# Brazilian consortium market growth and regulation

> Live situation record from CLSTR: https://clstr.news/situations/brazilian-consortium-market-growth-and-regulation
> Updated: 2026-10-27T00:00:00.000Z. Sources: 5. Developments: 2.

The Brazilian consortium market operates under strict Central Bank regulations, such as Law 11.795/2008 and Resolution BCB nº 285/2023. These rules require administrators to keep group funds separate from corporate assets and invest them in authorized assets to ensure financial security for the over 11 million active quotas in the system.

Recent data from the Brazilian Association of Consortium Administrators (ABAC) indicates significant sector growth. As of September, the system reached 13.93 million active members, a 14.2% increase from the previous year. Business transactions for the first nine months of the year totaled R$ 454.13 billion, up 23.7% year-over-year, with credit releases reaching R$ 97.83 billion.

## Claims

- The Brazilian consortium system reached 13.93 million active members in September. (corroborated by 3 sources)
- Active members grew by 14.2% in September compared to the same month last year. (corroborated by 3 sources)
- Total business transactions from January to September reached R$ 454.13 billion. (corroborated by 3 sources)
- Business transactions increased by 23.7% compared to the same period last year. (corroborated by 3 sources)
- The system sold 4.37 million quotas between January and September. (corroborated by 3 sources)
- More than 1.33 million members were contemplated during the period. (corroborated by 3 sources)
- Credit releases totaled R$ 97.83 billion during the nine-month period. (corroborated by 3 sources)
- The number of active members in September 2017 was 6.81 million. (corroborated by 3 sources)

## Timeline

### 2026-10-27: Brazilian consortium system nears 14 million active members

Brazil's consortium system reached 13.93 million active members in September, a 14.2% annual increase, with total business transactions hitting R$ 454.13 billion through September.

3 sources. https://clstr.news/cluster/brazilian-consortium-system-nears-14-million-active-members

### 2026-10-20: Brazil's consortium market: Regulations and financial mechanics

Regulated by the Central Bank, Brazil's consortium market uses collective funds for interest-free acquisitions, with strict rules ensuring group assets remain separate from administrator funds.

2 sources. https://clstr.news/cluster/brazils-consortium-market-regulations-and-financial-mechanics

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Cite as: Brazilian consortium market growth and regulation. CLSTR, https://clstr.news/situations/brazilian-consortium-market-growth-and-regulation