Friday, October 26, 2012

Reuters: Bankruptcy News: Brazil bank lending rises in September; defaults stable

Reuters: Bankruptcy News
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Brazil bank lending rises in September; defaults stable
Oct 26th 2012, 12:36

BRASILIA | Fri Oct 26, 2012 8:36am EDT

BRASILIA Oct 26 (Reuters) - Outstanding loans in Brazil's banking system rose 1.1 percent in September from August, the central bank said in a report on Friday.

Loans in arrears for 90 days or more were the equivalent of 5.9 percent of outstanding loans last month, unchanged for a third month, according to the report.

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