Reuters: Bankruptcy News: Brazil bank lending rises 1.2 pct in August; defaults stable

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Brazil bank lending rises 1.2 pct in August; defaults stable Sep 26th 2012, 13:37 BRASILIA/SAO PAULO, Sept 26 | Wed Sep 26, 2012 9:37am EDT BRASILIA/SAO PAULO, Sept 26 (Reuters) - Outstanding loans in Brazil's banking system rose 1.2 percent in August from July, the central bank said in a report on Wednesday. Loans in arrears for 90 days or more were the equivalent of 5.9 percent of outstanding loans last month, unchanged from July, according to a report.

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