BNDES - Brazilian Development Bank
   



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The BNDES System

The BNDES has three integral subsidiaries: FINAME, BNDESPAR and BNDES PLC. Together, the four companies comprise the BNDES System.

FINAME’s resources are earmarked for financing purchase and sales operations and exports of Brazilian machinery and equipment, as well as imports of goods of the same nature produced overseas. Its activities are developed in conjunction with the collaboration of the BNDES, which in turn is responsible for FINAME. However, the management of this agency is responsibility of its Administrative Board.

BNDESPAR is a business corporation, which has been established as an integral subsidiary of the BNDES. It carries out capitalization operations of undertakings controlled by private groups, while abiding by the BNDES’ plans and policies.

Among the other goals, the subsidiary is responsible for contributing to the strengthening of Brazil’s capital market by expanding the offer of securities and democratizing the ownership of company capital.

For further details on the structure of BNDESPAR and FINAME, please refer to the Basic Legislation of the BNDES System.

Please read further information on BNDES PLC.

 



Recent News  Recent News
12/03/2014
BNDES’ disbursements remain stable until October
The Brazilian Development Bank (BNDES) ended October with a stable volume of disbursements reaching R$ 146.5 billion in the first 10 months of the year. This means that the Bank should end 2014 with disbursements at a level similar to that recorded last year, when the Bank released R$ 190.4 billion.
12/03/2014
BNDES study forecasts investments of R$ 4.1 tri in 2015-2018
December 3, the Brazilian Development Bank (BNDES) released two publications estimating investments forecast in the Brazilian economy for the 2015-2018 period, the ninth consecutive edition of the report Perspectives on Investment and the series of studies entitled Sectorial Overviews.