Posts Tagged ‘small businesses Brazil’

Reduced interest rates in 2012 boosts credit from public banks to small businesses

Comments Off | 01-24-2013

The reduction of bank interest rates, led by public banks since April last year, has allowed micro and small enterprises to seek credit from banking institutions. Small businesses took R$ 182.3 billion in credit last year from Banco do Brasil (BB) and the Federal Savings Bank (Caixa Econômica Federal) alone, 34.7% more than in 2011.
Credit [...]

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