The resources are from the BNDES Program for the Development of Culture Economy (BNDES Procult), one of the financial instruments that the Bank presents to the sector starting this Saturday (24), in the 5th Brazilian Independent Games Festival (BIG Festival), of which the Bank is a sponsor.

The Brazilian Development Bank (BNDES), in Diário Oficial da União (DOU), today published an announcement of conclusion of the process of privatization of the electric power distributor Celg Distribuição S.A (CELG D), acquired by the Italian group Enel Brasil S.A. in an auction held on November 30, 2016, at BM&FBovespa, nowadays known as B³.

The new president will be the 35th to direct the institution. In his inaugural speech, he highlighted the Bank’s key role in long-term investments and in the financing of MSMEs.

BNDES Finame, credit line for capital goods, registers increase of almost 200% in approvals for the Industry between January and April