INSUBCONTINENT EXCLUSIVE:
The son of banking mogul Joseph Safra has built a thriving operation with 18 strategically placed offices across Brazil.These regional hubs
employ 85 professionals and seven superintendents who maintain direct client relationships
Carlos Miguel Costa, ASA Empresas Executive Superintendent, leads the corporate banking division.Costa brought over 16 years of experience
Management aims to reach between R$4 billion ($667 million) and R$5 billion ($833 million) by December 2025
The firm targets companies with annual revenues starting at R$100 million ($17 million).The ASA financial ecosystem operates primarily as a
However, Safra understood the importance of physical presence in key markets
(Photo Internet reproduction)All staff work as formal employees rather than banking correspondents
Investments, which has evolved into a diversified financial institution
The company now encompasses corporate banking, wealth management, private banking, and asset management divisions.ASA Expands Its Financial
It achieved an impressive 318% of CDI benchmark returns that year.Safra continued his expansion in February 2025 by launching ASA Asset
Management Switzerland in Geneva
This move established an international footprint for the growing financial group.The company currently operates as a Direct Credit Society
under Brazilian Central Bank regulations
It now seeks transformation into a finance company
environment, Costa views current conditions as an opportunity
