Banco Daycoval Brazilian lender Banco Daycoval focuses on serving corporate clients such as small- and medium-sized enterprises. In 2006, it entered the retail lending segment, providing vehicle financing and loans to mid- and low-income consumers. The bank also provides a range of insurance products, including life, health, car and risk insurance. Daycoval operates a network of 31 branches throughout 18 states in Brazil. It was founded in 1989 and is based in São Paulo, Brazil.