Category Archives: BMG

An MBA Degree Is A Necessity In Corporate America According To Brazilian Bank President Ricardo Guimarães

Corporate America has changed in the last thirty years. Corporations are looking for well-educated employees that can solve complex issues and keep a cool head while they do it. Ricardo Guimarães knows a lot about corporate America even though he lives in Brazil.

Mr. Guimarães has kept up with changes in his country as well as the events that have reshaped the American corporate scene. Guimarães has been instrumental in changing the way banks advertise in Brazil, and that feat has made him one of the most respected people in the banking industry as well as in the Brazilian soccer association.

Ricardo Guimarães was the first bank executive to become president of a soccer club, and the first bank president to turn a medium size bank into one of the most profitable banks in his country. Ricardo Guimarães never went to a top business school in the states, but he has done a great deal of research on them and he came to the conclusion that an MBA degree is a necessity now, and there are ten top schools that award degrees to extremely qualified applicants.

The first school on the Forbes list of top schools is Stanford Graduate School of Business. Stanford isn’t cheap. Students pay well above the average to attend classes. Stanford rejects 93 percent of the students that apply.

Harvard Business School is well known for its MBA graduates. Students pay Harvard $139,000 a year to attend classes. That tuition figure is well above the average cost of $110,000 a year. The Booth School of Business is another top school. Tuition runs more than the average a year, and 76 percent of the applicants don’t qualify. The Wharton School is one of the most expensive schools on the list. But the good news is the GMAT test score is a little lower than other schools.

The Haas School of Business tuition is right on the average, but 87 percent of the people that apply don’t study there. Tuck School of Business charges the same tuition as Wharton for a diploma, but 78 percent of the applicants don’t get in to Tuck. Yale School of Management is another school that requires a lower GMAT score. Tuition at Yale are a little above average, but the test scores can hold applicants back.

Kellogg School of Management’s tuition is above the average cost per year, and so is Columbia Business School, but the test score qualification is lower at Columbia. The Leonard N Stern School of Business tuition is well above the average. Almost 90 percent of the people that take the test aren’t accepted even though the GMAT score requirement is only lower than the other schools.

Comparative Analysis of Marcio Alaor and David Neelman

Marcio Alaor was found in recent days giving a message with regard to the aviation businessman David Neelman. In this message, Alaor conveyed a sense of pride in the achievement of Neelman. Neelman’s accomplishments as a businessman and entrepreneur bear great resemblance to the Marcio Alaor’s own success, but also bears stark differences. This article will address these differences.
Marcio Alaor has improved upon and lead his company for several years. His financial group, the BMG bank was founded by his grandfather years before Alaor was born. The group had small beginnings and grew organically, and has remained in the control of a family member since its inception. Marcio Alaor’s business success differs from the success of David Neelman mainly due to the preparation each man received with relation to their future companies. As the heir to a family business, Marcio Alaor knew from an early age that when he reached maturity, he would be expected to take a leadership position in his family’s financial group. With that expectation in mind, he gradually prepared himself for the position by becoming employed with a financial group at an early age in order to “learn the ropes” and become adequately prepared to be an executive in the company. Upon maturity, Alaor earned the leadership position in his family’s business.
David Neelman, in contrast to Marcio Alaor, had no intentions of becoming the leader of a business when he first decided to venture into the world of the traveling industry. After taking a job with an traveling airline company, Neelman gained knowledge about consumer practices and relationships that few groomed executives will ever receive. As a former employee of the type of business he eventually launched himself, he was able to clearly view and respond to the needs and desires of his passengers. Later, after years of working directly with airline passengers, Neelman began to develop companies and tools that catered specifically to the airline passengers in a way that had not been done before. This caused his airline company to flourish and prosper rapidly. Because he was not specifically groomed for leadership in the way Alaor was, he may not have been as thoroughly prepared to lead from an executive’s point of view, but his advantage came through his expert knowledge of the travel industry in general, as well as his knowledge and skill of detecting consumer needs. Though these businessmen came from different backgrounds and embraced different goals, they have both established successful and lucrative companies and led these companies to be the top company in their specific industries. The history of these companies reveals that there are several paths to progress and prosperity. While there are many paths to choose from, all paths require labor and sacrifice.

The Surprising VP Of BMG, Marcio Alaor

When looking at the vice president of the BMG bank, Marcio Alaor, you would probably never guess the background that this man came from. He started at the very bottom of the ladder and worked his way to the literal top of the ladder. He did so without education or formal training.

Shining shoes wasn’t something that Marcio Alaor necessarily wanted to do, but it was the only thing that he could find with minimal education and no experience in the world of any professions. While he was not excited about the opportunity, he made sure to give the shoe shining business the best of him. He worked very hard. He shined a large number of shoes. He remained dedicated. All of the things that he did, he did with a great deal of passion and drive. Shining shoes wasn’t an art, but it was something that he could do well.

While he was working hard, he began shining the shoes of a BMG executive on a regular basis. This executive was not only impressed with the work that Marcio Alaor did, but with the strong work ethic that he saw in the young man. He liked the work ethic that Marcio Alaor had and could picture him in the banking world. He learned that Marcio had no training or education. He still wanted him to have a position at the bank and began thinking of ways that Marcio could work for the bank without a lot of different options.

Marcio Alaor was offered the position of an entry-level banker. The man who he shined shoes for became his mentor and he was able to learn a lot about the banking world. The mentor saw a lot in Marcio Alaor, but he remained consistently impressed with the drive that Alaor had. He knew that Marcio Alaor was going to go big places in the banking world and wanted to be the one who helped him get there. He trained him properly and always taught him mroe than he needed to know to ensure that he was able to advance to the next position.

This training and a large amount of experience that Marcio Alaor gained while he was working for the bank led to him advancing positions. He became one of the fastest promoted individuals at the bank. He made sure that, despite the positions that he held, he always maintained the same drive that got him to where he is at. Even as the vice president, he is still very driven and looks for that same drive in the people that he hires to work at the bank. He sees it as the number one quality in potential bankers.

Ricardo Guimarães Is Honored For A Lifetime Of Service

The Dino Blog reported a story of Ricardo Guimarães who is the former chairman at BMG Bank. He fulfilled the family line by ascending to the top of the company, and he has been honored with a city council award in the region where the bank is headquartered. BMG Bank has been a large part of the region’s economy, and Ricardo was honored for rising up through the company the way anyone would expect to. This article is a brief explanation of why Ricardo was honored for his incredibly hard work on behalf of BMG and the region.

#1: Ricardo Is The Traditional Family Worker

Ricardo was an office assistant when he started with the bank, and he earned his university degree while working at the family business. He used his business degree to take more responsibility in the company. Ricardo worked very hard in everything his family asked him to do, and he continually had good reports on his work until he became a member of the executive team. Ricardo purchased many shares of BMG over the years, and he continued to increase his controlling stake after becoming CEO.

#2: Ricardo’s Record In Executive Management

BMG Bank made a name for itself by offering credit to people throughout Brazil, and the company was heavily-invested in ensuring the financial health of businesses and individuals. The credit offered by BMG has helped pay for construction throughout the country, and many of their own executives have been given honors under Ricardo’s leadership. BMG Bank is a unique company that is willing to go out on a limb for the people it serves, and serving people in brazil made Ricardo a popular figure throughout the country.

#3: Wisdom In Leadership

Ricardo is a wise leader who was not content to hold onto his portion of the company regardless of what it meant to his employees. Brazil has been overrun by other banks in the last few decades, and BMG has seen increasing competition from international banks that are taking customers. BMG is partnering with Bank Itau to help keep both companies viable, and the partnership will help double their capacity to offer credit to their customers. Credit from both BMG and Bank Itau will help increase financial opportunities for people in Brazil, and BMG will survive throughout the 21st Century with help from Ricardo’s leadership.

BMG Bank has been a landmark institution in Brazil for quite some time, and Ricardo Guimarães is the person who helped maintain that position at the top of Brazil’s economy. The bank has helped pay for the development of much of the country, and many citizens owe the bank their financial freedom in the form of personal credit.

BMG Bank Chairman Ricardo Guimarães Wants Brazil’s Economy To Recover In Spite Of China’s Issues

Brazil is at an economic crossroads. The country can no longer depend on China exports to fuel economic growth. China is a mess economically speaking, and according to economists at the recent Davos Summit, China is in for another year of poor growth. The sad news is China is going to bring the world’s economy down because of the uncertainty that surrounds a Chinese recovery in 2016. Brazil has experienced the Chinese economic downturn first-hand the last two years, according to BMG Bank President Ricardo Guimarães, and he has been vocal about the fact that Brazil must find another way to cure its economic issues.

According to an article by, the Chinese President said his economy will grow by more than 6.5 percent in 2016, but many economists say that forecast is too optimistic. Economists around the world think the Chinese government is Inflating their forecast. The recent data on foreign trade and the recent hiring levels don’t indicate that the Chinese economy will grow at that rate. BMG Bank’s Guimarães was quoted in the article, and he said he agreed with the economists.

Mr. Guimarães thinks Brazil will pull out of the two-year recession if the government injects money into the economy in 2016. The Brazilian Finance Minister recently said the government is going to start a new loan program. What the Finance Minister means is the government is ready to pump $15 billion into companies and consumers to kick-start the economy. Guimarães said that program is not in place, but he expects it to be this year.

Ricardo Guimarães is concerned about the economy and his banking empire, but he is also concerned about the health of Brazilian football. Guimarães is an executive that has a special interest in the sport of soccer. His bank sponsors players and Series A soccer clubs, and that has been a very rewarding relationship for the bank and the sport. According to a recent article by BMG Bank has invested millions of reais in the sport, and the bank will increase that investment in 2016.

Guimarães said the reason for the increase in their investment is a simple one. BMG has become the number one bank in the payroll loan business, and soccer is the main reason for the bank’s success. Mr. Guimarães said soccer fans believe his bank will give them a low-interest loan with good terms because of bank’s association with the game. A post by confirms what Guimarães thinks. BMG is a very recognizable brand in Brazil thanks to the three letter orange logo that is worn by hundreds of soccer players every week. Even some of the fans have started to wear the logo and that is another sign of a successful advertising campaign, according to Guimarães.

Consigning Credit With BMG President Ricardo Guimarães

Consigned credit is a fairly new concept in the world of banking. It is credit that has been recycled from other customers of the bank to customers who need the credit. It allows customers who need credit an extra opportunity at getting what they need and it allows other customers the opportunity to use up credit that they don’t need, while profiting off of the interest rates from other customers. It is a somewhat tricky concept to get ahold of, but BMG has perfected it. They are one of the top banks in Brazil and have done this through their consigned credit program. This has allowed them to not only become the best at one they do, but has allowed them to be one of the best banks for customers who wouldn’t have been able to do things without the help of the bank.

The bank is one that is successful and has bee able to gain their success through the help of their programs. The consigned credit program is innovative and allows customers to have an idea of what they are going to be able to do with the credit that they have. It has given many customers an opportunity they would not have had without the program to help them. This has been accomplished not only with the innovative program, but also with the people who have worked to make the program a possibility. In particular, the company could not have done this without their president, who came up with the consigned credit concept for BMG.

Ricardo Guimarães is the president of the BMG bank, but he was not always the president of the bank. He began his career with the bank in 1980 and rose to his high position from the various successes that he had. In 1989, after he was appointed financial executive officer, he began working on the consigned credit program. This allowed him to create a large amount of credit options for all types of customers. It ensured that customers were able to purchase the things they needed while they were working toward other parts of their financial life.

After the program was a success, Ricardo Guimarães was again promoted. He was made the CEO of the company in 1996. This was due to his success with the consigned credit program and allowed him to do better at what was right for the bank and the customers. After a successful run as CEO and an increase in the consigned credit program, he became the owner and the president in 2004.  At this point, he was able to push the program even further and this allowed the bank to become more successful than it has ever been.

Ricardo Guimarães loves sport a lot. He has contriduted with social investments by sponsoring some major sport events and clubs.

BMG Bank’s Marcio Alaor Is Honored

As with any city, a bank is one of the driving forces in the town. People depend on their local banking institutions for car and home loans, payday loans, credit cards and various other financial transactions. In Brazil, there is one bank that stands out above all the rest, BMG. It could be because it has been here for decades, or it could be that it is run by one of the most prominent and loved families in the community. The Guimarães family has run this financial institution for nearly 100 years. At the helm of this tightly run ship is the Vice President, Marcio Alaor.

Alaor recently joined forces with another company in an effort to extend their banking services to the people. So many people don’t have the credit that is necessary to secure a personal loan these days. Alternative lending services have become a big part of any industry. Payday loans are loans that allow someone to receive funds guaranteed by their next paycheck. A person must have a checking account and be able to pay back the funds in a short period of time. By teaming up with Itaú Unibanco S.A. back in 2012, they bank made a historical leap forward. Not only were they offering more services to their customers, but they were also giving back to the community once again.

In a recent ceremony held by the city, Alaor was given an award. It’s one thing to be a big and powerful man, but it’s another thing to be loved by the community. BMG has done many things to try to improve the cities around Brazil. To make things better is just what the people want. Unlike so many other banks whose presidents are cold and standoffish, Alaor is welcoming with open arms to his valued customers. He carries on the family traditions well and though he is a business man, he never is too busy to stop and talk with one of the people that keep him where he is.

In the deal that brought payday loans to the area, BMG holds 40 percent of the stock while Itaú Unibanco S.A. retains a 60 percent holding. Though this program has only been in effect for two years, it seems that it already has brought much business to the bank. The bank didn’t always focus on the type of lending it does today. When they first began, they were an institution that focused on mergers and acquisitions, as well as traditional credit requests. Being able to change with the times is one of the best features of this bank. They are not bound by rules or models from institutions of olden days, they make their own path.

Ricardo Annes Guimarães and How he is Inspiring BMG Bank In Brazil

Banco BMG is a financial entity that provides investment services, financing, and credit cards to individuals and organizations operating inside the Brazilian market. Banco BMG accepts different kinds of deposit products, these includes, time deposits, interbank, and demand product.

BMG bank boasts of a very rich history that can be traced back to almost 80 years ago. When it commenced its operations during the 30’s the bank was known as BMG Financeira S.A. Credito before changing the name to Banco BMG in 1989. Today, the company operates as a subsidiary of Grupo BMG S.A.

BMG Bank provides commercial loans to small and medium sized enterprises, including suppliers and service providers. The bank also lends money to the public sector. Banco BMG also issues different types of consumer loans and paycheck deductible loans to the private sector, public workers, and pensioners. BMG also issues various debt instruments such as letters of credit to organizations doing business overseas.

BMG boasts of an outstanding corporate profile. The institution has been involved in series of mergers and acquisitions. In 2009 they issued their first subordinate debt in external market. In 2011 BMG acquired 100 percent of GE money shares, and in 2014 they announced a business unification agreement with Itau Unibanco S.A to have control rights in their payroll business and also to increase their total voting capital to 40%.

The bank has been successful as a result of its visionary management. There is an independent board of management in place, and this means that the chairman himself Mr. Ricardo Annes Guimaraes is also independent too.

Mr. Ricardo holds the controlling shares in BMG bank business and also serves as the president and Chief Executive Officer. He has held the title since 2004. Mr. Ricardo joined BMG Bank way back in 1984 in the capacity of Financial Executive Officer, before being promoted as the head of the group in 1996. Mr. Ricardo has shrewdly guided the group by helping them structure numerous mergers and ventures that have seen the bank rally its share price across the stock market.

Mr. Ricardo has also helped the bank initiate key policies such as the establishment of an independent Audit unit and a fraud detection center. These are the policies that have made the institution affirm its dominant market position. In addition, Mr. Ricardo also inspires the talented workforce through incentives such as a staff mortgage scheme, medical cover, car loans.