The president of Caixa Econômica Federal, Pedro Guimarães, announced on Thursday, 26, during President Jair Bolsonaro’s live, new measures to combat the effects of the coronavirus on the economy. In addition to reducing interest on overdraft and card installments, the bank also made available another R $ 33 billion in credit lines, totaling R $ 111 billion, as Estadão / Broadcast. Another R $ 78 billion had already been announced last week.
The new resources will be transferred to lines such as working capital, purchase of portfolios, to Santas Casas, in addition to agricultural credit. “We are releasing a total of R $ 60 billion in working capital, especially for small and micro companies, R $ 40 billion in the purchase of portfolios, R $ 5 billion for Santas Casas and R $ 6 billion for agriculture”, he detailed Guimarães, who participates in President Bolsonaro’s weekly live, with a mask on his face.
On the side of the reduction of interest, he announced that the rate of overdraft fell from 4.9% to 2.9% per month for customers who receive a salary at Caixa. Since taking charge of the public bank at the beginning of last year, Guimarães has been focusing on the topic. The overdraft in Caixa had interest of 14% per month and had already been reduced in two movements.
The executive also informed that the interest rate for the credit card bill installment payment, which is on average 7.7% per month, will start at 2.90% per month, a reduction of 62.3%. The special conditions of the modalities, according to the bank, will be valid for 90 days from April. Other lines such as working capital, for hospitals such as Santa Casa, direct consumer credit and pledge also had a reduction in interest rates.