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Interest

Bank interest income is the highest in 20 years, reports research Procon

08.10.2015

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 

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Special interest of the check reached 12.28% in the month in October - the highest figure since September 1995 - when the rate was 12.58%, reports Search Procon-SP Foundation.

Of the seven financial institutions that are part of the survey, five increased the overdraft rate and the personal loan. The average rate of the overdraft reached 12.28% per month, higher than the previous month, equivalent to 11.90%, 0.38 percentage point increase.

The biggest increase was recorded in the Federal Savings Bank, which changed the rate of 10.35% to 11.38% monthly variation of 9.95% over the rate of September. Santander positive change of 4.21% from the previous month, the Bank of Brazil changed by 3.69%, Itaú, variation of 2.58%, and Bradesco, variation of 2.41%. The other banks kept their rates.

The personal loan, the average rate of the banks surveyed was 6.27% per month, higher than the previous month, which was 6.26%. This line of credit, Bradesco raised the rate from 6.57% to 6.61% per month increase of 0.61% over the rate of September. The other banks kept their rates.

 

Source: Agency Brazil

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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