Corporate payment defaults surge in Brazil
Payment defaults by companies in Brazil grew in double-digits in the January-July period.
Defaults grew 12.9% year-on-year in the period, the highest rate since January-July 2012 (15.2%), according to credit information firm Serasa Experian.
In July alone, defaults rose 12.6% y-o-y and were up 6% on June.
Serasa economists attributed the strong increases to Brazil's economic downturn, which has hurt companies' cash flow. Higher interest rates have also hit businesses as financing costs have surged.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Political Risk & Macro (Brazil)
Lefosse: Brazil data center investment strong despite uncertainties
Lefosse partners state that data center projects in Brazil continue with contracted demand, driven by space and clean energy, even in the face of l...
Risk of shortage of professionals pressures infrastructure in Brazil
Investments in infrastructure in Brazil are expected to total 300 billion (bn) reais in 2026, above the 280bn reais projected for 2025, according t...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects
Get key information on thousands of projects in Latin America, from current stage, to capex, related companies, key contacts and more.
- Project: Faro del Sur wind farm
- Current stage:
- Updated:
1 day ago
- Project: Concession for the Coquimbo Desalination Plant
- Current stage:
- Updated:
1 day ago
- Project: Los Andes photovoltaic park expansion, phase III and IV
- Current stage:
- Updated:
1 day ago
- Project: Pre-Salt of the Campos basin - Macaé port terminal gas pipeline (Rota 5b)
- Current stage:
- Updated:
1 day ago
- Project: Mujer Solteca Dam (Ex Margarita Maza)
- Current stage:
- Updated:
1 day ago
- Project: Don Enrique
- Current stage:
- Updated:
2 days ago
- Project: Hierro Apurímac
- Current stage:
- Updated:
2 days ago
- Project: Biomethane Plant
- Current stage:
- Updated:
2 days ago
- Project: CONCESSION: Feira de Santana Municipal Hospital
- Current stage:
- Updated:
2 days ago
- Project: Bahia North
- Current stage:
- Updated:
2 days ago
Other companies in: Political Risk & Macro (Brazil)
Get key information on thousands of companies in Latin America, from projects, to contacts, shareholders, related news and more.
- Company: Governo do Estado do Ceará
-
Governo do Estado do Ceará is the executive branch of the State of Ceará, a federative unit of Brazil, operating within the public administration sector. Its primary purpose is ...
- Company: Estado de Mato Grosso do Sul (Governo do Estado de Mato Grosso do Sul (GovMS))
-
Estado de Mato Grosso do Sul is a Brazilian federative state and a public-law entity that operates within the state government and public administration sector. It was created i...
- Company: Secretaria de Estado de Transporte e Mobilidade do Distrito Federal (Secretaria de Transporte e Mobilidade)
-
The Secretaria de Estado de Transporte e Mobilidade do Distrito Federal (SEMOB-DF) is a public administration body operating in the transport and urban mobility sector in Brazil...
- Company: Governo do Estado do Paraná (Governo do Paraná)
-
Governo do Estado do Paraná is the executive authority of the State of Paraná, a federative unit of Brazil, operating within the public sector and classified under political, in...
- Company: Município de Belo Horizonte (Prefeitura Municipal de Belo Horizonte)
-
Município de Belo Horizonte (Prefeitura Municipal de Belo Horizonte – PBH) is the municipal government entity responsible for public administration and delivery of local service...
- Company: Governo do Estado da Bahia
-
Governo do Estado da Bahia (Estado da Bahia) is a state-level public administration entity in Brazil, responsible for planning, regulating and delivering public policies and ser...
- Company: Governo do Estado do Piauí
-
Governo do Estado do Piauí is the executive branch of the State of Piauí, Brazil, responsible for public administration and delivery of essential services such as infrastructure...
- Company: Prefeitura da Cidade do Rio de Janeiro (PCRJ) (Prefeitura do Rio de Janeiro)
-
Prefeitura do Rio de Janeiro, legally constituted as the Municipality of Rio de Janeiro, is a local government entity responsible for the executive administration of the city of...
- Company: Secretaria Especial para o Programa de Parcerias de Investimentos da Casa Civil da Presidência da República (Secretaria Especial do Programa de Parcerias de Investimentos)
-
The Secretaria Especial do Programa de Parcerias de Investimentos (SEPPI) is a federal governmental body within the Casa Civil da Presidência da República of Brazil. It oversees...
- Company: Agência de Transporte do Estado de São Paulo (ARTESP)
-
Created in 2002, the São Paulo State Transport Agency (ARTESP) is in charge of overseeing public transportation for Brazil's São Paulo state. Working under the Secretariat of Go...
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
