RIO DE JANEIRO, BRAZIL - Even if a rise in insolvencies does not materialize, companies will face an increase in repayments as a result of the large growth in loans taken out at the start of the pandemic.
The Bank for International Settlements (BIS), a kind of central banks' bank, estimates that Brazilian companies will have debts to repay over the next 2 years in an amount equivalent to 45% of their net profits. This is the highest percentage among the 7 large emerging economies examined.
In its annual report, BIS examines an alternative scenario on the global economy focused on . . .
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