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