After the government released R $ 4,178 billion in extraordinary credit for official credit operations, banks operating the subsidized credit in the current crop 2024/25 resume new hiring of finance with taxes equalized by the Treasury.
O Broadcast Agro (Real -time news system of the State Group) sought banks with the highest equalized credit volume in the crop to confirm the return of operations. The resumption occurs after the temporary suspension of hiring by the Treasury, which lasted from 21 to 25 February. About $ 50 billion of subsidized resources from the crop plan were blocked due to.
In the current crop, R $ 138.235 billion in resources were equalized by the Treasury. In all 25 financial institutions are able to operate subsidized resources. Last week, the Central Bank reported the Parliamentary Front of Agriculture (FPA) that hiring the subsidized lines of the crop plan have already been reactivated.
Banco do Brasil, which accounts for 45% of the equalized credit, reported that new hiring with equalized resources were normalized. BB has the largest slice of equalized credit in the crop, with R $ 60.185 billion. Of this amount, 65% has already been applied, according to the bank. According to the bank, during the period when the partial suspension was suspended, R $ 2.2 billion were disbursed in other available credit modalities, which includes financing of equalized lines contracted before the suspension.
Behind BB, BNDES has the second largest credit volume available in the current crop, with R $ 33.486 billion. In a circular, the bank informed the agents that they operate its lines the reopening of the protocol of financing requests and the resumption of new subsidized rural credit operations of the Safra 2024/25 plan from 6 March, according to the budget availability of each program or financing line. The measure is not restricted to the cost lines of the National Family Farming Strengthening Program (Pronaf), in which financing protocols remain normally admitted.
Among cooperative banks, Sicredi leads in subsidized credit volume, with R $ 9.836 billion. The bank informed the report that the flow of its equalized rural credit operations was not “significant impact.” “Normality was resumed in two business days, as soon as we received the release to return to operating in equalized lines,” said Sicredi.
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Already some private banks still seek to adapt to the Treasury normatives. “There are adjustments that need to be made to control the new features, which we are implementing and then we hire again,” said the director of a financial institution. The expectation was to finalize the adjustments and resume operations on the return of the Carnival holiday.
The Treasury determined that the new hires have a specific calculation of equalization values, and financial institutions should separate the amounts of funding before suspension and after the resumption of hiring.
