Brazil c bank to upgrade credit system in 90 days

The central bank of Brazil's upgraded credit information system will gather information about all loans above 5,000 reais (US$1,760), compared to a minimum of 20,000 reais in the current system. It will also bring a detailed track record of borrowers and the kind of loans they contracted from each bank.

Source: Business News Americas

The upgraded credit information system Brazil's central bank plans to launch in 90 days will not be enough to reduce lending risks and bring banking spreads

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account