Ricardo Guimarãe from BMG bank – Honored by Belo Horizontel’s City Hall for his distinguished works

Ricardo Guimarães, ex-President from BMG Bank, received on April 18th, 2011 a Merit diploma from Belo Horizonte’s City Hall; DINO published. Guimarães is son of Flávio Pentagna Guimarães and grandson of the BMG bank founder, Antônio Mourão Guimarães. He started working for the family business since 1980, and attained a Bachelor’s Degree from UNA University in Business.

Ricardo Guimarães, originally from Belo Horizonte, is a prestigious and respected leader from Brazil by leading his family business with excellency. Being passionate for soccer, he was President of Atletico de Mineiro, where he discovered that it was a great way to promote his brand, BMG bank. Given the wide broadcast of soccer in Brazil, he became successful in sports marketing, giving sponsorship to several teams and players.

The ceremony was initiated by Léo Bourgeois de Castro, which mentioned the effective work that Guimarães did for Atletico Mineiro when he was president from 2001 to 2006; and also stated that he received the Grand Collar award from the Legislative Merit in 2004. Fred Costa, also mentioned how Guimarães succeeded as a businessman, working with loyalty and ethic, and supporting different sports in Brazil like soccer, tennis and volleyball.
Fred Costa stated that BMG bank was the “national sports patrons” since, Ricardo Guimarães in 2010 created the Soccer BR1, which was dedicated to invest in soccer athletes. Through Soccer BR1, he was able to invest around $20 million in different players that are now able to play in diverse soccer teams from Brazil.

Alberto Pinto Coelho, the deputy governor, honored the entire family because of their commitment to support and promote different sports in Brazil. He also mentioned that Ricardo Guimarães has been an example for the society. The House chairman proceeded to read the diploma and handed, with the help of Daniel Nepomuceno, it to Ricardo Guimarães; while Fred Costa handed him a plate in his honor. Guimarães gave thanks to everyone, and mentioned that it has been an honor to have continued his grandfather’s legacy by being from of BMG.

The ceremony was attended by: Secretary of State of Government, Danilo de Castro; President of the Legislative Assembly of Minas Gerais (ALMG), Mr Dinis Pinheiro (PSDB); Congressman Wellington Prado (PT); the Municipal Secretary of Finance, José Afonso da Silva Bicalho Beltrao, represented Mayor Márcio Lacerda (PSB); the state representative Luzia Ferreira; Luiz Otavio “Ziza” Valadares; State Representative Savio Souza Cruz (PMDB); Judge Jose Marcos Rodrigues Vieira; Deputy CEO of the National School of Magistrates (ENM), Judge Jose Nepomuceno da Silva, which represented the Association of Brazilian Magistrates; Flávio Guimarães Pentagna, Ricardo’s son Flávio Guimarães Neto Pentagna and also Angela Guimarães.

BMG Brazil Domination

BMG was initially established in 1930 as a family ran a business for the Guimaraes family as Banco de Credito Predial S.A a commercial bank that operated by offering individuals and institutions loans. BGM is famed for being the leading lender of finance when it comes to the financing of heavy and light vehicles. It does this by offering financial loans especially to employed people which has helped in the creation of its brand. BGM used to offer wholesale and consumer financing but after the 1990s it changed its strategy by starting offering the financing of heavy and light vehicles and it has never looked back.

BGM has become a giant in the ever growing Brazilian economy. A growing economy always requires the assistance of banking sector for expansion and growth. BGM has not disappointed in this role as under the leadership of its CEO Mr. Ricardo Guimaraes it as only prospered. Consequently, it boasts a large number of client bases and is one of the leading banks in Brazil.

Growth of BMG is not something that has happened overnight. Its growth is attributed to patience and investing in strategies after thoroughly researching on them. The organization under the able leadership of Mr. Guimaraes has strategized in the following areas:

The organization has put measures in place that ensures that it still maintains the trust of the public hence maintaining its credit rating. The ability to maintain its credit rating ensures that it can invest in acquiring assets without losing its credit quality.

BMG has also borrowed heavily from other financial institution to finance its projects. The borrowing has helped create a strong brand and also helped it in its expansion strategies, especially in micro and small and small company segments. It has also successfully expanded its basic service to become a major financial provider in Brazil.

Investing in new products like “BDMG Acredita” meaning BDMG believes which aimed at supporting small and medium scale an enterprise is one of the major milestones that has led to its expansion. The ease of getting the loan especially through the internet made BMG a major hit in Brazil. The flexibility of collaborating with other organizations can also be credited with the creation of the new products hence attracting it to more customers.

Investing in offering credit by having correspondents have worked perfectly for BMG. Currently, BGM is offering more than 250 register entities which it offers credit solution hence living up to its strategy. It has built an image positioning and communication that has enhanced its brand as the major financial solutions provider. Having an interactive website that comes in both Portuguese and English has worked greatly to its advantage. It is, therefore, safe to say that BMG has captured the Brazil’s financial market.

AB InBev May Be Trying To Curb Craft Beer Distribution According To Brazilian Banker Ricardo Guimarães

Brazilians love beer. In fact, people around the world love beer. Brazilian Banker Ricardo Guimarães is a beer investor as well as a banker and international businessman. Guimarães pays attention to changes in U.S. industries that might have an impact on his investments. Mr. Guimarães is also soccer association executive and a soccer sponsor. Ricardo has changed the way banks promote their products in Brazil. When BMG Bank, the Guimarães family’s bank, started to sponsor the Minas Gerais soccer club several years ago, other banks in Brazil didn’t think sponsorships would work. Some bankers said it was a waste of money, and others said it was a poor plan that would only produce limited results.

But Guimarães proved the other bankers wrong. The BMG Bank sponsorship program was a money maker. BMG is now the largest sponsor of soccer in the country, and the bank has become a major profit maker thanks to the support of soccer fans. When Guimarães heard that Anheuser-Bush was introducing an incentive for United States beer distributors, he want to know more about the plan. The AB InBev incentive gives distributors a reward if they promote Anheuser-Bush owned craft beer breweries. Distributors that participate will be reimbursed for marketing and retail displays. That could return a lot of money to distributors bank accounts. that

The AB InBev plan was introduced in January of 2016, and so far just one distributor has signed an agreement. That distributor is a St Louis distributor that has a long standing relationship with Anheuser-Bush. But other beer distributors are not sure the plan is legal. To some people, like Guimarães, the plan sounds like a kick-back and that can create enormous issues for the Anheuser-Bush and the distributor. According to Anheuser-Bush, the fact that the company owns craft beer brands gives them the right to reward distributors by reimbursing 50 percent of their cost to market and display AB InBev products.

The Department of Justice may not agree with Anheuser-Bush. Several craft breweries complained about the plan, and the DOJ is looking into those complaints. It could take months before the Department of Justice gives a ruling on the AB InBev plan, and that’s not good news for AB. AB InBev products have been losing market share for the last two years, even though the company has several craft beer labels in their product assortment.

But the consumer will ultimately decide whether AB InBev products can compete with local breweries that produce beer that has more flavor, better packaging and doesn’t come from an old established brewery that wants to control the beer market. Young beer drinkers will continue to buy craft beer because it helps small business and puts a middle finger in the face of profit-hungry big businesses that work for investors not consumers.

You can like Ricardo Guimarães on Facebook.

Marcio Alaor BMG: Investing in People

Marcio Alaor is a member of the executive team of the BMG Group of Banco BMG, which is a major sponsor of Brazilian football. BMG prints uniforms for 39 clubs with the logo appearing on the chest, back and shirtsleeves. BMG also sponsors three basketball teams, three men’s volleyball teams, two female volleyball teams, the gymnast Jade Barbosa and Vitor Belfort a mixed martial artist.Arcio Alaor was born in Santo Antonio and now resides in Rio de Janeiro. He is the Vice-President and Director of BMG Bank and is also one of the top managers. The BMG bank has a long tradition of being aligned with the top banks of Brazil including all of Latin America. Arcio Alaor equates this to proper management and understanding that people come first, this includes the many services provided to both businesses and individuals. Services include investments, loans, credit cards, deposits, and insurance, all designed for helping people make managing their finances with ease and efficiency. When banking with BMG, businesses and individuals will have opportunities needed to meet all of their financial needs.

Beneficial services offered for private individuals is a priority of BMG bank. Credit cards for the individual is a high priority offering short term financing with lows rates enabling headache free purchasing. As with anyone, these credit cards are best serve in emergencies. The credit card has become one of the most important services of BMG Bank offered to the public.

Arcio Alaor has made individual investments a service of high importance for the people as well as for businesses. With BMG investment services, people have access to top rated advisers who hold the clients interest first above all by offering a variety of investment opportunities such as stocks, bonds, mutual funds and other investment opportunities for building a solid retirement. These investment services also provides for financial emergencies people need without being heavily penalized for partial withdraws. Investments opportunities can be designed for short term or long term financial security.

Loans and deposits are another service Arcio Alaor offers through the BMG bank that is very valuable. With loans, people can finance big ticket items such as homes and vehicles. They will be able to get financing with easy payments at affordable rates. These deposits make it safe and easy for people to place money in secure accounts efficiently for future use.

Ricardo Guimarães Has Earned Great Honors

Long term businessman, former president of Banco BMG, and civic leader, Ricardo Guimarães, was formally awarded the Town Hall honors degree in 2011. The president of the House, Léo Bourgeois de Castro, gave a speech in which he detailed all the great work done by his colleague. Mr. Guimarães is Flávio Guimarães Pentagna’s son and Antônio Mourão Guimarães’s grandson. His grandfather had founded the bank.

Daniel Nepomuceno conducted the rest of the event, describing in detail the wonderful work Ricardo Guimarães as done as president of Clube Atlético Mineiro for several years and he mentioned Mr. Guimarães’ award of the Grand Collar of Legislative Merit, given to him in 2004. As the award was received by Mr. Guimarães, the Deputy Governor, Alberto Pinto Coelho, expressed what a well deserved award it was for one of the country’s most important family who showed with their financial backing just how committed they were to helping develop the nation’s soccer teams. The ceremony was well attended by business and government officials. “The work of Ricardo Guimarães has the seal of commitment and citizenship. It is an example for our society,” said Mr. Pinto Coelho.

Mr. Guimarães joined in with his family’s business as a lowly office assistant in 1980. He next graduated from UNA with a Business Administration degree. He rose through the ranks, working his way to the top, until he took over as the CEO of Banco BMG in 1998. His low interest payday loans fueled enormous growth for the company, until today when it is a top leader in the field. His love of business and soccer are genuine, and it shows through, such as when he became the owner and manager of the Atletico Mineiro, sporting club. He also invests in individual players, sometimes from rival teams and points out this is proof of his bank’s impartiality. Either way, the brand name is supported handsomely by the BMG logo on the players’ uniforms.

The Ricardo Soccer BR1 investment fund was started by Mr. Guimarães in 2010 to give more support to the nation’s soccer players. The fund is directly regulated by the CVM (Brazilian Securities Commission), and it is the first fund of its kind in Brazil. His bank has invested in several athletes in different clubs, to the tune of $20 million. Not only has this been a Public Relations (PR) boon for the bank, they are managing this very special PR in a way that at least always breaks even. Ricardo Guimarães is amazing at never ever allowing himself, and thus banco BMG, to lose money. Read more about this award and Mr. Guimarães at Shots Well Aimed and Ricardo Guimarães Receives Honorary Degree.

BMG Bank President Ricardo Guimarães Has Invested Millions In Brazilian Soccer And His Bank Has Reaped The Rewards

The government of Brazil has been on a quest to revamp the social status of the country for the last seven years. President Dilma Rousseff and her administration of Working Party loyalists have pulled millions of people up from poverty and made them middle-class. The economy in Brazil in 2009 was strong enough to create jobs for these people, and Brazil’s export business with China and other countries seemed like it was never going to end. But it did end, and so did Rousseff popularity with the newly-created middle-class.
The banks in Brazil decided to market consignment credit to the new middle-class, and that financial move gave Brazilians a chance to finance homes and automobiles for the first time ever. But when commodity prices and oil prices dropped jobs were lost, and Brazilian banks were left with bad loans and deteriorating bottom line profits. Banks stopped lending money unless the borrowers had more than enough collateral to cover the loans and the central bank raise interest rates to an extraordinary level. The Brazilian middle class was caught in a financial trap and so was the government.
But one banker decided to market his loan product using football, and his marketing plan has been successful. That banker is Ricardo Guimarães, and his loan product is called payroll loans. There are 60 other banks in Brazil that offer payroll loans to consumers, but none of those banks do it better than the Guimarães team at BMG Bank. In fact, the football fans in Brazil associate payroll loans with BMG Bank and the bank’s market share has skyrocketed, according to an R7.com piece.
Ricardo Guimarães is not only a hometown hero according to CMBH.mg.gov.br. He is also a sports fanatic that not only invests in football clubs he has also been president of one of them as well as Chairman of the football association that watches over the league. Guimarães was recently honored by the city of Belo Horizonte for his leadership role in sports as well as his banking skills.
Guimarães also takes an active role in the consignment credit industry. His bank has more than an 18 percent market share in that industry. BMG Bank is a very profitable bank even with high-interest rates and inflation running at 10 percent a year. Ricardo believes that football has made his bank a household name in Brazil. The bank’s orange BMG logo can be seen on the jerseys of the Atletico- GO, Coritiba, America- MG, Cruzeiro, Atlético- MG, Flamengo, Sao Paulo and Vasco clubs every time they play a match, according to Esporte.ig.com.br. The middle-class may be struggling in Brazil, but they still love football, and they also love BMG Bank and Guimarães for their role in the game.

Executive Of BMG Talks About Automobile Stock Exchange

Marcio Alaor is the executive at BMG bank. He is one of leading executives at one of the leading banks in the world. He works endlessly to ensure that the bank is successful and the customers of the bank are satisfied with what they are getting out of a bank. He does so because he truly cares about the bank’s relationships with its customers. He is able to provide the customers with excellent experience as well as education on what they can do within the bank as well as the stock exchange market.

The auto industry is one that has been around for hundreds of years, but it has been recently gained popularity on the stock exchange market. It has done so because many people have chosen to begin trading on the market. The investors who have started this trend are more interested in the capital they can earn than they are in the different things that can happen as a result. Due to the large recall numbers, the auto industry has a lot of scandal this is constantly surrounding it. This is a result of the industry being responsible for many people dying in car accidents and the likes.

One of the first companies to go public on the stock exchange was General Motors. This was over 100 years ago and it has continued to dominate the scene of the stock exchange. As a result of the stock exchange, Ford motor company began to increase their profits and eventually made their debut on the stock market scene. While these two are among the top motor companies in the country where stocks are concerned, they are not the top in the world and actually come in towards last in the world, especially compared to luxury brands.

In the article for Exame magazine, Alaor discusses the various factors that take a company to a corporation. The company must first go through many steps and must do so in a certain amount of time. They must be able to prove they will make money in order to get an IPO. The IPO is something that will greatly help the company and will give the people who support the company the opportunity to buy into it and help to make it a corporation. This ensures that the company will get as much money as possible and will continue to grow as big as it can get.


The vice president of BMG has been honored by his local community in a ceremony that marked the opening of a food court named after him. He also had a plate named after him in the local town square .Mr. Marcio Alaor is a native of the city and worked as a shoe shiner in his younger days. He rose from these humble beginnings to become a respected national figure in business. It was an event befitting the return of a true son of the soil home.
The event itself was held at the exhibition of the food court. Most local politicians and municipal leaders were represented. Among them was Wilmar Son the town mayor, Luís Antônio Resende a local community elder and the president of the Rural Union Vilmar Octavian.All these leaders spoke at the packed event and all paid glowing tribute to this local hero.
Luís Antônio Resende was categorical that were it not for his personality and humility; the place would not have been built. He praised his desire to help the local community despite not looking for political favors. The town mayor Mr. Wilmar Son was also categorical that the society had been provided with a fishing boat instead of a fish. He said naming the place after he was synonymous with the effect it was going to have on the local economy. It is going to serve as a market for their goods.Mr. Vilmar while engraving the plate just buttered him even more. All this points to all the things he has had to fight to reach where he is.
When he spoke, he reminisced about his past as a shoe shine boy and how he overcame all that to become a senior banker in a nation of nearly 200 million people. He thanked the community for the love they have shown him and the various speakers for the love. He also commended his family and friends for the tremendous role they have played and praised their love as his inspiration. He acknowledged he indeed loved the city and planned to continue enjoying it.He advised anyone with the ability to uplift the other to do their due diligence.
All this happened at the 33rd edition of the agricultural show of the Santa Antonio do Monte .It is an important occasion for the city whose main stay is agriculture. It was recently named as the biggest producer of milk in the central regions of Minas. The area continues to have an innovative and hardworking population led by the likes of Marcio Alaor.He is an inspiration to many local people. Banco BMG is the biggest provider of consigned credit in Brazil.

The Success Of BMG And Contributions Of Marcio Alaor Towards The Bank’s Growth

The Pentagna Guimaraes family are credited for the establishment of BMG bank in Brazil in 1930.The bank’s previous focus was consumer and wholesale funding. In addition, BMG was a leader in funding light and heavy automobiles. However, the bank shifted its focus and currently concentrates its resources on offering payroll loans to pensioners belonging to the Brazilian Social Security System, civil servants, and retirees.

The bank is popular for its capacity to offer credit facilities to individuals, corporations or companies. Its experience in the banking industry has been gathered for a period of eighty years. Consequently, giving BMG bank a strong foundation on which it has built its success. Its unification with Itau Unibanco S.A in an aim to promote, and circulate payroll loans in Brazil led to Banco Itau BMG Consignado S.A, which is the name of the joint venture.

This joint venture ignited several merits towards BMG. Consequently, the bank was in a position to put more emphasis on other key products of the bank that include Funding for used automobiles, BMG Empresas, and Payroll Credit Card.

In previous times, the bank has been privileged to engage in activity with high-end credit clientele. This is credited to the bank’s conservative credit strategy, which is safeguarded by the credit committee. This committee is responsible for making all key decisions regarding the bank’s credit ventures or plans. It consists of people who are accountable, efficient and intelligent to facilitate in making decisive decisions.

The bank takes value of its human resources, who are the employees of the bank. It uses a team working spirit to build synergy teams at the bank who are able to handle, and solve problems in the bank effectively. Each employee’s talent is focused towards benefiting the team they represent thus, leading to better customer service and bank operations.

Through its concrete management practices, the BMG bank has managed to make a huge milestone in its operations. Marcio Alaor is part of the management teams in the bank working as the Vice president. He boasts of a business administration degree from Instituto Metadista Benett and a post-graduate degree. His academic background has facilitated various contributions in the Board of Executive for the bank since 2008.

Marcio Alaor’s human nature has been observed in his home town of San Antonio. The town people together with the local leaders inaugurated a square in the town in honor of his name. This was a token of appreciation for his numerous philanthropic donations, and contribution towards development of the town.