The Bank of Brasília (BRB) and the Economic Secretariat of the Federal District have not yet disclosed the estimated values of 12 public properties that are being considered as collateral for a billion-dollar loan the bank intends to take out. According to a statement from BRB, these properties are set to undergo independent technical evaluation by qualified experts using recognized methodologies. The bank highlighted that at this stage, it is impossible to estimate the total value of the assets, as pricing will depend on market conditions and may involve premiums or discounts based on investor interest.

Efforts to obtain information from the Economic Secretariat regarding the property values have so far been unsuccessful. The g1 has reached out for comments but has not received a response before the latest update of the report. On the other hand, Terracap, the company responsible for the management of these properties, confirmed that the provision of guarantees for leveraging operations aimed at capitalizing the Bank of Brasília has been structured by the Government of the Federal District, the controlling shareholder of the company.

The uncertainty around the valuation of these properties raises concerns about the implications for the loan process and the overall financial strategy of the BRB. Transparent valuation is crucial for ensuring investor confidence and ensuring that the loan, which is significant in size, is effectively backed by adequate collateral. The forthcoming evaluations could play a key role in determining the bank's financial positioning and future operations.