O balance the credit operations SFN (National Financial System) registered expansion monthly 0.4% in July, when it totaled R $ 6.7 trillion. The data are included in the BC (Central Bank) monetary and credit statistics report, released on Wednesday (27).
According to the monetary authority, the result was due to the increase of 0.6% in the credit destined to families (R $ 4.2 trillion), which was attenuated by the contraction of 0.1% in the credit to companieswhich totaled R $ 2.5 trillion in the month.
In 12 months, the balance of SFN credit operations in July recorded a slight slowdown. Last month, there was an expansion of 10.7% compared to the 10.8% advance observed in June.
In the monthly comparison, credit to legal entities and credit to individuals recorded opposite movements. In July, there was acceleration in credit to companies (9.5%), while credit to families slowed to 11.5%.
The balance of free resources credit operations, ie, with resources negotiated with the market, reached R $ 3.9 trillion in July. It is an advance of 0.2% in the month and an increase of 9.4% in 12 months.
Free credit for companies totaled R $ 1.6 trillion in July, with a monthly retraction of 1%, influenced by reductions in duplicate and other receivables (-9.3%) and total working capital (-0.6%). Already free credit to individuals totaled $ 2.3 trillion, up 1% in the month.
According to the BC, the expansion of free credit to families was influenced by payroll loans for private sector workers (+6.9%), a modality in which a significant part of the operations program operations are classified.
The Central Bank also reported that the balance of directed credit operations – with funds subsidized by governments or state -owned – scored R $ 2.8 trillion in July, with 0.7% advances in the month and 12.5% in 12 months.
Credit to companies grew 1.5% in the month, when it totaled R $ 973.3 billion, while the intended individuals advanced 0.2% in the monthly comparison, totaling R $ 1.9 trillion.
Credit concessions reached R $ 644.1 billion last month. The average interest rate retreated to 31.4% per year. In companies, interest rates were 21.6% AA, while in operations agreed with families, the average interest rate was 35.9% AA
Bank spread – which measures the difference between average interest rates of credit operations and the cost of catchment – reached 20.3 pp, with a retraction of 0.2 pp in the month and increment of 1.7 pp in twelve months.
Considering the delays of more than 90 days, the percentage of default on credit operations was 3.8%. It represents an increase of 0.2 pp in the month and 0.6 pp in twelve months.
