Aloysio de Andrade Faria
Encyclopedia
Aloysio de Andrade Faria (born 1921 in Belo Horizonte
in the state of Minas Gerais) is a Brazil
ian banker. He is one of Forbes Magazine's "World's Richest People."
A physician
by training, Faria entered early the financial business. In 1949 he succeeded his father, Clemente de Faria at the direction of the Banco da Lavoura, and transformed it into one of the most successful Brazilian bank
s, the Banco Real
, which was later partly sold to the Netherlands
-based ABN AMRO
. It is now one of the five largest banks in Brazil. Faria remained in the area, by using the money to found still another bank, the Banco Alfa, already one of the ten largest and most successful banks in the country.
Belo Horizonte
Belo Horizonte is the capital of and largest city in the state of Minas Gerais, located in the southeastern region of Brazil. It is the third largest metropolitan area in the country...
in the state of Minas Gerais) is a 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...
ian banker. He is one of Forbes Magazine's "World's Richest People."
A physician
Physician
A physician is a health care provider who practices the profession of medicine, which is concerned with promoting, maintaining or restoring human health through the study, diagnosis, and treatment of disease, injury and other physical and mental impairments...
by training, Faria entered early the financial business. In 1949 he succeeded his father, Clemente de Faria at the direction of the Banco da Lavoura, and transformed it into one of the most successful Brazilian bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s, the Banco Real
Banco Real
Banco Real was a Brazilian bank, owned by Spain's Banco Santander. ABN AMRO had owned the bank but in October 2007, a consortium led by Royal Bank of Scotland that also included Banco Santander and Belgium's Fortis, acquired ABN AMRO and proceeded to dismember it...
, which was later partly sold to the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
-based ABN AMRO
ABN AMRO
ABN AMRO Bank N.V. is a Dutch state-owned bank with headquarters in Amsterdam. It was re-established, in its current form, in 2009 following the acquisition and break up of ABN AMRO Group by a banking consortium consisting of Royal Bank of Scotland Group, Santander and Fortis...
. It is now one of the five largest banks in Brazil. Faria remained in the area, by using the money to found still another bank, the Banco Alfa, already one of the ten largest and most successful banks in the country.