RegAlert2024-09-13 | Resolução CMN 5173Added
CMN Resolution No. 5173 — Amends the Rural Credit Manual to Authorize Renegotiation of Rural Credit Operations in Flood-Affected Municipalities of Rio Grande do Sul
CMN Resolution No. 5173 amends Section 7 of Chapter 3 of the Rural Credit Manual (MCR) to authorize financial institutions, at their discretion, to automatically extend the maturity of principal and interest installments for rural credit operations. This extension applies to funding, investment, and industrialization loans due between May 1 and October 29, 2024, for enterprises located in municipalities in the state of Rio Grande do Sul that had a state of emergency or public calamity declared by July 31, 2024, due to floods or related events between April 1 and May 31, 2024. Borrowers must request the extension from the financial institution by October 15, 2024.
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The current text of the MCR is available at the following website: www3.bcb.gov.br/mcr.
CMN RESOLUTION NO. 5,173, OF SEPTEMBER 13, 2024
Amends Section 7 (Transitional Rules) of Chapter 3 (Operations) of the Rural Credit Manual – MCR to authorize the renegotiation of rural credit operations in municipalities in the state of Rio Grande do Sul affected by floods, waterlogging, heavy rains, flash floods, gales, landslides, or inundations.
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 September 13, 2024, based on Articles 4, caput, item VI, of Law No. 4,595, of December 31, 1964, Articles 4 and 14 of Law No. 4,829, of November 5, 1965, and Articles 5 and 6 of Law No. 10,186, of February 12, 2001,
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Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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