Surex/Suore/Supro Jul/2017 – Jun/2018 Derop Bulletin Rural Credit and Proagro EXECUTIVE SUMMARY Highlights Rural Credit - Rural credit originated from July 2017 to June 2018 totaled R$171.4 up 11.6% from July 2016 to June 2017. - As of May 2018, the outstanding balance of loans to rural credit borrowers reached R$287.1 billion, 9.5% of total loans granted by the Brazilian Financial System. End of Crop-Year 2017/2018 - On the annual rural lending quotas verification, settled on August 1, 2018, the financial institutions received the resources deposited at the Brazilian Central Bank (Banco Central do Brasil – BCB) due to rural credit lending quotas deficits on 2016/2017, totaling the amount of R$11,631,083,399.19. - Financial institutions that did not meet the rural lending quotas requirements on 2017/2018 had to pay financial cost because of the amendment of the article 21 of the Law 4829 of 1965, which regulates rural lending quotas, by the article 48 of the Law 13506 of 2017. - Twenty financial institutions incurred lending quota deficits in 2017/2018 and had to pay R$51,706,994.80 of financial cost. Rural Credit Data References - Rural Credit Data Matrix https://www.bcb.gov.br/estabilidadefinanceira/micrrural - Open Data http://dadosabertos.bcb.gov.br/ - Statistical Yearbook of Rural Credit (from 1999 to 2012) https://www.bcb.gov.br/estabilidadefinanceira/anuario_estat_credrural Carolina Netto de Almeida Analyst +55 (61) 3414-1506 [email protected]José Elias de Almeida Junior Analyst +55 (61) 3414-3311 [email protected]Adinaldo Luis Martins Coordinator +55 (61) 3414-3051 [email protected]Claudio Filgueiras P. Moreira Head of Derop +55 (61) 3414-1495 [email protected]
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Derop Bulletin - Banco Central Do Brasil · 2019-01-10 · Rural Credit Rural Credit Loans Rural credit from July 2017 to June 2018 totaled R$171.4, up 11.6% from July 2016 to June
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Surex/Suore/Supro Jul/2017 – Jun/2018
Derop Bulletin Rural Credit and Proagro
EXECUTIVE SUMMARY
Highlights
Rural Credit
- Rural credit originated from July 2017 to June 2018 totaled R$171.4 up 11.6% from
July 2016 to June 2017.
- As of May 2018, the outstanding balance of loans to rural credit borrowers reached
R$287.1 billion, 9.5% of total loans granted by the Brazilian Financial System.
End of Crop-Year 2017/2018
- On the annual rural lending quotas verification, settled on August 1, 2018, the
financial institutions received the resources deposited at the Brazilian Central Bank
(Banco Central do Brasil – BCB) due to rural credit lending quotas deficits on
2016/2017, totaling the amount of R$11,631,083,399.19.
- Financial institutions that did not meet the rural lending quotas requirements on
2017/2018 had to pay financial cost because of the amendment of the article 21 of
the Law 4829 of 1965, which regulates rural lending quotas, by the article 48 of the
Law 13506 of 2017.
- Twenty financial institutions incurred lending quota deficits in 2017/2018 and had
Carolina Netto de Almeida Analyst +55 (61) 3414-1506 [email protected]
José Elias de Almeida Junior Analyst +55 (61) 3414-3311 [email protected] Adinaldo Luis Martins Coordinator +55 (61) 3414-3051 [email protected] Claudio Filgueiras P. Moreira Head of Derop +55 (61) 3414-1495 [email protected]
(1) Includes: Fund for Workers’ A id (Fundo de Amparo ao Trabalhador - FAT), Fund for Lands and Agricultural Reform (Fundo de Terras e da Reforma Agrária -
FTRA), National Treasury Resources and Required Reserves on Cash Deposits
Source: Brazilian Central Bank (BCB) - Derop
System of Rural Credit Operations and of Proagro (Sistema de Operações do Crédito Rural e do Proagro - Sicor)
Data compiled on July 4, 2018
Non-Earmarked
Rural Savings Deposits
Unrestricted Resources
External Financing
LCA - Floating Rate
LCA - Max. Rate 12.75%
Earmarked
Demand Deposits
Rural Savings Deposits
Constitutional Funds
BNDES
Fund for the Defense of the Coffe
Industry (Funcafé)
Other Funding Sources (2)
LOANS BY FUNDING AND PURPOSE - FROM JULY 2017 TO JUNE 2018
COMPARED TO THE PERIOD FROM JULY 2016 TO JUNE 2017
FundingPurpose Value (R$ million) Change
Annex
Table 8
marketing 15,122 11,624 -23.1%
w orking capital 74,803 76,681 2.5%
processing 5,176 6,510 25.8%
investment 30,904 36,215 17.2%
Total 126,004 131,029 4.0%
marketing 6,755 18,174 169.0%
w orking capital 17,217 15,494 -10.0%
processing 633 780 23.2%
investment 2,938 5,948 102.5%
Total 27,543 40,395 46.7%
marketing 21,877 29,797 36.2%
w orking capital 92,020 92,175 0.2%
processing 5,809 7,290 25.5%
investment 33,841 42,163 24.6%
Total 153,547 171,425 11.6%
Source: Brazilian Central Bank (BCB) - Derop
System of Rural Credit Operations and of Proagro (Sistema de Operações do Crédito Rural e do Proagro - Sicor)
Data compiled on July 4, 2018
Non-Earmarked
Total
Funding Type PurposeValue (R$ million)
2016/2017
Value (R$ million)
2017/2018Change
Earmarked
LOANS BY FUNDING AND PURPOSE
Annex
Table 9
2016/2017 2017/2018
Demand Deposits - Pronaf 4.6 4.5
Demand Deposits - Pronamp 8.5 7.3
Demand Deposits - Demais Produtores 9.7 7.6
Rural Savings Deposits with Subsidy - Pronaf 4.4 4.4
Rural Savings Deposits with Subsidy - Pronamp 8.5 7.5
Rural Savings Deposits with Subsidy - Other Producers 9.5 8.3
Unrestricted Rural Savings Deposits 11.0 8.6
LCA - Floating Rate 13.4 10.1
LCA - Favored Rate 11.7 9.6
Source: Brazilian Central Bank (BCB) - Derop
System of Rural Credit Operations and of Proagro (Sistema de Operações do Crédito Rural e do Proagro - Sicor)
Data compiled on July 4, 2018
Average Rural Credit Annual Interet Rate (%)
Funding ResourceFrom June to July
Annex
Table 10
PROAGRO June 30, 2018
2015/2016 2016/2017 2017/2018
Adhesions 390,988 372,868 330,475
Covered Area (ha) 6,108,912 5,682,633 5,257,696
Value at Risk (R$) 13,278,569,242 14,771,121,939 13,496,588,739