Brazil's total outstanding loan stock rose 0.9% month-on-month in March 2026, reaching R$7.2 trillion. Total credit to companies and families grew 1.1% and 0.8% respectively, reaching R$2.7 trillion and R$4.5 trillion. Credit with free resources totaled R$4.1 trillion, up 1.1%. For legal entities, free resource credit hit R$1.6 trillion, driven by seasonal increases in discounting bills (8.5%), working capital under 365 days (9.1%), and sight credit cards (14.6%). Credit to individuals with free resources totaled R$2.5 trillion, up 1.1%, supported by sight credit cards (2.2%), private sector payroll credit (10.1%), and vehicle financing (0.8%). Directed credit grew 0.7% to R$3.1 trillion, with increases of 1.2% for companies and 0.5% for families. Year-on-year, credit to legal entities rose 7.6% and credit to individuals climbed 10.9%.