Credit Note | Data Release: 10/27/2022
In September, the credit balance totaled BRL 5.123 trillion, slightly above the market forecast, which was set at BRL 5.177 trillion. On YoY, the total balance went from 16.7% in August to 16.8% in September. The Natural Persons’ budget performed at 20.3% YoY expansion and the Legal Persons’ budget advanced 12% YoY.
Seasonally adjusted granting of credit hiked 0.35% MoM. Natural Persons’ growth 0.9% MoM. Meanwhile, Legal Persons’ hiked 2.6% MoM.
Non-performing loans showed stable levels at 2.8%. Consumer NPL remained at 3.7%, and corporate NPL rose from 1.52% to 1.56%. Consumer’s debt slowed down in August, reaching 52.9%. In turn, the commitment to income went from 28.7% in July to 29.4% in August.
Families’ debts slowed down in August, reaching 52.9%. In turn, the commitment to income went from 28.7% in July to 29.4% in August.
