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Private company

Banco Safra

Brazilian financial services company

Banco Safra is a Brazilian financial services company headquartered in São Paulo. It is the seventh largest banking institution in Brazil and the nineteenth largest in Latin America. It provides services in investment banking, private banking, asset management and retail banking through its neobank AgZero.2 It was founded by Aslan Safronchik.1 It is part of Safra Group.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1955Founded1
  • Industryfinancial services1
  • HeadquartersSão Paulo1
  • Websitewww.safra.com.br
  • Legal formSociedade Anônima3
  • LEIOWKQKLHXA6FSY7WZIY023
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressAV PAULISTA 2100, 01310-930 Sao Paulo, Brazil3
  • Registered withBrazilian Internal Revenue Service, 58.160.789/0001-283

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Banco Safra
Photo: Arthur Jacob, CC BY-SA 3.0, via Wikimedia Commons5

Banco Safra is a Brazilian financial services company headquartered in São Paulo. It is the seventh largest banking institution in Brazil and the nineteenth largest in Latin America. It provides services in investment banking, private banking, asset management and retail banking through its neobank AgZero. The bank is part of the financial holding company Safra Group.2

Corporate structure

Banco Safra is part of a group headed by Safra Group. 18 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Safra Group São Paulo
    • Banco Safra Sao Paulo, Brazil
      • BANCO J. SAFRA S.A Subsidiary · 100% · Sao Paulo, Brazil
        • ALDEBARAN GLOBAL STRATEGY FUND LTD. Fund · Sao Paulo, Brazil
        • SAFRA GLOBAL TRADER FUND LTD. Fund · São Paulo, Brazil
      • SAFRA ASSET CORRETORA DE TITULOS E VALORES MOBILIARIOS S.A. Subsidiary · Bela Vista, Brazil
        • MANAGER JSS PRIVATE INVESTMENTS FUNDS II FIF CLASSE DE INV MULTIMERCADO CRÉDITO PRIV RESP LIMITADA Fund · Bela Vista, Brazil
        • MANAGER JSS SUSTAINABLE EQUITY GLOBAL THEMATIC FIF CLASSE DE INV MULTIMERCADO RESP LIMITADA Fund · Sao Paulo, Brazil
        • SAFRA EXPLORER PLUS MASTER FUNDO DE INVEST FINANCEIRO CLASSE DE INV MULTIMERCADO RESP LIMITADA Fund · Sao Paulo, Brazil
        • SAFRA JS ESTRATÉGIA V FUNDO DE INV FINANCEIRO CLASSE DE INV MULTI INV NO EXTERIOR RESP LIMITADA Fund · Bela Vista, Brazil
      • SAFRA CORRETORA DE VALORES E CAMBIO LTDA Subsidiary · Sao Paulo, Brazil
      • SAFRA CREDITO, FINANCIAMENTO E INVESTIMENTO S.A. Subsidiary · Sao Paulo, Brazil
    • Chiquita Brands International Subsidiary · 50% · Trenton, New Jersey, United States
      • Chiquita Brands International (United States) Subsidiary · United States
    • Saxo Bank A/S Subsidiary · Hellerup, Denmark
      • Saxo Bank A/S Subsidiary · 100% · Hellerup, Denmark
      • SAXO CAPITAL MARKETS UK LTD Subsidiary · London, United Kingdom
      • SAXO BANK A/S Branch · Hellerup, Denmark

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Founded by Aslan Safronchik in 1955.1

The Syrian Safra family's history in banking originated with caravan trade between Aleppo, Alexandria and Istanbul during the Ottoman Empire. With the collapse of the Ottoman Empire after the First World War the Safras moved to Beirut. The Safras decided to move to Brazil in 1952. In the 1960s, Joseph Safra and his father, Jacob Safra, founded Banco Safra, S.A. Most of the Brazilian Sephardic Syrian Jewish community established themselves as retail or wholesale merchants. After having established many financial institutions in Lebanon's capital, Beirut in the 1950s, the Safras set up a small specialized bank which originated letters of credit between Sephardic importers and major banks. From this base they grew via the acquisition and opening of new branches.

In 2012 Joseph Safra purchased the remaining shares of Banco Safra, Safra National Bank of New York and Banque Safra-Luxembourg S.A. from his brother, Moise Safra.

From Wikipedia’s article on Banco Safra, shared under CC BY-SA 4.0.4

Leadership

Who has led Banco Safra, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • financial services

Listed on Wikidata.1

A full-service commercial bank, Banco Safra S. A. operates in all areas of the financial sector. Through its major Brazilian subsidiaries, Safra Leasing, Safra Seguros S. A., Safra Distribuidora de Títulos e Valores Mobiliários and Safra Corretora de Valores e Câmbio Ltda., the bank's activities extend beyond traditional lending operations to leasing, securities underwriting, investment fund management, stock brokerage and insurance operations. The bank is also active in trade finance, asset management and treasury operations.

From Wikipedia’s article on Banco Safra, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

Owners

  • Joseph Safra

From Wikidata.1

Timeline

  1. 1955Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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