Lula Government Reinforces that It Is Not Loan Guarantor to the BRB
4 Articles
4 Articles
The federal government released a note on Friday evening (21) stating that it remains willing to cooperate with the negotiations for the capitalization of the Bank of Brasília (BRB), provided that the terms of the closed agreement with the Supreme Federal Court (STF), which "expressly removed any endorsement or financial guarantee from the Union", are preserved. The note is signed by the Advocate General of the Union (AGU) and the Ministry of Fi…
The management of Celina León (PP) accuses the FGC and the Union of 'inertia' in the implementation of the operation
The Advocate General of the Union (AGU) and the Ministry of Finance denied, on Friday, 21, that the federal government is responsible for the delay in the completion of an operation aimed at the capitalization of the Bank of Brasília (BRB). Capitalization is intended to increase the own resources of a bank, in order to strengthen the financial structure and the capacity to carry out operations. This reinforcement may occur, for example, through …
Government states that it is neither guarantor nor guarantor of the BRB's credit operation and attributes delay to the negotiation between banks
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