São Paulo – The Brazilian Development Bank (BNDES, in the Portuguese acronym) reported this Thursday (18th) that it supplied R$ 187.8 billion (US$ 57.7 billion) in loans last year. The sum is down by slightly over 1% from the total amount disbursed in 2013.<\/p>\n
According to the bank, the majority of loans went to the infrastructure sector, at R$ 68.9 billion (US$ 21.1 bn), up 11% from the prior year. The bulk of infrastructure loans went to road transportation and electric power. However, financing increased the most for telecommunications.<\/p>\n
Loans to the general industry reached R$ 50 billion (US$ 15.3 bn), down 14% from 2013, reflecting the weak performance seen last year. Leading loan takers within industry were transportation material, chemicals and petrochemicals, and food and beverages, according to the BNDES.<\/p>\n
The bank approved loans worth R$ 204.8 billion (US$ 62.9 bn), down 14% from 2013. The sum concerns loans that have already been authorized but not necessarily cleared out.<\/p>\n
Inquiries made to the BNDES reached R$ 236.2 billion (US$ 72.6 bn) last year, down 15% from 2013. Loan inquiries are a signal of companies’ willingness to borrow money in order to invest. <\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[],"class_list":{"0":"post-50535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50535","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\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=50535"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50535\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=50535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=50535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=50535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}