STXNEWS LATAM-Brazil consumer loan demand falls in Sept -Serasa

jueves 9 de octubre de 2014 08:35 GYT

Demand for consumer loans in Brazil dropped 1.6 percent in September from the previous month, mostly due to a high base of comparison caused by the Father's Day holiday in August, credit research company Serasa Experian said on Thursday.

Demand for consumer credit rose 10.4 percent in September from a year earlier, Serasa said, attributing the uptick to government credit stimulus efforts put in place in recent months.