Brasília – The leading Brazilian financer of foreign trade operations, the Bank of Brazil supplied US$ 17 billion in advances on exchange contracts and advances on delivered exchange operations from January until December 15th.
The volume of financing to Brazilian exporters in 2011 was the highest ever, 40% higher than last year and 12.65% higher than the previous record of US$ 15.09 billion, set in 2007, before the international financial crisis. The information was disclosed by the bank this Thursday (22nd).
*Translated by Gabriel Pomerancblum
