Unwind Brazil: banks have already renegotiated more than R$ 8 billion in debt, says Febraban

[ad_1]

Between July 17th and August 11th, more than 1.2 million contracts were negotiated, in debts totaling R$ 8.1 billion. Banknotes of real in the hands of a person. banknotes, money, reais, dollars, quotation, exchange, value, economy. -HN- Marcos Santos/USP Images Banks have already renegotiated 1.296 million contracts in four weeks, since the beginning of the Desenrola Brasil program, on July 17, informed the Brazilian Federation of Banks (Febraban) this Wednesday (16). According to the federation, BRL 8.1 billion were negotiated exclusively by Tier 2 – which focuses on resolving the debts of individuals with negative debts until December 31, 2022 and income of up to BRL 20,000. In total, around 985 thousand customers benefited. Membership in the program will run until December 31 of this year. The “Desenrola Brasil” program is a campaign promise of President Luiz Inácio Lula da Silva (PT). It was created to promote a collective effort to renegotiate the debts of individuals. The central idea is to remove people from the negative list and resume the consumption potential of the population. Unroll: see questions and answers about the debt renegotiation program G1 in 1 Minute: First day of Unroll and New law in French city Still according to the federation, financial institutions cleared the name of about 5 million customers they had bank debts of up to R$100 — a counterpart to banks’ participation in the program. This means that, if the debtor had no other outstanding debts, he would have a “clean name” in the credit protection systems. Initially, the Ministry of Finance projected that 1.5 million people could be covered by this measure, but the goal was surpassed in the first week of Desenrola. It is worth remembering, however, that denegativation does not mean forgiveness. The debt will continue to exist, but the banks undertake not to include debtors in the negative register. “The numbers from Desenrola speak for themselves and are a great satisfaction for everyone, banks, government and society. The great adhesion and interest in the program in Track 2 are a sample of what will come in September, with Track 1”, evaluates the president of Febraban, Isaac Sidney. Desenrola Brasil: is it worth renegotiating debts in the government program? Febraban also informed that each bank has its own business strategy, “adopting its own policies for joining the Program”. “The conditions for renegotiating debts, at this stage, will be differentiated and it will be up to each financial institution that joins the program to define them”, the federation said in a note.

[ad_2]

Source link