Famous Brazilian team settles millionaire debt it had with Banco Inter

In the last week, Atlético-MG paid the debt of R$17.7 million it owed to Inter bank as a result of a loan. The team had until March to pay the debt with the Inter bank, but decided to anticipate it, according to UOL Esporte.

Galo, which is even on the verge of implementing the SAF (Sociedade Anônima de Futebol) has plans to pay onerous debts and bank loans. According to UOL, Atlético-MG has already paid around R$91 million to financial institutions.

It is important to point out that in order to implement the SAF, Galo needs a positive assessment by the Deliberative Council, which should happen this semester. However, the club has not yet revealed who its investor is, as it is protected by a confidentiality clause.

Mineiro Athletic Club

Clube Atlético Mineiro is a Brazilian football club based in the city of Belo Horizonte, Minas Gerais. Founded on March 25, 1908 by a group of students, its traditional colors are black and white.

The club’s first name was Athlético Mineiro Football Club, adopting its definitive name in 1913. Its symbol and most popular nickname is the Rooster, the official mascot in the late 1930s.

Banco Inter

inter, ancient Banco Inter and Banco Intermedium, is a Brazilian technology company, founded in 1994 and headquartered in Belo Horizonte, Minas Gerais. It is characterized by being one of the first banks digital services in Brazil, and the absence of fees for basic services.

Currently, in addition to financial services, it also offers non-financial services, positioning itself as a Super App.

In 2020, the platform repositioned its brand, abandoning the Bank nomenclature and changing its name to just Inter, a Super App that brings together various financial and non-financial services to simplify people’s lives.

In the same period, it raised BRL 1.2 billion in a primary offering that was above the price at which the company was trading when the offer was announced and reached the mark of 8 million customers.

Paulo Amorim

Paulo Henrique Oliveira graduated in Journalism from Universidade Mogi das Cruzes and in Radio and TV from Universidade Bandeirante in São Paulo. He serves as editor of the portal FDRwhere he already accumulates vast experience and research, producing articles on economics, finance and investments.



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