The Fundo Garantidor de Crédito (FGC) plans to take on a limited portion of a loan it may extend to the Banco de Brasília (BRB) in light of restructuring efforts following financial issues linked to the Master operations. This decision comes after the FGC previously absorbed up to R$ 46.9 billion to compensate investors impacted by the liquidation of Master and Will Bank, entities under the umbrella of businessman Daniel Vorcaro. The FGC's new approach involves a collaborative borrowing strategy with private banks, aiming to alleviate potential further financial burdens resulting from the Master operations.

Discussions regarding this financial strategy have been characterized by stakeholders as private and focused on building a manageable agreement that minimizes the FGC's exposure. The idea is to forge a consortium with banks wherein the FGC's contribution is matched by those from private financial institutions. This collaborative model not only aims to support BRB but also seeks to spread the financial risk across multiple stakeholders rather than placing the bulk on the FGC alone.

This strategy reflects the broader implications for the financial sector in Brazil, particularly in the context of government-backed institutions navigating crises. As the FGC considers its role in supporting BRB, the dynamics of public versus private financial responsibility come into sharper focus, raising questions about future regulatory frameworks and risk-sharing mechanisms in Brazil’s banking industry.