Credit stock rises 0.4% in September and reaches R$7.444 trillion
The monthly increase is driven by free credit and companies, according to data from the Central Bank released this Thursday, 29th, collected by InfoMoney.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
The country's credit stock grew 0.4% in September compared to August and reached R$7.444 trillion, according to the Central Bank, as reported by InfoMoney. In 12 months, the increase totaled 8.6%, a pace that indicates a banking portfolio in continuous expansion.
The division between families and companies helps to understand the movement. According to the same calculation, the balance of individuals rose 0.1% in September and 9.9% in the last 12 months. That of legal entities increased 1.0% in the month and 6.5% in 12 months.
Using the modalities criterion, free credit grew 0.8% in September. Within it, the balance for individuals rose 0.2%, and that for legal entities, 1.7%. Targeted credit, which includes BNDES and savings, remained stable, with a variation of 0.0% in the period.
Another indicator observed is the relationship between credit and GDP. According to the BC, this ratio was 55.5% in September, compared to 55.6% in August. The August data was revised, as it had previously been released as 55.4%.
From the perspective of fiscal responsibility and free market, the central point is not just the size of the portfolio, but the sustainability of this expansion. Credit that grows predictably usually reflects real demand, while debt that grows faster than income requires attention from families, companies and regulators.
The announcement took place on Thursday, the 29th, and deals with the stock, that is, the accumulated balance of operations, and not just the concessions made in the month.
What changes for the investor
For those who follow the stock market, interest rates and the dollar, the data suggests that credit remains available and that there is demand for loans, especially in the free segment and between companies. This scenario may influence sectors more dependent on financing, but the survey does not allow us to predict prices or the direction of assets. It is worth observing in the coming months whether the trend continues, especially the behavior of targeted credit, which remained stable, and the evolution of the relationship with GDP. This text is not a recommendation to buy or sell.
Automatically translated from Portuguese.
