Thursday, October 18, 2012

Reuters: Bankruptcy News: STXNEWS LATAM-Brazil companies increase loan demand in Sept-Serasa

Reuters: Bankruptcy News
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STXNEWS LATAM-Brazil companies increase loan demand in Sept-Serasa
Oct 18th 2012, 14:29

Thu Oct 18, 2012 10:29am EDT

Brazilian corporate demand for bank loans, measured on an average daily basis, rose 0.5 percent in September from the prior month, reflecting a gradual recovery in economic activity, credit research company Serasa Experian said on Thursday.

Without calendar adjustments, corporate credit demand fell 17 percent from August, which had four more weekdays than September. Demand for credit by small and medium-sized businesses fell from the previous month, but large companies posted a slight increase in requests for loans, Serasa said.

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