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
12/23/2014
Disbursements from the BNDES up to November reach R$ 162 billion and reflect stability
The Brazilian Development Bank (BNDES) disbursed R$ 162.3 billion in the first 11 months of 2014, reflecting stability compared to the performance in the same period last year. The result up to November also shows a release value similar to the R$ 190 billion in 2013.
12/23/2014
BNDES sets new rules for granting financings
The Brazilian Development Bank (BNDES) carried out a comprehensive revision of its operational policies. The Bank’s aim is to offer the best conditions concerning rates, terms and level of participation for priority sectors. At the same time, the BNDES is enhancing the use of market indexers in its financing and providing more room for other sources so they can also work with long-term financing.