Brazil bank lending rises 0.5 pct in October

SAO PAULO Thu Nov 28, 2013 7:43am EST

SAO PAULO Nov 28 (Reuters) - Outstanding loans in Brazil's banking system rose 0.5 percent in October from the prior month, the central bank said in a report on Thursday.

Loans in arrears for 90 days or more, the industry's benchmark gauge for credit delinquencies, fell from the previous month to 5.0 percent, the report said.