2024-09-06
Bloomberg: Nubank reported on Aug. 13 that non-performing loans of 90 days or more hit a record 7% in the second quarter, at the same time that it cut provisions for bad debts to $760 million from $831 million three months before https://www.bloomberg.com/...
Bloomberg
Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app
Bloomberg : X: @aldrinzigmundv X: Aldrin Zigmund Cortez Velasco / @aldrinzigmundv : Nubank reported on Aug. 13 that non-performing loans of 90 days or more hit a record 7% in the...