BNDES - Brazilian Development Bank
   



Where am I? Home page  >>  The BNDES

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
11/21/2014
BNDES receives US$ 206 million in credit from French development agency
The Brazilian Development Bank (BNDES) received a US$ 206 million loan from the French Development Agency (AFD). The contract was signed on October 21, in Paris, by the president of the BNDES, Mr. Luciano Coutinho, and the Chief Executive Officer of the AFD, Ms. Anne Paugam. The term is for 12 years, with a three-year grace period. This is the first operation between the two institutions.
10/14/2014
BNDES receives US$ 100 million from Swedish Export Credit Corporation
The Brazilian Development Bank (BNDES) obtained a five year US$ 100 million loan from the Swedish Export Credit Corporation (SEK). SEK is a Swedish financial institution that provides sustainable financial solutions for Swedish exporters