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2018.07.2715:25:00UTC+00BRAZIL: Volume Of Credit Operations Up 0.7% In June, To R$ 3.13 Trillion

The total volume of credit operations in Brazil's financial system rose 0.7% in June over May, totaling R$ 3.13 trillion, according to Central Bank data.

The volume of credit in June was equivalent to 46.8% of Gross Domestic Product (GDP), up 0.1% over May.

Loans to individuals totaled R$ 1.694 trillion, up 0.4% on a monthly basis. Operations for companies totaled R$ 1.436 trillion, up 1.2% from May to June.

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