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December 8, 2022
The momentum of the credit to the private sector lingered in October underpinned by the highest monthly growth of the credit card balance since 2013. The composition of bank deposits is leaning towards term deposits as interest rates remain high and economic activity has surprised to the upside recentley.
September 24, 2021
We display the recent Evergrande crisis, discuss the possibility of default and the possible reactions by the authorities. We also conclude it will not lead to a systematic risk to the whole economy.
November 15, 2011
The expansion of the Brazilian capital markets over recent years has been impressive. Stock and private bond markets reached 93% of GDP in 2010 in comparison to 33% in 2002.
