If he were a commodity for sale, Ricardo Guimaraes would cost anyone an arm, a leg and a pound of flesh. These are not just empty words. The exploits that this one man has done for Banco BMG can never be achieved by several minds combined. This is despite his short stint of only ten years of Guimaraes’ leadership at the bank as the chief executive officer and president. Ricardo has a financial history and experience having studied finance and management in college. His business acumen and skills must have been inherited from his grandfather who started a credit facility by the name Land Credit Bank that offered affordable loans to peasant farmers in the 20th century. The bank later grew and transformed to Banco BMG that is headed by Ricardo. BMG has a market share of the total Brazilian banking market.
BMG is the bank of the people. The bank offers affordable credit to the citizens. You are likely to bump into Banco BMG. We are talking about a bank that has three thousand branches and five thousand agents. Who doesn’t want a bank that operates just within their doorsteps? But it is not without a strategy, Ricardo is a renown technocrat. His transformation of the bank just speaks volumes. Personal loans at BMG are not only cheap but affordable to local citizens. The bank also has a cpiatal and asset base that has been plummeting over the years. Many investors are usually confident working with banks that have a large capital base as they are sure that their investments are properly safeguarded.
Under the leadership of Guimaraes, the bank also offers other cutting-edge facilities including payroll loans which are also a major profit earner for the bank. Corporate Social Responsibility is also something that Ricardo takes seriously. Many football clubs have benefitted from his sponsorship. Santos football club in Brazil is a testimony to Ricardo’s love for soccer. This puts the CEO in touch with the people in the grassroots and helps him quickly identify their financial needs from which he coins the bank’s products. Ricardo is not selfish with his wisdom and insights. Many people have benefitted from his mentorship and motivation programs. Guimaraes has sponsored and continues to sponsor many youths through offering scholarships. These services to the community has helped improve the image of Banco BMG throughout Brazil.
Ricardo is a business mogul by right. The growth in the banking market owes a lot to Guimaraes. His contribution to the sector is immense. Ricardo is a gift to the banking industry. His acumen and prowess coupled with his passion to see people’s lives usually improve motivates him to wake daily and report to work at Banco BMG. More information on Ricardo can be obtained from http://ricardoguimaraesbmg.com/