UPDATE 1-Brazil bank lending rises, default remains stable in March

April 24, 2015 2:03 PM

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BRASILIA, April 24 (Reuters) - Growth in outstanding loans in Brazil's banking system rose 1.2 percent in March from the previous month, the central bank said in a report on Friday.

The 90-day default ratio, the most widely followed gauge of loan delinquencies, came to 4.4 percent last month, unchanged from February, the bank said.

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