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Fitch downgrades Brazil's BRB to 'CC' from 'CCC'; withdraws all ratings

Apr 20, 2026 at 5:36 PM EDT · Issued by BRB Banco de Brasilia SA

On 6ix: 6ix.com/news/fitch-downgrades-brazils-brb-to-cc-from-ccc-withdraws-all-ratings

  • FITCH DOWNGRADES BRB'S LONG-TERM IDR TO 'CC'; WITHDRAWS ALL RATINGS

BRB Banco de Brasilia SA on 6ix

Earlier from BRB Banco de Brasilia

  • Brazil arrests former BRB head in Banco Master probe, sources sayApr 16
  • Brazil lender BRB receives $3 billion offer for Master assets, says governorApr 10
  • Brazil's BRB says it plans up to 8.8 billion real capital increaseApr 1
  • Brazil's BRB says it will postpone Q3 and Q4 earnings releaseMar 31
  • Brazil's Galipolo says lender BRB issue needs action from Federal District GovernmentMar 26

Later from BRB Banco de Brasilia

  • BRB signs agreement with Quadra Capital to sell assets linked to Banco Master worth $2.9 billionApr 21
  • Brazil's BRB raises $604 million in FGC‑backed bond saleApr 22
  • Brazil's BRB crisis may be resolved through loan from guarantee fund, minister saysMay 26
  • Brazil's government, federal district agree on BRB loan dealMay 28
  • Brazil prosecutors serve warrants on lenders PicPay, BRB in payroll fraud probeJun 19
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