Exhibit 8.1
List of Subsidiaries
Country of incorporation | Percentage of voting interest at December 31, 2008 | ||||
Afinco Américas Madeira, SGPS, Soc. Unipessoal Ltda. | Portugal | 100% | |||
Banco Fiat S.A. | Brazil | 99.99% | |||
Banco Itaú Argentina S.A. (1) | Argentina | 100% | |||
Banco Itaú BBA S.A. (2) | Brazil | 99.99% | |||
Banco Itaú Chile S.A. (3) | Chile | 99.99% | |||
Banco Itaú Europa Luxembourg S.A. (4) | Luxembourg | 99.98% | |||
Banco Itaú Europa S.A. (4) | Portugal | 99.99% | |||
Banco Itaú Uruguay S.A. (3) | Uruguay | 100% | |||
Banco ItauBank S.A. (5) | Brazil | 100% | |||
Banco Itaucard S.A. | Brazil | 99.99% | |||
Banco Itaucred Financiamentos S.A. | Brazil | 99.99% | |||
Banco Itauleasing S.A. | Brazil | 100% | |||
Cia Itaú de Capitalização | Brazil | 99.99% | |||
FAI - Financeira Americanas Itaú S.A. Crédito, Financiamento e Investimento | Brazil | 50.00% | |||
Fiat Administradora de Consórcios Ltda. | Brazil | 99.99% | |||
Financeira Itaú CBD S.A. Crédito, Financiamento e Investimento | Brazil | 50.00% | |||
Itaú Administradora de Consórcios Ltda. | Brazil | 99.99% | |||
Itaú Bank, Ltd. | Cayman Islands | 100% | |||
Itaú Corretora de Valores S.A. | Brazil | 99.99% | |||
Itaú Seguros S.A. | Brazil | 100% | |||
Itaú Unibanco S.A. (6) | Brazil | 98.67% | |||
Itaú Vida e Previdência S.A. | Brazil | 99.99% | |||
Itaubank Leasing S.A. Arrendamento Mercantil | Brazil | 99.99% | |||
Itaúsa Export S.A. (4) | Brazil | 100% | |||
Oca Casa Financiera S.A. (3) | Uruguay | 100% | |||
Orbitall Serviços e Processamento de Informações Comerciais S.A. | Brazil | 99.99% |
(1) New denomination of Banco Itaú Buen Ayre S.A..
(2) The interest changed as compared to December 31, 2007 and 2006 from 74.49% to 99.99%, as result of the purchase from HE Participações S.A. on December 2008 of 50% of the voting capital of Itaú-BBA Participações S.A., which held 51% of voting capital and 25.50% of total capital of Itaú BBA S.A. (See Note 3.c)
(3) Consolidated since its acquisition in April 2007.
(4) On November 2008 Itaú Unibanco acquired from Itaúsa, its then controlling stockholders, a controlling interest in Itaúsa Export S.A. and its subsidiaries. As further described in Note 3.b the transaction has been accounted for as a transaction between entities under common control resulting in Itaúsa Export S.A. and its subsidiaries being combined in these financial statements since January 1, 2006.
(5) Consolidated since its acquisition on August 30, 2006.
(6) New denomination of Banco Itaú S.A. As further described in Note 3.b shares of Itaú Unibanco S.A. were issued to Itaúsa on November 2008 as part of the purchase price for acquisition of a controlling interest in Itaúsa Export S.A. and its subsidiaries. As result, voting interest of Itaú Unibanco in Itaú Unibanco S.A. that was previously of 100% was reduced to 98.67%.