Radar > 242677

BNDES increase profits by 102,4%

Lucro líquido do BNDES cresceu 102,4%

Intel ID : 242677
Synopsis

Banco Nacional de Desenvolvimento Econômico e Social (BNDES), a Brazil-based state-run company, registered a profit increase of BRL 6.4bn in 3Q16, a 102.4% over the same period of 2015, which resulted in BRL 3.1bn, announced the company in a press release on 18 November, 2016.

According to the statement, the positive result is due to tax credits, an amount of BRL 4.5bi.
(content in portuguese)

O Banco Nacional de Desenvolvimento Econômico e Social (BNDES), empresa pública federal sediada no Rio de Janeiro, teve lucro líquido de BRL 6,4bi no terceiro trimestre de 2016, o que representa um crescimento de 102,4%, em comparação com o resultado do mesmo período de 2015, que foi de BRL 3,1bi, segundo publicou a empresa em Comunicado no dia 18 de novembro de 2016.

Segundo o comunicado, o fator positivo na apuração do lucro no terceiro trimestre do ano foram os créditos tributários, no montante de BRL 4,51bi.

Relevant Documents

Target

BNDES
Brazil

Intel ID 242677
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - BNDES
(31 Dec 2023)
Revenue: -
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Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.