BEMGEBanco do Estado de Minas Gerais SA (Minas Gerais State Bank, Brazil)
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References in periodicals archive ?
(69.) Between 1997 and 2000, seven state-owned or recently federalized state banks sold (Banerj, Credireal, Bemge, Bandepe, Beneb, Banestado, and Banespa) for $5 billion.
In the face of heightened competitive pressure related to deregulation, Banco Itau decided to expand its client base by purchasing three local banks: BEMGE, BFB, and Banerj.