July 09, 20 - 11:50 am - LABS

Private institutions in Brazil start to offer new credit lines for SMBs

After regulatory adjustments and system changes, Brazilian private banks will offer two lines of credit created by the federal government to help small and medium-sized companies recover from the effects of the COVID-19 pandemic, which were previously concentrated in state-owned banks. These lines are guaranteed by the National Treasury or by funds with participation of the Treasury and managed by state-owned banks.

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