Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Brazil Credit Growth Slowing to Sustainable Pace, Pereira Says

Nov. 8 (Bloomberg) -- Brazil’s credit growth is slowing to a sustainable pace, said Luiz Pereira, the central bank’s director of international affairs.

Advanced economies will probably grow at a slow pace over the next years because of over-indebtedness, Pereira said at an event in Brasilia, according to a transcript of his comments published on the central bank’s website.

The central bank will remain vigilant against the effects of the global crisis and will take measures to shore up the Brazilian financial system where necessary, Pereira added.

To contact the reporter on this story: Matthew Bristow in Brasilia at mbristow5@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.