Copying and distributing are prohibited without permission of the publisher
BNDES’ disbursements reach R$140 billion in 2011
31 January 2012
BNDES releases results for 2011 showing a 47% increase in funding operations.
Read more:
BNDES
Brazil development bank
DFI
BNDES’ disbursements closed the year 2011 at R$139.7 billion (approximately $80 billion). The result was within the banks’ expectations and allowed the institution to continue contributing to the expansion of investments in the Brazilian economy, with emphasis on the infrastructure sector.
One of the main highlights of last year's performance was the fact that the BNDES recorded the highest number of operations in its history. The total number of funding operations was 896,000, an increase of 47% compared to 2010, expanding access to the bank’s credit, particularly for micro, small and medium enterprises (MSMEs).
Total disbursements to MSMEs, R$49.8 billion, was...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
