June 4, 2020 / 2:56 PM / a month ago

Coronavirus crisis to boost Brazil bank lending this year by 7.6% - central bank

BRASILIA, June 4 (Reuters) - Bank lending in Brazil is set to rise by 7.6% this year, the central bank said in a presentation on Thursday, citing increased demand from companies hit by the economic fallout of the coronavirus pandemic.

That is up from 4.8% growth projected in the central bank's Quarterly Inflation Report in March. (Reporting by Marcela Ayres and Carol Mandl Writing by Jamie McGeever)

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