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
Norway fulfills its commitment to contribute one billion USD to the Brazilian Amazon Fund
Norwegian Minister of Climate and Environment Tine Sundtoft announced in Rio de Janeiro today that Norway will, before the global climate change summit in Paris in December, have fulfilled its 2008-commitment to contribute one billion USD to the Brazilian Amazon Fund in recognition of Brazil’s outstanding results in reducing Amazon deforestation over the last decade.
BNDES and NDB BRICS sign memorandum to improve cooperation
The Brazilian Development Bank (BNDES) and the New Development Bank of the BRICS signed a memorandum of understanding aimed at strengthening cooperation between the Brazilian bank and the financial institution which comprises Brazil, Russia, India, China and South Africa.