Alfa Bank (Brazil)
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Alfa Bank (Brazil)
Alfa Bank is a Brazilian commercial bank based in São Paulo. The bank's president is Aloysio de Andrade Faria. History The bank dates to 1925, when it was founded as Banco da Lavoura de Minas Gerais Banco da Lavoura de Minas Gerais (Labor Bank of Minas Gerais) was a Brazilian bank, founded in 1925. On March 1, 1971 the bank moved its head office from Belo Horizonte to São Paulo and assumed its current name Banco Real S.A. History Clemente de ..., whose name was changed in 1972 to Banco Real. In 1998 its controlling interest was sold to ABN AMRO. The financial companies that weren't sold became Alfa Financial Conglomerate, which later merged with Alfa Bank. The company was acquired in November 2022 by Banco Safra. References External links *http://www.alfanet.com.br/default.aspx?pagid=ELNCONUM&menuid=570 {{bank-stub 1925 establishments in Brazil Banks established in 1925 Banks of Brazil Companies formerly listed on B3 (stock exchange) 2022 mergers and acquisit ...
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São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo (Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macrometr ...
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São Paulo (state)
São Paulo () is one of the Federative units of Brazil, 26 states of the Brazil, Federative Republic of Brazil and is named after Paul of Tarsus, Saint Paul of Tarsus. A major industrial complex, the state has 21.9% of the Brazilian population and is responsible for 33.9% of Brazil's GDP. São Paulo also has the List of Brazilian federative units by Human Development Index, second-highest Human Development Index (HDI) and GDP per capita, the List of Brazilian states by infant mortality, fourth-lowest infant mortality rate, the List of Brazilian states by life expectancy, third-highest life expectancy, and the List of Brazilian states by literacy rate, third-lowest rate of illiteracy among the federative units of Brazil. São Paulo alone is wealthier than Argentina, Uruguay, Paraguay, and Bolivia combined. São Paulo is also the world's twenty-eighth-most populous Administrative division, sub-national entity and the most populous sub-national entity in the Americas. With more than 4 ...
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Aloysio De Andrade Faria
Aloysio de Andrade Faria (9 November 1920 – 15 September 2020) was a Brazilian banker and billionaire. At the time of his death he was noted as being one of the world's oldest billionaires. Early life Aloysio de Andrade Faria was born in November 1920 in Belo Horizonte, Minas Gerais, Brazil. Career A pediatrician by training, Faria shared his medical interest with the financial business sponsored by his father. In 1949 he succeeded his father, Clemente de Faria at the direction of the Banco da Lavoura, transforming it into one of the most successful Brazilian banks, Banco Real, which in late 20th century, sold all its local and international assets to the Netherlands-based ABN AMRO Bank, but keeping other companies from the Real Group, such as Seguros Real (insurance) and Real Leasing Co. Faria, who had two daughters married, did not retire from the financial market and re-invested by incorporating a new personal and investment bank in New York, the Alfa Bank, which is one ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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São Paulo (city)
São Paulo (, ; Portuguese for 'Saint Paul') is the List of largest cities in Brazil, most populous city in Brazil, and is the capital of the São Paulo (state), state of São Paulo, the List of Brazilian states by population, most populous and List of Brazilian federative units by gross domestic product, wealthiest Brazilian state, located in the country's Southeast Region, Brazil, Southeast Region. Listed by the Globalization and World Cities Research Network, GaWC as an global city, alpha global city, São Paulo is the List of cities in the Americas by population, most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the List of cities proper by population, world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese language, Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors Paul the Apostl ...
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Banco Da Lavoura De Minas Gerais
Banco da Lavoura de Minas Gerais (Labor Bank of Minas Gerais) was a Brazilian bank, founded in 1925. On March 1, 1971 the bank moved its head office from Belo Horizonte to São Paulo and assumed its current name Banco Real S.A. History Clemente de Faria founded Banco da Lavoura de Minas Gerais in Belo Horizonte, Minas Gerais state, on 16 June 1925. At that time, Brazil was going through a period of economic readjustment that held back economic development and particularly, industrial production, which had been expanding strongly since 1922. It was in the middle of this scenario of economic uncertainty that the lawyer Clemente de Faria - then 34 years old and quite popular as a result of a one-term mandate as state congressman - started a co-operative. The co-operative's objective was to offer credit to farmers in Minas Gerais, thus allowing them access to financial resources that would, in turn, give them the opportunity to develop their activities. Business at the co-operative gre ...
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Banco Real
{{Infobox company , name = Banco Real , logo = Banco Real.svg , trade_name = Banco ABN Amro Real S.A. , type = S.A. , predecessor = Banco da Lavoura , founded = {{Start date, 1971, 03, 01, df=y in São Paulo, Brazil , founder = Aloysio de Andrade Faria , defunct = {{End date, 2010, 11, 04, df=y , fate = Acquired by Santander Brasil , successor = Santander Brasil , hq_location = São Paulo, Brazil , area_served = Whole of Brazil , key_people = Fabio Barbosa (CEO) , products = Bank services , production_year = , brands = , services = , revenue = {{increase R$ 14.7 billion , revenue_year = 2007 , net_income = {{increase R$ 1.6 billion , net_income_year = 2007 , assets = {{increase R$ 90.2 billion , assets_year = 2007 , num_employees = 33,202 , num_employees_year = 2008 , parent = {{Plainlist, * Conglomerado Alfa (1971–1998) * ABN AMRO (1998–2007) * Santander Group (2007–2010) , website = {{URL, http://www.real.com.br/{{Dead link, date=Septem ...
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ABN AMRO
ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizations * ABN Andhra Jyothi, a Telugu language news channel based in India * Agri Broadcast Network, an Ohio-based agricultural radio news network * ABN (TV station), the Australian Broadcasting Corporation's Sydney TV station * ABNXcess, the sole cable television operator in Malaysia * Asahi Broadcasting Nagano, a TV station in Nagano Prefecture, Japan * Asia Business News a now-defunct business news channel * Agencia Bolivariana de Noticias, the national news agency of Venezuela * Avivamiento Broadcasting Network, a religious local TV station in Bogotá, Colombia * AMCARA Broadcasting Network, an Philippine-based broadcast company in Quezon City, Philippines Other organizations * Alaska Board of Nursing, the regional board of nurses in t ...
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Banco Safra
Banco Safra is a Brazilian financial services company headquartered in São Paulo, Brazil. 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. History The 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 speciali ...
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1925 Establishments In Brazil
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * '' Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipk ...
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Banks Established In 1925
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Brazil
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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