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Banco Regional de Brasília faces crisis over R$ 12.2 billion Banco Master transfers
The Banco Regional de Brasília (BRB) is facing a severe financial crisis following investigations into its transactions with Banco Master. The Federal Police (PF) reported that BRB transferred R$ 12.2 billion to Banco Master between January and May 2025 through the purchase of credit portfolios from a company named Tirreno. Investigators allege these credits were non-existent or fraudulent, suggesting the operations were designed to provide liquidity to Banco Master during its financial crisis.
PF forensics indicate that BRB continued to disburse billions despite internal reports warning of documentation flaws and fraud risks. Specifically, 21 transactions were structured at exactly R$ 750 million to bypass the oversight of the bank's Board of Administration, keeping approvals within the Board of Directors.
To prevent the potential liquidation of BRB by the Central Bank, Supreme Federal Court Minister Luiz Fux has ordered the federal government, the Central Bank, and the Fundo Garantidor de Crédito (FGC) to respond within 15 days regarding a proposed R$ 6.6 billion loan. While a previous agreement involving the FGC was reached, the federal government has resisted acting as a guarantor, proposing instead to use state and municipal participation funds (FPE and FPM). Additionally, a legal action has been filed seeking to compel the FGC to cover judicial deposits of up to R$ 250,000 in the event of BRB's liquidation.
Entities
Banco Central do Brasil · Banco Master · Banco Regional de Brasília · Banco de Brasília · Daniel Vorcaro · Distrito Federal · Fundo Garantidor de Créditos · Luiz Fux · Polícia Federal · Supremo Tribunal Federal
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Cristiano Alencar Severo, a former BRB banker, signed the popular action filed in the Federal Court of the Distrito Federal. www.estadao.com.br
- [○ 1 SOURCE] BRB President Nelson Antônio de Souza recognized that the bank holds approximately R$ 30 billion in judicial deposits during a Senate hearing on June 9, 2026.
- [● 2 SOURCES] A popular action seeks to annul FGC regulations that exclude judicial deposits from the standard coverage of up to R$ 250,000 per holder. www.estadao.com.br
- [● 2 SOURCES] Judicial deposits held by BRB originate from courts in the Distrito Federal, Bahia, Maranhão, Alagoas, and Paraíba. www.estadao.com.br
- [● 2 SOURCES] The lawsuit requests a preliminary injunction to retain FGC funds to ensure coverage of judicial deposits in the event of BRB intervention or liquidation. www.estadao.com.br
- [DISPUTED] Supreme Federal Court Minister Luiz Fux has summoned the AGU, the Central Bank, and the FGC to provide statements regarding the case. www.estadao.com.br
- [● 2 SOURCES] BRB continued to disburse billions to Banco Master despite internal reports identifying documentation flaws and fraud risks. oantagonista.com.br · jovempan.com.br
- [● 2 SOURCES] Investigators found 21 transactions of exactly R$ 750 million, a threshold used to keep approvals within the Board of Directors and avoid Board of Administration oversight. oantagonista.com.br · jovempan.com.br
- [○ 1 SOURCE] A lawsuit seeks to force the FGC to cover losses of up to R$ 250,000 in judicial deposits at BRB in the event of the bank's liquidation. www.estadao.com.br
- [DISPUTED] Supreme Court Minister Luiz Fux gave the federal government, the FGC, and the Central Bank 15 days to respond regarding financial aid for BRB. contilnetnoticias.com.br · jornalenoticias.com.br · mauaagora.com.br · mrnews.com.br · oestadoonline.com.br · +1 more
- [● 7 SOURCES] BRB plans to request a R$ 6.6 billion loan from the FGC, seeking the federal government to act as a guarantor. contilnetnoticias.com.br · jornalenoticias.com.br · mauaagora.com.br · mrnews.com.br · oestadoonline.com.br · +1 more
- [● 2 SOURCES] The Federal Police reported that BRB transferred R$ 12.2 billion to Banco Master between January and May 2025. www.metro1.com.br · vanguardadonorte.com.br