LatAm Daily | Credit markets fell in Brazil and are not expected to recover in 2016
Published on Thursday, January 28, 2016
LatAm Daily | Credit markets fell in Brazil and are not expected to recover in 2016
Summary
After a decrease of 4% in 2015, we do not expect the credit markets to recover in 2016 and the risks are related to a further increase in NPLs and a new attempt to use public banks to boost economic activity. In Chile, the trader’s survey is for a more cautious MPR normalisation during 2016. Today we will see the minutes of the MP and the labor market report in Brazil.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist