Brazil industry credit reliance on big banks rises to 65.3%

A CNI survey shows 65.3% of Brazilian industrial firms seeking short/medium-term credit between Feb-Jul turned to large banks ('bancões'), up from prior periods. This indicates tightening credit conditions for smaller lenders and potential concentration risk in corporate financing. The shift may reflect risk aversion or reduced credit supply from non-bank sources, with implications for industrial investment and financial stability.