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2 results for “unclaimed funds”

Brazil's Central Bank Sweeps Billions in Unclaimed Funds to Fund National Debt Program
Investing• Aug 13

Brazil's Central Bank Sweeps Billions in Unclaimed Funds to Fund National Debt Program

Brazil authorized the transfer of R$5.7 billion in citizens' unclaimed funds to guarantee the "Desenrola Brasil" debt program, triggering a federal audit.

Brazil’s Central Bank Redirects ‘Forgotten Money’ to Fuel Federal Debt Relief Program
Investing• Aug 13

Brazil’s Central Bank Redirects ‘Forgotten Money’ to Fuel Federal Debt Relief Program

The Central Bank of Brazil transferred R$5.7 billion in unclaimed funds to back the 'Desenrola Brasil' debt renegotiation program.