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Banco do Brasil mulls loan to Rio de Janeiro -source
January 11, 2017 / 10:01 PM / a year ago

Banco do Brasil mulls loan to Rio de Janeiro -source

BRASILIA, Jan 11 (Reuters) - Brazil’s state-run lender Banco do Brasil is considering offering a loan to the cash-strapped government of the Rio de Janeiro state, in an operation that may include other banks, a Banco do Brasil source told Reuters on Wednesday.

The loan could be given under the condition that the Treasury offers guarantees to Banco do Brasil, the source said. (Reporting by Alonso Soto; Editing by Chris Reese)

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