BNDES - Brazilian Development Bank

News  News
Jun 5, 2023
The BNDES has a recurring profit of BRL 1.7 billion in the first quarter
Net income, which is influenced by extraordinary events such as Petrobras dividends and reversal of provision for credit risk, was BRL 4 bn. Recurring income comes mainly from the lower average balance of Treasury - mainly due to early settlements to the Treasury in the 4th quarter/22. Disbursements totaled BRL 19.1 billion, compared to BRL 14.8 billion in the 1st quarter of 22 Default remained at a low level: 0.06%.
Mar 21, 2023
Executive Board presents 2022 profit and projects BNDES’ size to double to 2% of GDP by 2026
“Our project is to return to the historical level of BNDES disbursements since the beginning of the implementation of the Real, which is 2% of GDP. For this, we want to double the size of BNDES by 2026 so that it can fulfill its role of economic and social development,” said BNDES President Aloizio Mercadante at a press conference held on Tuesday the 14th, at the bank's headquarters in Rio de Janeiro.
Feb 25, 2022
BNDES registers record net profit in 2021 and now has the largest portfolio of infrastructure concessions in the world
Bank recorded BRL 34.1 billion in net income, the highest value in its historical series, 65% above 2020. Result was mainly influenced by the sale of equity interests and debentures, in addition to higher dividend income. BNDES has become the largest structuring of infrastructure concession projects among its peers, according to a ranking by data provider Infralogic. The bank's portfolio includes sanitation, transport, urban infrastructure and energy with more than BRL 270 billion in planned investments.
Nov 16, 2021
BNDES creates matchfunding to invest up to BRL 500 million in forest recovery with support from partners
The following companies have already confirmed participation in the Living Forest Initiative: Petrobras, Coopercitrus, Heineken Group, Itaipu Binacional — in partnership with the Government of Mato Grosso do Sul — Philip Morris Brasil and Vale, through the Vale Fund The Bank will participate with up to 50% of the resources applied in the initiative
The reforestation of 16,000 to 33,000 hectares with native species and biodiversity is expected

Highlights  Highlights