Brazilian Development Bank photograph

Brazilian Development Bank

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HeadquartersBrasilia
Brazil
Number of employees2,000
Parent organizationsFederal government of Brazil
FoundedJune 20
1952
Total assets272. 1 billion USD (2016)
Subsidiaries Enel Distribution Sao Paulo
Fibria
BNDES PLC
Date of Reg.
Date of Upd.
ID1104700
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About Brazilian Development Bank


The National Bank for Economic and Social Development is a development bank structured as a federal public company associated with the Ministry of Development, Industry, and Trade of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development.

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