BRASILIA (Reuters) -Brazil's government unveiled a new real estate funding model on Friday that will eliminate mandatory reserve requirements at the central bank tied to savings accounts starting in January 2027. Until then, banks will continue to allocate 65% of savings deposits to housing loans, as currently required, the government said in a statement, but will be able to reduce compulsory deposits. (Reporting by Marcela Ayres; Editing by Mark Porter)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Oct 10 (Reuters) - RIF notices have begun at the Treasury Department, a sopkesperson said…
Philadelphia Eagles wide receiver A.J. Brown took to social media on Friday to clarify his…
Oct 10 (Reuters) - St. Louis Federal Reserve Bank President Alberto Musalem on Friday said…
Following is a summary of current sports news briefs. Ex-NBA star Paul Pierce arrested on…
* Group includes US, UK, Swiss, Japanese, Canadian lenders * Banks seeking to find their…
By Nora Eckert STANTON, Tenn (Reuters) -Stanton, Tennessee - population 450 - welcomed a massive…