Founded in 1930 by the Pentagna Guimarães family, Banco BMG has been a major player in Brazilian banking for over 85 years. Originally called Banco de Crédito Predial S.A. their name was eventually changed to Banco de Minas Gerais S.A. Like the name, the type of services Banco BMG has evolved over the years, but their focus and dedication on providing quality services remains the same.
Up until the 1990s, Banco BMG focus was on consumer financing. Its work in this industry had them leading in vehicle financing for both heavy and light vehicles in the 1980s. Today the BMG financial institution is dedicated mainly to providing payroll loans to businesses of varying sizes. Banco BMG has managed to maintain its position in the banking world through strong leadership.The board of directors along with vice president and director Marcio Alaor and other valuable leaders keep the bank at the top in both performance and customer satisfaction.
The well-being of Banco BMG depends on the strategies the company uses to maintain its place as a financial leader. The emphasis on above satisfactory services stems from the high value taken in its human capital. Every company employee like Marcio Alaor and anyone else who represents the Banco BMG name is held to a high standard in order to provide the best work. Keeping the Banco BMG name associated with good work is how so many years since the company’s inception the brand keeps its image.
The future continues to look bright for Banco BMG as the company continues to work with high quality clients and maintain the positive image it has earned over the many years of service. Diversifaction of funding sources along with good choices in business practices to deliver the highest level of performance will keep Banco BMG strong for years to come.
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