Banco Pan, is a Brazilian midsize commercial bank headquartered in São Paulo.

The bank primarily focuses on granting consumer loans to individuals in lower to medium income brackets.

The bank had continued to account for credit portfolios that had been sold to other financial institutions, thus falsifying assets.

The businessman did not receive any compensation, as BTG Pactual and Caixa Economica Federal assumed all the accumulated debt.

[4] Currently headquartered in São Paulo, Banco Pan is one of the largest midsize banks in Brazil.