BNDES - Brazilian Development Bank
   



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BNDES Africa

Over the last few years, Africa has brought development back to the fore, with growth rates above the worldwide average. International trade between the continent and Brazil has managed to keep in step with such progress.

The Brazilian government has sought to strengthen its ties with the continent within the context of growing economic exchanges with developing countries.This foresight is reflected in the BNDES’ appointment of a division specifically for issues involving Africa, and in the creation, in December 2013, of its representative office in Johannesburg – known as BNDES Africa.

With the focus on information, prospecting, partnerships, institutional relations and technical cooperations, the BNDES' office plans to concentrate efforts to create partnerships and investments across the entire African continent.

BNDES Africa
Illovo Edge Office Park
Building 1, 4th floor
Cnr Fricker & Harries Road - Illovo - Sandton
2196 - Johannesburg - Republic of South Africa
Tel.: +27 (0) 11 243-5200
Fax: +27 (0) 11 243-5201 / +27 (0) 11 243-5202

 



Recent News  Recent News
04/26/2016
BNDES’ disbursements total R$ 18.1 billion in 1Q
The BNDES’ disbursements reached R$ 18.1 billion in the first quarter of this year, down 46% compared to the same period in 2015. Consultations, which totaled R$ 23.5 billion, dropped 7%, showing that the fall is slowing. The same result was posted in eligibilities, which reached R$ 22.7 billion, declining 4% in a quart-on-quarter comparison. Approvals, at R$ 13.5 billion in 1Q16, plummeted 37%.
03/28/2016
BNDES posts earnings of R$ 6.2 billion in 2015
The Brazilian Development Bank (BNDES) posted net earnings of R$ 6.199 billion in 2015. The main positive factor was the increase in the earnings from financial intermediation, which reached R$ 18.691 billion, up 39.6% on amounts registered in 2014. Another positive indicator was the steady and low default rate, at 0.06%, well below the average for the National Financial System, which was 3.4%. This reflects the high quality of the Bank’s credit portfolio.