The Brazilian Development Bank (BNDES) ended October with a stable volume of disbursements reaching R$ 146.5 billion in the first 10 months of the year. This means that the Bank should end 2014 with disbursements at a level similar to that recorded last year, when the Bank released R$ 190.4 billion.

December 3, the Brazilian Development Bank (BNDES) released two publications estimating investments forecast in the Brazilian economy for the 2015-2018 period, the ninth consecutive edition of the report Perspectives on Investment and the series of studies entitled Sectorial Overviews.

The Brazilian Development Bank (BNDES) received a US$ 206 million loan from the French Development Agency (AFD). The contract was signed on October 21, in Paris, by the president of the BNDES, Mr. Luciano Coutinho, and the Chief Executive Officer of the AFD, Ms. Anne Paugam. The term is for 12 years, with a three-year grace period. This is the first operation between the two institutions.

The Brazilian Development Bank (BNDES) obtained a five year US$ 100 million loan from the Swedish Export Credit Corporation (SEK). SEK is a Swedish financial institution that provides sustainable financial solutions for Swedish exporters