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1918 — CGD developed general banking operations. 1924 — CGD acquired Banco Financial Português in Brazil. 1969 — CGD, a public service subject to the state's administrative rules, became a state-owned company. 1974 – CGD acquired a 5% stake in Banco Itaú when Itaú acquired Banco Português do Brasil, founded in 1918.
CGD hosts about 200 public and private events a year that draw more than 7,000 participants. [47] Events have featured speakers such as U.S. Secretary of State Hillary Clinton , President of Nigeria Goodluck Jonathan , economist Paul Romer , UK Secretary of State for International Development Andrew Mitchell , among many others.