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Brazil Clears Nubank to Buy a Bank License

Summary by The Rio Times
Brazil's central bank approved Nubank's purchase of Banco Porto Real, Nubank said on 13 November. The deal gives the NYSE-listed lender a bank license.

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المبيد المبال الال عبر Cedarnews.net. لمابعة البيد من البار والبارير العرية علورونا موعنا. The Nubank announced this Friday that the Central Bank approved the purchase of the الباري. الاباري. الالاع علن مين البار البر عر الاري. لابالاري. الالارية الارااااااااااالااااالالاالااالاالااااااااااااااااااااا اا ا ا ا اا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ي ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا ا …

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The Nubank has informed that it has received the approval of the Central Bank for the acquisition of the Banco Porto Real de Investimentos, announced in July, and will start counting on a bank license in Brazil. With this, it will comply with Resolution No. 17, which has established that only banks can use the bank or bank in the name. Until then, the Nubank operated with a financial license and another payment institution. In thirteen years, we…

·Rio de Janeiro, Brazil
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·São Paulo, Brazil
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Illustrative image Photo: PexelsBanco Central authorizes purchase of Banco Porto Real by company, which will have banking license in Brazil.

It is now official: the Nubank (NU) can be called a bank. The roxinho received the approval of the Central Bank for the acquisition of the Banco Porto Real de Investimentos S.A., announced in July, and will count on a bank license in Brazil. With this, the company will comply with the Joint Resolution No 17, of the Central Bank and [...]

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UOL broke the news in São Paulo, Brazil on Friday, November 13, 2026.
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