MADRID, October 4, 2019 (Press Release)
The International Tennis Federation (ITF) and Kosmos Tennis have announced a sponsorship agreement with Bank J. Safra Sarasin. The global Swiss-based bank with headquarters in Basel will become an Official Partner and the Official Private Bank of the 2019 Davis Cup by Rakuten Madrid Finals, which will be held at Madrid’s Caja Mágica on 18-24 November, as well as the 2020 Davis Cup by Rakuten Qualifiers.
With previous experience in other top-level tennis competitions, Bank J. Safra Sarasin joins the list of international sponsors of the Davis Cup by Rakuten Finals. Its support for the 2020 Qualifiers reflects the importance and visibility of this new stage of the competition.
Mr. Jacob J. Safra, Chairman of J. Safra Holdings International and Vice Chairman of J. Safra Sarasin Group: “We look very much forward to the collaboration with Kosmos Tennis and the International Tennis Federation to enable and present the new format of the Davis Cup. It is a privilege for Bank J. Safra Sarasin to join distinguished partners and sponsors in supporting this top-class sports event with such a great heritage.”
David Haggerty, President of the International Tennis Federation: “We are delighted to welcome J. Safra Sarasin as an Official Davis Cup Partner for the Finals and Qualifiers. The upcoming Davis Cup by Rakuten Finals will provide a thrilling end to the 2019 season and we are proud that premium partners like J. Safra Sarasin are joining us on this journey.”
Javier Alonso, CEO of Kosmos Tennis: “It is a great pleasure for us to announce this agreement with Bank J. Safra Sarasin and thereby welcome such a prestigious financial institution to become part of the competition. This support increases the reputation of the event internationally and we hope that the synergies of this partnership will be enormously positive for all.”
Tickets on sale now
Tickets for the Davis Cup by Rakuten Madrid Finals, which will be held from November 18 to 24 at Caja Mágica in Madrid, are already on sale at www.daviscupfinals.com. Tickets can be purchased starting at 25 euros, with special rates for children.
The 18 teams competing for the chance to become world champion and obtain the Davis Cup trophy are Argentina, Australia, Belgium, Canada, Chile, Colombia, Croatia, France, Germany, Great Britain, Italy, Japan, Kazakhstan, the Netherlands, Russia, Serbia, Spain and the United States.
The Davis Cup by Rakuten Finals begin with a group phase – Monday through Thursday – with the teams divided into six groups of three, where all will face each other. The top of each group and the two best runners up – based on the number of games, sets and matches won – will qualify for the quarterfinals. The champion will be crowned after the end of the eliminatory phase from Thursday to Sunday.
J. Safra Sarasin Group – Sustainable Swiss Private Banking since 1841
The J. Safra Group (the “Group”), with total assets under management of over USD 242 billion and aggregate stockholders equity of USD 19.3 billion, is controlled by the Joseph Safra family. The Group consists of privately owned banks under the Safra name and investment holdings in asset based business sectors such as real estate and agribusiness. The Group’s banking interests in over 160 locations globally, are: J. Safra Sarasin, headquartered in Basel, Switzerland; Banco Safra, headquartered in Sao Paulo, Brazil; and Safra National Bank of New York, headquartered in New York City, all independent from one another from a consolidated supervision standpoint. The Group’s real estate holdings consist of more than 200 premier commercial, residential, retail and farmland properties worldwide, such as New York City’s 660 Madison Avenue office complex and London’s iconic Gherkin Building. Its investments in other sectors include, among others, agribusiness holdings in Brazil and Chiquita Brands International Inc. With deep relationships in markets worldwide, the Group is able to greatly enhance the value of businesses which are part of it. There are more than 33,000 employees associated with the J. Safra Group.