The percentage of default in the total credit portfolio of the National Financial System reached 4.4%
The balance of credit operations in the National Financial System reached R$7.2 trillion in April, an increase of 0.3% in the month. In 12 months, the increase was 9.3%. The data was released this Thursday (May 28, 2026) by the Central Bank. Here is the report (PDF – 416 kB) “Monetary and credit statistics”.
Last month, there was a 0.1% reduction in operations with companies and an increase of 0.6% in operations with families, totaling R$2.7 trillion and R$4.6 trillion, respectively.
The Central Bank divides credit operations into 2 large groups:
- targeted resources – with more favorable rates and conditions due to government or state subsidies;
- free resources – non-market negotiated.
For individuals, the balance of the free credit portfolio increased by 0.3% in the month. It grew 11.7% in 12 months. The targeted credit portfolio increased by 0.9% in April and 9.8% in 12 months.
For legal entities, the balance of the free credit portfolio fell by 0.7% in April and grew by 0.6% in 12 months. Targeted credit recorded an increase of 0.8% in the month and 17.0% in the interannual comparison.
The average interest rate on concessions reached 33.8% per year in April, with increases of 0.6 pp (percentage points) in the month and 2.4 pp in 12 months. THE spread banking increased 0.7 pp in the month and 2.6 pp in 12 months, reaching 22.6 pp
The average interest rate on free credit reached 49.5% per year, with increases of 1.2 pp in the month and 4.5 pp in twelve months. In free credit for legal entities, the average rate grew 0.5 pp in the month and 1.1 pp in twelve months, standing at 25.3% pa. The effect arising from the composition of balances (balance effect) predominated, with emphasis on the increase in the average rate on special checks (+14.9 pp).
The default percentage of the SFN’s total credit portfolio reached 4.4%, with increases of 0.1 pp in the month and 0.9 pp in 12 months.
In operations with legal entities, default stood at 2.8%, stable in the month, with an increase of 0.3 pp in 12 months. In credit to individuals, default was 5.4%, with increases of 0.1 pp in the month and 1.3 pp in 12 months.
