Coverage: Q4 2024 · Information to 10 March 2025

TGB Quarterly Country Banking Sector Report · 10 March 2025

Brazil's banks closed 2024 with faster credit growth, lower arrears and improving profitability, but the Banco Central do Brasil's 250bp of Selic increases between November and January, a 27.9% depreciation of the real and a new provisioning regime from 1 January 2025 set a harder test for 2025.