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.
May 7, 2014
BNDES, Desenvolve SP, FINEP, and Embraer launch investment fund for the aerospace sector
The Fundo de Investimento em Participações (FIP) Aeroespacial, the first of its kind in Latin America focusing on this sector, is being launched today, Wednesday, May 7, at the headquarters of the Brazilian Development Bank (BNDES), in Rio de Janeiro. The fund is the result of a joint initiative of the BNDES with FINEP, Desenvolve SP and Embraer.