Brazil Central Bank orders liquidation of Banco Pleno following financial deterioration
Brazil's central bank shut Banco Pleno today due to poor liquidity and regulatory breaches. The move follows the collapse of Banco Master late last year.
Insights:
The Central Bank of Brazil announced on Wednesday, February 18, 2026, that it has ordered the extrajudicial liquidation of Banco Pleno. The regulatory body cited a significant deterioration in the bank's economic and financial situation, as well as multiple breaches of regulatory norms, as the primary reasons for the intervention. This move in Brazil 
BR immediately activates deposit-guarantee considerations for approximately 160,000 creditors who hold roughly 4.9 billion reais in deposits eligible for guarantee payments through the FGC (private guarantee fund).
BR immediately activates deposit-guarantee considerations for approximately 160,000 creditors who hold roughly 4.9 billion reais in deposits eligible for guarantee payments through the FGC (private guarantee fund).
