Tuesday, March 27, 2012

Reuters: Bankruptcy News: Brazil loan defaults to fall in medium term -cbank

Reuters: Bankruptcy News
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Brazil loan defaults to fall in medium term -cbank
Mar 27th 2012, 14:23

SAO PAULO, March 27 | Tue Mar 27, 2012 10:23am EDT

SAO PAULO, March 27 (Reuters) - Brazil's average default ratio for all loans is "too stubborn" to decline in the short term, though it should fall in the medium term, Tulio Maciel, head of economic research at the central bank, said on Tuesday.

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