Itaú BBA - New non-earmarked loans and delinquency fell in May

Macro Brazil

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New non-earmarked loans and delinquency fell in May

junio 27, 2018

Average interest rates and spreads receded

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

The Brazilian Central Bank released today the credit figures for May. The daily average of new non-earmarked loans declined 1.0% mom/sa in real terms. Seasonally-adjusted delinquency in non-earmarked loans slipped 0.2 p.p. to 4.5%. In the earmarked segment, new loans expanded 7.7% and delinquency was stable at 1.7%. 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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