BNDES
Coverage of BNDES in the Nexus archive.
- BNDES Fleet Renewal: US$3.9 Billion for Trucks and Buses
BNDES approved R$20 billion (~US$3.9 billion) for a fleet renewal program, covering 95% of its R$21 billion (~US$4.1 billion) budget. The financing includes new, nationally manufactured trucks, tractor-trucks, buses, minibuses, and road implements, with semi-new trucks allowed only for autonomous drivers and cooperative members.
- Brazil Export-Relief Package: US$3.7 Billion After US Tariffs
Brazil is allocating 18.5 billion reais (US$3.7 billion) in credit lines for exporters affected by US tariffs. The Treasury will contribute 13.5 billion reais, while BNDES will provide 5 billion reais. Targeted sectors include steel, metallurgy, autos, machinery, furniture, and footwear.
- Brazil Adds $25.6 Billion to Its Industrial Policy in an Election Year
Brazil has allocated $25.6 billion (140 billion reais) to its industrial policy through BNDES and Finep by December, part of an election-year initiative to boost factories and technology.
- Brazil’s State Bank BNDES Builds a Fund to Pull Foreign Money Into Startups
Brazil’s state bank BNDES and its innovation agency Finep launched a R$250m ($49m) fund to support growth-stage startups. The initiative aims to bridge the gap between early-stage accelerators/grants and venture capital funding.