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
08/01/2014
BNDES and Japanese bank JBIC sign a contract focused on small and medium-sized enterprises
On August 1, 2014, the Brazilian Development Bank (BNDES) and the Japan Bank for International Cooperation (JBIC) signed a Memorandum of Understanding focused on small and medium-sized enterprises. The document was signed by the BNDES’ president Luciano Coutinho and the vice-president of the Japanese institution, Koichi Yajima. This took place during the official visit of Japanese Prime Minister Shinzo Abe to Brazil.
07/24/2014
BNDES signs agreement with Mozambique National Investment Bank
The Brazilian Development Bank (BNDES) signed a memorandum of understanding with the National Investment Bank S.A. (BNI), a financial institution controlled by Mozamibque’s Management Institute of State Holdings (IGEPE), with the head offices in Maputo.