Brazil bank lending rises 1.5 pct in May as defaults stabilize
SAO PAULO/BRASILIA, June 25
SAO PAULO/BRASILIA, June 25 (Reuters) - Bank lending in Brazil rose 1.5 percent in May from the prior month, the central bank said in a report on Tuesday.
Loans in arrears for 90 days or more, the industry's benchmark gauge for credit delinquencies, were stable for a third straight month at 5.5 percent of outstanding loans in May, the report added.
- Malaysia Airlines plane missing, presumed crashed in South China Sea |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Malaysian plane crashed off Vietnam coast: state media
- No signal picked up from missing Malaysia Airlines plane-Vietnam official