Category Archives: Tropical Countries

Bank Director Marcio Alaor Believes Brazil Is A Good Investment Choice In 2016

 

Hedge fund investors like to invest in cheaper than dirt assets like some of the Brazilian companies that have been battling a recession. Brazil’s stock market is down 25 percent and the country’s currency, the real, is the lowest its been against the U.S. dollar in ten years. Those facts interest the risk takers. The risk takers are investors that are willing to wait for a turnaround. When that turnaround comes, those investors enjoy a big payday, according to Vice-President and Director of the BMG Bank Marcio Alaor. Alaor thinks smaller investors should invest in Brazil in 2016. A new Endeavor Index just listed the top five cities for business investments and more than 30 other cities on the list. All of them are good candidates for business expansion.

The five top cities that have the infrastructure, the people, the creativity and the capital to make investors’ money are São Paulo, Campinas, Victory, Recife, and Florianopolis. Other cities like Rio, Belo Horizonte, Porto Alegre, Belem, and Fortaleza are also mention by Endeavor. Endeavor is an organization that supports entrepreneurs and business opportunities. Marcio Alaor spoke about Endeavor and the investment opportunities that exist in Brazil recently, and the feedback he received was positive. Alaor thinks now is the time to invest in Brazil. The government is on the verge of announcing a $15 billion capital injection into the economy.

Alaor also said the impeachment talk is fading. Rousseff will continue to try to get the economy moving again. Even though the country is in a deep recession not all the cities in Brazil are in recession mode. Business in cities like Florianopolis and Belo Horizonte has never been better. Alaor knows a lot about the economy in those two cities. Alaor grew up in Belo Horizonte, and BMG Bank was headquartered in the state on Minas Gerais for more than 80 years. Marcio has helped businesses in his hometown as well as businesses in Florianopolis for years.

Marcio Alaor is a well-known banking figure. He was instrumental in creating a payroll loan business for BMG Bank, and he has handled mergers with other banks. Alaor was a key player in the decision to invest in a new bank with the fifth largest bank, Itau, in order to handle the volume of loan requests the bank receives from consumers.

Many economists say the global economy is going to take a beating in 2016. But Brazil is doing its part to get their economy on track again, and it looks like the Summer Olympics will help that cause.