Brazil Bank Loan Delinquency at Highest Since 2009, Estado Says

Bank loan delinquency in Brazil is at the highest level since September 2009, Estado de S. Paulo reported, citing central bank data.

In February, for every 100 reais ($54) banks have lent to individuals, payments on 14.02 reais were more than 15 days behind, the newspaper said. A total of 73 billion reais in loans were delinquent more than 15 days, a number that has risen 44 percent in the past 12 months, Estado said.