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Outstanding loans in Brazil rise in February

Loans to households grew by 11.3% y/y in February, supported by the segments of personal credit, vehicle purchases and debt renegotiation.
Loans to households grew by 11.3% y/y in February, supported by the segments of personal credit, vehicle purchases and debt renegotiation.
Loans to households grew by 11.3% y/y in February, supported by the segments of personal credit, vehicle purchases and debt renegotiation.
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30th March 2021

The outstanding amount of loans in Brazil soared by 16.1% y/y in February to BRL 4.047bn, equivalent to 54% of GDP, according to Central bank data.

Loans to households grew by 11.3% y/y in February, supported by the segments of personal credit, vehicle purchases and debt renegotiation.

Loans to households grew by 11.3% y/y in February, supported by the segments of personal credit, vehicle purchases and debt renegotiation.

Loans to non-financial companies surged by 22.9% y/y in the second month of 2021, reflecting higher demand for working capital compared to the same time in 2020.

Further data and analysis on Brazil’s economy is available on the CEIC Brazil Economy in a Snapshot – Q1 2021 report.

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Brazil
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30th March 2021 Outstanding loans in Brazil rise in February