Mar 28, 2016
BNDES posts earnings of R$ 6.2 billion in 2015
The Brazilian Development Bank (BNDES) posted net earnings of R$ 6.199 billion in 2015. The main positive factor was the increase in the earnings from financial intermediation, which reached R$ 18.691 billion, up 39.6% on amounts registered in 2014. Another positive indicator was the steady and low default rate, at 0.06%, well below the average for the National Financial System, which was 3.4%. This reflects the high quality of the Bank’s credit portfolio.
Mar 23, 2016
BNDES allocates R$500 million to combat disease related to Aedes Aegypti mosquito
The Brazilian Development Bank (BNDES) will provide R$ 500 million for efforts related to preventing, combating and diagnosing disease related to the Aedes Aegypti mosquito. The financing was announced on March 23, in Brasília, during a ceremony held at the Palácio do Planalto, with President Dilma Rousseff presiding.
Feb 2, 2016
BNDES lowers financing costs for working capital, capital goods and exports
The Brazilian Development Bank (BNDES) is taking on new measures to improve the financing conditions for Brazil’s production sector, so as to preserve production, jobs and income. One focus is to alleviate the cash flow for companies, allowing them to refinance operations using the BNDES PSI and expanding the term to quit debts in new operations using the BNDES Card.
Jan 29, 2016
BNDES and IFC launch study on PPP project structuring
The Brazilian Development Bank (BNDES) and the International Finance Corporation (IFC) have just launched a study “Structuring PPP and Concession Projects in Brazil: Diagnosis of the Brazilian model and proposals for improvement”. The study comprises a map of development models for private participation projects in Brazil and worldwide.