The Central Bank of Brazil announced on February 18, 2025, the liquidation of Banco Pleno, which was part of the troubled Master Group. This decision marks the fourth liquidation process since the Master Group's financial crisis became public in late 2025. The announcement was made during the Carnival holiday and came just before the financial market opened, reflecting the urgency of the situation. Alongside Banco Pleno, the Central Bank also liquidated Pleno Distribuidora de Títulos e Valores Mobiliários, indicating a broadening of the crisis within the financial conglomerate brand.

The Central Bank cited a critical decline in the economic and financial conditions of Banco Pleno as the primary reason for the liquidation. The institution had suffered from liquidity issues that rendered it incapable of meeting daily obligations, such as customer withdrawals. The bank originally operated under the name Voiter and was part of the Master Group until it was acquired in June 2025 by Augusto Lima, a former associate of the group’s owner, Daniel Vorcaro. The renaming to Banco Pleno did not stabilize its fortunes, as it succumbed to financial pressures shortly after the acquisition.

This liquidation impacts approximately 160,000 clients who collectively invested nearly R$ 5 billion in the bank. The Central Bank's actions highlight ongoing concerns regarding the stability of institutions within the Master Group, prompting greater scrutiny and regulatory oversight in the Brazilian financial sector. As these liquidations continue, the implications for investor confidence and the future of other entities in similar distress remain uncertain, indicating potential ripple effects in Brazil's overall banking landscape.