Chile’s Central Bank says risks to financial stability have declined

The Central Bank of Chile said that during the first half of the year, the risks to the country’s financial stability have declined due to an improved external outlook, the progression of vaccination against COVID-19 and the adaptive capacity of various actors. The Financial Stability Report (IEF) states that unlike past crises in Chile, financing costs have remained low, debt has been contained and credit has continued to flow, although at a slower pace.