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Tag: BANCO DO BRASIL

Business / Companies / economics

Brazil Introduces $352 Million in Payroll-Deductible Loans for Workers

April 3, 2025April 3, 2025 - by Maya Chowdhury - Leave a Comment

Brazil has launched $352 million in new payroll-deductible loans aimed at private sector workers, aiming to increase financial access and stimulate economic growth. The loans, with interest rates between 1.5% …

Brazil Introduces $352 Million in Payroll-Deductible Loans for Workers Read More
Business / Companies / economics

Brazil Implements New Payroll-Deductible Loan Regulations for Workers

March 12, 2025March 12, 2025 - by Maya Chowdhury - Leave a Comment

Brazil has introduced new rules expanding payroll-deductible loans for private-sector workers via a digital work card app, aimed at reducing debt and lowering interest rates. President Lula’s initiative seeks to …

Brazil Implements New Payroll-Deductible Loan Regulations for Workers Read More
Business / Companies

Brazilian Coffee Exporters Atlântica and Cafebras File for Bankruptcy

March 10, 2025March 10, 2025 - by Aisha Khoury - Leave a Comment

Atlantica and Cafebras, Brazilian coffee exporters within the Montesanto Tavares Group, have filed for bankruptcy due to a financial crisis marked by contract defaults and debt of 2.13 billion reais. …

Brazilian Coffee Exporters Atlântica and Cafebras File for Bankruptcy Read More
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