Skip to main content

Deleveraging well underway, but few signs of financial stress

Our latest Banking Heat Map shows that, while Latin America’s credit bubbles have continued to deflate, this doesn’t yet appear to have triggered widespread problems in the region’s banking sectors. Non-performing loans remain low and have even started to edge down in Brazil, while capital buffers remain adequate elsewhere. That said, the process of deleveraging is still in its early stages and at best will weigh on economic growth for some time to come.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access