Banco BMG

Source: Wikipedia, the free encyclopedia.

Banco BMG is one of Brazil's major

retail banks. The bank, formerly known as Banco de Minas Gerais
S.A., was founded in 1930.

Banco BMG had a minority share in a joint venture with Brazil’s Itaú Unibanco, called Itau BMG Consignado, which lent to customers who hold payroll accounts, until December 2016 when Itau bought BMG's remaining share.[1]

References

  1. ^ "Itau to assume full control of Itau BMG Consignado, which lends to customers who hold payroll accounts". The Wall Street Journal. September 30, 2016.

External links