Brazil’s BNDES Loans Over US$ 8 Billion

The Brazilian Development Bank (BNDES) spent US$ 8.4 billion in loans in the first semester of the year. The value is 10% superior to what was registered in the first semester last year and represents a record for the period.

According to information disclosed Thursday, July 7, by the bank, the performance was influenced mainly by financings to exports, which increased by 31% and reached US$ 2.47 billion, and by the credits given to the industrial sector, which increased by 39% to US$ 4.35 billion.


Within the industrial sector, almost half of the total, or US$ 2.05 billion, went to the transport material segment (aircrafts, automotive vehicles, vessels and railroad equipment), which was also the area that influenced the most the increase in exports credits.


Anba

Tags:

You May Also Like

Relations with Arabs Will Never Be the Same Again, Says Brazil’s Lula

The Presidents of Brazil, Luiz Inácio Lula da Silva; Peru, Alejandro Toledo; Algeria, Abdelaziz ...

Brazil Gets Drones from Israel to Fight Crime in Preparation for Olympics

In preparation for the World Cup and the Olympics, that will take place in ...

Brazil’s Ombudsman Says 8 Years of Lula Saw US$ 38 Billion Stolen from Country’s Coffers

The numbers come from Brazil’s government itself. Brazilian politicians and public employees skimmed at ...

Brazil’s Tele Norte Threatened with Being Dropped from NY Stock Exchange

Brazil’s Tele Norte Celular, the holding company of the providers of wireless telecommunications services ...

World Decides to Halt All Deforestation by 2030. Brazil Refuses to Join In

More than 30 countries set the first-ever deadline on Tuesday to end deforestation by ...

Brazil: Zero Hunger Is Dead, Long Live Zero Hunger

A revamped and unified social assistance program to be soon launched in Brazil intends ...

Brazil Forbids Sale of Convenience Goods in Pharmacies, But Rule Is Ignored

Starting this Thursday, February 18, new rules from Brazil’s National Health Surveillance Agency (Anvisa) ...

LatAm’s Ill Is Not Chavez But Misery and Lack of Education, Says Brazil’s Lula

Brazil's President, Luiz Inácio Lula da Silva said on Thursday, April 26, he believes ...

All the Papers a Gringo Needs to Live in Brazil

Like many things in Brazil getting documents and checking accounts will depend on the ...

Wallerstein on Brazil’s Surge and the Decline of the US Empire

In the course of his visit to the Southern Cone of South America, the ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`