PRO articleSmall Caps

BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal

Banco de Brasília (BRB) is implementing capitalization measures to cover a large loss provision tied to R$12B in alleged fraud with Banco Master.

By Tom Becker

Published
BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal
4300streetcar / Wikimedia Commons (CC BY 4.0)

Banco de Brasília (BRB) is implementing capitalization measures to cover a large loss provision tied to R$12B in alleged fraud with Banco Master.

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