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2 clusters · 9 sources · 6 days · First seen · Last updated

Business credit expansion in Southern Brazil

Overview

Financial institutions are increasing credit availability for businesses across Southern Brazil through various partnerships and funding allocations.

In Londrina, the Regional Development Bank of the Far South (BRDE) and the Londrina Development Institute (Codel) signed a technical cooperation agreement. This partnership aims to facilitate access to BRDE financing lines for local companies in sectors such as agriculture, technology, and commerce, while also offering financing alternatives for municipal public sector needs like sanitation and urban mobility.

In Rio Grande do Sul, BRDE announced R$ 12.4 million in new financing operations to support innovation, specifically targeting the Serra and Vale do Taquari regions. Concurrently, the Banco Nacional de Desenvolvimento Econômico e Social (BNDES) reported a significant increase in credit for micro, small, and medium-sized enterprises in the state, noting that R$ 70.31 billion has been approved since 2023. These BNDES funds have been distributed across agriculture, infrastructure, commerce, services, and industry.

Entities

BRDE · BNDES · Codel · Londrina · Heraldo Neves

Timeline

  1. [BUSINESS] 5 sources
    BNDES and BRDE expand credit access for businesses in Rio Grande do Sul

    BRDE and BNDES have significantly increased credit lines for businesses in Rio Grande do Sul, with BNDES providing R$ 70.31 billion to MSMEs since 2023 to boost innovation and regional economic growth.

  2. [BUSINESS] 3 sources
    BRDE and Codel partner to expand credit access for Londrina businesses

    BRDE and Codel have signed a cooperation agreement to facilitate credit and technical guidance for businesses in Londrina, aiming to boost local economic development and competitiveness.

Sources

brasil247.com · brasilemfolhas.com.br · em.com.br · guaiba.com.br · impactopr.com.br · jornale.com.br · osul.com.br · portalcambe.com.br · radioguaiba.com.br