FX.co ★ Brazil Bank Lending Rebounds in February After January Dip

Brazil’s bank lending growth turned positive in February 2026, signaling a modest rebound in credit activity after a contraction at the start of the year.

Month-over-month, bank lending rose 0.4% in February, reversing January’s 0.2% decline. The previous reading showed lending slipping by -0.2% in January 2026 compared with December, while the latest data indicate a return to expansion when February is measured against January.

The figures, updated on 30 March 2026, suggest a tentative stabilization in Brazil’s credit conditions after the early-year setback, with markets likely to watch upcoming releases closely to assess whether February’s uptick marks the start of a more sustained recovery in lending.