ANNOUNCED AS TEMPORARYNo
In the announced made by the BNDES on 29 May 2018, the financial institution also exposed the allocation of BRL 1 billion (USD 268 million) to a new corporate credit fund for SMEs. These resources will also be distributed through BENDESPAR, the bank subsidiary.
In this sense, this institution will invest in quotas of closed and fixed-term corporate credit funds, with the objective of broadening the long-term credit offer to SMEs, providing an investment of up to BRL 300 million (USD 84.5 million), limited to 50% of their subscribed quotas.
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