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CNPS Vote Looms on INSS Loan Rate Cap, Putting Brazilian Bank Net Interest Margins at Risk

Brazil’s CNPS will vote on cutting the INSS payroll loan rate cap, a move that could directly squeeze the Net Interest Margin of major banks.

By Diane Cole

Published
CNPS Vote Looms on INSS Loan Rate Cap, Putting Brazilian Bank Net Interest Margins at Risk
Illustration — BRZ.news

Brazil’s CNPS will vote on cutting the INSS payroll loan rate cap, a move that could directly squeeze the Net Interest Margin of major banks.

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