The Brazilian Development Bank - BNDES is a federal public company that is associated to the Ministry of Development, Industry and Foreign Trade, which has as an objective to long term financing of endeavors that contribute towards the development of the country.
This financing activity results in the Brazilian economy's improved competitiveness and in the increased quality of life of its population.
It also seeks to strengthen the capital structure of private companies and the development of the capital markets, the trade of machines and equipment and the financing of exports.
Since its establishment, in June 20, 1952, the BNDES has financed large industrial and infrastructure endeavors, having a significant position in the support to investments in agriculture, commerce and service and in micro, small and medium enterprises.
Another highlight is the support to social investments aimed at education and health, family agriculture, basic sanitation and collective mass transport. The BNDES considers it to be of fundamental importance, in the execution of its credit policy, taking into account ethical-environmental principles and is committed to the principles of sustainable development.
The financial support lines and the BNDES programs serve the needs of investments of companies of any size and sector, established in the country. The partnership with financial institutions, with agencies established around the country, allows the dissemination of credit, enabling greater access to the BNDES's resources.
Wednesday, August 03, 2005
