{"id":253107,"date":"2019-07-26T14:27:50","date_gmt":"2019-07-26T17:27:50","guid":{"rendered":"https:\/\/anba.com.br\/?p=253107"},"modified":"2019-07-26T14:55:44","modified_gmt":"2019-07-26T17:55:44","slug":"development-bank-disbursements-down-9","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/development-bank-disbursements-down-9\/","title":{"rendered":"Development Bank disbursements down 9%"},"content":{"rendered":"

Rio de Janeiro \u2013 The Brazilian Development Bank<\/a> (BNDES) lent a combined BRL 25 billion (USD 7 billion) in H1, down 9% from H1 2018. In the 12 months through June, they were up 3% from the previous period, with loans of BRL 66.7 billion (USD 17.7 billion). The figures were announced on Thursday (25).<\/p>\n

In H1, 45.5% of the bank\u2019s loans went to infrastructure. Highlights were the energy and transport industries.<\/p>\n

In terms of consultations for new loans and project approvals, BNDES saw a 49% and a 39% decline, respectively, in H1, reaching BRL 24.7 billion (USD 6.5 billion) and BRL 18.7 billion (USD 4.9 billion).<\/p>\n

BNDES reported agribusiness received BRL 6.36 billion (USD 1.68 billion), up 10%. Conversely, industry and commerce and services saw a decline of 7% and 56%, with BRL 4.78 billion (USD 1.26 billion) and BRL 2.57 billion (USD 680 million), respectively.<\/p>\n

The figures show that small and medium-sized enterprises (SMEs) received 45.6% of the disbursements offered by the bank in H1. Out of the 114,003 operations recorded in H1 2019, 96.7% were for SMEs.<\/p>\n

BNDES Strategic Planning Department head Pedro Looty said that they expect disbursements around BRL 60-70 billion (USD 16-19 billion) this year. The execution of these loans, however, will depend on the rhythm of the economy recovery.<\/p>\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Vanderlei Almeida\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"

Loans made by Brazil\u2019s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.<\/p>\n","protected":false},"author":2315,"featured_media":253102,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[10204,2220,10203,5427,7962,10014,3526,6506],"class_list":{"0":"post-253107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bndes-en","9":"tag-credit","10":"tag-desenvovimento","11":"tag-development","12":"tag-infrastructure","13":"tag-investment-en","14":"tag-loans","15":"tag-transports"},"wps_subtitle":"Loans made by Brazil\u2019s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/253107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=253107"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/253107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/253102"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=253107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=253107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=253107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}