Banks add $620 bn in credit during pandemic

With the stimulus programs created by the government during the crisis, banks have accumulated R$3.4 trillion ($620 bn) in credit concessions between March and December. The estimate is from Febraban, which puts into account figures already released by the Central Bank (BC) for the period between March and November, which total R$3.1 trillion ($563 bn), and a projection for the December results, of R$313.8 billion ($57 mm).

Source: Agencia Estado