News
24 April 2018

BNDES: Loan disbursements drop but approvals rise

Region:
Americas

Brazilian development bank BNDES has reported a 26% drop in loan disbursements to 11.2 billion reais in the first quarter of the year, while loan approvals increased 11% to 16 billion reais. The lender says 54% of disbursements were for small and middle-sized companies.

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