CMN Resolution No. 5,220 — Authorizes Extension of Payment Terms for Agricultural Operating Credit Operations Contracted by Rural Producers

The current text of the MCR is available at the following electronic address: www3.bcb.gov.br/mcr.

RESOLUTION
CMN NO. 5,220, OF MAY 29, 2025

Authorizes the extension of the payment term for agricultural operating credit operations contracted by rural producers.

The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on May 29, 2025, considering the provisions of Art. 4, caput, item VI, of Law No. 4,595, of December 31, 1964, and Art. 5 of Law No. 10,186, of February 12, 2001,

R E S O L V E D:

Art. 1 The Section 6 (Reimbursement) of Chapter 2 (Basic Conditions) of the Manual of Rural Credit – MCR shall enter into force with the following changes:

“11 - The financial institution, at its discretion and in cases where temporary difficulty for credit reimbursement is proven due to the situations foreseen in item 4, may renegotiate agricultural operating credit operations contracted under the National Program for Support to Medium-Sized Rural Producers – Pronamp, provided that the financial institution attests to the need for extension and demonstrates the borrower's repayment capacity, observing the following specific conditions:

a) for financing contracted with mandatory resources, the provisions of item 4 apply;

b) for financing contracted with financial charge equalization by the TN, which are not included in Proagro, Proagro Mais, or which have had partial indemnification of losses by these programs or by rural insurance, observing the provisions in MCR 2-1-10, or in the case of losses from causes not covered by Proagro or Proagro Mais or by rural insurance, the operations must be previously reclassified, by the financial institution, to mandatory resources or another non-equalizable source; and

c) for the operations referred to in item “b”, when there is no possibility of reclassification, the extension is limited, in each financial institution, to up to 8% (eight percent) of the balance of the installments of Pronamp operating operations contracted with financial charge equalization by the TN scheduled to mature in the year, provided that:

I - the extended values must be compensated in the current and subsequent agricultural years; and

II - up to 100% (one hundred percent) of the balance of the operating operation owed by the borrower in the year may be extended for up to 36 (thirty-six) months.” (NR)

“12 - In the renegotiations referred to in item 11:

a) the operations to be renegotiated, when contracted with mandatory resources or with equalization, must be maintained with the existing contract conditions;

b) financial institutions must prioritize producers with greater difficulty in making full payment of the installments within the established terms;

c) when the operations are carried out with the equalized resources passed on:

I - by federal public banks to credit cooperatives, it is incumbent upon them to control the operations and provide information to the Treasury Secretary – STN; and

II - by the
National Bank for Economic and Social Development – BNDES to financial institutions accredited to it, it is incumbent upon the latter to control the operations and provide information to the STN;

d) the request for renegotiation must be accompanied by technical information that allows the financial institution to prove the situation that generated the temporary difficulty for credit reimbursement, its intensity, the percentage of income reduction caused and the estimated time for income to return to the level foreseen in the credit project;

e) borrowers must request the renegotiation of the operation by the date scheduled for the respective payment;

f) the formalization of the renegotiation must be carried out by the financial institution within 30 (thirty) days after the maturity of the respective operation; and

g) if there is no request for renegotiation within the period set forth in item “e”, according to the source of resources backing the operation, the renegotiation may be carried out under the terms of MCR 2-6-7, observing the provisions in MCR 2-6-8 and MCR 2-6-9.” (NR)

“13

• The provisions of items 11 and 12 apply to the renegotiation of agricultural operating credit operations contracted by other rural producers, observing that, in the case of operations that include financial charge equalization by the TN, the renegotiation is limited, in each financial institution, to up to 8%
  (eight percent) of the balance of the installments of operating operations contracted with equalized resources scheduled to mature in the year.” (NR)

Art. 2 The Section 7 (Transitional Rules) of Chapter 3 (Operations) of the MCR shall enter into force with the following changes:

“19 - Exceptionally in the year 2025, for financial institutions that, in the 2024/2025 agricultural year, have been authorized to operate with resources equalized by the National Treasury and that have directed more than 90% (ninety percent) of the volume of these resources to application in agricultural credit operations in the state of Rio Grande do Sul, the percentages for renegotiation to be applied on the balance of installments maturing in 2025, in each of the credit lines to which they refer, will be:

a) in item
“c” of MCR 2-6-11 and in MCR 2-6-13: 17% (seventeen percent);

b) in item
I of item “f” of MCR 10-1-25: 20% (twenty percent); and

c) in item
“b” of MCR 11-1-4: 23% (twenty-three percent).” (NR)

Art. 3 The Section 1 (General Provisions) of Chapter 10 (National Program for Strengthening Family Agriculture – Pronaf) of the MCR shall enter into force with the following changes:

“25 -
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c) for operating financing contracted with financial charge equalization by the TN, which are not included in Proagro, Proagro Mais, or which have had partial indemnification of losses by these programs or by rural insurance, observing the provisions in MCR 2-1-10, or in the case of losses from causes not covered by Proagro or Proagro Mais or by rural insurance, and provided that there is no possibility of reclassification as per item "b":

.......................................................................................................................................” (NR)

Art. 4 This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil