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2 results for “municipal credit”

Fictor Group Ex-Payroll Unit Expands Despite Parent Bankruptcy
Markets• 2h ago

Fictor Group Ex-Payroll Unit Expands Despite Parent Bankruptcy

Former payroll loan arm 3RP Consignado expands municipal business in Brazil while parent Grupo Fictor faces a $730 million bankruptcy.

Brazil’s Federal Government Faces R$354.8 Billion Contingent Fiscal Risk from State Debt Guarantees
Politics• Sep 30

Brazil’s Federal Government Faces R$354.8 Billion Contingent Fiscal Risk from State Debt Guarantees

A massive R$354.8 billion stock of federal guarantees for state and municipal credit operations represents a major contingent liability and ongoing fiscal risk for Brazil.