Total credit stock in the country reaches R$ 4.8 trillion in April, shows BC

The total stock of credit in the country rose 0.8% in April, totaling R$ 4.816 trillion. The value is equivalent to 53.7% of the Gross Domestic Product (GDP). In March, the balance was R$ 4.777 trillion.

The numbers are from the Credit Monetary Note, released by the Central Bank this Wednesday (28). The document shows that the average interest rate was 27.7% per year, with a monthly increase of 1%.

After rising in March, the number of new operations, on the other hand, dropped 10.4% in April. The value of concessions increased from R$ 512.3 billion to R$ 459.1 billion.

Of this total, R$ 248.1 billion were in loans to families and R$ 211 billion in concessions to companies.

At 2.7% of the total balance of operations, delinquency rose 0.1 percentage point. In terms of free resources, however, delinquency rises to 3.5%.

In free resources, the stock of credit reached R$ 2.906 trillion.

Also in this segment, the granting of credit totaled R$ 421.1 billion in April.

Credit with earmarked resources, which is subsidized by governments, totaled R$ 1.909 trillion.

The granting of credit totaled R$ 38 billion, with a monthly drop of 14.5% compared to the month of March.

Source: CNN Brasil

You may also like