2016 projection provides for higher Default SCPC Boa Vista

Defaults must grow in 2016, both for consumers and for the companies, according to Boa Vista SCPC. The entity estimates that the rate of default for companies will increase to 5 percent in 2016, compared to 4.5 percent recorded last year. For individuals, the structural adjustment of the labour market should have greater impact, with delinquencies rising to 6.8% in 2016, compared to 6.1 percent in 2015. In 2016 to Boa Vista SCPC predicts that there will be a more thorough check to grant credit and that the demand for credit from consumers pull back, although it is possible to an elevation of credit for businesses.