BNDES reports profit of R$ 3,5 billion in the first half of the year, a decrease of 35,8%.
Brazil's National Bank for Economic and Social Development (BNDES) reported a net profit of R$ 3,515 billion in the first half of the year, a 35,8% decrease compared to the same period last year.
Reuters - Brazil's National Bank for Economic and Social Development (BNDES) announced on Friday a net profit of 3,515 billion reais in the first half of the year, a 35,8 percent drop compared to the same period last year.
The balance of the loan and loan portfolio, net of provisions for credit risk, reached 667,6 billion reais at the end of June, with almost 81 percent relating to long-term loans.