{
  "id": 9212141,
  "title": "Santander anticipates the end of credit deterioration in Brazil",
  "url": "https://urgent.news/2026/09/22/santander-anticipa-el-final-del-deterioro-crediticio-en-brasil",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-22T22:15:16.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/banca/2026/09/23/6ab2c04ae5fdea20218b4576.html"
  },
  "original_language": "es",
  "account": "Santander, a major bank, is shifting its focus in Brazil to high-income clients and diversifying its portfolio to reduce risk exposure. The bank believes the pressure on its Brazilian business is nearing its peak and that the worst is over in terms of risk costs, which are expected to remain at 4.2% in 2026. Santander's Brazilian operations have seen a 30% increase in dollar-denominated portfolios and a greater emphasis on affluent clients, with this segment growing by four percentage points in the last year. The bank forecasts a resilient economy in Brazil in 2026, but notes that uncertainty surrounding October's elections may impact growth sustainability.",
  "summary": "The bank is betting on greater portfolio diversification, with more emphasis on high-income clients.",
  "key_points": [
    "Santander predicts end of credit deterioration in Brazil",
    "Bank diversifies portfolio to high-income clients",
    "Risk cost indicator expected not to worsen in 2026"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}