LatAm Daily | Moody’s becomes the third agency to withdraw Brazil’s investment grade
Published on Thursday, February 25, 2016
LatAm Daily | Moody’s becomes the third agency to withdraw Brazil’s investment grade
Summary
In addition to cutting Brazil’s rating by two notches, Moody’s has opted to maintain its negative outlook. Also in Brazil, credit markets continued to deteriorate: lower expansion of credit with higher lending rates and non-performing loans.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
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