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Brazil credit default rate hits 4.9% in July, highest since 2011
Valor Econômico·BR·1 day ago
Grupo Casas Bahia's board authorized a guarantee exceeding R$ 50 million to support Banco Digio's customer credit portfolios. The move includes an amendment to the endorsement agreement regarding the acquisition price methodology for credit rights, signaling ongoing efforts to manage liquidity and credit exposure.