911:
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451:". Despite the recognition of financial volume, effective infrastructure and organization, the bank is used by only a few industries. The concentration of financial volume in few and perhaps questionable industries contradicts the bank's development and diffusion goals. The concentration contrasts greatly with Brazilian's
381:
The bank offers financial support lines and programs to companies of any size and sector that have been set up in the country. The partnership with financial institutions with agencies established around the country facilitates the dissemination of credit, enabling greater access to BNDES's financial
377:
Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the support of investments in agriculture, commerce, and the service industry, as well as in small- and medium-sized private businesses, even though
449:... the BNDES is a huge development bank (...) People don’t realize this, but Brazil has actually shown how a single country can create a very effective development bank (...) that actually promotes real development without all the conditionality and all the trappings around the old institutions
623:
373:
Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports.
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The president of BNDES oversees both subsidiaries of the BNDES group: FINAME and BNDESPAR. Together, the three companies comprise the BNDES System. The BNDES President is appointed by the
653:
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366:. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the
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370:, which boasts assets of around RMB 7.52 trillion, or around $ 1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%.
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its focus lies on larger firms. The bank has supported social investments aimed at education and health, family agriculture, basic sanitation and mass transportation.
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BNDES has been accused of operating with larger firms in a corrupt manner and giving help to big corporations instead of small and medium-sized private businesses.
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1111:"Direito e Infraestrutura: Infrastructure: BNDES concentrates 89& of its investments in five industries; three relate to the Brazilian infrastructure"
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Operating with statutes of "ethical and environmental principles", in 2012, BNDES approved a 22.5 billion real loan for the construction of the
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BNDES has three integral subsidiaries: FINAME, BNDESPAR, and BNDES Limited. Together, the three companies comprise the BNDES System.
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1261:"Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMF"
1207:
403:
In 2013, ~90% of BNDESPAR investments concentrates in five industries. In recent BNDES investments,
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The bank has been criticized for supporting the international expansion of some private firms.
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Introduction to Banco
Nacional de Desenvolvimento EconĂ´mico e Social in English
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has its own development bank, a key financial organization, bigger than the
27:
Banking company that provides risk capital for economic development projects
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www.democracynow.org/2014/7/17/nobel_economist_joseph_stiglitz_hails_new
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331:
978:"Ao menos cinco governos estudam vender estatais com apoio do BNDES"
35:
1174:"Brazil's BNDES approves $ 10.8 bln loan for Amazon Belo Monte dam"
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structured as a federal public company associated with the
1163:'s fortune gained with help from BNDES, and BNDES loss.
1004:"BNDES publica edital para abrir privatização da Lotex"
1248:"new GPA", a business in which the BNDES should not be
921:
348:
Banco
Nacional de Desenvolvimento EconĂ´mico e Social
133:
Banco
Nacional de Desenvolvimento EconĂ´mico e Social
60:. Unsourced material may be challenged and removed.
340:National Bank for Economic and Social Development
1304:
1070:Fernando J. Cardim de Carvalho (January 2013).
388:
1252:
1104:
1102:
1074:. D+C Development and Cooperation/ dandc.eu.
950:
948:
308:AgĂŞncia Especial de Financiamento Industrial
1258:
1230:, about BNDES operations with EBX and CCX,
1027:: CS1 maint: numeric names: authors list (
432:Economists around the world recognize that
1109:Silva, MaurĂcio Jayme E. (18 March 2013).
909:
147:
138:
1129:
1127:
1099:
945:
120:Learn how and when to remove this message
1313:Companies based in Rio de Janeiro (city)
624:José Carlos Perdigão Medeiros da Fonseca
325:
1204:"BNDES alimenta a JBS - ISTOÉ Dinheiro"
1192:
1001:
14:
1305:
1124:
1133:"BNDES $ 7.5 billion bet on Friboi",
1108:
1049:(in Brazilian Portuguese). 2016-11-25
1002:G1, Do; Paulo, em SĂŁo (2016-11-25).
58:adding citations to reliable sources
29:
24:
891:List of national development banks
457:small and medium-sized enterprises
25:
1354:
1180:from the original on 26 July 2014
1157:www.bloomberg.com/news/2013-07-03
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1343:Government-owned banks of Brazil
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34:
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744:José Pio Borges de Castro Filho
558:February 1961 - September 1961
45:needs additional citations for
1259:Goodman, Amy; González, Juan.
1176:. Reuters. November 26, 2012.
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1078:
1035:
995:
970:
734:André Pinheiro de Lara Resende
724:Luiz Carlos Mendonça de Barros
708:September 1993 - January 1995
658:January 1987 - September 1989
618:September 1983 - October 1984
604:Luiz Antonio Sande de Oliveira
13:
1:
1323:1952 establishments in Brazil
1228:infomoney.com.br of 2013 July
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788:January 2003 - November 2004
768:February 2000 - January 2002
718:January 1995 - November 1995
654:Márcio João de Andrade Fortes
474:
462:
778:January 2002 - January 2003
764:Francisco Roberto André Gros
608:March 1979 - September 1983
163:Government-owned corporation
69:"Brazilian Development Bank"
7:
1201:about "BNDES feeding JBS":
1139:www.estadao.com.br/noticias
1086:"Empresas do Sistema BNDES"
884:
848:April 2018 - December 2018
824:Maria Silvia Bastos Marques
798:November 2004 - March 2006
738:April 1998 - November 1998
728:November 1995 - April 1998
648:August 1985 - January 1987
568:September 1961 - June 1963
564:Leocádio de Almeida Antunes
518:March 1955 - February 1956
389:Criticism and controversies
10:
1359:
1338:National development banks
1144:September 2, 2013, at the
982:www.portaldoholanda.com.br
868:July 2019 - December 2022
758:July 1999 - February 2000
748:November 1998 - July 1999
688:October 1992 - March 1993
678:March 1990 - October 1992
668:October 1989 - March 1990
644:André Franco Montoro Filho
628:October 1984 - March 1985
598:October 1970 - March 1979
588:March 1967 - October 1970
554:José Vicente de Faria Lima
548:July 1959 - February 1961
534:Roberto de Oliveira Campos
528:February 1956 - June 1958
508:June 1953 - February 1955
1318:Banks established in 1952
1010:(in Brazilian Portuguese)
984:(in Brazilian Portuguese)
858:January 2019 - June 2019
774:Eleazar de Carvalho Filho
698:March 1993 - August 1993
664:Ney Fontes de Melo Távora
638:March 1985 - August 1985
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1286:"Nossa histĂłria - BNDES"
878:December 2022 - present
694:Luiz Carlos Delben Leite
684:Antonio Barros de Castro
538:August 1958 - July 1959
514:Glycon de Paiva Teixeira
368:Chinese Development Bank
838:June 2017 - March 2018
834:Paulo Rabello de Castro
578:July 1964 - March 1967
360:Ministry of the Economy
808:March 2006 - May 2007
634:Dilson Domingos Funaro
498:July 1952 - June 1953
347:
335:
330:Bank building next to
1137:, February 15, 2010,
1072:"Relative insulation"
956:"Performance in 2016"
828:June 2016 - May 2017
674:Eduardo Marco Modiano
594:Marcos Pereira Vianna
442:Nobel Prize economist
329:
1328:Economic development
1135:O Estado de S. Paulo
818:May 2007 - May 2016
754:Andrea Sandro Calabi
584:Jayme Magrassi de Sá
504:Válder Lima Sarmanho
494:Ary Frederico Torres
480:Presidents of BNDES
409:conflict of interest
405:lobby irregularities
293:Government of Brazil
54:improve this article
574:José Garrido Torres
544:Lucio Martins Meira
481:
469:President of Brazil
278:Number of employees
134:
874:Aloizio Mercadante
714:Edmar Lisboa Bacha
479:
336:
218:Aloizio Mercadante
132:
882:
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864:Gustavo Montezano
614:Jorge Lins Freire
453:per capita income
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16:(Redirected from
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455:and its many
454:
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424:GPA (company)
421:
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411:arrives with
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110:February 2024
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71: –
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65:Find sources:
59:
55:
49:
48:
43:This article
41:
37:
32:
31:
19:
1333:Trade routes
1289:. Retrieved
1280:
1268:. Retrieved
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1239:
1223:
1212:. Retrieved
1208:the original
1194:
1182:. Retrieved
1168:
1161:Eike Batista
1152:
1114:. Retrieved
1089:. Retrieved
1080:
1051:. Retrieved
1046:
1037:
1012:. Retrieved
1007:
997:
986:. Retrieved
981:
972:
960:. Retrieved
932:Banks portal
854:Joaquim Levy
784:Carlos Lessa
704:PĂ©rsio Arida
466:
448:
431:
428:
402:
395:
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384:
380:
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372:
351:
339:
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318:bndes.gov.br
300:Subsidiaries
256:Total assets
198:Headquarters
190:20 June 1952
186:20 June 1952
159:Company type
116:
107:
97:
90:
83:
76:
64:
52:Please help
47:verification
44:
1291:25 February
1116:25 February
1091:25 February
962:27 November
524:Lucas Lopes
445:J. Stiglitz
177:Development
1307:Categories
1214:2014-01-19
1053:2023-03-29
1014:2023-03-29
988:2023-03-29
939:References
475:Presidents
463:Leadership
447:opinion, "
438:World Bank
382:services.
344:Portuguese
306:BNDES Ltd.
246:2 billion
233:Net income
213:Key people
80:newspapers
440:. As the
420:EBX Group
332:Petrobras
1178:Archived
1142:Archived
1023:cite web
1008:NegĂłcios
885:See also
413:JBS S.A.
304:BNDESPAR
223:Chairman
169:Industry
1270:26 July
1184:17 July
958:. BNDES
354:) is a
313:Website
188: (
183:Founded
173:Finance
94:scholar
1246:about
1159:about
488:Dates
434:Brazil
364:Brazil
288:Parent
271:(2016)
248:(2016)
206:Brazil
96:
89:
82:
75:
67:
1199:ISTOÉ
485:Name
352:BNDES
282:2,000
101:JSTOR
87:books
18:BNDES
1293:2024
1272:2014
1186:2014
1118:2024
1093:2024
1029:link
964:2017
407:and
338:The
267:US$
244:US$
175:and
73:news
1232:OGX
416:OGX
362:of
56:by
1309::
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1101:^
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1021:{{
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342:(
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117:(
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108:(
98:·
91:·
84:·
77:·
50:.
20:)
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