The board of directors of the BNDES approved R$ 3.882 billion in financing for Vale. The funds will be used to implement the North Logistics Capacity-Building project, which was created to implement a 30.4% expansion of the transport capacity and shipment of iron ore from Vale's Logistics System, which covers the Carajás Railroad and the rail and maritime terminals in Ponta da Madeira, in the states of Pará and Maranhão.

The BNDES posted a net income of R$ 2.7 billion in the first half of 2012. In a period marked by the instability of financial markets and the weak performance of the stock markets, the fixed income segment was the main factor that contributed to the result.

The BNDES, Petrobras and the Financier of Studies and Projects (FINEP) have signed a technical cooperation agreement in the amount of R$ 3 billion to implement Inova Petro, a joint action plan to promote innovation projects in the supply chain of goods and services in the oil and natural gas industry.

The BNDES approved R$ 131 million in financing to renovate and expand the Joaquim Américo Guimarães Stadium, also known as the Baixada Arena in Curitiba. The funds, which will be allocated to the state of Paraná, correspond to 73% of the total investment in the project, which will adapt equipment to criteria established by FIFA to host World Cup games in 2014.