Moises Safra
Encyclopedia
Moises Safra is a Brazilian businessman, founder of Banco Safra
Banco Safra
Banco Safra is a Brazilian and international bank, ranking tenth among the country’s largest sector financial institutions in terms of total assets. The Bank is part of the larger Safra Group of banks and financial institutions.-Operations:...



Moises was born into a wealthy Jewish banking family in Aleppo
Aleppo
Aleppo is the largest city in Syria and the capital of Aleppo Governorate, the most populous Syrian governorate. With an official population of 2,301,570 , expanding to over 2.5 million in the metropolitan area, it is also one of the largest cities in the Levant...

, Syria
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....

. The family's history in banking originated with caravan trade between Aleppo, Alexandria
Alexandria
Alexandria is the second-largest city of Egypt, with a population of 4.1 million, extending about along the coast of the Mediterranean Sea in the north central part of the country; it is also the largest city lying directly on the Mediterranean coast. It is Egypt's largest seaport, serving...

 and Constantinople during the Ottoman Empire. The family relocated to Beirut
Beirut
Beirut is the capital and largest city of Lebanon, with a population ranging from 1 million to more than 2 million . Located on a peninsula at the midpoint of Lebanon's Mediterranean coastline, it serves as the country's largest and main seaport, and also forms the Beirut Metropolitan...

 after the first world war and as Beirut was home to an already thriving Jewish community. Eventually, the Safras decided to move to Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

 in 1952. In 1955, Moises's 23-year-old brother, Edmond Safra, and his father, Jacob Safra, started working in Brazil by financing letters of credit for trade in São Paulo.

He established himself in Brazil where he acquired citizenship and founded Banco Safra
Banco Safra
Banco Safra is a Brazilian and international bank, ranking tenth among the country’s largest sector financial institutions in terms of total assets. The Bank is part of the larger Safra Group of banks and financial institutions.-Operations:...

 with his brothers Edmond Safra
Edmond Safra
Edmond J. Safra was a Jewish Brazilian-naturalized, Lebanese banker who continued the family tradition of banking in Lebanon, Brazil and Switzerland. He married Lily Watkins. He died in a fire that attracted wide media interest and was judicially determined to be due to arson.-Life of Edmond...

 and Joseph Safra
Joseph Safra
Joseph Safra currently runs the Brazilian banking and investment empire, Safra Group. As the chairman of all Safra companies, among them Safra National Bank of New York and the large Banco Safra headquartered in São Paulo, Brazil, he is ranked at 68 with a net wealth of 11.4$ billion on Forbes...

.

See also

  • Safra Group
    Safra Group
    The Safra Group is an international network of privately held companies controlled by the Safra family, comprising a banking and financial institutions conglomerate, industrial operations and telecommunications. It is present in the US, Europe, the Middle East, Latin America and the Caribbean.The...

  • Safra National Bank of New York
    Safra National Bank of New York
    Safra National Bank of New York is a full-service commercial banking institution engaged in international banking operations, as well as domestic business activities emphasizing short and intermediate term financing for business ventures in industry and trade...

  • Bank Jacob Safra Switzerland
    Bank Jacob Safra Switzerland
    Bank Jacob Safra AG is a full-service commercial banking institution headquartered in Geneva, Switzerland. It is also present in Zurich, Lugano, Gibraltar, and Monaco...

  • Joseph Safra
    Joseph Safra
    Joseph Safra currently runs the Brazilian banking and investment empire, Safra Group. As the chairman of all Safra companies, among them Safra National Bank of New York and the large Banco Safra headquartered in São Paulo, Brazil, he is ranked at 68 with a net wealth of 11.4$ billion on Forbes...

  • Edmond Safra
    Edmond Safra
    Edmond J. Safra was a Jewish Brazilian-naturalized, Lebanese banker who continued the family tradition of banking in Lebanon, Brazil and Switzerland. He married Lily Watkins. He died in a fire that attracted wide media interest and was judicially determined to be due to arson.-Life of Edmond...

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