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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: THE ANT who wrote (53313)8/21/2009 6:55:23 AM
From: elmatador  Read Replies (1) of 217719
 
Now is Samba! Bank may double credit to individuals over the next decade as falling interest rates spur demand for car and home loans, President Aldemir Bendine said.

ELMAT: Let's, keep those machines well oiled! They print? We print too!!!

Personal loans may climb to as high as 50 percent of the state-controlled bank’s total portfolio from 27 percent in the second quarter, Bendine said. Such lending rose 69 percent to 68.5 billion reais ($37.1 billion) in the three months ending June 30 after the central bank cut the benchmark interest rate below 10 percent for the first time.

bloomberg.com
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