Mercadante assures that BNDES will not be negligent in the Americanas case.
The Bank President added that he is discussing a set of measures to address risk aversion and credit problems.
RIO DE JANEIRO (Reuters) - The president of the National Bank for Economic and Social Development (BNDES), Aloizio Mercadante, guaranteed this Thursday that the institution will "never" be silent in the Americanas case, and said that he has already spoken with the Brazilian Federation of Banks (Febraban) about the crisis at the retailer.
Mercadante added that he is discussing a set of measures to address the situation. risk aversion and credit problemsHe said that it is necessary to strengthen the retail sector and the country's economy as a whole.
"We were included in Febraban and we are discussing a set of measures to address this risk aversion and some localized credit problems. And to strengthen retail and the economy in general," Mercadante said at an event in Rio de Janeiro.
When questioned, he added that BNDES would "never" be passive or negligent in the Americanas case, which filed for bankruptcy protection after the revelation of an accounting fraud.
In February, Mercadante He said that BNDES would not put money into Americanas, but that it could offer credit to the retailer's suppliers.At the time, he mentioned potential talks with Febraban and the Ministry of Finance.