BNDES - Brazilian Development Bank



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Foreign Fundraising

Aiming at increasing and diversifying its funding, the BNDES carries out fundraising abroad via institutional and market sources.

Institutional fundraising, represented by multilateral entities and fomentation agencies, was the first type of foreign fundraising used by the BNDES in 1953, the year after the Bank was founded. Besides this practice, the institution, in the 1970s, began raising funds in international markets, another important strategy for expanding the Bank’s funding. 

Learn more about foreign fundraising of institutional resources and foreign fundraising  on the international market.