BNDES - Brazilian Development Bank

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BNDES and the New Development Bank, “the BRICS’ bank,” carry out the 1st disbursement in Brazil
The Brazilian energy grid, although renewable, has more than 60% of its generation from hydroelectric sources, which tends to be increasingly exposed to the effects of climate change and drought periods.
BNDES launches fixed rate to finance working capital
The fixed-rate financing in BNDES Giro, the line of support to working capital, seeks to meet companies that do not want to be exposed to liability linked to inflation.
BNDES signs a R$ 140 million contract with IBAMA to support surveillance in the Amazon
The resources are the Amazon Funds, coordinated by MMA and managed by BNDES, and will support IBAMA’s activities of environmental surveillance and deforestation control in the Amazon for 36 months, as of May 2018.
BNDES and Mtur establish a partnership to boost Brazilian tourism and structure national destinations
To facilitate the access to credit and strengthen tourism activities, BNDES provided existing instruments of credit to operate in the Prodetur +Turismo
BNDES carries out the early payment of R$ 30 billion to the Brazilian Treasury
For the processing of these operations, BNDES sends an official letter to the Brazilian Treasury Department (STN), informing the prepayment’s approval and submitting the proposal of contracts to be prepaid for approval.
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