Brasília – The volume of financial system credit reached 1.241 trillion reals (US$ 561 billion) in March, a value that corresponds to 42.5% of the Brazilian Gross Domestic Product (GDP). The figures were disclosed today (23) by the Central Bank (BC). In February, the total corresponded to 41.8%.
"The credit operations of the financial system, after posting stability in February, returned to growth in March, with positive evolution in financing," according to the BC report.
*Translated by Mark Ament
