The banks that make up the National Financial System will make, until the 25th, an extra contribution estimated at R$32.5 billion into the Credit Guarantee Fund (FGC). The decision was taken this Thursday (5) by the Board of Directors of the Credit Guarantee Fund.
In a note, the FGC stated that the measure seeks to reinforce the institution’s financial capacity. “The purpose of the measure is to ensure the solid assets of the FGC and guarantee its full capacity to fulfill its obligations, in strict compliance with current legislation and statutory provisions”, informed the fund.
The cash reinforcement occurs amid payments related to the collapse of the Banco Master.
This amount represents around 94% of the total expected compensation. According to the fund, approximately 675,000 creditors have already received payments, equivalent to 87% of the total number of beneficiaries.
With information from Agência Brasil
