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Brazil , Sunday 30 August 2026

Brazil's banks feast on 14% rates as Nubank storms the gates

Published on: Wednesday 19 August 2026

Brazil's banks feast on 14% rates as Nubank storms the gates Brazil’s biggest lenders are enjoying an unusually comfortable moment: interest rates remain among the highest in the world, credit is still expanding and loan losses, while rising, have yet to overwhelm profits. Yet beneath the strong earnings lies a more consequential shift. Nubank and Pix are steadily eroding the advantages that once made Brazil...


News source: https://www.msn.com/en-us/money/markets/brazil-s-banks-feast-on-14-rates-as-nubank-storms-the-gates/ar-AA2ayecu

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