Brazil’s favorite banks in the run-up to the second quarter balance sheets

The increase in defaults should once again bother the big Brazilian banks amid a rise in household indebtedness.

If the accounting season of the large Brazilian banks were a race, we could say that the "athletes" arrive in the second quarter of 2022 in a condition very similar to the previous period.

According to analysts, the expectation is that individuals' default will continue its escalation, affecting the banks' credit portfolio growth. On the other hand, rising interest rates favor the institutions' results.

Amidst this scenario, the positive and negative highlights should be the same as in the first quarter, with Subscribe to our Premium Membership Plan. Already Subscribed?