BNDES Brasil Soberano Opens US$4.4 Billion Tariff Credit Round
BNDES Brasil Soberano opened a third credit round on 17 September 2026, with about US$4.4 billion for exporters hit by tariffs and conflict. The post BNDES Brasil Soberano Opens US$4.4 Billion Tariff Credit Round appeared first on The Rio Times .
Brazil's development bank, BNDES Brasil Soberano, has launched a third round of its emergency credit line for exporters affected by trade shocks, totaling US$4.4 billion. Of the total, R$13.5 billion (US$2.62 billion) is provided by the National Treasury, while the remaining R$9.1 billion (US$1.77 billion) comes from BNDES's own resources.
The largest portion, R$8.8 billion (US$1.71 billion), is reserved for exporters impacted by US tariffs. The remaining funds are allocated to exporters selling into the Persian Gulf (R$6.8 billion or US$1.32 billion) and various industrial sectors relevant to foreign trade. BNDES officials emphasize that around 39% of the tranche specifically addresses US tariffs, while the remaining funds cater to other export disruptions.
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