Safra National Bank of New York
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1982 |
| Headquarters | New York City , United States |
Area served | United States, Brazil, Chile, Mexico, Panama, Argentina, Uruguay |
| Parent | J. Safra Group |
Safra National Bank of New York operates as a private American financial institution headquartered in New York City. It specializes in delivering investment banking, private banking, and asset management services to affluent individuals, corporate clients, family offices, and experienced investors both domestically and internationally.
History
As a member of the J. Safra Group, Safra National Bank of New York is affiliated with other privately held banks such as Banco Safra S.A and J. Safra Sarasin. These entities function autonomously and collectively maintain a presence through more than 170 branches worldwide. The Group’s portfolio extends beyond banking to include investments in asset-driven sectors like real estate—owning upwards of 200 high-profile commercial, retail, and agricultural properties across the globe, including New York’s 660 Madison Avenue and London’s renowned Gherkin Building—as well as agribusiness, highlighted by its involvement with Chiquita Bananas.
Safra National Bank’s main office is located in New York City, with additional branches situated in Aventura and Palm Beach, Florida. It also operates representative offices in Brazil, Chile, Mexico, and Panama. Through its affiliates, the bank caters to clients in regions such as Argentina and Uruguay.
The bank offers an extensive range of private banking services and financial products designed for discerning individuals and institutional clients. These include deposit and checking accounts, credit card services, various credit and lending solutions, commercial real estate loans, wire transfer capabilities, foreign currency accounts and payment processing, along with custody and safekeeping services for investment assets.
The institution’s motto reflects its philosophy: "If you choose to sail upon the seas of banking, build your bank as you would your boat, with the strength to sail safely through any storm." (Jacob Safra)