May 29, 2014
BNDES’ disbursements reach R$ 58.8 billion in the first quarter
Disbursements by the Brazilian Development Bank (BNDES) reached R$ 58.8 billion in the 1Q2014, up 8% in comparison to the same period in 2013. The result was driven by the infrastructure sector, whose releases totaled R$ 21.6 billion, a 48% jump in comparison to the 1Q2013, representing a 37% stake in the Bank’s total disbursements in January-April 2014.
May 15, 2014
BNDES posts R$ 1.56 billion profit in 1Q2014
The Brazilian Development Bank (BNDES) registered a net profit of R$ 1.56 billion in the first quarter of 2014. The amount is stable in relation to the same period in the previous year, R$ 1.59 billion, and it was sustained through financing and investment projects. The positive performance reflected the good result in the fixed-income segment.