Banco do Brasil to Cease Financing Defense Companies
The leading Brazilian bank, Banco do Brasil, has announced that it will no longer use its own resources to finance defense companies. This decision, which comes as a surprise to many, has significant implications for the country’s federal government, as Banco do Brasil plays a crucial role in guaranteeing exports for companies in the domestic industry.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!