Finance

Safra Pays $2 Billion Dividend to Its Owners Ahead of Tax Hike

A Safra bank branch in the financial district of Sao Paulo. — A Safra bank branch in the financial district of Sao Paulo.
Photographer: Victor Moriyama/Bloomberg

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By Pui Gwen Yeung, Matheus Piovesana, Cristiane Lucchesi, and Filipe Pacheco

March 6, 2026 at 6:55 PM UTC

Banco Safra SA paid 11 billion reais ($2 billion) in dividends and interest to the owners of its parent company in 2025, ahead of higher taxes that will kick in this year.

Leia em português.