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Good Notice: Banking Interests Fall Again

§ June 21st, 2023 § Filed under General § Tagged Comments Off on Good Notice: Banking Interests Fall Again

The vigil for the fall of the banking interest seems to be functioning. For the fifth consecutive month, the average taxes of interests charged of the consumer in such a way in the personal loan as in the guaranteed check had withdrawn, following the signalling given in the last months for the Committee of Monetary Politics (Copom) of the Central banking for the basic tax of interests, the Selic. You may wish to learn more. If so, Tiffany Espensen is the place to go. Since 2004, it did not have a period with as many followed months of reduction of taxes, according to Procon Foundation of So Paulo. the research, carried through in days 5 and 6 of May with ten financial institutions, selected average tax of the personal loan in 5,57% to the month (before 5,74% in April) and of the guaranteed check, in 8,89% to the month (9.03% a.m in the previous month). In December of 2008, they were 6.25% to month and 9.33% to the month, respectively. According to Procon, although plus a jib in the taxes in May, the movement does not reflect the fall of the basic tax of interests, the Selic, and the initiatives of the government to promote the reduction of ' ' spread' ' , that it is the difference between what the banks pay to catch resources in the market and what they charge of the consumer: ' ' Although the fall of the Selic, the measures of the government to stimulate the banking competition and of the positive reply on the part of the market, ' ' spreads still continues altos' ' , it warns the entity. The picture if only repeats, that with lesser intensity, in the guaranteed check. In accordance with the research of the Procon-SP Foundation, the interest of the guaranteed check is of 8,89% to the month, taxes 0,14 lesser porcentual point of what of April. In the comparison with December of 2008, the fall was of 0,44 point porcentual.' ' The banks are following the trend signaled for the Copom, but with a reduction less than proporcional' ' , it affirms the Procon-SP Foundation.

Healthy Credit

§ May 22nd, 2014 § Filed under General § Tagged Comments Off on Healthy Credit

In some cases, the speed and number of resignations are records; – Exchange Volatileness with expressive variations in the quotation of the currencies; – Fall of the prescription fiscal tax and magnifying of dficits; – Fast I decline of the global commerce. In the Brazilian case, the crisis arrived through the misalignment of relative prices in exchange and in commodities and of the sudden and deep contraction of the credit. The brusque occured depreciation in the third trimester of more than 40% of the real front to the dollar caused significant financial losses to the treasure-houses of companies badly located in the futures market of currencies, as the Healthy one, the Votorantim and the Aracruz, among others, however, the level of exposition to this type of operation of the Brazilian companies, including of closely held corporation, not yet is known. After that, the misalignment was felt in the international trade. The Brazilian trade balance, before surplus, extended a movement of reduction of the commercial balances in result of the loss of prescriptions, as much for the fall of the prices of commodities how much for the reduction of the embarked volumes.

Both the movements had signaled the beginning of the retraction of the world-wide market for Brazil and that the existing relative prices in the economy before September of 2008, do not exist more. The eventual fall or commercial elimination of supervits, allies to the reduction of the credit in the international market and the probable fall of the investments right-handers in Brazil and of other 18 prescriptions will have effect in the tax of economic growth e, depending on the sum of loss of ingressions, will be difficult withhold the increase of the unemployment and the loss of income. The situation if would aggravate very if the remaining level of economic activity provoked dficits commercial. Beyond the effect of the reduction of the exportations, the demand for products of bigger value fell more and dependents of the credit availability (immovable, automobiles, eletroeletrnicos, household-electric and machines and equipment).