Itaú BBA - New non-earmarked corporate loans increase in June

Macro Brazil

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New non-earmarked corporate loans increase in June

July 27, 2018

The daily average of new non-earmarked loans climbed 1.6% mom/sa in real terms

For the version with all charts and tables, please open the attached pdf file 

The Brazilian Central Bank released today the credit figures for June. The daily average of new non-earmarked loans climbed 1.6% mom/sa in real terms. This performance resulted from a 3.9% lift in loans for non-financial corporations (after a 2.4% drop) and a 0.2% slide for households. In the earmarked segment, new loans fell 11.6% (after a previous 8.4% hike). Overall delinquency was stable at 3.2%. Average interest rates and spreads receded.

Rodrigo Tolentino

For the version with all charts and tables, please open the attached pdf file 



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