• Short Name: BNDES

• Other Name: Brazilian Development Bank

• Address: Avda. Republica do Chile #100 - Centro

• Phone: 55-21-21727447

• Fax: 55-21-21728004

• City: Rio de Janeiro

• State: Rio de Janeiro

• Zip Code: 20031-917

• Country: Brazil

• Website: http://www.bndes.gov.br

• General Email: contact@bndes.gov.br

• Regional Presence: Brazil

Description:

BNDES is Brazil's national development bank, providing financing for projects within Brazil as well as playing a major role in the privatization programs undertaken by the federal government.

Last Update: Monday, October 13, 2008

Research by: Cecilia Ravest

Related News & Research:

Related News

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Related News & Research

Related News

• Fitch: Water utilities ready for business expansion Water 05/Jan/09 - Brazil
• Lupatech announces end of winding up period for objections to acquisition Met 05/Jan/09 - Brazil
• Tractebel to acquire Econergy assets for US$84mn Elec 29/Dec/08 - Brazil
• Sanepar to invest US$6mn in water, sanitation projects for Francisco Beltrão Water 24/Dec/08 - Brazil
• Fitch affirms Eletropaulo, AES Tietê ratings Elec 24/Dec/08 - Brazil
• BNDES approves US$840mn credit limit for Neoenergia Elec 22/Dec/08 - Brazil
• CEF to lower interest rates, plans 30% corporate credit growth in 2009 Bank 22/Dec/08 - Brazil
• BNDES okays US$2.6bn financing for Santo Antônio Elec 19/Dec/08 - Brazil
• Abdib: Government needs to take action to ensure long-term financing for projects Infra 19/Dec/08 - Brazil
• Anatel gives nod to Oi acquisition of BrT Telecom 19/Dec/08 - Brazil
• BNDES boosts lending 41.2% in January-November Bank 18/Dec/08 - Brazil
• Senate approves modified MP 443, creation of SWF Bank 18/Dec/08 - Brazil
• BNDES, Rio state sign agreements for solid waste management, sanitation projects Water 18/Dec/08 - Brazil
• Anac to present strategies to support airports after privatization Infra 18/Dec/08 - Brazil
• Petrobras receives US$220mn funding for Mexilhão platform Oil 16/Dec/08 - Brazil
• BNDES approves US$96mn in financing for 2 hydro plants Elec 15/Dec/08 - Brazil
• BNDES confirms interest in financing beltway, gas pipeline projects Infra 12/Dec/08 - Argentina
• MP 443, SWF bills scheduled for senate votes in next 2 weeks Bank 11/Dec/08 - Brazil
• BNDES remains calm in the face of international lawsuit Water 11/Dec/08 - Brazil, Ecuador
• BNDES okays US$260mn in financing for GVT network expansion Telecom 11/Dec/08 - Brazil
• WxBR moves into WiMax arena with complete offer Telecom 10/Dec/08 - Brazil
• Nobel winner: Global financial system should shun unregulated countries Bank 09/Dec/08 - Regional
• BNDES: World needs US$400-500bn global development facility Bank 07/Dec/08 - Brazil
• BNDES okays US$695mn in financing for 5 ethanol plants Oil 05/Dec/08 - Brazil
• WAIPA: Governments should prioritize multilateral reform, investment barrier removal Bank 04/Dec/08 - Regional
• BNDES plans to lend US$40bn next year Bank 04/Dec/08 - Brazil
• Expert: Sugarcane ethanol still competitive Oil 04/Dec/08 - Regional
• CSA delayed until end-2009 Met 03/Dec/08 - Brazil
• Government restructures Infraero to prepare for airport privatization Infra 03/Dec/08 - Brazil
• BNDES approves US$373mn credit limit for EDB Elec 03/Dec/08 - Brazil
• Abdib: Projects need affordable domestic credit to stay viable Infra 02/Dec/08 - Brazil
• Correa: Camargo Corrêa interested in Odebrecht projects Infra 01/Dec/08 - Brazil, Ecuador
• FEATURE: Authorities pin hopes on bi-oceanic corridor Infra 01/Dec/08 - Regional
• ANP authorizes Granol plants to market biodiesel Oil 28/Nov/08 - Brazil
• National treasury to take on Ecuador's default on BNDES debt Infra 27/Nov/08 - Brazil, Ecuador
• Cymi, Eletrobrás dominate Madeira transmission auction Elec 26/Nov/08 - Brazil
• BCB opens up to US$2.66bn in liquidity for BNDES Bank 26/Nov/08 - Brazil
• Official: Regional integration requires a new economic model Infra 25/Nov/08 - Brazil
• BNDES loans US$122mn for platform supply vessels Oil 24/Nov/08 - Brazil
• ANTT postpones tender call for Bahia highways Infra 24/Nov/08 - Brazil
• Correa takes San Francisco case to ICC, Brazil recalls ambassador Elec 21/Nov/08 - Ecuador
• São Paulo to use US$411mn from BB sale for state development agency Bank 21/Nov/08 - Brazil
• IDB to launch US$1.5mn bullet train consultancy tender in December Infra 19/Nov/08 - Brazil
• BNDES okays US$3.1bn for Madeira transmission financing Elec 18/Nov/08 - Brazil
• UBS Pactual, Banco Santander stakes in Paranapanema reduced Met 17/Nov/08 - Brazil
• BNDES 9-month net income down 29.7% Bank 17/Nov/08 - Brazil
• OHL expects bridge loan by March 2009, indicates new investment opportunities Infra 17/Nov/08 - Brazil
• Votorantim to invest US$258mn BNDES loan in expansion, modernization Infra 17/Nov/08 - Brazil
• BNDES ups lending 30% in 12 months ending October Bank 14/Nov/08 - Brazil
• Eletrobrás advances in negotiations for construction of Inhabari hydro Elec 14/Nov/08 - Brazil, Peru
• BNDES lends US$1.28bn to domestic metals sector in January-October Met 13/Nov/08 - Brazil
• BNDES sees potential for nickel, no more financing for now MIN 11/Nov/08 - Brazil
• PV Inova looks to expand mobile technology in public bus niche Telecom 10/Nov/08 - Brazil, Regional
• BNDES approves US$214mn for 10 Ersa hydro plants Elec 07/Nov/08 - Brazil
• Cemig concludes purchase of transmission companies Elec 07/Nov/08 - Brazil
• Paper: BB, Nossa Caixa deal could be concluded by November 10 Bank 07/Nov/08 - Brazil
• Government to open US$6.92bn to BNDES, BB for SME, export financing Bank 06/Nov/08 - Brazil
• Official: Crisis could affect US$11bn bullet train concession Infra 06/Nov/08 - Brazil
• TIM back in black with US$10.5mn net profit in Q3 Telecom 05/Nov/08 - Brazil
• Rio mayor-elect, BNDES discuss Rio port project, public-private partnership Infra 05/Nov/08 - Brazil
• BNDES speeds up lending, could loan more than US$39bn this year Bank 04/Nov/08 - Brazil
• Copasa reports US$68mn net profit for Q3 Water 04/Nov/08 - Brazil
• Infraero president speaks out against Galeão airport privatization Infra 04/Nov/08 - Brazil
• BNDES okays US$131mn in financing for Dardanelos hydro plant Elec 04/Nov/08 - Brazil
• Government okays US$3.7bn in new loans for Petrobras Oil 03/Nov/08 - Brazil
• TPI: Lower tolls on Ayrton Senna-Carvalho Pinto highway, but traffic volume to increase Infra 03/Nov/08 - Brazil
• Lula calls on Morales to carry out US$600mn projects Infra 30/Oct/08 - Bolivia, Brazil
• Congress gives initial approval to sovereign wealth fund Bank 30/Oct/08 - Brazil
• Energisa investing US$94mn to build 3 hydro plants Elec 30/Oct/08 - Brazil
• FGTS forms partnership with Embraport, allocates US$197mn to Santos Infra 29/Oct/08 - Brazil
• CEF to provide US$1.31bn credit line to bolster construction sector Bank 28/Oct/08 - Brazil
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• Abdib proposes US$4.4bn private equity fund to finance infrastructure projects Infra 27/Oct/08 - Brazil
• Light hires Credit Suisse as market maker Elec 24/Oct/08 - Brazil
• Triunfo secures initial funding for 108MW hydro plant in Goiás Elec 23/Oct/08 - Brazil
• BNDES approves US$51mn in financing for hydros Elec 22/Oct/08 - Brazil
• Paper: BNDES, CEF to play role in government support for construction sector Bank 22/Oct/08 - Brazil
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• BNDES looks to JBIC, Bank of Tokyo-Mitsubishi for funding Bank 20/Oct/08 - Brazil
• BNDES, Japan discuss cooperation initiatives following Rio environmental forum Water 20/Oct/08 - Brazil
• BNDES approves US$96mn loan for ethanol output Oil 17/Oct/08 - Brazil
• Correa signs new decree calling on entities to find legal exit to contracts with Odebrecht Infra 14/Oct/08 - Ecuador
• Brazilian firms eye investment opportunities to be financed by BNDES Infra 14/Oct/08 - Uruguay
• BNDES plans US$1.30bn in multilateral, international funding in 2009 Bank 13/Oct/08 - Brazil
• BNDES plans US$1.30bn in multilateral, international funding in 2009 Water 13/Oct/08 - Brazil
• BNDES plans US$1.30bn in multilateral, international funding in 2009 Infra 13/Oct/08 - Brazil
• IDB to lend BNDES US$1bn for SMEs, microenterprise loans Bank 10/Oct/08 - Brazil
• Analyst: Crisis to scare off foreign competitors in October 31 auction Elec 10/Oct/08 - Brazil
• Manta-Manaus multimodal corridor to be ready in 2011 Infra 09/Oct/08 - Brazil, Ecuador
• Manta-Manaus multimodal corridor to be ready in 2011 Privat 09/Oct/08 - Brazil, Ecuador
• BNDES ups export financing program by US$2.28bn Bank 08/Oct/08 - Brazil
• BNDES could lend MRS up to US$164mn Infra 08/Oct/08 - Brazil
• Rede Energia acquires full control of Celpa parent Elec 07/Oct/08 - Brazil
• Study: Power sector well protected against financial crisis Elec 06/Oct/08 - Brazil
• LLX suspends Peruíbe port, goes ahead with Açu, Sudeste projects Infra 06/Oct/08 - Brazil
• BNDES: Iron ore outlook shows price declines, but not alarming ones MIN 03/Oct/08 - Brazil
• BNDES approves US$173mn in financing for ISA CTEEP Elec 29/Sep/08 - Brazil
• Finance minister: PAC to remain intact Infra 25/Sep/08 - Brazil
• BNDES approves US$14.6mn for MRC dry port project in Paranaguá Infra 25/Sep/08 - Brazil
• Abdib: International financial crisis will not affect highway concessions Infra 24/Sep/08 - Brazil
• Cosan to sign US$500mn credit line for Esso acquisition Oil 15/Sep/08 - Brazil
• EDF, BNDESpar call off plans to sell Light shares Elec 11/Sep/08 - Brazil
• Infraero employees reject privatization Infra 11/Sep/08 - Brazil
• Defense minister: Privatization will not affect Infraero Infra 09/Sep/08 - Brazil
• Fernández, Lula sign bilateral agreements Infra 09/Sep/08 - Argentina, Brazil
• Sanepar to spend US$4mn for sewerage network in Candói Water 04/Sep/08 - Brazil
• BNDES: Average mining project financing reaches 15% MIN 03/Sep/08 - Brazil
• Paper: BNDES issues first CDs in its history, totaling US$245mn to date Bank 29/Aug/08 - Brazil
• Cosan, BNDES negotiate financing of Esso acquisition Oil 27/Aug/08 - Brazil
• BNDES lends US$247mn to Totvs for Datasul acquisition IT 25/Aug/08 - Brazil
• Totvs board approves US$125mn BNDES loan IT 19/Aug/08 - Brazil
• OHL boosts Q2 profits by 13%, seeks financing Infra 18/Aug/08 - Brazil
• Engevix inaugurates 15MW hydro plant Elec 12/Aug/08 - Brazil
• Paper: Vale to spend US$5bn for rolling mill in Pará Met 12/Aug/08 - Brazil
• AES: Financial crisis could affect BNDES sale of Brasiliana Elec 11/Aug/08 - Brazil
• BNDES: Telecoms sector to invest up to US$36bn during 2008-11 Telecom 08/Aug/08 - Brazil
• Fator opens credit insurance, surety bonds business Ins 28/Jul/08 - Brazil
• Morgan Stanley plans US$900mn in real estate-related investment over 3 years Bank 21/Jul/08 - Brazil
• Lula creates committee to analyze pre-salt regulatory framework Oil 18/Jul/08 - Brazil
• ALL signs agreement to build Ferronorte railway stretch Infra 10/Jul/08 - Brazil
• Infraero: IPO likely to be in 2010 Infra 08/Jul/08 - Brazil
• Votorantim Metais to receive US$336mn from BNDES for new mill Met 01/Jul/08 - Brazil
• Petrobras launches EPC center Oil 25/Jun/08 - Brazil
• BNDES sells 1.8% stake in CSN Met 23/Jun/08 - Brazil
• São Paulo sets a US$2.1bn canon for state highway concessions Infra 17/Jun/08 - Brazil
• Minister: Government to host wind auction in 2009 Elec 17/Jun/08 - Brazil
• Anatel approves telecoms law change Telecom 13/Jun/08 - Brazil
• Petrobras, BNDES, Banco do Brasil to launch US$100mn receivables fund Oil 05/Jun/08 - Brazil
• BNDES could give Vale a hand in steel plant Met 04/Jun/08 - Brazil
• Fitch upgrades banks following investment grade Bank 03/Jun/08 - Brazil
• Banestes increases earnings 19.4% in Q1 Bank 02/Jun/08 - Brazil
• Greenpeace takes Proinfa to task, calls for new policies Elec 30/May/08 - Brazil
• BNDES to sell US$921mn in debt in July Bank 30/May/08 - Brazil
• BNDES approves US$90mn loan for Corumbá III Elec 29/May/08 - Brazil
• Gerdau considering options regarding Aços Villares Met 28/May/08 - Brazil
• Gerdau buys 28.9% stake in Aços Villares Met 22/May/08 - Brazil
• IBM signs services deals with RBS, BNDES IT 19/May/08 - Brazil
• Power association: Jirau price could beat Santo Antônio Elec 16/May/08 - Brazil
• Vale secures US$5bn in credit from two Japanese institutions MIN 14/May/08 - Brazil
• Lula launches new production development policy Infra 13/May/08 - Brazil
• BRQ acquires ThinkInternational and Prodacon client portfolio IT 12/May/08 - Brazil
• AES sees BNDES selling Brasiliana stake by early Q3 Elec 09/May/08 - Brazil
• Bradesco insurance unit unloads shares in Áurea, SBCE Ins 09/May/08 - Brazil
• First PAC work completed in Paraná, US$594mn remains to be invested Water 08/May/08 - Brazil
• BNDES signs cooperation agreement with Bahia for infrastructure projects Infra 06/May/08 - Brazil
• Overseas investment falls 24.7% but Abdib remains optimistic Infra 05/May/08 - Brazil
• S&P upgrades banks on reaching investment grade Bank 02/May/08 - Brazil
• ALL looks for partner, negotiates BNDES loan for Mato Grosso rail expansion Infra 30/Apr/08 - Brazil
• Coface plans 25% premium growth in Latin America Ins 11/Apr/08 - Regional
• Suez, BNDES ink Estreito financing deal Elec 02/Apr/08 - Brazil
• BNDES, Vale ink US$4.2bn credit deal MIN 01/Apr/08 - Brazil
• BNDES grants US$580mn for Furnas Simplício project Elec 28/Mar/08 - Brazil
• Santo Antônio license expected March 31, financing in September Elec 28/Mar/08 - Brazil
• BNDES approves US$102mn for Rio, Fortaleza subways Infra 27/Mar/08 - Brazil
• CFO: AES "positioned" for Brasiliana buyout Elec 20/Mar/08 - Brazil
• AES mulling Brasiliana acquisition with partners Elec 18/Mar/08 - Brazil
• Tractebel targets 100MW in renewable capacity this year Elec 17/Mar/08 - Brazil
• Abdib: FEP will solve lack of infra projects Infra 12/Mar/08 - Brazil
• Energisa shifts focus to small hydros, free market Elec 12/Mar/08 - Brazil
• Minister: No privatization for Infraero, maybe airports Infra 07/Mar/08 - Brazil
• ArcelorMittal launches offer to delist specialty steel subsidiary Met 05/Mar/08 - Brazil
• Econergy Beberibe to start ops by end-Q2 Elec 03/Mar/08 - Brazil
• Softex provides US$13mn financing to software cos in 2007 IT 29/Feb/08 - Brazil
• Light: Power supply outlook positive for 2008 Elec 20/Feb/08 - Brazil
• BRQ's 2007 revs reach US$86mn IT 18/Feb/08 - Brazil
• Light eyes Cesp, Brasiliana, rules out Jirau Elec 15/Feb/08 - Brazil
• BNDES to finance US$1.4bn for Oi restructuring, with singular guarantee Telecom 08/Feb/08 - Brazil
• Cabiúnas-Vitória natgas pipeline starts ops Oil 01/Feb/08 - Brazil
• Ibama awards license for Cabiúnas-Vitória natgas pipeline Oil 31/Jan/08 - Brazil
• TIM: BrT, Oi merger won't affect int'l mobile operators' investments Telecom 30/Jan/08 - Brazil
• BNDES okays US$53mn loan for Beberibe wind farm Elec 29/Jan/08 - Brazil
• Paper: Govt opposes Vale's move to acquire Xstrata MIN 24/Jan/08 - Brazil
• Eletrosul to invest US$251mn in 2008 Elec 15/Jan/08 - Brazil
• Oi, BrT, BNDES maneuver to avert foreign control Telecom 14/Jan/08 - Brazil
• BNDES approves US$146mn to fund BrT investments Telecom 09/Jan/08 - Brazil
• BNDES to help fund Alumar refinery expansion Met 08/Jan/08 - Brazil
• IDB's InfraFund foots US$9mn in 2007 for infra project preparations Infra 08/Jan/08 - Regional
• Light to double 2008 investments to US$351mn Elec 07/Jan/08 - Brazil
• Rolls-Royce to build natgas compressors for Gasene Oil 04/Jan/08 - Brazil
• Electropampas evaluating 1,000MW hydro project Elec 02/Jan/08 - Peru
• BNDES sees oil, gas investments reaching US$115bn in 2008-11 Oil 31/Dec/07 - Brazil
• Terna closes Etau transmission line purchase Elec 31/Dec/07 - Brazil
• Energisa concludes sale of thermo plant to Petrobras Elec 31/Dec/07 - Brazil
• BNDES grants US$2.55bn loan for Gasene construction Oil 28/Dec/07 - Brazil
• Min, Paraná ink PAC contracts totaling US$200mn Water 12/Dec/07 - Brazil
• Itaú exec reelected head of IR assoc Bank 10/Dec/07 - Brazil
• Itaú to use FGTS to fund housing loans Bank 07/Dec/07 - Brazil
• Coelba: Education key to power theft reduction Elec 05/Dec/07 - Brazil
• BNDES okays US$88mn for Coelba Elec 05/Dec/07 - Brazil
• BNDES: Steel exports to surpass domestic sales Met 03/Dec/07 - Brazil
• Copel negotiating Mauá financing with BNDES Elec 14/Nov/07 - Brazil
• IFC launches first local currency issue Bank 31/Oct/07 - Brazil
• IFC creates US$20mn credit line for LatAm integration Infra 23/Oct/07 - Brazil
• BNDES, IDB, IFC create infra fund Infra 22/Oct/07 - Brazil

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