Rule · BCB · 1 Jul 2025 · Resolução CMN 5232
CMN Resolution No. 5,232 amends Article 3 of CMN Resolution No. 5,097 to establish a specific funding limit for the year 2025. It authorizes the BNDES to approve limits up to 2.50% of the resources transferred to it under Article 239, § 1 of the Federal Constitution for innovation and digitalization financing operations. Of this total, 1% is reserved exclusively for supporting investments and expenditures related to technological diffusion.
Resolution No. 5,232
CMN RESOLUTION NO. 5,232, OF JULY 1, 2025
Amends Article 3 of
CMN Resolution No. 5,097, of August 24, 2023, which defines the eligibility criteria for financing operations for innovation and digitalization with resources from the Worker Protection Fund – FAT transferred to the National Bank for Economic and Social Development – BNDES, through remuneration by the Reference Rate – TR.
The
Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31 1964, makes public that the National Monetary Council, in an extraordinary session held on June 30, 2025, taking into account the provisions of Article 4, caput, item VI, of Law No. 4,595, of December 31, 1964, and of Article 18-A, caput and sole paragraph, of Law No. 13,483, of September 21, 2017,
R E S O L V E D:
Art.
1º CMN Resolution No. 5,097, of August 24, 2023, published in the Official Gazette of the Union on August 25, 2023, shall enter into force with the following changes:
“Art. 3º ...................................................................................................................................
.................................................................................................................................................
§ 3º Exclusively for the fiscal year of 2025, the BNDES shall approve a limit of up to 2.50% (two and fifty hundredths percent) of the balance of resources transferred to it according to the provisions of Article 239, § 1, of the Federal Constitution for the operations treated in this regulation, with 1% (one percent) for exclusive use in support of investments and expenditures in technological diffusion, in the manner of Article 2, caput, item II, sub-item “d”, of this Resolution.” (NR)
Art.
2º This Resolution enters into force on the date of its publication.
GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil
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“Amends Article 3 of CMN Resolution No. 5,097, of August 24, 2023”
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