DF Chamber Study Indicates 'Dissipation of Public Assets' in Billion-Dollar Aid Project for BRB
A legislative consultancy in Brazil warns of potential public asset dissipation due to a billion-dollar loan proposal involving public properties as collateral for the Bank of Brasília.
With a low rating in fiscal management, DF will not have the Union's guarantee to take out a loan and reinforce BRB
The Federal District of Brazil is unable to secure a Union guarantee for potential loans to boost the Bank of Brasília due to a low payment capacity rating.
Sale, incorporation into assets, loan guarantee: know what BRB can do with the properties offered by Ibaneis
The government of the Federal District has proposed a law to transfer nine public properties to the Bank of Brasília to improve its financial situation after failed transactions.
BRB needs up to R$ 6.6 billion in loans, says DF government offering lots as collateral
The government of the Federal District announced that the Bank of Brasília (BRB) may require R$ 6.6 billion in loans to cover financial losses and is proposing public properties as collateral for the loan.
Government of the DF will replace the project that offers 12 public properties as collateral for a loan from BRB
The government of the Federal District is set to present a revised bill that offers 12 public properties as collateral for a loan from the Bank of Brasília, excluding certain areas of a natural park from the proposal.
BRB and GDF do not know how much the 12 properties that may guarantee the bank loan are worth
The Bank of Brasília and the Federal District's Economic Secretariat are unable to provide the valuations of 12 public properties that could serve as collateral for a significant loan.
DF Chamber discusses project offering 12 public properties as collateral for BRB loan
The DF Chamber is set to discuss a bill that would allow the government to use 12 public properties as collateral for a billion-dollar loan from the Bank of Brasília.
DF government wants to use public properties as loan guarantees to save BRB, investigated in Master case
The government of the Federal District seeks to use public properties as collateral for loans to rescue the Brasília Bank, which is under investigation for fraudulent activities.
BRB Loan: DF Chamber Halts Government's Intent and Will Only Discuss the Text on Tuesday
The DF Chamber plans to only discuss the proposal on Tuesday, halting the government's expectation for a swift vote on the BRB loan agreement.
Billion-dollar loan from BRB: see where the 12 properties that the GDF wants to use as 'collateral' are located
The government of the Federal District has proposed offering 12 public properties as collateral for a billion-dollar loan from the Bank of Brasília (BRB).
See which properties the GDF wants to offer as collateral for the BRB's billion-dollar loan
The government of the Federal District plans to offer 12 public properties as collateral for a billion-dollar loan from the Bank of Brasília (BRB).
DF Government wants to offer 12 public properties as collateral for BRB to secure loan
The District Federal government is preparing a bill to use 12 public properties as collateral for a billion-dollar loan from the Banco de Brasília (BRB).
FGC wants to share risk with banks in loan to BRB
The FGC aims to limit its liability in a loan to BRB to aid in the state bank's restructuring after significant losses from past operations.
Treasury authorizes BRB to sell loan portfolios guaranteed by the Union
Brazil's National Treasury has allowed the Bank of Brasília to sell loan portfolios backed by Union guarantees to improve liquidity amid the organization's financial struggles.