27 March 2020 – Exempted banks from making additional provisions for performing loans refinanced in next six months

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Financial markets and monetary policy
Sectors Involved: Business support
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Banco Central Do Brasil exempted banks from making additional provisions for performing loans that are refinanced during the next six months.
Full details here: https://www.bcb.gov.br/en/pressdetail/2322/nota