CAE approves an invitation to listen to Banco Master and BRB presidents

The Senate Economic Affairs Commission (CAE) on Tuesday (29), the Bank of BRASILIA (BRB), Paulo Henrik Costa, and the presidents of Master Bank, Daniel Vorkaro approved an application to invite the Bonco Master purchase by BRB.
The request was submitted by the Federal District Bench, which was set up by the Senators Damares Alves (Republicans) and Leela Barrows (PDT), and Senator Izalasi Lucas (PL).
“This case is causing a lot of fickle in the society. We understand that they will calm the society and bring the necessary explanations. We will take a step to clarify everything that is happening,” Damares said.
With the approval of the request, now the Commission president Senator Renan Calheros (MDB-AL), defining the date and guiding the trial.
In March this year, the board of directors BRB BANCO MASTER STOCK PURCHASE PURCHASE AND SOLD OUTAccording to a statement issued in the reality of the market.
BRB purchases 49% normal shares by the contract, 100% preferred, and as a result, 58% of the total capital of the master, confirming the vote on the board of directors.
Brazilia Bank Masters is paid equal to 75% of the equity to complete the transaction.
Last Wednesday (23), Federal District Court Rejected the ban on purchase Bank Master by Bonco BRB. The move was requested by Eduardo Arouzo de Souza, president of the Brasilia Banking Union.
According to the decision, the arguments used in the action are relevant, but not “supported by strong test” to reach the requested decision.
In the eyes of Kings, the feedback reports against the purchase are not sufficient, and the contradictory ones are not deep, “as well as considering the requests made in this constitutional action and the definition of ability due to the person.”
According to the Bank of Brasslia, the Master Merger Mergered Du Bonco BrbIn accordance with its strategy that strengthens in the financial market.
“The new prudential compound is” strengthening joint action in the market, banking products and services and services, security, payment routes and investment to individuals and legal organizations, national existence and regime structure and governance and regime, capital, liquidity, profitability and regulatory compliance are suitable for the quantity of new compound. “
The BRB predicts that the business will support the idea behind the operation, the completion of the business, access to special resources, strengthen its regime.
However, the companies manage their structures differently, share the rule, skill, synergy and strategic activity coordination.