trending Market Intelligence /marketintelligence/en/news-insights/trending/clInv3hppeFy4zSiFDZtDg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Boa Vista SCPC: Brazil bankruptcy requests fall sharply

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Boa Vista SCPC: Brazil bankruptcy requests fall sharply

Bankruptcy requests in Brazil sank by 33.9% in January compared to the prior month and by 12.2% compared to year-ago levels, according to data from credit research firm Boa Vista SCPC.

Judicial recovery requests also sank 36.5% between January and December 2016; compared to a year earlier, such requests fell 35%.

Although the 12-month aggregate period through January is up 11.1% year over year, both solvency indicators showed a continuous deceleration since the beginning of the second half of 2016, a trend that should continue given better macroeconomic conditions and expected resumption of economic activity and investments, among others, Boa Vista noted in a news release.