Record of Approval on an Absence of Objection Basis on August 5, 2026
Overview & Synopsis
On August 5, 2026, the Board of Directors approved on an absence-of-objection basis a modification to prior concurrence for Brazil, allowing Trade Finance Guarantees under the Banco do Brasil Trade Finance Guarantee Program to be issued in Pounds Sterling, Euro, and other eligible hard currencies in addition to United States dollars, as proposed in a Memorandum from the President. The decision expands the range of eligible currencies for guarantees under the program to better align with market needs and facilitate trade finance operations. Lailee Jane Moghtader wished to be recorded as abstaining.
Indexed from repository: World Bank Documents & Reports
(
documents.worldbank.org)
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Document Information
| Document Title | Record of Approval on an Absence of Objection Basis on August 5, 2026 |
|---|---|
| Author / Organization | World Bank |
| Subject & Discipline | Minutes |
| Categories | Economics & Development |
| Publication Year | 2026 |
| License / Rights | Creative Commons Attribution 4.0 (CC BY 4.0) |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
World Bank Documents & Reports
(documents.worldbank.org)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-38992 |
| Original Source Link | Visit Source Page on documents.worldbank.org » |