management-services\/"},"modified":"2021-07-16T17:32:54","modified_gmt":"2021-07-16T21:32:54","slug":"material-fact-itau-wins-the-bidding-process-promoted-by-minas-gerais-for-payroll-management-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/material-fact-itau-wins-the-bidding-process-promoted-by-minas-gerais-for-payroll-management-services\/","title":{"rendered":"Material Fact: Ita\u00fa Wins The Bidding Process Promoted By Minas Gerais For Payroll Management Services"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

S\u00c3O PAULO, July 16, 2021<\/span> \/PRNewswire\/ — ITA\u00da UNIBANCO HOLDING S.A. <\/b>(“Ita\u00fa Unibanco”) announces to its stockholders that it won as of today, July 16, 2021<\/span>, the bidding process promoted by the State of Minas Gerais, as it has presented the best financial proposal for the rendering of payroll management services, for five years, to state public servants (active, retirees and pensioners), and to companies that are suppliers of the State, totaling a monthly amount of approximately R$ 4.8 billion<\/span> (“operation”). <\/p>\n

The proposal establishes a payment in cash of R$ 2.4 billion<\/span> for payroll management. This payment will be recorded as “Intangible” and recognized in the statement of income on a deferred basis.<\/p>\n

This operation reaches 618 thousand public servants, 20% of which concentrated in the metropolitan region of Belo Horizonte<\/span>; a balance of payroll loans portfolio of R$ 7.7 billion<\/span> and; 6.3 thousand companies that are suppliers of the State. <\/p>\n

Ita\u00fa Unibanco will allow current accounts to be opened fully online and at new dedicated physical sites, in addition to our branches already existing in the State. This operation falls into the Phygital\u00a0(physical and digital) strategy, which is targeted to offering service models to the most varied client profiles.<\/p>\n

The agreement is now on its formalization phase.<\/p>\n

S\u00e3o Paulo (State of S\u00e3o Paulo), July 16, 2021<\/span>.<\/p>\n

\n
\n RENATO LULIA JACOB<\/span>
\n
\n <\/i>
\n Group Head of Investor Relations and Market Intelligence<\/i>\n <\/p>\n

\n Ita\u00fa Unibanco \u2013 Comunica\u00e7\u00e3o Corporativa
<\/b>(11) 5019-8880 \/ 8881 \u2013 imprensa@itau-unibanco.com.br<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/material-fact-itau-wins-the-bidding-process-promoted-by-minas-gerais-for-payroll-management-services-301335884.html<\/a><\/p>\n

SOURCE Ita\u00fa Unibanco Holding S.A.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire S\u00c3O PAULO, July 16, 2021 \/PRNewswire\/ — ITA\u00da UNIBANCO HOLDING S.A. (“Ita\u00fa Unibanco”) announces to its stockholders that it won as of today, July 16, 2021, the bidding process promoted by the State of Minas Gerais, as it has presented the best financial proposal for the rendering of payroll management services, for five years, to state public servants (active, retirees and pensioners), and to companies that are suppliers of the State, totaling a monthly amount of approximately R$ 4.8 billion (“operation”). The proposal establishes a payment in cash of R$ 2.4 billion for payroll management. This payment will be recorded as “Intangible” and recognized in the statement of income on a deferred basis. This operation reaches 618 thousand … <\/p>\n

Continue reading “Material Fact: Ita\u00fa Wins The Bidding Process Promoted By Minas Gerais For Payroll Management Services”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514226","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMaterial Fact: Ita\u00fa Wins The Bidding Process Promoted By Minas Gerais For Payroll Management Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/material-fact-itau-wins-the-bidding-process-promoted-by-minas-gerais-for-payroll-management-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Material Fact: Ita\u00fa Wins The Bidding Process Promoted By Minas Gerais For Payroll Management Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire S\u00c3O PAULO, July 16, 2021 \/PRNewswire\/ — ITA\u00da UNIBANCO HOLDING S.A. (“Ita\u00fa Unibanco”) announces to its stockholders that it won as of today, July 16, 2021, the bidding process promoted by the State of Minas Gerais, as it has presented the best financial proposal for the rendering of payroll management services, for five years, to state public servants (active, retirees and pensioners), and to companies that are suppliers of the State, totaling a monthly amount of approximately R$ 4.8 billion (“operation”). The proposal establishes a payment in cash of R$ 2.4 billion for payroll management. This payment will be recorded as “Intangible” and recognized in the statement of income on a deferred basis. 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