trending Market Intelligence /marketintelligence/en/news-insights/trending/1jqxsj6lf4p1-_79bhzijw2 content esgSubNav
In This List

Brazil's savings deposits outpace withdrawals by 8.54B reais in September

Blog

Bank failures: The importance of liquidity and funding data

Blog

Staying Strong in Volatile Markets: How Banks Can Overcome Challenges to Funding and Lending

Blog

Silicon Valley Bank Uncovering Regional Bank Stress with Equity Driven Credit Models

Case Study

A Scorecard Approach Helps a Bank Assess Credit Risks with Smaller Companies


Brazil's savings deposits outpace withdrawals by 8.54B reais in September

Savings deposits in Brazil surpassed withdrawals in September by 8.54 billion Brazilian reais, marking the seventh consecutive month of the positive trend, data from Banco Central do Brasil showed.

Total savings deposits in September amounted to 182.87 billion reais, while withdrawals totaled 174.33 billion reais, according to the central bank.

For the first nine months of 2018, Brazil's savings accounts recorded a net deposit amount of 25.50 billion reais. For the 12-month rolling period through September, the savings account balance is positive at 50.44 billion reais.

As of Oct. 4, US$1 was equivalent to 3.92 Brazilian reais.