MarketsNotableSingle-source
5.3
Brazilian financial sector posts 319 loss-making institutions; Digimais worst with R$581.4M H1 loss
Valor Econômico·BR·1 day ago
Banco Digimais, controlled by Edir Macedo, reported a net loss of R$581 million in H1 2025, versus a profit of R$42.1 million in the same period last year. The sharp swing suggests significant credit or operational deterioration, though details are limited. This is a notable financial reversal for a mid-sized Brazilian bank, but its systemic impact is likely low.