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The BNDES System

The BNDES has two integral subsidiaries: FINAME and BNDESPAR. Together, the three 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.

See also: Basic Legislation of the BNDES System.

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Recent News  Recent News
09/21/2017
BNDES holds a Public Hearing on Lotex concession on September 26
The instant lottery business is based on a previously established and known prize structure that generates printed or virtual tickets. No external event is needed (such as a draw) for bettors to find out whether they have won.
09/19/2017
BNDES and the French Development Agency establish a partnership on energy efficiency and climate change
The funds, already fully disbursed, financed five wind farms, the construction of a biomass-fired thermoelectric plant and expansion of another, and the modernization of two hydroelectric plants.