July 24, 2014 6:48 AM ET

Banks

Company Overview of Banco BMG S.A.

Company Overview

Banco BMG S.A. provides commercial and credit, financing, and investment services primarily in Brazil. It accepts various deposit products, such as demand, interbank, and time deposits. The company also offers commercial loans to small-and medium-sized companies, including suppliers and service providers, as well as to public sector; and other types of consumer loans and paycheck deductible loans to public and private sector employees and retirees. The company was formerly known as BMG Financeira S.A.–Crédito, Financiamento e Investimento and changed its name to Banco BMG S.A. in April 1989. Banco BMG S.A. was founded in 1930 and is based in São Paulo, Brazil.

Alameda Santos, 2335

4º andar

Cerqueira Cesar

São Paulo, SP 01419-002

Brazil

Founded in 1930

Phone:

55 11 3067 2048

Fax:

55 11 3067 2215

Key Executives for Banco BMG S.A.

President and Director
Finance Director
Administrative Director and Member of Audit Committee
Commercial Director
Compensation as of Fiscal Year 2014.

Banco BMG S.A. Key Developments

Banco BMG Presents at JPMorgan 5th Annual Emerging Markets Corporate Conference, Feb-24-2014

Banco BMG Presents at JPMorgan 5th Annual Emerging Markets Corporate Conference, Feb-24-2014 . Venue: Ritz-Carlton, One Lincoln Road, Miami Beach, Florida, United States.

Banco BMG Presents at IV BTG Pactual New York CEO Conference, Oct-08-2013

Banco BMG Presents at IV BTG Pactual New York CEO Conference, Oct-08-2013 . Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States.

Banco BMG S.A. Announces Financial Conglomerate and Bank Financial Results for the Six Months Ended June 30, 2012

Banco BMG S.A. announced financial conglomerate and bank financial results for the six months ended June 30, 2012. For the period, the company reported on financial conglomerate basis income from financial intermediation of BRL 1,761.166 million against BRL 1,372.142 million a year ago. Operating loss was BRL 454.690 million against operating income of BRL 54.609 million a year ago. Loss before taxes and profit sharing was BRL 454.412 million against profit before taxes and profit sharing of BRL 54.807 million a year ago. Loss before minority interest was BRL 279.244 million against profit before minority interest of BRL 21.739 million a year ago. Loss for the six-month period was BRL 279.243 million against profit for the six-month period of BRL 21.737 million a year ago. Adjusted loss was BRL 141.662 million against adjusted income of BRL 247.750 million a year ago. Net cash provided by operating activities was BRL 124.715 million against net cash used in operating activities of BRL 461.990 million a year ago. Purchase of property and equipment was BRL 10.000 million against BRL 7.543 million a year ago. For the period, the company reported on bank basis income from financial intermediation of BRL 1,388.629 million against BRL 1,368.443 million a year ago. Operating loss was BRL 495.546 million against operating income of BRL 52.381 million a year ago. Loss before taxes and profit sharing was BRL 496.141 million against profit before taxes and profit sharing of BRL 52.324 million a year ago. Loss before minority interest was BRL 279.243 million against profit before minority interest of BRL 21.737 million a year ago. Loss for the six-month period was BRL 279.243 million or BRL 12,823 per share against profit for the six-month period of BRL 21.737 million or BRL 1,510 per share a year ago. Adjusted loss was BRL 206.935 million against adjusted income of BRL 252.395 million a year ago. Net cash provided by operating activities was BRL 331.593 million against net cash used in operating activities of BRL 461.592 million a year ago. Purchase of property and equipment was BRL 7.279 million against BRL 7.543 million a year ago.

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