Regulatory Alerts2020-04-06 | Resolução CMN 4798CMN Resolution No. 4798 - Establishes Special Credit Line with Constitutional Financing Fund Resources for Covid-19 Calamity
The National Monetary Council, through the Central Bank of Brazil, established a special credit line using Constitutional Financing Funds (FNO, FNE, FCO) to support productive sectors in municipalities declared in a public health calamity due to Covid-19. The resolution suspends loan installments for up to 12 months for eligible non-rural operations affected by the crisis and sets specific financing limits, interest rates, and repayment terms. Administrators are required to prioritize digital contracting and report total credit volumes and suspended operations within 60 days of the resolution's expiration.
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