Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes _______ No ___X____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes _______ No ___X____
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes _______ No ___X____
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
BANCO SANTANDER (BRASIL) S.A.
Authorized Public Company
Taxpayer’s ID (“CNPJ”): 90.400.888/0001-42
Company Registry (“NIRE”): 35.3.00332067
MATERIAL FACT
BANCO SANTANDER (BRASIL) S.A. (B3: SANB11) (“Santander Brasil”) herby announces to its shareholders and to the market in general that, on this date, it entered into binding agreements with HDI Seguros S.A. (“HDI”) for the formation of a partnership focused on the underwriting, offering and commercialization of auto insurance policies, through the creation of a new insurance company – Santander Auto, to be held in the proportion of fifty percent (50%) by SANCAP Investimentos e Participações, a company controlled by Santander Brasil, and fifty percent (50%) by HDI.
This transaction reaffirms the confidence of both Santander Brasil, leader in the auto finance market in Brazil and HDI, the sixth largest auto insurer in the Country in the recovery of the Brazilian economic activity, as well as of the automotive industry.
Santander Auto will underwrite, offer and commercialize auto insurance through a 100% digital platform, setting new standards for services in the insurance market and offering its clients a simpler way for hiring and using auto insurance.
The closing of the transaction shall be subject to the fulfillment of certain conditions, including obtaining the applicable regulatory approvals.
Santander Brasil shall maintain its shareholders and the market informed regarding new facts related to this subject.
São Paulo, December 20, 2017.
Angel Santodomingo
Investor Relations Officer
Banco Santander (Brasil) S.A. | ||
By: |
/S/ Amancio Acurcio Gouveia
|
|
Amancio Acurcio Gouveia Officer Without Specific Designation |
||
By: |
/S/ Angel Santodomingo Martell
|
|
Angel Santodomingo Martell Vice - President Executive Officer |