Brasília – Corporate demand for credit was up 0.4% in November from October, according to an indicator from Serasa Experian. In November from a year ago, demand grew 0.3%. Year-to-date through November, demand for credit slid 1.7% from a year ago.
The growth was driven by 0.7% higher demand from large companies. Demand grew 0.2% among medium-sized companies and 0.4% among micro and small businesses. Year-to-date through November, corporate demand dropped the most among medium companies (-19.2%) and large ones (-14.1%). Demand from micro and small businesses was down 0.5% year-to-date through November.
*Translated by Gabriel Pomerancblum
