Clipping of news on Brazilian Culture, Law and Citizenship
30/07/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The total credit provided by the financial system in Brazil rose 1.5% in June, reaching 50.6% of GDP (Gross Domestic Product), or R$ 2.167 trillion, said the BC (Central Bank) on Thursday (26 .)
The default in credit operations with free resources of the financial system was 5.8% last month, lower than in May, when it was 5.9%, according to revised data from the BC. It is the first decrease since March.
The default of individuals in these operations reached 7.8%, a decrease of 0.1 points compared to May. The default rate of companies also fell in the same proportion to 4% in June.
The banking spread - the difference between the funding cost of banks and the interest rate actually charged to the final consumer - reached 23.2 percentage points in June from 24.7 points the previous month.
The average daily loan approvals grew by 6% in June compared to May. For individuals, the increase was 6.4% and for businesses, 5.7%.
The average interest rate fell 1.8 percentage point to 31.1% last month. For individuals, the decline was 2.3 points, to 36.5%. For companies, the decline was 1.2 point to 23.8%.
London 2012
Since last Wednesday (25), the R7 transmits the London Olympics in five exclusive channels, 24 hours. And during the games, and broadcast live and exclusive signs you see on the website the videos of all the best moments of the greatest sporting competition in the world. Until August 12, the Olympics is R7, Record and Record News, the official channels of London.
Source: R7
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This article was translated by an automatic translation system, and was therefore not reviewed by people.