2026-07-03 | Resolução CMN 5325Added · Updated
The National Monetary Council, through the Central Bank of Brazil, established a new reimbursable credit line for compliant beneficiaries of the Student Financing Fund (Fies), as per Provisional Measure No. 1,373. This credit line supports entrepreneurial activity for natural persons and working capital for legal persons, with financial charges up to 8.94% p.a. for financial institutions and 2.06% p.a. for Union resources. Repayment terms are up to 60 months for natural persons and 96 months for legal persons, including grace periods, and the line will be operated by Banco do Brasil and Caixa Econômica Federal.