BNDES - Brazilian Development Bank

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BNDES triples profit and attracts resources from the private sector for national development
BNDES triples profit and attracts resources from the private sector for national development
The Bank attracts billionaire investments in concessions, such as sanitation in Rio, and financing for partnership projects. Gain from disposals of Vale's participating debentures and equity interests positively influenced the result. The BNDES transferred BRL 75.9 billion to the Treasury by July, including advance payments and ordinary payments, dividends and taxes. Profit in the quarter reaches BRL 5.3 billion, accumulating BRL 15.1 billion in the half year.
BNDES profit continues to rise and disbursements grow to meet needs during the crisis
R$ 9.8 billion in positive result is over 70% higher than in the first quarter of 2020. Recurring profit, which does not consider extraordinary effects, such as asset sales, is R$ 2.4 billion. More than half of the credit negotiated by BNDES went to green economy and social development. Project Factory advances with sanitation in Rio and other projects
BNDES creates new structure for issuing green, social and sustainable bonds, with support from IDB
Bank launches its Sustainability Bond Framework. Document receives assent from international sustainability company
BNDES supported more than 460,000 small- and medium-sized enterprises in 2020 and had a record profit of R$ 20.7 billion
For the first time, BNDES disbursed more to small- and medium-sized companies than to large ones. Total disbursement reached R$ 64.9 billion and grew 17% when compared to 2019
BNDES finances two wind farms in Rio Grande do Norte
Power plants will generate clean and renewable energy for 242,000 homes. The project construction will generate 775 jobs
BNDES will support expansion of renewable energy generation of the São Martinho group
Projects contribute to innovations in corn ethanol generation and sugarcane bagasse use. Investments will increase the productivity and efficiency of the existing plants. Projects in the states of São Paulo and Goiás will create more than 200 direct jobs
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