Banco Alfa

{{Short description|Brazilian commercial bank}} {{multiple issues| {{no footnotes|date=November 2013}} {{one source|date=November 2013}} {{primary sources|date=November 2013}} }} {{Infobox company | name = Banco Alfa | image = Bancoalfa.JPG | traded_as = | founded = {{Start date and age|1925}} | num_employees = 501 - 1000 | industry = Bank | hq_location_city = São Paulo, São Paulo | hq_location_country = Brazil | key_people = Aloysio de Andrade Faria (President) }} '''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, 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.<ref>{{Cite news|url=https://www.reuters.com/markets/deals/brazils-banco-safra-buys-alfa-financial-conglomerate-192-mln-2022-11-24/|title=Brazil's Banco Safra buys Alfa financial conglomerate for $192 mln|work=Reuters|access-date=2022-11-29|language=en-US}}</ref>

==References== {{reflist|1}}

==External links==

{{Portal|Banks}} *http://www.alfanet.com.br/default.aspx?pagid=ELNCONUM&menuid=570 Category:1925 establishments in Brazil Category:Banks established in 1925 Category:Banks of Brazil Category:Companies formerly listed on B3 (stock exchange) Category:2022 mergers and acquisitions