[ORGANIZATION]
Reag Group
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Situations
BRB liquidity crisis and R$6.6bn loan deadlock
23 clusters · 105 sources · last updated
Latest: Ministry of Finance declines meeting on Banco de Brasília bailout
The Federal District’s efforts to recapitalize state-owned Banco de Brasília (BRB) have reached a deadlock over the structure of a R$6.6 billion loan. The proposed plan involves the Fundo Garantidor de Créditos (FGC) len