Safra Group
International network of companies controlled by the Safra family

The J. Safra Group is a conglomerate comprising an international network of companies controlled by the Vicky Safra family, comprising banking and financial institutions and industrial operations. It is present in the United States, Europe, the Middle East, Latin America, Asia and the Caribbean.
History
In the early nineteenth century, Safra Frères et Cie., the family's first financial institution, was founded in the Ottoman Empire in Aleppo, Syria. Further economic expansions prompted the family to open new branches in Beirut, followed by Istanbul and Alexandria. In the early 1900s, Beirut was chosen as headquarters of the newly founded Bank Jacob Safra. Following the end of World War II, Jacob Safra expanded the new banking activities toward Europe and later to Latin America and the United States.
In 1953, the Safra family moved to Brazil, establishing Banco Safra in 1972.
In May 2011, it purchased 20% of the pulp and paper company Eco Brasil Florestas for R$160 million. In November 2011, it bought 46% of Swiss bank Sarasin for US$1.13 billion. In 2012, the J. Safra Group came to hold all of Sarasin's shares after making an offer to acquire stakes from minority shareholders.
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Named sources, stable identifiers and responsible institutions provide the strongest route from overview to verifiable evidence. The source revision retrieved here is dated Aug 13, 2026. The linked authority identifier is Q7398834. None of the 1 selected statements returned an explicit reference. The first chronological checks are 1953, 1972, 2011 and 2012.
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This entry incorporates text from “Safra Group” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.