BNDES - Brazilian Development Bank




Internet of Things: BNDES doubles budget for public notice and will support 15 pilot experiments

Jan 11, 2019

The Brazilian Development Bank (BNDES) released the result of the notice for selection of pilot experiments of the Internet of Things (IoT) posted in June last year. The selection focused on supporting solutions applied by nonprofit technological public or private institutions within the scope of each of the following environments: smart cities, rural environment and health. Supported with R$ 30 million, the solutions are intended for 32 cities in 11 Brazilian states.

Learn more at.

Recent News  Recent News
MON JUN 05 20:52:00 CEST 2023
The BNDES has a recurring profit of BRL 1.7 billion in the first quarter
Net income, which is influenced by extraordinary events such as Petrobras dividends and reversal of provision for credit risk, was BRL 4 bn. Recurring income comes mainly from the lower average balance of Treasury - mainly due to early settlements to the Treasury in the 4th quarter/22. Disbursements totaled BRL 19.1 billion, compared to BRL 14.8 billion in the 1st quarter of 22 Default remained at a low level: 0.06%.
TUE MAR 21 21:41:58 CET 2023
Executive Board presents 2022 profit and projects BNDES’ size to double to 2% of GDP by 2026
“Our project is to return to the historical level of BNDES disbursements since the beginning of the implementation of the Real, which is 2% of GDP. For this, we want to double the size of BNDES by 2026 so that it can fulfill its role of economic and social development,” said BNDES President Aloizio Mercadante at a press conference held on Tuesday the 14th, at the bank's headquarters in Rio de Janeiro.