Banco BMG, the banking arm of Brazil's Grupo BMG, focuses on loans to civil servants with repayments taken from monthly paychecks. BMG operates mainly through in-house representatives in state companies. It also offers car loans, leasing and asset management services, as well as various commercial and credit, financing, and investment services. The midsized bank was founded in 1930 and is based in Belo Horizonte, Brazil.
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