14 de agosto de 2017 / 19:03 / en 3 meses

Brazil's BNDES sees provisions at 'comfortable' level

SAO PAULO, Aug 14 (Reuters) - Loan-loss provisions at state development bank BNDES are unlikely to increase significantly in coming months unless an unexpected case arises, a sign Brazil’s No. 1 source of long-term corporate lending is comfortable with current levels of capital buffer.

Provisions at Rio de Janeiro-based BNDES were for years below the banking system’s average, which forced management to raise them as corporate loan defaults soared over the past year, comptroller Vania Borgerth said a conference call on Monday. (Reporting by Guillermo Parra-Bernal; editing by Diane Craft)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below