President of Santander Brazil says that the bank does not see a credit crisis in Brazil
Published Oct 29, 2025
Tridge summary
By André Marinho and Altamiro Silva Junior
São Paulo, 29/10/2025 - The president of Santander Brasil, Mario Leão, stated today that he does not see a scenario of credit crisis in Brazil. In a press conference following the release of results, Leão explained that the Selic rate at 15%, the highest level in 20 years, makes the environment "challenging" for the most leveraged companies.
"To call this a credit crisis, however, would be an exaggeration," he said, commenting that he does not see a certain worsening in some specific segments, such as agribusiness.
The executive, however, refused to comment specifically on the case of clients facing credit difficulties.
For Leão, the Central Bank is not far from a turn for the start of the interest rate cut cycle, expected to begin in the first quarter of 2026, according to him. The eventual monetary easing will help reduce the pressure on companies' balance sheets, he added.
Contact: andre.marinho@estadao.com and altamiro.junior@estadao.com
São Paulo, 29/10/2025 - The president of Santander Brasil, Mario Leão, stated today that he does not see a scenario of credit crisis in Brazil. In a press conference following the release of results, Leão explained that the Selic rate at 15%, the highest level in 20 years, makes the environment "challenging" for the most leveraged companies.
"To call this a credit crisis, however, would be an exaggeration," he said, commenting that he does not see a certain worsening in some specific segments, such as agribusiness.
The executive, however, refused to comment specifically on the case of clients facing credit difficulties.
For Leão, the Central Bank is not far from a turn for the start of the interest rate cut cycle, expected to begin in the first quarter of 2026, according to him. The eventual monetary easing will help reduce the pressure on companies' balance sheets, he added.
Contact: andre.marinho@estadao.com and altamiro.junior@estadao.com
Original content
By André Marinho and Altamiro Silva Junior São Paulo, 29/10/2025 - The president of Santander Brasil, Mario Leão, stated today that he does not see a scenario of credit crisis in Brazil. In a press conference following the release of results, Leão explained that the Selic rate at 15%, the highest level in 20 years, makes the environment "challenging" for the most leveraged companies. "To call this a credit crisis, however, would be an exaggeration," he said, commenting that he does not see a certain worsening in some specific segments, such as agribusiness. The executive, however, refused to comment specifically on the case of clients facing credit difficulties. For Leão, the Central Bank is not far from a turn for the start of the ...
Source: Broadcast
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