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
04/03/2014
BNDES releases program to support innovation in micro, small and medium-sized enterprises
The Brazilian Development Bank (BNDES) has created a program to stimulate investments in innovation and increase the competitiveness of smaller companies. With a total budget of R$ 500 million, the BNDES Support Program for Innovative Micro, Small and Medium-sized Enterprises (BNDES MPME Inovadora) is already in operation, and its expiry date ends on December 31, 2015.
03/28/2014
BNDES obtains US$ 500 million from the Tokyo Mitsubishi Bank
The Brazilian Development Bank (BNDES) took out a US$ 500 million loan from the Japanese Tokyo-Mitsubishi Bank UFJ (BTMU). The contract was signed on March 28 at the BNDES’ São Paulo office, featuring the BNDES’ president, Luciano Coutinho, and the chief-executive of BTMU in Latin America and chairman of the organization in Brazil, Toshifumi Murata.