BRB, a mixed-capital company, whose majority shareholder is the Government of the Federal District, was created on December 10, 1964 obtaining, from the Central Bank of Brazil, authorization to operate on July 12, 1966. its creation was intended to provide the Federal District with a financial agent that would make it possible to raise funds necessary for the development of the region.
In 1986, its name was changed to Banco Regional de Brasília S.A. to Banco de Brasília S.A., the acronym BRB remaining.
In 1991, it became a multiple-service bank with the following portfolios: Commercial, Foreign Exchange, Development and Real Estate. As affiliated companies, BRB - Distribuidora de Títulos e Valores Mobiliários, BRB - Crédito, Financiamento e Investimento and Corretora Seguros BRB are part of the financial conglomerate. There is a 45% shareholding in the card company - Cartão BRB S.A. and 3.5% as founding partner of Companhia Brasileira de Securitização - CIBRASEC.In September 2019, an agreement between Banco de Brasília and Cielo in the area of ??acquiring cards, guaranteed an initiative that complements the portfolio of products offered by the institution to entrepreneurs in the Federal District and region.In January 2020, Banco de Brasília was the bank that granted the most mortgage loans in the Federal District, according to a ranking published by the Brazilian Association of Real Estate Credit and Savings Entities .In July 2020, Banco de Brasília became Flamengo's master sponsor for a period of three years, after BS2 terminated the contract with the club from Rio de Janeiro, with a minimum value of BRL 32 million per year, but with the possibility of have increased revenue through the exploration of businesses provided for in the agreement involving fans, image and corporate business with the club.
In December 2021, BRB aquired the naming rights to the Estádio Mané Garrincha, renaming it to Arena BRB until 2024.On 13 May 2022, BRB signed an agreement with construction firm Terracap to transfer ownership of the Autódromo Internacional Nelson Piquet. The deal also meant that BRB was now responsible for the reburbishing and restructuring of the circuit.
