Reuters: Bankruptcy News: Growth in Brazil lending slows; default ratio rises

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Growth in Brazil lending slows; default ratio rises Aug 30th 2012, 13:35 SAO PAULO | Thu Aug 30, 2012 9:35am EDT SAO PAULO Aug 30 (Reuters) - Outstanding loans in Brazil's banking system rose 0.7 percent in July from June, the central bank said on Tuesday. Loans in arrears for 90 days or more rose to the equivalent of 5.9 percent of outstanding loans last month from 5.8 percent in June, according to a report.

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