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

David Goldman Went to the Ends of Earth, Spent Every Penny. But Got His Son Back

Finally the wheels are up and Sean Goldman is home. In case you’re living ...

Brazil Becomes Middle Class But Not Bourgeois

Foreigners who still see Brazil as a nation in which a tiny elite sits ...

Fiat Has Big Plans for Brazil and US$ 6 Billion to Implement Them

Italian car manufacturer Fiat announced this week that it plans to invest 3 billion ...

Brazil Breaks Another Gang Smuggling Women and Children to the US

The Brazilian Federal Police have announced arrests of at least three people in the ...

Domestic and International Flights Get Slight Increase in Brazil

Brazil saw in April a 3.5% increase in international departures from Brazilian airports when ...

Brazil Only Wants Bolivian Gas If It Is Cheap Enough

In testimony before the Brazilian Senate Foreign Relations and National Defense Commission, Brazil’s Minister ...

After the Generals the Catholic Bishops Wage War Against Lula

After apparently overcoming military intransigence Brazilian president Luiz Inácio Lula da Silva and his ...

Construction Material Industry Gives Brazil a Boost

The level of employment in the construction material industry increased by 4.4% in the ...

Only Death Might Redeem Lula and the PT’s Fiasco in Brazil

I have been saying for a long time now that a large part of ...

US dollar and Brazilian real

Weak Dollar Brings Brazil to the Rescue of Industry

The commercial dollar recovered a little ground today in Brazil after the Brazilian currency, ...