The value of loans in Brazil rose 0.4 percent month-over-month to BRL 3,296.4 billion in June 2019, following a downwardly revised 0.5 percent gain in the previous month. Loans to companies increased 0.1 percent to BRL 1,422.8 billion and loans to households advanced 0.6 percent to BRL 1,873.6 billion. Year-on-year, bank loans went up 5.1 percent, after a 5.4 percent rise in the prior month, as lending to households jumped 10.1 percent while to companies dropped 0.8 percent. Loan Growth in Brazil averaged 1.01 percent from 2007 until 2019, reaching an all time high of 3.68 percent in September of 2008 and a record low of -1.02 percent in January of 2017.
Loan Growth in Brazil is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Brazil to stand at 0.30 in 12 months time. In the long-term, the Brazil Loan Growth is projected to trend around 0.50 percent in 2020, according to our econometric models.