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2 results for “crédito consignado

Rejected Plea Deal Alleges Bolsonaro and Tarcísio Campaign Kickbacks for Payroll Loan Exclusivity
PoliticsSep 19

Rejected Plea Deal Alleges Bolsonaro and Tarcísio Campaign Kickbacks for Payroll Loan Exclusivity

Ex-banker Daniel Vorcaro alleged in a rejected plea deal that R$5 million in 2022 campaign donations to Jair Bolsonaro and Tarcísio de Freitas were kickbacks tied to a lucrative payroll loan contract in São Paulo.

Brazil Locks INSS Payroll Loan Cap at 1.85% Until Selic Hits 10.5%
PROPoliticsAug 04

Brazil Locks INSS Payroll Loan Cap at 1.85% Until Selic Hits 10.5%

Decision stabilizes credit margins for major Brazil banks like Itaú and Bradesco, tying future rate cuts to aggressive BCB easing.