Archive for the ‘Financial Services’ Category

Ricardo Guimaraes’ Strategy to Making BMG Successful

Sunday, January 7th, 2018

Among the Brazilian entrepreneurs, Ricardo Annes Guimaraes is recognized for investing more in sports. He has received the diploma of Honor to merit from the City Hall for his help and support for sports in Brazil. Ricardo has also been awarded the Great Collar of Legislative Merit. His contributions towards development of sports in Brazil are invaluable seeing that he was able to stand in the financial gap of the Atletico Mineiro Club.

Ricardo has contributed to the construction of one of the best equipped Training Centers in Brazil. Apart from football, he also supports other games as his way of giving back to the community. He has also invested in several hospitals to promote the health sector and create a healthy population in Brazil.

In his speech at the event when he was receiving the Honor, Ricardo was happy to recognize his grandfather who he started the tradition of investing in sports and he was continuing with the tradition. As the president of the BMG bank, Ricardo confesses that as a family bank, it highly invests in sports (https://www.cmbh.mg.gov.br/comunicacao/noticias/2016/11/).

Ricardo Guimaraes has been fortunate in that he came from one of the richest families in Minas Gerais. He has been the president of Atletico MG and during his tenure, he was passionate about the world of sports and after taking the leadership of the BMG bank, he was able to maneuver with ease in the market (http://maquinadoesporte.uol.com.br/bio/ricardo-guimaraes.html).

By creating ease of access to funds by the football clubs, Ricardo has made BMG bank to have higher returns and he continues to increase investing in sports. After taking the leadership of the bank, he has been able to lead in sponsorships of football through the bank, taking most of the Serie A clubs. The bank maintains the privacy of the clubs that it invests in and does not share their information to any third party for any purpose (http://esporte.ig.com.br/futebol/bmg+se+torna+investidor+mais+influente+nos+clubes+brasileiros/n1237962700977.html)

As a businessman, Ricardo is always keen on opportunities he gets. He always weighs the opportunities and picks one that will give the best results. He also take chances and invests in areas that analysts have raised concerns about but shows a promising return (http://esporte.ig.com.br/futebol/bmg+se+torna+investidor+mais+influente+nos+clubes+brasileiros/n1237962700977.html).

According to Ricardo, the talents of athletes and footballers should be given support so that they can be trained to professionals who are committed to their goals and driven by discipline. This creates more creativity in him to make sure that sports become successful and in the process, his company gains recognition and promotes the livelihood of its employees (http://pt.wikipedia.org/wiki/Usu%C3%A1rio(a):Ricardo_Guimar%C3Aes_BMG).

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An Example of Successful Capitalization through Senior Notes

Monday, March 6th, 2017

Nexbank Capital Inc. is a privately owned financial services provider involved in banking and financial services. Recently, NexBank Capital raised additional capital through unsecured senior notes, realizing a total of $155 million. The private placement was hugely successful and the notes oversubscribed. The notes are stable attracting a BBB investment rating from the Kroll Bond Rating Agency. The elements of the offering include a five-year 5.5% fixed rate interest and subsequently a floating rate.

Speaking at the announcement, the CEO and President of NexBank Capital, John Holt, reiterated that the recognition of the senior notes from the rating agency is a testament to their strong position in the market. The oversubscribed state of the placement demonstrates investor confidence in NexBank to succeed and deliver long-term benefits. Sandler O’Neill & Partners advised the offering, and the unsecured notes would require registration before being used for trading.

NexBank’s business success was validated by the extensive institutional support the placement enjoyed. The capital is intended to go towards clearing cumulated obligations, operational business growth, and strategic future capital investments. NexBank Capital achieved a 71% year-on-year growth rate in 2016 in total assets and over $83 million in net income the same year.

NexBank Capital is a subsidiary of NexBank SSB, a financial and banking services provider founded in 1922 and based in Dallas, TX. NexBank Capital has operations in commercial banking, investment and mortgage banking, and institutional financial services. Its major clients include financial institutions, corporate and institution-based customers, real estate investors, brokerages and small and medium enterprises. NexBank SSB was previously known as Heritage Bank with the name change taking place in 2005.

NexBank Capital has realized tremendous growth with John Holt as CEO and President. It has expanded its operations with over $4 billion in assets to date to become one of the largest banks in Dallas, TX. In 2014, Bank Director recognized NexBank Capital’s rapid growth in core deposits ranking at number one in the second quarter of the same year. In addition, The Independent Banker ranked NexBank SSB at number five on its list of the community banks with more than $1 billion in assets.