Bank lending increased during March by 0.2%, says Central Bank

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The value of loans in Brazil increased 0.2% in March compared to R$3.076 trillion, according to data released by the Central Bank. In the 12-month measure, there was a contraction of 2.7%.

The total balance of non-earmarked credit increased by 0.3% between February and March, to a total of R $ 1.534 trillion. Earmarked credit increased 0.1% in March, reaching a volume of R$ 1.542 trillion.

Total credit issued to households increased 0.6% in March and 3.7% in the 12-month measure, reaching R$ 1.577 trillion. For companies, the balance was down 0.3%, to R $ 1.5 trillion.

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