The recent extrajudicial liquidation of Banco Pleno, decreed by the Central Bank of Brazil, increases the total amount that the Credit Guarantee Fund (FGC) will need to reimburse related to the Master case to R$ 51.8 billion. This figure, which includes funds from various banks, signifies a considerable financial burden on the FGC and highlights potential systemic risks in the financial sector.

Banco Pleno reportedly has about 160,000 clients with eligible Certificates of Deposit (CDBs) worth approximately R$ 4.9 billion. This amount adds to the existing obligations of R$ 40.6 billion from Banco Master and R$ 6.3 billion from Will Bank, indicating a significant impact on the FGC considering the total liabilities. The situation underscores the challenges faced within the banking industry in Brazil, where financial institutions struggle to maintain stability amidst regulatory constraints and market fluctuations.

Additionally, the Central Bank had previously restricted Banco Pleno from issuing new certificates as part of its financial policies, which likely contributed to its liquidity issues. The scenario raises questions about the robustness of the regulatory framework governing banks in Brazil, especially in light of the escalating claims against the FGC. The emerging financial landscape will require close monitoring to prevent further distress in the sector and protect the interests of depositors and the financial system at large.