Justiça concede liminar que barra uso de terrenos públicos como garantia para empréstimo do BRB

A Brazilian court has issued an injunction blocking the use of public land as collateral for loans to Banco de Brasília (BRB), a state bank facing a financial crisis. The ruling challenges a recently sanctioned law by Governor Ibaneis Rocha that authorized nine public properties to back up to R$6.6 billion in market financing. BRB is also planning a major share issuance to raise capital, potentially increasing its social capital nearly fourfold.