Latin America Credit Growth Slows Amid Tightening

Credit growth across Latin America decelerated, with Brazil credit expanding 4.2% YoY, down from 10.4% a year earlier.
Mexico's private sector bank credit rose 1.8% YoY in April, down from 9.0% a year earlier, driven by 7.1% consumer credit growth.
Brazil's household debt service reached a record 29.7% of income in February, while non‑performing loans rose to 5.3% of household credit.
Credit in Colombia slowed to a 9% three‑month average by April 2026, down from about 40% in October 2025.