BNDES - Brazilian Development Bank

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BNDES will host a conference call to present its 2014 Earnings Release on April 20
On April 20, at 11:00 a.m. (EST), at 12:00 p.m. (Brazil time), Selmo Aronovich (Deputy Executive Officer of Financial Division) and Sergio Foldes Guimarães (Deputy Executive Officer of International Division) will host a conference call to present the BNDES`s 2014 Earnings Release and discuss recent developments of the institution. The presentation will be followed by a Q&A session.
BNDES signs agreement to raise US$ 150 million through Japanese banks
The Brazilian Development Bank (BNDES) has just entered into a financing agreement in the amount of US$ 150 million with the JBIC and the Mizuho Bank, Ltd. The operation is within the scope of the GREEN Line, whose purpose is to provide support to projects focusing on preserving the global environment, promoting the reduction of greenhouse gas emissions, energy efficiency, and energy generation from renewable sources.
BNDES’ profit rises 5.4% reaching R$ 8.59 billion in 2014
The Brazilian Development Bank (BNDES) posted net earnings of R$ 8.594 billion in 2014, up 5.4% against the R$ 8.150 billion registered in 2013. This is the third largest result in the Bank’s history.
BNDES disbursements reach R$ 187.8 billion in 2014
Disbursements made by the Brazilian Development Bank (BNDES) reached R$ 187.8 billion in 2014, dropping 1% against the R$ 190.4 billion from 2013. The result is keeping with the Bank’s expectations for stabilizing releases. Concerning approvals and inquiries, indicators also show a moderate performance.
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