Investor Presentaiton
Annual Report
AR
2022
SUMMARY
WHO WE
ARE
OUR
STRENGTH
AND
OUR
RESOURCES
OUR
RESULTS
Agenda BC#
Digital services to citizens
As part of the Plano de Transformação Digital, the BCB
offers a range of digital services to citizens registered on
the gov.br portal. For demands that involve confidential
information, access (login) can now be done through
the gov.br Account, which allows users to access other
electronic services of the Federal Executive Branch.
In addition, a module was added allowing users to evaluate
their satisfaction with these services. The BCB's efforts
to protect privacy and personal data are noteworthy,
including the publication of its Privacy Policy and Terms of
Use for Digital Services. Also, information on authorization
processes related to the operation of institutions in the
SFN, the SPB, and the Consortium System were gathered
on a separate page, with the aim of making it easier for the
public to access.
Regulation improvement in Proagro
Proagro is a federal government program that guarantees
the payment of rural loans in case of crop damage caused by
adverse climatic events or by pests and diseases impossible
to be controlled, as described in the chapter "Our Strengths
and Our Resources". Proagro is managed by the BCB and
regulated by the CMN.
Some initiatives contributed to increasing the efficiency of
Proagro for the 2022-2023 agricultural year. Percentages
of coverage have been adjusted with the purpose of
rebalancing expenses after the increase in sinistrality
observed in recent years. In addition, a new method will
provide agility in processing coverage requests when loss
events result in an accumulation of such requests or appeals
to financial institutions. These initiatives, combined with
the deployment of new functionalities in the System of
Rural Credit Operations and Proagro (Sicor), will enable a
reduction in the period for producers to receive indemnities.
One point to be highlighted is the continuation of the
agreement that provides for the transfer of Proagro
funds to the Brazilian Agricultural Research Corporation
(Embrapa). Such funds support research oriented to the
improvement of the Agricultural Risk Climate Zoning
(Zarc), which mitigates risks to crops covered by Proagro.
This investment seeks to increase the efficacy of Zarc,
which in turn contributes to improving the efficiency of
Proagro expenditures.
In 2022, Proagro regulation was updated. The norm, which
goes into effect in January 2023, makes it clear that a
Proagro agent is responsible for monitoring and inspecting
operations covered by the program. The regulation also
strengthens the autonomy of the agent in determining the
procedures to be adopted, provided that such procedures
are effective and that the criteria and methods used are
consistent, verifiable, and may be assessed by the BCB.
This norm also extends from 45 to 90 calendar days the
deadline for a Proagro agent to analyze and judge indemnity
requests. It also simplifies procedures in exceptional cases
that impede a regular processing of such requests. In
these cases, the regulation allows the agent to conclude
the analysis and judgment after regular deadlines without
having to ask for the BCB's authorization.
Disclosure of rural credit operation data in the
BCB's website
Operations funded with earmarked resources make roughly
60% of total rural credit operations. Earmarked resources
in rural credit are those whose contracting conditions,
such as amounts, interest rates, warranties, and terms,
are regulated by the federal government. Data on such
operations are now being published in the BCB's website.
The goal is to provide as much transparency as possible
to rural credit and Proagro operations registered in Sicor.
Microdata on operations funded by non-earmarked or by
mandatory resources are also made public, excluding data
covered by banking secrecy.
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