The Central Bank of Brazil has decreed the extrajudicial liquidation of Banco Pleno S.A. and extended the special regime to Pleno Distribuidora Títulos e Valores Mobiliários S.A., both part of the Pleno prudential conglomerate. The conglomerate is classified as small and falls within the S4 segment of Brazil’s prudential framework, with Banco Pleno as the lead institution. It represents 0.04% of total assets and 0.05% of total funding in the National Financial System. The liquidation was based on a deterioration in the institution’s economic and financial condition, including worsening liquidity, as well as breaches of applicable rules and non-compliance with Central Bank determinations. The Central Bank indicated it will continue to take measures to establish responsibilities, which may result in administrative sanctions and referrals to competent authorities where legally applicable. Under the law, the assets of the institution’s controllers and managers become unavailable.
Central Bank of Brazil 2026-02-18
Central Bank of Brazil orders extrajudicial liquidation of Banco Pleno and extends special regime to Pleno DTVM
The Central Bank of Brazil ordered the extrajudicial liquidation of Banco Pleno S.A. and extended a special regime to Pleno Distribuidora Títulos e Valores Mobiliários S.A. due to financial deterioration and regulatory breaches. The Pleno conglomerate, classified as small within the S4 segment, holds 0.04% of total assets in Brazil's financial system. The Central Bank will pursue further actions, potentially leading to administrative sanctions and legal referrals.