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BRA M: Bank of Brazil and CBV might continue cooperation!

Sesi and Sada Cruzeiro protesting against CBV

Sesi and Sada Cruzeiro protesting against CBV

Bank of Brazil has been the general sponsor of the Brazilian Volleyball Federation since 1991, but has recently decided to break a contract due to the volleyball corruption scandal. The Bank stopped every payment for December 2015 and January 2015, but decided to give another chance to the Volleyball Federation.

If two sides reach an agreement than The Bank of Brazil will continue to fulfill contract obligations regularly until the 2017 when the contract will end.   

 

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