The state-owned oil company has paid a BRL 2 billion (USD 540 million) debt with Banco do Brasil, which had a 2020 due date.
Browsing: credit
Only 5% of households had debt in arrears for over 90 days last August in Brazil, the Brazilian Central Bank reported.
The credit line will finance reforms for private investments promotion, small businesses, social program and alternative energy.
Loans made by Brazil’s state-run BNDES amounted to slightly over USD 5.5 billion in Q1, but approvals were up 11%.
