Marcio Alaor: Most Entrepreneurial Towns in Brazil


Posted by LLJ43 | Posted in Banks, BMG | Posted on 15-02-2016

In December, Endeavor Magazine released an index of the most entrepreneurial towns in Brazil. Marcio Alaor of BMG, notes that the index studied 32 cities in all areas of the country to highlight the most developed cities for business boom based on fifty five unique indexes.

The report highlights that it is vital for the towns to improve and provide good growing conditions for entrepreneurs. Marcio Alaor of BMG notes that the range of cities surveyed by the index increased by an extra than fifty percent since its first released version in 2014 and includes comments with guidelines for improvement opportunities with model cities to pattern development. Both the cities analyzed and big organizations can profit from being mentioned in the Endeavor index which can inspire some companies to open new branches or form new strategic partnerships. Additionally, Marcio Alaor notes that the index compares the strengths and challenges of each city based upon the following seven pillars: regulatory, access to capital, business creativity, infrastructure, human resources and entrepreneurial lifestyle.

First place – The top ranked town is São Paulo, this city has the largest population in the country and is the headquarters of many huge businesses. Marcio Alaor notes that “São Paulo accounts fore more than 60% of all new capital investments within Brazil” and that the city “ranks well in human capital.”

Second place – Florianopolis is the most innovative city according to the report. This city has a lot of doctors in teachers.

Third place – Victory is a well balanced city between the pillars and ranks second in the pillar of human resources or human capital.

Fourth place – In Recife, the benefits of human resources is evidenced by having the largest proportion of people in technical training and very low tax rates for corporations.

Fifth place – Campinas is home to Viracopos airport which is the the countries biggest airport and a load center that could become the largest in Latin America. This city is ranked fourth in infrastructure.

Marcio Alaor of Banco BMG shows that Endeavor Magazine has, by publishing the index, interest in inspiring the cities which were studied to enhance their business environment and help foster economic growth. The research document, explains Marcio Alaor of BMG, is split into 4 parts, particularly: overall ranking of the greatest cities to start a business in Brazil, pillar rating, ranking by region and best cities by international standards.

Marcio Alaor is the executive vice chairman of Banco BMG, the chief provider of consumer loans and payroll loans in Brazil. Alaor was born within the town of Santo Antonio do Monte and these days is considered one of the finest Brazilian businessmen inside the finance sector.

Marcio Alaor Discusses New Airline Business Venture


Posted by LLJ43 | Posted in Banks, BMG | Posted on 10-02-2016

David Neelman, a man widely regarded as one of the most innovative entrepreneurs in the aviation industry, has effectively completed one of his biggest accomplishments this year. The executive of Banco BMG, Marcio Alaor, announced on June 11th that Neelman had recently purchased the TAP (transportes aeries portuguses) airline. Alaor went on to explain that investment negotiations had been taking place between David Neelmen and Humberto Pedrosa, the owner of the Barraqueiro investment group. The two businessmen developed a new investment group, which they used to purchase the majority percentage of the TAP airline. Marcia Alaor made remarks about the purchase and its impact on the Portuguese government and economy.

Neelman further expressed his elation that the company was now owned by his financial group and explained the new direction that he wished to take the company in. He announced that the newly re-developed airline’s target model would be emphasizing a low cost model for consumers who wished to find the cheapest flights. He explained that the new brand for TAP airline would target both consumers who were seeking the best deal on their flights for their money and customers who did not mind paying higher prices for a better quality of flying. The business model was developed to suit the needs of every individual customer.

The owner of the Blue, in addition to the company in Brazil, has also set up two companies in the United States. These airlines are newly developed and are called Morris Air and JetBlue. Neelman and his associates have also developed a new airline in Canada called WestJet. David Neeleman has American and Dutch origins, but was born in Brazil in Sao Paulo in October 1959. Mario Alaor revealed that Neelman moved to the United States at the age of five. The BMG executive further elaborated on the early life of Neelman, expressing that Neelman, though he is considered an expert in the aviation field, was a bit of a slacker during his school years and, in fact, hated to study. The businessman suffered through years of failing grades and was later diagnosed with Attention Deficit Disorder, or ADD.
Alaor relayed that the attention deficit disorder was a major hinderance to the future businessman and entrepreneur because of the fact that he disliked taking medication for the disorder due to the negative side effects and therefore rarely took it. According to statements of the businessman, David Neeleman, who actually suffers from the disorder, even after reaching a certain level of success in business, people who struggle with the disorder still experience a feeling of dissatisfaction and hopelessness. Neelman gives hope, however, to any person who may suffer from this learning disorder or any other learning disorder that perseverance will lead to success despite obstacles.

Follow Marcio Alaor on Twitter.

The Success Story Of Marcio Alaor, The Vice President Of BMG Bank In Brazil


Posted by LLJ43 | Posted in Banks, BMG | Posted on 04-02-2016

BMG is one of the top banks in Brazil, and it has worked to remain the best by hiring top quality people to run the company. Marcio Alaor is one of the best executive personnel working with the bank. Starting from grass, Alaor has made his way up striving for excellence in all the banking aspects.
He started as a show shiner at a time when Dr. Wilmar was the head of the bank, and he took the motivation from him to become the best of the banking world. Dr. Wilmar inspired him to always strive for excellence and this played a crucial role in elevating him from a shoe shiner to a top bank executive. His drive to succeed remained in him even after attaining the high position, and this has made him contribute towards many successful projects.
Marcio Alaor is the vice president and director of BMG bank where he has played a huge part towards the success of the bank. He has a degree in business administration from the Instituto Metadista Benett which helped him to facilitate many contributions as a board member in the bank executives. His management skills have been crucial for the success of the BMG making it one of the top banks in Brazil. He contributed to the sponsorship of Brazilian football with BMG bank, where a total of 39 clubs bears the banks sponsorship due to his efforts as an executive of the bank. Apart from football teams, the sponsorship also extends to volleyball and basketball teams for both men and women.
Alaor was born in Santo Antonio, a Brazilian citizen who now resides in Rio. He is known to have both strong entrepreneurship and investment skills. His position at the bank has made him contribute greatly towards the growth of rural and economic system of his home town. As a result, there have been many activities done to honor him in his home town. For example the 33rd agricultural show in Santo Antonio focused mostly on the life of Marcio Alaor, where there were exhibition of a food court that was named after him. This was done so as to appreciate his numerous charitable aids towards the development of the town.
His biography also includes many accomplishments he has made in his years of service. He is known to be a generous man who gives importance to friendship and people over money. He is known to use his financial ability and proficiency in informing the Brazilian citizens concerning the world financial market. His acquaintance of international financial market and a devotion to help the economic staple of his nation has made Marcio a well respected man all over the world.

BMG Bank President Ricardo Guimarães Said Brazil’s Deficit In 2015 Is The Worst in Fifteen Years


Posted by LLJ43 | Posted in Banks, BMG | Posted on 03-02-2016

Last year, Brazil had a R$ 111.249 billion deficit. That figure represents more than 1.8 percent of Brazil’s economy. In 2014, the deficit was less than that figure, but it was still a big number. BMG Bank President Ricardo Guimarães recently told Portal.Communique that the Chinese economic debacle is the main reason for the deficit. Brazil depended on China’s import needs and those needs are much less than they were three years ago.

The Chinese have a major economic growth issue on their hands and the rest of the world is suffering along with them. Stock markets around the world got off to a disappointing start, and some investors like Guimarães say 2016 will not be a good year for stock investors.

Mr. Guimarães is closely watching the yuan to dollar exchange. He believes that the yuan will be devalued in 2016, and that will not help Brazil unless the government decided to dabble in the exchange market and do a short-sale on the yuan. The chances of that happening are slim, according to Guimarães, but the government is on the verge of injecting $15 billion into the economy to help businesses and middle-class Brazilians.

Ricardo Guimarães and BMG Bank have been helping middle-class Brazilians for years. published an article about the Guimarães family and how the family accumulated their wealth. It all started with Antonio Guimarães. Antonio was a mining entrepreneur that made an incredible amount of money in the mining business. He opened the Land Credit Bank of Minas Gerais in 1930 to help miners. His son Flavio expanded the bank while he was president, and he changed the name to the Bank of Minas Gerais or BMG Bank. In 1998, Ricardo took over after learning the banking business position by position.

Ricardo worked for the bank for ten years after graduating with a business degree in 1988. In 1998, he was named president of the bank. It took Ricardo a couple of years to get the bank in a position to advertise, but when President Luis de Silva decided to expand the middle-class by easing banking regulations, Guimarães saw an opportunity.

An article published by explains how Ricardo used soccer to promote bank products. BMG Bank sponsored one soccer club, the Atlético Mineiro Club, first, and then the bank expanded the sponsorship program to seven other clubs. The article also notes that Guimarães was president of the Atlético Mineiro Club from 2001 to 2006, so Ricardo learned the inner workings of a soccer club before the bank expanded their sponsorship program.

Soccer fans call BMG Bank agents when they need money. In fact, fans call BMG Bank before they call the big banks because soccer fans stick together in Brazil.

How Will Ricardo Guimarães Bring Two Banks Together?


Posted by LLJ43 | Posted in BMG, Business | Posted on 30-01-2016

Ricardo Guimarães is the scion of the family that owns and operates BMG Bank of Brazil. Their company started as a small bank in a rural area, but it has grown to serve many people in the nation of Brazil. BMG Bank is involved in international investment, loans and other activities that help the country grow. Growth in Brazil has brought in many different banks from around the world, and BMG must fight against these banks for marketshare. A new merger will help BMG survive with a greater marketshare, and this article explains how Ricardo put it together.

#1: Ricardo Wants To Merge With Itau Bank?

Itau Bank is another moderately-sized bank in Brazil that is in need of a merger. Itau brings its own set of customers to the merger, and Ricardo believes that the companies must come together to remain strong. Ricardo is willing to step aside and offer control to some of the members of Itau Bank, and he hopes that the merger will keep both banks going strong.

#2: What Is The New Product Offering?

The new product offering from BMG and Itau is one that focuses on payroll financing. Payroll loans are wonderful products that serve businesses and individuals. A business may day out a payroll loan to keep their payroll on track, but an individual may take out a payroll loan to get extra cash. There is an appeal across Brazil for all these products, and both banks believe they can make the country solvent by helping smaller businesses and citizens.

#3: What Are They Giving Up?

Both companies are giving up larger loans that they believe are a bit too risky. Payment on large loans has not been faithful over the years, and the Dino Blog notes that the companies would prefer to work with loans that are much smaller in scale. The two banks will make up for large numbers with volume, and the two banks will have quite an easy time creating new loans every day. This is a necessary national service that helps people have cash on-hand all the time.

There are several reasons why BMG and Itau must merge, but it took the wisdom of Ricardo Guimarães to bring the two banks together. The companies will have an opportunity to retain staff, and each company will create more customers with help from more welcoming loan products. Everyone who needs extra capital in Brazil may turn to this partnership between Itau and BMG. The larger banks that have moved into the country are taking away customers, but BMG and Itau plan to take those customers back by putting aside their pride to work together on a new payroll loan program.

Unmasking Marcio Alaor


Posted by LLJ43 | Posted in Banks, BMG, Business | Posted on 16-01-2016

It was during the 33rd Agricultural Exhibition of Santo Antonio do Monte, known as Expose Samonte that opened the Food Court Marcio Alaor de Araújo in honour of the BMG executive of the same name that is a private financial institution with more than 85 years of experience in the financial market. The award emphasized the services of Marcio Alaor to his hometown, professional growth achieved through a lot of hard work, and the ever-present support of the city’s residents, who instigated the research and achieved their professional and personal goals, but without losing their roots and their origins. Dr. Wilmar Father, Marcio’s doctor, and his former friend, was largely responsible for bringing out Marcio Alaor’s potential that produced the great man we know today.


When Marcio was still a child, Wilmar sent clean shoes every week for him to shine. When she was asked, she said the boy needed to make some money, but that work was important if he was to achieve what he wanted in life and this is probably why Marcio did it. From shoe shining to becoming one of the BMG bank executives, Marcio Alaor followed the teachings of his mentor Dr. Wilmar and always sought to study, grow, learn and strived to climb to the top. He is now vice president of Banco BMG, one of the largest financial institutions in Brazil, consolidating its position as one of the greatest Brazilian businessmen in the finance sector.


In acknowledgment of his service to the BMG organization, he got a plaque praising his work and relationship with everybody around the local area, regard for the client’s problems, particularly since he became vice president and love for the company property. The president of the Rural Union, Vilmar Octavian, added that Marcio Alaor had constantly done and kept on accomplishing new heights for the firm. Many people agree that Marcio is of key significance to the firm and is directly responsible for helping farmers around Santo Antonio do Monte.


Marcio Alaor says that for him, life is not a resume the purchasing power because valuing great friendships is crucial so as not to lose a bit of our essence. He also highlights how much he is grateful to all the accolades the company receives from the public. As an economist, he is of the opinion that the company is bound to grow despite the financial crunch that hit the world a few years ago.


Article as found on

BMG Bank Is A Leader In Brazil’s Consignment Credit Industry


Posted by LLJ43 | Posted in Banks, BMG | Posted on 27-11-2015

When a Brazilian bank is brought up in conversation, the first bank name discussed is not Banco do Brazil or one of the other firmly entrenched banks in the Brazilian fiancé industry. The first bank that comes up in any conversation about consignment credit is BMG Bank. People that are not familiar with Brazil don’t know much about BMG Bank, but that’s a miss on their part. BMG Bank is a very profitable bank in Brazil right behind Banco do Brazil and a leader in the consignment credit industry.
The reason BMG Bank got so strong in the consignment credit industry is the bank uses conservative banking methods. BMG Bank was first known as Minas Gerais Bank when the Guimarães family started the bank in 1930. It was a local bank, and it steadily grew because of its conservative banking methods. When President Ricardo Guimarães became President of the bank more than 70 years later, he saw a need for a banking product that the newly formed middle-class could use. Banks were lending money to the middle-class in 2010, and consignment credit was the vehicle the bank’s used to secure the loans.
BMG Bank came up with their own product and the bank called it payroll loans. Payroll loans give employed Brazilians the opportunity to use their income as collateral for the loan. The bank gives borrowers reasonable terms and a lower interest rate. Payroll loans and other consignment loans accounted for more than $R23 billion in loans for BMG Bank and that gives the bank an 18 percent market share. The total value of all consignment loans in Brazil is more than $R130 billion. BMG Bank President Ricardo Guimarães believes the bank’s market share will continue to increase in 2016 because most of the middle class hasn’t used the product.
Ricardo Guimarães says there are several factors to consider when it comes to increasing the bank’s consignment credit market share, and his bank understands all those factors. BMG Bank has a committee in place that approves all loans and that committee weighs all the information before it gives a final approval. One important thing to consider going forward, according to Guimarães, is the unemployment rate. The unemployment rate is trending upward, and if the economy doesn’t bounce back soon, the unemployment rate will increase among the middle-class.
Guimarães is also concerned about inflation, but he believes the new government budget will get inflation under control in 2016. The projected rate of inflation in 2016 is 6.6 percent. That is almost 4 percent better than the current inflation rate. There are always challenges according to Guimarães, but he thinks his bank is in a great position to increase market share and profit using his consignment credit strategy.

Brief Overviews By Ricardo Guimaraes On Financial Credit And Inflation Impact


Posted by LLJ43 | Posted in Banks, BMG | Posted on 24-11-2015

For some developed timeframe, inflation was seen to shape different parts in financial organizations making the rate of credit presentation to go up. As indicated by Ricardo Guimaraes, individual credit business sector is the one that has been expanding most in the business sector and regardless of the national development; exploitation is almost to its climax. According to BMG Bank CEO & President Ricardo Guimarães all that is required now is astounding access to the universal capital business sector, and that is the thing that the BMG precisely does. BMG is constantly mindful to concentrate and target new chances. What’s more, social intercession as likewise had greater influence in different parts of the world. It is constantly great to work vigorously and in BMG, there has been a group of committed and qualified individuals at the ground that guarantees everything goes as organized.
As Ricardo Guimaraes place it in the meeting, the overall budgetary emergency provoked a civil argument about the nature and ampleness of cash related regulations, and whether national banks should consider unequivocally financial strength objectives in the conduct of monetary mechanisms. A run of the mill conflict to support this point of view is that the very achievement of expense quality may be joined with an extended peril of cash related dubiousness. That is by influencing an excess of confident suppositions about future financial prospects, or by extending motivators that expect more hazard, low and stable rates of development.
All that is required now is magnificent access to the general capital business part, and that is the thing that BMG precisely does. The bank normally just works with the general populations who have psyche boggling portfolios. This makes them grow in the money related field, and it’s a significant reason they might remain in the sector for more than 80 years, truly changing into an extraordinary business. This accomplishment of the bank has been accomplished because of the gigantic and expert Association of Ricardo Guimarães to have directed the bank to be among the essential and prominent banks in Brazil. Quantifiable strategies can get clients ready for changing markets and keep their organizations from being overwhelmed in light of contention. That includes collecting and breaking down data about their business fragments.

Ricardo played a significant role in increasing the bank’s reputation. He aalso ctivelly invests in different sport events.
Understanding your customers’ business behavior is one of the parts that can’t be forgotten. Without this understanding it turns out to be difficult to get more customers especially in the current world of tough competition. As an unreservedly worked assistant of ING, BMG is the fundamental bank on the planet to focus just on liquidity and information organization answers for multinationals. You can perform basic points of interest by entrusting your overall liquidity organization techniques to BMG.



Posted by LLJ43 | Posted in Banks, BMG | Posted on 18-11-2015

BMG bank is an international group of banks serving many nations in the world. BMG bank in Brazil or “Banco Brazil” as the locals call it, is lead by CEO and President Ricardo Guimaraes.
During a recent interview, President Ricardo talked about some of the successes the bank has been able to achieve. During his tenure, the lending credit rate of Brazil was 23% of the country’s gross domestic product in 2004. However in 2010 the lending credit rate grew to 47% of the gross domestic product.
He also noted that in 2004 the consigned credit market was 6 billion dollars for 20% of the personal credit for the country. While in the year 2010 the consigned credit market was 85 billion dollars that was 60% of personal credit of the bank system.
BMG bank total credit portfolio was 2.4 billion dollars as at December 2004. In 2010 December, the credit portfolio of BMG bank reached more than 14.5 billion dollars. The equity for the year 2004 ending December was 325 million dollars. The equity as at 2010 December was 1.4 billion dollars.
President Ricardo accredits the good performance of the bank due to a dedicated team of ethical, diligent and hardworking professionals. BMG also puts a lot of energy in the consigned credit markets. This market is the cheapest kind credit in the market because it is not fully exploited yet, its demand has only 50% taken care of while the rest of the market is up for grabs. Currently, the bank is leading in this product and its operations and supplies 18% of the market out of an impressive 60 banks.
BMG bank has over 3000 points of sale and has more than 50000 agents operating in various municipalities within Brazil. The Return of Equity was above 25% per year since Ricardo was president.
The bank has also enjoyed international profits dues to its bonds offers. It has also had diverse business portfolios like it acquired GE money, a company for loans, debt consolidation and insurance. It also merged with a local television station so they can show the various talents the youth of Brazil have, especially in soccer.
BMG bank is also involved in Corporate Social Responsibilities such teaching the community about culture and education in other programs. It also helps the community in health and entertainment issues.