RegAlert2025-09-16 | Instrução Normativa BCB 665Added
Normative Instruction BCB No. 665 of September 16, 2025
Normative Instruction BCB No. 665 amends Document 4 of the Manual of Rural Credit (MCR) by updating specific fields, filling instructions, and mathematical formulas for calculating insurance coverage under the Proagro program. The amendments introduce new definitions for coverage deductions based on equilibrium rates and risk, establish area verification fields for Zarc risk levels of 20%, 30%, and 40%, and define formulas for weighted average deductions and coverage adjustments. These changes apply to coverage requests for operations classified under Proagro starting from July 1, 2025, and align the MCR procedures with Resolution CMN No. 5,224 of June 6, 2025.
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Resolution No. 222
The current text of the MCR is available at the following electronic address:
www3.bcb.gov.br/mcr.
NORMATIVE INSTRUCTION
BCB No. 665, OF SEPTEMBER 16, 2025
Amends the MCR - Document 4 (Summary of Judgment and Review of Coverage Request), of the Manual of Rural Credit (MCR).
The Head of the Department of Regulation, Supervision and Control of Rural Credit and Proagro Operations (Derop), in the exercise of the powers conferred by art. 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023, and based on the provision of letter “m” of item 1 of Section 1 of Chapter 12 of the Manual of Rural Credit (MCR),
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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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