BC: Superendividados grow 75%

Tue, Oct 27Economy

What happenedBanco Central reports 20.3 million Brazilians in risk of over-indebtedness, a 75% increase in five years.
WhyHigh juros and successive deficits in public accounts are the main concerns of financial institutions.
Market impactA weaker financial situation of families can lead to higher inadimplência and impact the stock market and interest rates.
What to watchInvestors will be watching the BC's announcement of new measures to contain aggressive credit offers.

Ibovespa that day −0.51%Source: Agência Brasil + 1 more outlet

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