Brazil’s deposit insurance fund FGC is refusing to extend a loan to Banco de Brasilia SA, the lender facing financial strain due to its ties to Banco Master SA, until BRB can quantify its losses and specify how much capital it needs to survive.
Brazil’s deposit insurance fund FGC is refusing to extend a loan to Banco de Brasilia SA, the lender facing financial strain due to its ties to Banco Master SA, until BRB can quantify its losses and specify how much capital it needs to survive.