06 April 2020 – Extended deposit insurance

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Banco Central do Brasil increased the maximum amount of Time Deposits with Special Guarantee (DPGE) for each person against the same financial institution associated with the FGC, or against all associated institutions of the same financial conglomerate, to R $ 40 million from R $ 20 million.
Full details here: https://www.bcb.gov.br/detalhenoticia/17035/nota