Brazil loan defaults fall in October, central bank says

miércoles 26 de noviembre de 2014 08:35 GYT
 

BRASILIA/SAO PAULO Nov 26 (Reuters) - Brazil's loan default ratio fell in October from the previous month, the central bank said in a report on Wednesday.

Loans in arrears for 90 days or more, the benchmark gauge for deliquencies in the nation's banking system, fell to 4.8 percent of outstanding loans, compared with 5 percent in September, the report added.

(Reporting by Luciana Otoni and Guillermo Parra-Bernal Editing by W Simon)