Brazil Reserve Requirements Financial Institutions
Reserve Requirements: FI: Securities: Savings
Reserve Requirements: FI: Securities: Savings data was reported at 13,257.552 BRL mn in Feb 2024. This records an increase from the previous number of 13,159.092 BRL mn for Jan 2024. Reserve Requirements: FI: Securities: Savings data is updated monthly, averaging 1,643.500 BRL mn from Jan 1980 to Feb 2024, with 530 observations. The data reached an all-time high of 32,983.443 BRL mn in Oct 2011 and a record low of 0.000 BRL mn in Dec 1997. Reserve Requirements: FI: Securities: Savings data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.KAA028: Reserve Requirements Financial Institutions. Brazilian Central Bank has made changes in methodology of Financial System Credit Data in February of 2013 after 13 years following the same methodology. These changes are necessary face the expansion of credit, favored by the improvement of the indicators of employment and income, continuous and sharp reduction of the interest rates and by important institutional advances. It is essential the availability of new information, in particular, which allows more detailed monitoring of credit arrangements with targeted resources, especially real estate financing, whose dynamism has contributed to reducing the housing deficit in the country. The main change includes coverage of data on concessions, interest rates, terms and default rates that were extended to the segment of directed credit and also became necessary to further detailing the statistical framework, to enable identification of the terms most relevant as well as reduce the relative share of loans not classified - embedded in 'other receivables'. Banco Central do Brasil fez mudanças na metodologia de Dados de Crédito do Sistema Financeiro, em fevereiro de 2013 depois de 13 anos seguindo a mesma metodologia. Essas mudanças são fundamentais face a expansão do crédito, favorecido pela melhora dos indicadores de emprego e renda, redução contínua e acentuada das taxas de juro e por importantes avanços institucionais. É imprescindível a disponibilidade de novas informações, em particular, que possibilitem o acompanhamento mais detalhado das modalidades de crédito com recursos direcionados, sobretudo os financiamentos imobiliários, cujo dinamismo tem contribuído para a redução do déficit habitacional no País. A principal alteração compreende a cobertura dos dados relativos a concessões, taxas de juros, prazos e índices de inadimplência que passam a serem estendidos ao segmento de crédito direcionado e também se fez necessário aprofundar o detalhamento do arcabouço estatístico, de modo a possibilitar a identificação das modalidades mais relevantes, bem como reduzir a participação relativa das operações de crédito não classificadas – incorporadas em “outros créditos”.
| Last | Frequency | Range |
|---|---|---|
| 13,257.552 Feb 2024 | monthly | Jan 1980 - Feb 2024 |