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Brazil bank lending post no growth in January
February 26, 2013 / 1:45 PM / 5 years ago

Brazil bank lending post no growth in January

SAO PAULO, Feb 26 (Reuters) - Outstanding loans in Brazil’s banking system posted no growth in January from the prior month, the central bank said on Tuesday.

Loans in arrears for 90 days or more, an industry benchmark for loan deliquencies, reached 5.6 percent of outstanding loans in January, the bank said.

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