Igor Cornelsen’s Three Practical Tips for Investing in Brazil

Although investing is a risk in itself, investors can reduce the amount of risk they assume when they channel their hard earned cash towards a project by sourcing advice from seasoned investors. Numerous investment opportunities are available in the U.S, but adventurous investors never shy off from exploring the potentials of foreign markets. Igor Cornelsen, the founder of Bainbridge Investments Inc., is interested in risk-taking investors who are looking for long-term investment strategies for the Brazil’s market. He is a South American native specifically Brazil although he currently spends most of his time in the U.S.

Cornelsen’s investment tips for Brazil are essential yet straightforward. He urges foreign investors to create a good rapport with the locals. It is only through getting in touch with the locals that investors can benefit from the business acumen of Brazilians who are thought to be naturally business-minded. What’s more, Brazilians are among the most hospitable people in the world who do not shy away from talking to foreigners.

Like many other countries, Igor Cornelsen notes that Brazil’s currency control measures are strict. There are numerous banks where foreigners can exchange their currencies for the Brazilian Real. However, it is the currency exchange rate that Cornelsen’s emphasis lies on; he acknowledges that Brazil has varying exchange rates depending on the type of transaction. While this may seem complicated, he assures foreigners that research into Brazil’s currency law that they stand to benefit from their efforts.

According to Igor Cornelsen, Brazil’s regulations of the business environment are many, and they warrant an investor to research them thoroughly. Investors conversant with the country’s business legislations can adhere to the necessary ones while saving time by not paying attention to unnecessary legislation.

Bainbridge Investment’s sole purpose is to help investors to gain an insight into Brazil’s economic landscape which can get treacherous at times. The firm is located in the Bahamas. Igor’s understanding of the Brazilian economic environment arises from his career with leading Brazil’s financial institutions. However, he currently focuses on investments purely having quit his job. While he is not engrossed in business, he enjoys golfing.

Learn more:https://www.resume.com/igorcornelsen


BMG in Brazil Remains Focused on Growth

A Clear Focus
BMG has a clear and solid focus. It strives to focus on the growth of the overall loan portfolio. This is to be accomplished in a sustainable way. This will ensure high and attractive levels of profitability. This focus will enable the continuity of the business. This will be accomplished through the means of the quality of its customer portfolio and by the means of responsible credit. Marcio Alaor is the vice president of BMG since the year 1977. He is a member of the board of directors also. He has been highly instrumental in ensuring that a clear focus has been in place. This has led BMG to become a top and trusted bank in Brazil.

Earned a Solid Reputation
BMG has earned a solid reputation and does have a long history of providing exceptional expertise in every area of its operation. Their reputation does enable them to stand apart within this market. They stand out and have competitive advantages. Their reputation does incorporate the following:
* over 80 years of performance within the financial market
* a leader in the overall Brazilian credit market
* a strong brand recognition
* the development of an entrepreneurial and pioneering culture that includes the development of its own systems and platforms
* a conservative risk profile that incorporates a very conservative and strict credit policy and is revised and updated often to ensure that it is current with market conditions
* the ability to adjust quickly and the ability to remain flexible to the market conditions that are in constant change
BMG has indeed earned a solid reputation for being trustworthy and current in every aspect. Marcio Alaor has been instrumental in ensuring a solid reputation that provides expertise and experience to every client.

Professionalize its Management
BMG has developed clear and solid corporate governance practices. This has been done for the purpose of professionalizing its management. Ensuring close relationships with investors has been essential. This enables quick and effective service for clients. These practices contribute to the sustainability of this business.

You can like him on Facebook.

Marcio Alaor Reports On The City Index Disclosures Of The Endeavor Entrepreneurs

In the month of December, the endeavour company that is a supporting and organization that supports the entrepreneurs decided to release the index that reveals the best and most entrepreneurial company in the entire Brazilian company and is now the best company ever. The BMG bank manager, Marcio Alair said that this company is set to improve communication to the country by revealing the best and most successful cities that have major entrepreneurs in the country. He further says that the index was ascertained by a study that was carried out in the 32 cities that took part in the survey that was put on board in the regions that are in the country for it to highlight the cities that are very prepared for the growth of business that are based on the tghe specific indexes that are 55 in total.

Financial experts in this field say that this kind of revelation and study is set to bring motivation to the major cities in the country as well as the cities that are left behind to come up with ways that will make their cities come to the top and bring about the element of motivation that will make the cities strive to make the ends meet and make a yearning solution for the environment. This kind of competition will realize the bring up of the best entrepreneurs that will bring on board the best conditions for marketing as well as improving the sector for business in the cities that are hit in this act.

The report by Marcio Alaor is showing that the cities that cities that were surveyed in the report to improve the conditions and the working environment and the index that was supported is inclusion of the comments as well as the comments that will be included in the survey report as well as the customary services. He says that the indexes increased in a number that is more than fifty percent since the edition was first brought about in the year 2014 by this very company that revealed the operations. He further says that the cities that were left behind should include the comments that are left below the report to increase their indexes that will be saved in the next yearend realize a very big growth that will make them come to the end of the adverbial.

Marcio Alaor shows that this index only shows us the present as well as the index of the past events that have led to the performance that each individual city had to realiuze. The inclusion of the recommendations on the survey report will make them realize better and more advances in business.

Follow Marcio Alaor on Twitter.

Ricardo Guimarães BMG

Ricardo Guimarães was born in 1951 at a town called Belo Horizonte. According to wikipedia, he is Flávio Guimarães Pentagna son and grandson of Antônio Mourão Guimarães, the prime founders of BMG conglomerate bank.
Banco BMG consolidated was a financial institution of the BMG Group, based in Belo Horizonte, Minas Gerais. The Bank is the main business of the BMG Group having its consignment lending operation as its main focus and a pioneer in its niche market. Banco BMG also operates in vehicle financing through Banco Schahin in personal loans and CDC, through Banco GE operations aimed at suppliers of large companies, investment for individuals and companies as explained in blog.dino.
Earlier in 1980, Ricardo Guimarães began working in the family business as a mere office assistant and eventually, in 1988, he graduated in business administration from UNA, Brazil according to noticias.r7.com. He received the town hall to honors degree on April 1990.
In the year 2011, Ricardo Guimarães became the businessman and chairman of BMG, succeeding Léo Bourgeois de Castro to lead the family business. The ceremony to his crown as the next chairman was honored by the president of the house, Léo Bourgeois de Castro who went on to front the work of his colleague. During the ceremony, Léo Bourgeois de Castro cited the great work done by Ricardo Guimarães at Clube Atlético Mineiro from 2001 to 2006 as the president. The parliamentarian expressed his confidence and satisfaction with Ricardo’s passion acknowledging that in 2004, he was awarded the Grand Collar of the Legislative Merit. This is explained in cmbh.mg.gov.br.
Ricardo Guimarães was a successful businessman who achieved brand loyalty and ethics, in addition to supporting the fond of all sports (national sports, Basketball, athletes, tennis and volleyball). He also manage to initiate, develop and sponsor direct investments associated with all walks of people. In fact, in 2010, Ricardo Guimarães created the Ricardo Soccer BR1, an investment fund in football athletics. In the same year of its creation, Ricardo Guimarães invested more than R $ 20 million to buy the economic rights of several athletes who were at work in eight clubs.
Ricardo Guimarães was committed to the development of sports and his work was viewed as the seal of commitment and citizenship. He was the example of the society. He had withheld and continued the tradition started by his grandfather front as he made Belo Horizonte their professional and family roots.
In the year 2012, Ricardo Guimarães mediated an agreement between BMG and Banco Itaú Unibanco SA for the supply, marketing and distribution of payroll loans in Brazil, resulting to the formation of a joint venture code named, Banco Itaú BMG Payroll SA. Later in 2013, the two institution signed a business utilization agreement that concentrated payroll loan operation in the joint venture. This investment was very huge for the company as it allowed it to own a total and voting capital of 40%.

A New Financial Deal Signed Between Marcio Alaor of Banco BMG Bank and the New Mining Bank



Marcio Alaor is a Brazilian citizen who is known for his experience in investments undertakings. Alaor has contributed so much to Banco BMG’s bank success. He is a committed and hardworking investor who possesses great teamwork values. Alaor currently serves as the Vice President and an Executive Officer of Banco BMG bank that operates in Brazil.


  1. Marcio Alaor works under Ricardo Guimaraes, who has been the Chief Executive Officer of this bank since 2004. Marcio conducts all special operations of this bank including loans distributions. Marcio has made remarkable developments in the Brazil industries. He once invested in the meat industry and got back a lot of investments.


According to Otempo.com news, Banco BMG recently signed a commercial agreement with Itau bank, which will make a formation of a large firm. According to Marcio Alaor, the banks proceedings will not change. The normal operations of Banco BMG bank will continue as before. Alaor stated that the Itau bank would contribute to the growth of Banco BMG bank.


Alaor depicted that the newly formed bank would majorly focus on payroll loans. The partnership agreement was also confirmed by the Banco BMG president, Ricardo Guimaraes. Ricardo illustrated that the new Company started with a significant cost of one billion U.S Dollars.


According to Executive Alaor, the new Itau bank will manage and control 70% of capital and voting rights, whereas Banco BMG will control 30% share capital and voting rights. This decision was made after a negotiation between the Executives of both sectors.


  1. Alaor said that the partnership will attract more investors and customers into the business venture. He also depicted that the new bank will help generate more investments and expose the bank capabilities to the outside world.


The new bank was referred to as the mining bank will mostly focus on payroll loans and other general services. According to Guimaraes, new investors attracted to the bank operations will generate Banco BMG bank an estimate of 30% shares. Alaor confirmed that Banco BMG bank had already made an investment of 29 billion U.S Dollars.


According to financial analysts, the new bank will take the lead in the stock market, a scenario that will place Banco BMG bank in a better position in the banking system as compared to other banks.


For more information regarding the new agreement signed between Banco BMG and the mining bank, open the following link http://www.otempo.com.br/capa/economia/bmg-se-associa-ao-banco-ita%C3%BA-1.283289.


In conclusion, the new partnership signed between Banco BMG bank and Itau bank will help the Ricardo Guimaraes’ bank open new business ventures and receive recognitions at international level.

Marcio Alaor BMG

When it comes to banks, one of the keys to making them very successful is management. For BMG Bank, one of the top managers is Vice President and Director Marcio Alaor. With Marcio Alaor as vice president and director, BMG bank has continued its tradition of being among the top banks in Brazil and all of Latin America. What makes BMG bank among the top banks is the many services it provides to both individuals and businesses. Services such as credit cards, deposits, investments, loans and insurance enable people to get a number of things to help make managing their finances easier and more efficient. By banking with BMG, individuals and businesses will have the opportunities they need to meet al of their financial needs.

For private individuals one of the most beneficial services offered is credit cards. These are cards that have a credit line or certain amount they can use in order to make purchases. With credit cards, individuals will get short term financing that enables them to pay for things that they don’t have cash for. They are best used for emergencies when an individual needs to pay for something at a moments notice. Credit cards can also be used to finance purchases more conveniently and then be paid back at a later time. Therefore credit cards are one of the top services available to individuals from BMG Bank.

Another service that is quite important to individuals is investments. With investment services, individuals can get assistance from an advisor as well as have the opportunity to put their money in stocks, bonds and other funds to help finance their retirement. The investment services provide individuals with the opportunity they need in order to prepare for their future. With investment services, an individual can have their money either grow and also provide income at the same time. As a result they will have a way to provide themselves with both short term and long term financial security.

The other services offered by BMG bank that are quite valuable are loans and deposits. With loans people can finance things such as homes and vehicle. They will be able to get funds given to them by the bank and then pay it back over a period of time at affordable rates. The deposits allow people to put their money in accounts to more safely and efficiently store their money for future use.

Santo Antonio De Monte Honors Marcio Alaor With A Food Court

Marcio Alaor, a native of Santo Antonio do Monte and one of the top executives in the Brazilian financial sector was honored with a food court. The fete was undertaken at a colorful exhibition between 21st and 24th August 2014. The tribute from the Santo Antonio do Monte community was befitting because of the many activities that Marcio supports and the services that he has offered to the county. The food court, which was formally a warehouse, was named Marcio Alaor Araujo.
He has made great contributions in supporting of a number of initiatives within the city particularly at the Exhibition Park and in the rural sector. He continues to support different projects in his native land irrespective of the distance. The local people, politicians and local officials graced the event.
Due to the importance of the occasion, the local politicians and local officials were given a brief moment to make their speeches. They emphasized on how important the support of Marcio Alaor has improved the image of the city. They were all grateful that Marcio had not forgotten his native homeland besides lauding the enormous contributions he has made towards improving the city. Every leader praised the top executive and commended the event noting the important role it will play towards enhancing the city’s growth.
Luis Antonio Resende was the first to speak. He took the opportunity to thank Marcio Alaor on behalf of the exhibition center workers. Resende stressed on how Marcio rendered his help without asking for political favors when the city was in need. The other official that thanked Marcio was the president of the Rural Union, Vilmar Octavian. Octavian said that the union was committed to helping the farmers of San Antonio do Monte. He noted that the support provided by Marcio to the farmers had greatly helped them achieve their objectives. Wilmar Son, the mayor, said that the creation of the food court serves as a reminder and motivation for the local people to keep on working hard in order to achieve their goals.
When his time came, Marcio Alaor started by giving a short biography of his life. He said he was grateful to receive the honors while still alive. Marcio noted that the privilege of receiving the accolade while still breathing and seeing his homeland grow were factors that make life interesting for him. While concluding his speech, the vice president of BMG bank said that he loved the city of San Antonio do Monte and will maintain contact with the populace of the city. Marcio noted that the affection that he seen from the people of the city makes him feel proud of his homeland. The transformative leader continues to exhibit exemplary leadership styles in his undertakings.

The Huge Potential In Consigned Credit As Expounded By Ricardo Guimaraes Of BMG

The Banco de Minas Gervais has attributed its growth to a number of factors such as the population growth, the economic growth and the favorable business environment in Brazil. There was a twenty five percent increase in the credit exploratory of the gross domestic product. The credit exploratory percentage stood at 22% in 2004. Currently, this figure has risen to 47%. During a recent interview with world view, Ricardo Guimaraes revealed that the BMG’s consigned credit market had amassed $6 billion making up 20 % of the total share in Brazil. He serves as the president of the BMG. He has been rendering his services in his position since 2004. Growing up and learning the business from his family has enabled him to register gradual growth of BMG.
In 2010, the consigned credit market was $ 85 billion, which constituted 60 % of the bank’s personal credit. The significant increase in the consigned credit market has made a visible impact on the country’s economy and BMG’s. In 2004, the consigned credit market had around $2.4 billion and by December of 2010, this amount had steadily grown to $14.5 billion. According to statistics, the consigned credit market in BMG records a steady growth year after year. This has been achieved courtesy of BMG’s credit committee that utilized viable credit policies.
The people of Brazil have enjoyed the services of the bank for over eighty years. Ricardo Guimaraes is a member of the Pentagna Guimaraes family and just like his predecessors; he continues to keep the family legacy alive by improving the image, success and services of BMG. The bank is highly rated within the credit market. The institution is considered a leader in credit markets all over Brazil. The bank is in competition with 60 other banks. Irrespective of the intense competition, BMG has still managed to own a larger market share of about 80%.
BMG has 3000 sale points and 50,000 agents in every municipality. This enables them to meet the demands of their 5 million customers. In its client base are top corporations. These are among the factors that have pushed BMG to enjoy an outstanding consigned credit market thus making it the preferred bank in the region. The bank continues to offer innovative services and products geared at enhancing the consumer experience. To this end, half of the Brazil market has been exploited. The bank has higher propensity for growth and development given that half of the population remains unexploited. These unexploited markets have the power to improve Brazil’s economy.

The Tradition Of BMG Bank In Brazil

One of the largest and most successful banks in Brazil is a bank called BMG Bank. This bank is run by Marcio Alaor who has played a major role in developing the bank in order to meet its full potential. What BMG bank is is a privately owned financial institution that has funded not only people, but also businesses and infrastructure to be built. The family that owns this private is a well respected family called the Pentagna Guimarães family. This family has a long history with being in the financial business that can be traced back to the 1930s.

BMG bank, in the 1990s, specialized in consumer financing that lead the market in investing in both light and heavy vehicles. However, after 1998, and onto present day, BMG Bank now focuses on payroll loans to individuals and institutions. In 2014, BMG bank formed a partnership with Itaú Unibanco S.A. due to Marcio Alaor’s strong involvement in the matter.

What makes BMG bank special is the fact that BMG bank is the best bank in Brazil to ask for credit. This is due to the fact that BMG bank offers the best advice for both individuals as well as corporations. These top solutions include: Payroll Credit Card, BMG Empresas, used vehicles financing as well as through home equity loans.

BMG bank has been labeled as one of the top financial institutes in Brazil due not only the sales that the company had made but also through excellent customer service that is provided through this bank.

Recently, BMG bank has transformed itself by beginning to use high-level corporate practices that are optimal for governance. These practices include depending on a Board of Directors that include a Chairman, Committees, A Code of Ethics, an Anti-Money Laundering Program, any many other brand new initiatives.

What makes BMG bank special is the fact that this financial institute works with high quality credit portfolios. This form of credit loaning also ties into the fact that this institution is a talent-based institution. This means that only those with the right aptitude and nothing else, are able to become involved in the bank.

Thanks to leader, Marcio, Alaor, BMG Bank is an old institution that continues to thrive and that will thrive far into the future. Many of the new initiatives such as adding governance policies are what will improve this 80 year institution to continue to modernize, yet keep its traditions.

BMG Bank Is A Leader In The Consigned Credit Market

BMG Bank President Ricardo Guimarães thinks the consigned credit market in Brazil is a growing market. More than R$130 billion in consigned credit loans are initiated by more than 60 banks in Brazil every year, and according to Ricardo Guimarães, BMG holds more than R$23 billion of those consigned credit loans.
The consigned credit loan business has put BMG in the number two position in terms of profit in Brazil, and Guimarães thinks the bank could outperformed the state-owned Banco do Brazil in the future if the demand for consignment loans continues. BMG currently has 18 percent of the consignment credit market, and if Mr. Guimarães has his way that percentage will increase next year.
Consignment credit in Brazil is popular because the interest rates on those loans are lower than other loans, and most banks will not loan money without collateral due to the economic situation in Brazil. Other banks are trying to break into the consignment credit market by offering several perks that can help Brazilians deal with inflation and the recent currency devaluation. But Guimarães and his family are pros when it comes to making consignment credit loans.

BMG bank recently acquired Banco Schahin and GE Money Brazil, and President Guimarães also formed a partnership with Icatu Seguros. BMG Director Alaor and President Guimarães are diversifying to head off the competition in consignment loans. BMG bank is now offering credit cards as well as conventional auto loans to individuals, but those loans are subject to higher interest rates.
Foreigners ask why BMG Bank is so special given the fact that it is a relatively small bank in Brazil when it is compared to the state-owned banks. The main reason for BMG’s appeal is the Guimarães family. A member of the Guimarães has been in charge of the bank for the last 80 years. Another reason for BMG’s success is marketing. Ricardo Guimarães knows Brazilians love football, so the bank is involved with Brazilian football. Bank employees wear football jersey on certain banking days, and BMG supports football financially.
In spite of the economic collapse in Brazil, and a government that is going through a major political crisis, BMG Bank and Ricardo Guimarães are weathering the internal storm just the way the bank has always done in tough times. Thanks to consignment credit and other bank services, BMG bank will continue to stand tall in the Brazilian banking industry, according to Guimarães.