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Created before Nov 2016
Last update: 2016-09-01 15:46:22

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Johan Frijns, BankTrack

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About BNDES

The Brazilian Development Bank (BNDES), also known as the National Bank for Economic and Social Development, is the main financing agent for development in Brazil. It is a federal public company associated with the Ministry of Development, Industry, and Trade and it is one of the largest development banks in the world (after the Chinese Development Bank). Since its foundation, in 1952, the BNDES has played a fundamental role in stimulating the expansion of industry and infrastructure in the country. Its operations have evolved in accordance with the Brazilian socio-economic challenges and now they include support for exports, technological innovation, sustainable socio-environmental development and the modernization of public administration. BNDES also has offices in London, Johannesburg and Montevideo.

Website	http://www.bndes.gov.br
Headquarters	Av. Republica do Chile, 100 – 14*. Andar - sala 1423 20031-917 Rio de Janeiro Brazil
CEO/chair	Luciano Coutinho President
Supervisor	Banco Central do Brasil
Annual reports	Management Report 2015 - BNDES System Annual Report 2014 Management Report 2014 - BNDES System
Ownership	BNDES is a state owned bank.
Complaints and grievances

Related Dodgy Deals

BNDES has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.