Macroeconomy/Finance

Central Bank reports obtained loans reach $55 mm in May

The Central Bank of Brazil reported that companies and families obtained loans of R$289 billion ($55 mm) from banks in May. There was a reduction of 3.3% in relation to April. In the accumulated result for the year, total concessions grew by 7.6% compared to the period in 2019, reflecting the increase in corporations (17.7%) and the decrease in individuals (0.9%).


Source: Agencia Brasil

Categories: Macroeconomy/Finance

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