Outstanding loans in Brazil's banking sector totaled 3.1 trillion Brazilian reais in April, rising 0.3% compared to the previous month and 0.6% from a year earlier, according to data published by the country's central bank.
The sector's 90-day nonperforming loan ratio remained stable from the previous month at 3.3%; compared to April 2017, the ratio improved by 30 basis points, Banco Central do Brasil said.
The delinquency rate for household loans grew to 3.0% from 2.9% in the previous month, while the default rate for corporate loans remained at 3.6%.
Brazil's credit-to-GDP ratio fell to 46.5% in April from 46.6% in March and 48.3% in April 2017.
As of May 28, US$1 was equivalent to 3.71 Brazilian reais.
