RIO DE JANEIRO, BRAZIL - Banco do Brasil (BB) president Fausto Ribeiro said Monday on his social networks that the institution has surpassed the unprecedented mark of R$100 (US$19.3) billion in rural credit disbursements in the 11 months of the 2020/21 crop. Market leader, BB also surpassed the R$200 billion mark in the agribusiness client portfolio recently.
The result was achieved due to two consecutive monthly disbursement records in April (more than R$11 billion) and May (over R$12 billion). The mark was reached at a time when the hiring of operations with interest equalization . . .
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