Alfa Bank is a Brazilian
commercial bank based in
São Paulo. The bank's president is
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 Nove ...
.
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
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1925 establishments in Brazil
Banks established in 1925
Banks of Brazil
Companies formerly listed on B3 (stock exchange)
2022 mergers and acquisitions