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
04/17/2015
BNDES will host a conference call to present its 2014 Earnings Release on April 20
On April 20, at 11:00 a.m. (EST), at 12:00 p.m. (Brazil time), Selmo Aronovich (Deputy Executive Officer of Financial Division) and Sergio Foldes Guimarães (Deputy Executive Officer of International Division) will host a conference call to present the BNDES`s 2014 Earnings Release and discuss recent developments of the institution. The presentation will be followed by a Q&A session.
03/19/2015
BNDES disbursements reach R$ 187.8 billion in 2014
Disbursements made by the Brazilian Development Bank (BNDES) reached R$ 187.8 billion in 2014, dropping 1% against the R$ 190.4 billion from 2013. The result is keeping with the Bank’s expectations for stabilizing releases. Concerning approvals and inquiries, indicators also show a moderate performance.