BNDES lowers financing costs for working capital, capital goods and exports
The Brazilian Development Bank (BNDES) is taking on new measures to improve the financing conditions for Brazil’s production sector, so as to preserve production, jobs and income. One focus is to alleviate the cash flow for companies, allowing them to refinance operations using the BNDES PSI and expanding the term to quit debts in new operations using the BNDES Card.
BNDES and IFC launch study on PPP project structuring
The Brazilian Development Bank (BNDES) and the International Finance Corporation (IFC) have just launched a study “Structuring PPP and Concession Projects in Brazil: Diagnosis of the Brazilian model and proposals for improvement”. The study comprises a map of development models for private participation projects in Brazil and worldwide.
BNDES disburses R$ 136 billion in 2015
The Brazilian Development Bank (BNDES) disbursed R$ 136 billion for investment projects in 2015. The Infrastructure sector received the largest disbursement with R$ 54.9 billion or 40.4% of the total, followed by Industry – to which the BNDES disbursed R$ 36.9 billion (27.1%) –, Trade and Services (R$ 30.4 billion or 22.4%) as well as Agriculture and Cattle Raising (R$ 13.7 billion or 10.1%).
BNDES raises US$ 100 million with Japanese banks to invest in renewable energy projects
On December 3, the Brazilian Development Bank (BNDES) signed an agreement to raise resources with three Japanese banks in the amount of US$ 100 million. The operation was sealed in Tokyo, and the Japan Bank for International Cooperation (JBIC) is the main source, with the Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank, Ltd. as associates.