Brazilian banks will pay more than $6 billion to the country’s deposit insurance fund, known as FGC, by the end of this month, as the country’s financial system grapples with the costs of Banco Master SA’s failure.
Brazilian banks will pay more than $6 billion to the country’s deposit insurance fund, known as FGC, by the end of this month, as the country’s financial system grapples with the costs of Banco Master SA’s failure.