Banks in Rio Could Close Soon to Prevent Spread of Coronavirus

Banks in Rio de Janeiro may close soon, to prevent the Coronavirus from spreading even more. A number of bank managers are talking to customers to update electronic access to their accounts.

RIO DE JANEIRO, BRAZIL - By Wednesday afternoon, March 18th, branches all over the city of Rio were operating regularly, although the flow of customers was below average.

In the midst of the Coronavirus crisis, the country's main banks announced this week that they will be deferring the payment of debts for 60 days, both for individuals and for micro and small-sized companies.

The banking institutions' goal is to help the Brazilian economy in this early stage of coronavirus cases in the country and was jointly announced by Banco do Brasil (Bank of Brazil), Bradesco, Caixa Econômica Federal . . .

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