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
07/21/2014
BNDES receives US$ 335 million from Germany’s KfW bank in support of renewable energy
On Monday, July 21, 2014, in Berlin, the BNDES and Germany’s KfW bank signed a loan agreement to the tune of US$ 335 million. Resources, raised by the Brazilian bank, will be used to finance wind park projects to be implemented in Brazil by Brazilian companies. The operation is the largest ever carried out by the German development bank in Brazil.
07/17/2014
BNDES signs accords with China’s financial institutions
Today, the president of the Brazilian Development Bank (BNDES), Mr. Luciano Coutinho, signed memoranda of understanding between the Bank and Chinese financial institutions. The ceremony was held at the presidential Planalto Palace in Brasília, during a meeting between President Dilma Rousseff and China’s president, Xi Jinping, who has been in the country since the beginning of the week, when he took part in the VI Brics Summit.