COGNICURRENT

The São Paulo government has approved a R$ 2.64 billion supplementary credit for the construction of the Santos-Guarujá tunnel, a long-awaited infrastructure project in Brazil.

The São Paulo government has issued a decree to open supplemental credit after federal funds for the Santos-Guarujá tunnel were blocked by the TCU.

In Mexico, the banking sector has pledged to increase private sector credit from 38% to 45% by 2030, as emphasized by the President of the Mexican Banking Association at the opening of the 89th Banking Convention.

A private bank in Argentina has reduced its mortgage interest rates by nearly 10 percentage points specifically for independent workers, benefiting monotributistas who face tougher credit conditions compared to salaried employees.

The podcast discusses the potential for a new financial crisis stemming from Blue Owl Capital and the challenges facing private credit markets.

The private credit market, valued at around $2 trillion, is facing unprecedented challenges amid investor withdrawals and company bankruptcies, raising concerns over loan valuations.

The Wall Street Journal reports on the complexities of the Cliffwater Corporate Lending Fund, which is facing a wave of redemption requests due to investor concerns about the true value of its assets.

A senior executive from Apollo Global Management raised serious doubts about the sustainability and valuations in the private investment market, warning that significant corrections could be on the horizon for private equity and private credit markets.

Private credit issuance is experiencing significant liquidity demands from retailers, leading major fund managers to limit withdrawals as the quality of loans, particularly in the software sector, is questioned.

The article discusses the pressures on funds in the U.S. that provide loans to companies, cautioning German investors about potential financial risks.

The article discusses the overshadowed crisis in the private credit market, which is showing signs of exhaustion amidst the focus on the war in the Middle East.

Deutsche Bank has reported a 6% increase in its private credit portfolio but warns of potential risks associated with the sector.

Nigerian banks extended N36.39 trillion in credit to the trade sector in the first nine months of 2025, indicating a modest increase amid calls for more private sector funding.

U.S. bank stocks have dropped significantly due to fears of layoffs linked to AI advancements and problems in the private credit market.

Private credit is facing severe challenges with a series of bankruptcies and the freezing of acquisitions, signaling a potential crisis in the rapidly expanding market valued at $3 trillion.

Concerns are rising in the U.S. and European markets that software companies may collapse due to AI threats, leading to fears of 'bad debt transfer' within private credit funds associated with these businesses.

Jorge Brito, a key Argentine businessman, emphasizes the challenges faced by the private sector amidst the government's stabilization efforts and suggests gradually enabling dollar credit to stimulate growth.

The IMF has stated that Argentina's purchase of over 2 billion dollars in foreign currency this year signals positive steps towards ensuring access to private credit markets.

Namibia's private sector has accumulated a total debt of N$122.3 billion, with recent credit growth showing modest fluctuations.

The Central Bank of Kenya has reduced its benchmark lending rate to stimulate credit to the private sector and support economic growth.

Santander plans to invest US$230 million this year, with a strong focus on technology, as the financial system shifts towards private credit expansion.

BRB is negotiating the sale of credit portfolios from Banco Master to major private banks in Brazil, including BTG Pactual.

The Katseli Law, affecting 350,000 debtors and guarantors, is causing significant backlash among private debt managers following a Supreme Court decision that alters the interest calculation method for these loans, making it a global exception in banking credit practices.

The government is expanding low-interest financial support at around 5-6% to help vulnerable low-credit groups avoid illegal high-interest private financing, and is introducing a one-stop system for victims to access all government services with a single application.

The 'Tax Credit for Strong Families' initiative is a Texas tax policy aimed at directing private resources into social programs that strengthen households, established under the SB 2018 law signed by Governor Greg Abbott.

The 14th Chamber of Private Law of the Rio de Janeiro Court of Justice unanimously decided to maintain a lower court ruling requiring Itaú and Mastercard to stop obstructing or blocking the use of their credit cards in digital wallets as a payment method.

China's central bank is set to lower relending rates and extend financial support to private and technology sectors, including a significant 900 billion yuan boost to these industries.