‘The priority objective is to ensure the robustness of the Bank’s financial indicators’, the bank said in a statement
O Bank of Brasilia (BRB) issued a statementthis Saturday (21), on the proposal for capitalization of the financial institution sent yesterday by the government of the Federal District to the Legislative Chamber of the DF. According to the note, The plan is part of a broader effort to ensure liquidity and strengthen the bank’s capitalwho faces a crisis of confidence due to his involvement in the Master case.
“The priority objective is to ensure the robustness of the Bank’s financial indicators and guarantee the continuity of services provided to society”, says BRB. “Protecting BRB means protecting services that impact the lives of millions of Brasilia residents on a daily basis”, he adds.
According to BRB, the proposal will be in line with the rules of the National Monetary Council and the Central Bank and must comply with applicable legislation, in addition to the principles of “legality, efficiency, economy, transparency and governance”.
“The Bank continues to operate normally, with solidity, transparency and reinforced governance, maintaining constant dialogue with the Central Bank and other control bodies”, highlights BRB, which concludes by promising to maintain transparent communication with the market and society.
As Estadão/Broadcast showed yesterday, the bill provides that the BRB’s capital increase can occur via equity contributions, sale of public assets with the money collected allocated to the BRB and “other legally permitted measures that meet the standards of the national financial system”. The DF government is the controlling shareholder of BRB.
*With information from Estadão Conteúdo
