Government publishes resolution establishing interest rate of 1.97% for INSS payroll loans

[ad_1]

National Council of Social Security approved rate on Tuesday (28). Previous reduction, to 1.70%, made banks suspend loan modality. Social Security Building Marcelo Casal Jr/Agência Brasil The federal government published a resolution that establishes an interest rate of 1.97% for payroll loans for INSS retirees and pensioners. The measure was published in an edition of the Official Gazette this Thursday (30). Share on WhatsApp Share on Telegram The National Social Security Council (CNPS) approved the rate on Tuesday (28). The decision was taken after President Lula defended this value. Before, the collegiate had reduced the rate from 2.14% to 1.70% per month, creating an impasse and causing banks to suspend the loan modality. The Ministry of Social Security advocated a rate below 1.90%, while private banks wanted a rate of 1.99%. The CNPS also approved the rate of 2.89% for the payroll credit card. The measure was also published in the Official Gazette this Wednesday. Míriam Leitão on payroll: Important credit line for those who need it Impasse On March 13, the collegiate decided to lower the interest limit practiced in conventional payroll operations for beneficiaries from 2.14% to 1.70% per month. The measure, which came into effect on March 15, led banks – including public ones – to suspend the loan modality. Financial institutions stated that, with the new ceiling, they were unable to afford the costs of attracting customers. Faced with the suspension, the government decided to review the reduction. In an interview, the Minister of the Civil House, Rui Costa, said that the maximum rate would be raised, to a level below 2%. The banks proposed a limit rate between 1.99% and 2.01%. According to the Brazilian Federation of Banks (Febraban), a ceiling at these levels would cover the costs of operating the payroll of retirees and would allow the return of operations. VIDEOS: Economy news

[ad_2]

Source link