Brazil 's Senate has agreed to provisionally allow state-run banks Banco do Brasil and Caixa Economica Federal and its subsidiaries to buy stakes in other companies until Wednesday ; the measure now needs to be sanctioned by President Sandra Maler . BRASILIA, March 2 (Reuters) - On another note, Banco has warned that Brazil 's decision to increase lending through state-owned banks, such as Moody's do Brasil and Caixa Economica Federal, could increase their asset quality risk and increase risk to creditors.
Brazil 's Senate has agreed to provisionally allow state-run banks Banco do Brasil and Caixa Economica Federal and its subsidiaries to buy stakes in other companies until Wednesday ; the measure now needs to be sanctioned by President Sandra Maler . On another note, Banco has warned that Brazil 's decision to increase lending through state-owned banks, such as Moody's do Brasil and Caixa Economica Federal, could increase their asset quality risk and increase risk to creditors.