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
02/09/2015
BNDES increases financing options to acquire capital goods
The Brazilian Development Bank (BNDES) is expanding its financing alternatives to acquire capital goods. The Bank will adopt a new fixed-interest rate, at current market values, to complement financing under the BNDES’ Investment Maintenance Program (PSI).
02/05/2015
Amazon Fund surpasses R$ 1 billion in approved projects
The Brazilian Development Bank (BNDES) has surpassed the milestone of R$ 1 billion in operations approved to receive resources from the Amazon Fund. The milestone was reached on December 2014 and corresponds to a sum approved since 2009, when the Fund first started its activities.