Brazil's National Bank for Economic and Social Development surpasses 2021 earnings

Brazil’s National Bank for Economic and Social Development, BNDES, made a profit of R$9.6 billion in the third quarter. This year, the result to date is 30% higher than in 2021; R$34.2 billion.

Over the last four years, the sale of assets reached R$88.5 billion, and the return of funds to the National Treasury - together with the payment of dividends - amounted to approximately R$340 billion.