BNDES - Brazilian Development Bank

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BNDES publishes detailed conditions for the granting of financing for the concession of the Florínea-Igarapava Road System
As well as airports, credit depends on the governance requirements. An independent enterprise must monitor the progress of the project.
BNDES releases indicative loan conditions for airport concessions
Credit is conditioned to governance and monitoring requirements by an independent company certifying the adequate progress of the project.
BNDES approves R$ 2.3 bn in financing for Fibria’s new pulp production plant
The Brazilian Development Bank (BNDES) approved financing for Fibria-MS Celulose Sul Mato-Grossense, in the amount of R$ 2.3 billion to implement a new production line for whitened eucalyptus pulp in the city of Três Lagoas (MS), with a nominal capacity of 1,750 tons/year. The project includes acquiring wagons, locomotives as well as nationally-produced machinery and equipment, besides social investments in areas affected by the company.
BNDES’ disbursements total R$ 18.1 billion in 1Q
The BNDES’ disbursements reached R$ 18.1 billion in the first quarter of this year, down 46% compared to the same period in 2015. Consultations, which totaled R$ 23.5 billion, dropped 7%, showing that the fall is slowing. The same result was posted in eligibilities, which reached R$ 22.7 billion, declining 4% in a quart-on-quarter comparison. Approvals, at R$ 13.5 billion in 1Q16, plummeted 37%.
BNDES posts earnings of R$ 6.2 billion in 2015
The Brazilian Development Bank (BNDES) posted net earnings of R$ 6.199 billion in 2015. The main positive factor was the increase in the earnings from financial intermediation, which reached R$ 18.691 billion, up 39.6% on amounts registered in 2014. Another positive indicator was the steady and low default rate, at 0.06%, well below the average for the National Financial System, which was 3.4%. This reflects the high quality of the Bank’s credit portfolio.
BNDES allocates R$500 million to combat disease related to Aedes Aegypti mosquito
The Brazilian Development Bank (BNDES) will provide R$ 500 million for efforts related to preventing, combating and diagnosing disease related to the Aedes Aegypti mosquito. The financing was announced on March 23, in Brasília, during a ceremony held at the Palácio do Planalto, with President Dilma Rousseff presiding.
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