High was observed in public and private institutions; Movement should slow down in 2025, says economist
The most relevant banks in the country expanded the credit portfolio in 2024 compared to the previous year. The total amount went from R $ 5.44 trillion to R $ 6.12 trillion. There was a 12.5%increase, according to a survey by the Poder360 based on the financial balanceings of the companies.
Those who raised the credit most were (+15.5%) and (+15.3%), as shown in the infographic below:
The credit portfolio is equivalent to the sum of all loans made in a given period. It is usually divided into business and personal categories.
Together, state banks accumulated a portfolio of R $ 3.10 trillion, with an expansion of 12.9% in 2024. The private ones totaled R $ 3.02 trillion, up 12.1%.
These are nearby values and proportions, but with a leadership from public companies. The President (PT) argues to increase financing through state banks.
Heated economy
One of the factors that influenced the expansion of the credit portfolio in 2024 was the economy heated in the year. The analysis is by Alex Agostini, chief economist at the risk agency .
“The credit renewal cycle is shorter by both families and companies, resulting in a virtuous cycle that feeds back”declared the expert to Poder360.
That is, the It allowed customers to borrow and pay the charges at a higher speed.
The country’s GDP (Gross Domestic Product) above what was expected in the initial projections. Part of the growth is explained by the government profile. THE welfare state almost With social programs and income transfers boosts the results, but imposes challenges for the adjustment of public accounts.
The higher heated economy than expectations had an impact on inflation. It started a high interest cycle in an attempt to control prices and basic rate. Alex Agostini stated that the movement should slow down the expansion of the credit portfolio in 2025.
“The contractionist monetary policy requires more selectivity of financial institutions in the offer of credit and, consequently, in the operated volume”these.
The Central Bank squeezes interest since the 2nd semester of 2024. The effects of authority decisions come in the long run, so they should only be felt from this year.
BANKS
The rates fell on most banks. This influenced the expansion of credit portfolios. The leads leads in default over 90 days.
Read the detail in the infographic below:
“Default indicators were well behaved, including falling. And this also allows the expansion of credit, mainly because it maintains institutions within the limits of financial solidity ”said Alex Agostini.
As for net income, all banks raised the indicator. The highlight goes to (+47.8%) and (+31.9%). Part of the result comes from high in credit.
Here’s the data:
