Overview
- Ibaneis Rocha asked the FGC for a R$4 billion structural operation Friday to restore Banco de Brasília's capital and liquidity, and the request now awaits the fund's review.
- The government says the money would rebuild regulatory capital, known as the Basel ratio, and keep BRB lending for housing, infrastructure, and small businesses.
- The proposal sets a 1.5-year grace period with semiannual payments and allows either a capital injection or a liquidity line with pricing tied to Brazil's CDI rate plus a spread.
- As collateral, the DF offered stakes in Caesb, BRB, and CEB and nine public properties, though court fights over assets such as Serrinha do Paranoá and the Centrad complex could limit what counts.
- The push follows BRB's disputed purchases of R$12.2 billion in credits from Banco Master that may require provisions of R$8.8 billion to as much as R$13.3 billion, pressuring the bank's balance sheet.