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BRIEF-Fitch says Brazil Central Bank moves won't lift credit in short term
December 22, 2016 / 3:42 PM / 8 months ago

BRIEF-Fitch says Brazil Central Bank moves won't lift credit in short term

Dec 22 (Reuters) - Fitch:

* Fitch says Brazil Central Bank moves won't lift credit in short term

* Fitch says policy measures announced by Brazilian Central Bank to reduce credit costs unlikely to provide a major boost to credit in short term

* Fitch - maintains a negative sector outlook for Brazilian banks in 2017

* Fitch on Brazil central bank says macroeconomic variables should remain more relevant for banking sector growth and margins in 2017

* Fitch on Brazil Central Bank -challenging external environment, protracted low economic growth will continue to weigh on consumer, investor confidence Source text for Eikon: (Bengaluru Newsroom: +91 806 749 1136)

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