Why Marcio Alaor Has Continued Spearheading the Development of BMG Bank


Over the years, the banking institution has changed since time in memorial and is offering advanced financial services in a professional way. This has also necessitated the development of other financial institutions offering affordable financial services to the growing population. As such, Brazil has seen the influx of banking systems that have increased service delivery to its citizens. As such, Marcio Alaor has been at the center stage in the development of affordable banking services to the Brazilian citizens. In a recent publication on Exame.abril.com.br, Marcio Alaor has recently outlined the performance of different types of motor vehicle companies. This was after the allegation of scandals surrounding major motor vehicle companies in the world. He narrated on how the companies have made some difference in the stock market and how they have performed regarding profit maximization. For instance, he noted that General Motors was the first to go into the stock exchange market completing 100 years of its IPO which culminated into the company raising its gross income to 53.52 billion dollars. The company was followed closely by Ford which has an approximate net value of 600million dollars. The initial public offering as it is known is mostly used by the companies to raise money through selling their share publicly which makes them to develop in Full Corporation. As such, Marcio Alaor acknowledges the importance of the companies exploring the IPO way in order to raise enough funds to invest in other fields.

Marcio Alaor has spearheaded the development of BMG Bank in Brazil into one of the most notable banks to be emulated. As the vice president, he inherited the work from his parents who started the bank in the early 1930s before being commercialized in 1980s. In the earlier years, the bank contributed in making many people acquire motor vehicle loans by subsidizing on the amount used to acquire vehicles. As such, many people developed interest in investing in the bank which made it to grow steadily into the recent position of being among the ten being banks in Brazil. It can be noted that Brazil is one of the fastest growing nation in terms of economic growth due to the development of industries and labor in the recent years.

In a recent interview, Marcio Alaor has described the most successful airlines in South America and the world as a whole. Despite being expensive, planes are the fastest means of transport from one point of the world to another. He acknowledges Qatar Airways as the first performing airline globally with almost 158 fleets under its management.