Sasson Dayan & family

Early Life

Sasson Dayan was born in Lebanon on April 1, 1940, into a Jewish family. He began his professional journey in the 1950s, working at Casa Bancária Salim A. Dayan, a bank established by his father. This early exposure laid the groundwork for his future endeavors in the financial sector.

Rise to Success

In the 1950s, Dayan immigrated to Brazil, where he would establish his career. In 1958, alongside his brother Ibrahim Dayan, he co-founded the stock brokerage Daycoval DTVM Ltda. This venture marked his initial foray into the Brazilian financial market. In 1970, the Dayan brothers expanded their business by founding Valco Corretora de Valores Ltda. A pivotal moment arrived in 1989 when they received government approval to convert Daycoval DTVM Ltda into Banco Daycoval. The bank specialized in providing loans to medium-sized companies, a market segment that was previously underserved.

Key Business Strategies

Banco Daycoval's success is rooted in its strategic focus on lending to small and medium-sized enterprises (SMEs) in Brazil. This targeted approach allowed the bank to fill a crucial gap in the market, contributing to its growth and establishing a strong presence in the Brazilian financial landscape. The Dayan family maintains primary control of Banco Daycoval, which has helped with the bank's long-term stability.

Philanthropy

The Dayan family is involved in philanthropy. The Dayan family dedicated Hadassah's new Immunotherapy Cancer Laboratory.