BNDES Profit Rises 25% to R$9.2 Billion (US$1.7 Billion) in First Half of 2026
BNDES, Brazil's national development bank, posted first-half 2026 recurring profit of R$9.2 billion (about US$1.7 billion), up 25.5% year on year. The bigger story is the lending behind it: disbursements jumped 37% to R$74.8 billion as the bank pushed cash back into infrastructure, industry and farming. The post BNDES Profit Rises 25% to R$9.2 Billion (US$1.7 Billion) in First Half of 2026…
Brazil's development bank, BNDES, reported a 25.5% increase in recurring profit to R$9.2 billion (US$1.7 billion) for the first half of 2026, with disbursements climbing 37% to R$74.8 billion (US$13.9 billion). This surge in lending reflects the bank's push to inject cash into the economy at its fastest pace in years. Core lending business drove the growth, with financial intermediation income rising 63% to R$13.75 billion, and credit-loss charges easing.
Disbursements totaled R$74.8 billion, representing one of the strongest lending periods since BNDES began. Infrastructure led with R$46 billion approved, followed by agriculture and industry, while asset quality remained excellent, with overdue loans at just 0.05% of the portfolio.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
