The balance of net withdrawals from Brazilian savings accounts reached R$5.9 billion in September this year. The data are from the savings report released this Thursday (6) by the Central Bank (BC).
According to BC data, savings deposits totaled R$308.7 billion, while the withdrawal quota was R$314.6 billion.
In the previous month, in August, the balance of net withdrawals from Brazilian savings accounts hit a record, being the highest balance since 1995, the beginning of the historical series. According to the Central Bank report, Brazilians withdrew R$22 billion more than they deposited in savings accounts.
In the accumulated volume of the year, savings recorded a net withdrawal of R$ 91.07 billion. This represents an increase in withdrawals, compared to the same period in 2021, when from January to September, savings recorded an accumulated net withdrawal of R$ 7.71 billion.
Until September of this year, the stock of savings reached R$ 992.4 billion, an increase in relation to the month of August, when the stock was R$ 991.8 billion.
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
