Brazil judge clears Federal District to boost BRB capital with real estate deals

ReutersMar 17, 2026 11:56 PM

SAO PAULO, March 17 (Reuters) - A Brazilian judge has overruled a previous court decision that had blocked Brazil's Federal District from using real estate deals to inject capital into the lender BRB BSLI3.SA, a court decision showed on Tuesday.

The judge said the previous ruling could have violated the economic administrative order of the Federal District, which is the controlling shareholder of BRB.
A court decision on Monday had initially blocked the Federal District from using real estate to inject capital into BRB through sales, ownership transfers, or by using real estate as collateral in financial deals.
BRB is seeking funds to address losses tied to allegedly fraudulent credit portfolios bought from lender Banco Master, which was shuttered in November amid severe liquidity challenges.

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