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2 results for “CNPS

CNPS Vote Looms on INSS Loan Rate Cap, Putting Brazilian Bank Net Interest Margins at Risk
PROInvestingJul 28

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.

INSS Consigned Rate Cap Reduction Looms, Pressuring Banks
PROInvestingJul 28

INSS Consigned Rate Cap Reduction Looms, Pressuring Banks

Brazil's Social Security Council (CNPS) will meet on August 4 to discuss lowering the 1.85% monthly interest rate cap on INSS consigned credit.