Brazil Loan Loss Provision: Financial System
Brazil Loan Loss Provisions: Financial System: National Private Financial Institutions
Loan Loss Provisions: Financial System: National Private Financial Institutions data was reported at 7.400 % in May 2019. This records a decrease from the previous number of 7.500 % for Apr 2019. Loan Loss Provisions: Financial System: National Private Financial Institutions data is updated monthly, averaging 6.900 % from Mar 2000 (Median) to May 2019, with 231 observations. The data reached an all-time high of 9.400 % in May 2017 and a record low of 5.100 % in Sep 2008. Loan Loss Provisions: Financial System: National Private Financial Institutions data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Monetary – Table BR.KAB010: Loan Loss Provision: Financial System. Brazilian Central Bank has made changes in methodology of Financial System Credit Data in February of 2013 after 13 years following the same methodology. These changes are necessary face the expansion of credit, favored by the improvement of the indicators of employment and income, continuous and sharp reduction of the interest rates and by important institutional advances. It is essential the availability of new information, in particular, which allows more detailed monitoring of credit arrangements with targeted resources, especially real estate financing, whose dynamism has contributed to reducing the housing deficit in the country. The main change includes coverage of data on concessions, interest rates, terms and default rates that were extended to the segment of directed credit and also became necessary to further detailing the statistical framework, to enable identification of the terms most relevant as well as reduce the relative share of loans not classified - embedded in 'other receivables'. Banco Central do Brasil fez mudanças na metodologia de Dados de Crédito do Sistema Financeiro, em fevereiro de 2013 depois de 13 anos seguindo a mesma metodologia. Essas mudanças são fundamentais face a expansão do crédito, favorecido pela melhora dos indicadores de emprego e renda, redução contínua e acentuada das taxas de juro e por importantes avanços institucionais. É imprescindível a disponibilidade de novas informações, em particular, que possibilitem o acompanhamento mais detalhado das modalidades de crédito com recursos direcionados, sobretudo os financiamentos imobiliários, cujo dinamismo tem contribuído para a redução do déficit habitacional no País. A principal alteração compreende a cobertura dos dados relativos a concessões, taxas de juros, prazos e índices de inadimplência que passam a serem estendidos ao segmento de crédito direcionado e também se fez necessário aprofundar o detalhamento do arcabouço estatístico, de modo a possibilitar a identificação das modalidades mais relevantes, bem como reduzir a participação relativa das operações de crédito não classificadas – incorporadas em “outros créditos”.
| Last | Frequency | Range |
|---|---|---|
| 7.400 May 2019 | monthly | Mar 2000 - May 2019 |