The value of loans in Brazil increased 0.7 percent month-over-month to BRL 3,267.1 billion in March 2019, following a 0.3 percent gain in the previous month. It was the largest increase in loans since December (1.5 percent). Loans to companies rose 0.8 percent to BRL 1,439.4 billion and loans to households went up at a slower 0.6 percent to BRL 1,827.7 billion. Year-on-year, bank loans advanced 5.7 percent, after an upwardly revised 5.6 percent rise in February, as lending jumped 9.2 percent to households and 1.6 percent to companies. Loan Growth in Brazil averaged 1.02 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 0.50 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.