BNDES profit drops 28% in the first quarter

BNDES profit drops 28% in the first quarter
The net profit of the National Bank for Economic and Social Development (BNDES) in the first quarter was R$ 1.7 billion, a decrease of 28.4% compared to the same period of 2022. In relation to the last quarter of 2022, the decrease was 51%. The data were released on Tuesday (16).

The bank’s disbursements in the first quarter of the year totaled BRL 19.1 billion, 29% higher than that recorded in the same period last year, but 44.8% lower than the last three months of 2022.

The industry sector received the most disbursements from the bank, a total of R$ 6.1 billion, followed by infrastructure, R$ 5.5 billion; commerce and services, R$ 3.8 billion; and agriculture, R$ 3.7 billion.

* Matter in update

Foto de © Fernando Frazão/Agência Brasil

Economia,BNDES,Banco,setor financeiro

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