Central Bank adjusts reserve requirements to aid FGC payout for Banco Master liquidation

g1.globo.com (Portuguese)

The Central Bank will alter reserve requirement rules to help replenish the FGC fund. This change allows banks flexibility in allocating reserve requirements, potentially releasing R$30 billion in 2026 to cover the FGC's R$51.8 billion payout for the Banco Master liquidation. The FGC, a private entity, guarantees customer deposits and investments, and its resources were depleted by the Banco Master and related institutions' liquidations.


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Central Bank adjusts reserve requirements to aid FGC payout for Banco Master liquidation | News Minimalist