The Board of Directors of Banco de Brasília approved a change allowing partial homologation of the capital increase with the Central Bank in the first half of June.
The change announced on Wednesday (27/5) extends the preferential subscription period until June 3. Shareholders must report any cancellation or adjustment to subscription instructions within five business days.
The measure allows the cash reinforcement planned by the Federal District Government to be sent immediately to the Central Bank and generate regulatory effects without waiting until the end of next month.
BRB faces a crisis after acquiring false credit portfolios from Banco Master. An agreement at the Supreme Federal Court provides for a credit operation by the GDF with the Credit Guarantee Fund, with a second conciliation hearing scheduled for Thursday (28/5).
