Galipolo discusses Master’s sale with President and CEO

by Andrea
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President of the BC met this Saturday with a bank summit; monetary authority analyzes the viability of the operation

The President of the, received this Saturday (19.Jul.2025) the President of, and the CEO of the institution, Augusto Ferreira, in the headquarters building of the monetary authority, in Brasilia.

The meeting lasted about an hour and was attended by BC directors (inspection) and (regulation).

(Bank of Brasilia) in March 2025 the acquisition of 58% of the total capital of Banco Master.

The operation by Cade (Administrative Council for Economic Defense) on June 17, but is still awaiting analysis of the Central Bank.

On July 9, GALIPOLO to the House Finance Commission that the two institutions still define the “perimeter” of the operation – or that is, what one intends to acquire from the other. Stated that the BC follows the negotiations, asking for information in a recurring way ”.

According to the president of the Central Bank, the monetary authority awaits the definition of the final format of the operation to start the analysis of the business.

The BC does not judge the convenience of the operation for shareholders of financial institutions. In mergers like BRB with the master, the municipality evaluates whether the acquired slice can be absorbed by the buyer and how the transaction impacts the institution’s business plan.

In addition, the Central Bank also analyzes the economic viability on the part of the company that remains independent.

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