Financing for financial institutions reached USD 7.8 billion through July. Amount borrowed by consumers has also increased.
Browsing: loans
Loans made by Brazil’s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.
Volume of loans grew by 5.5% last year, according to Brazilian Central Bank.
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.