BNDes approved $ 403 million credit to Bara in the crop plan 2024-25 | economy
BNDes agreed to $ 29.7 billion of credit and compliance with the requests of more than 125,000 operations through indirect operations carried out by the network of financial agents accredited in the Safra 2024-2025 plan. This operating model allows a central distribution of resources across the country, as it reaches 93 % of the Brazilian municipalities, which facilitates the development and implementation of the general policy of supporting the sector. For Pará, $ 403 million of credit was approved, which is the largest credit volume in the northern region. From the total Pará, $ 11.3 million went to family agriculture.
“Within two years, we have already exceeded the approval of the credit for the agricultural sector of the previous government. Under the supervision of the President Lula in 2024, the approval of the sector amounted to 53.2 billion dollars, a historic record. In addition, we strengthened the state -for innovation.
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One of the main supporters of the Agricultural Sector in Brazil, Bndes participates in the thirtieth edition of Agrishow 2025, a major agricultural business technology exhibition in Latin America, which started on Monday 28, in Ribeirão Preto (SP). Organizers’ expectations are that the Agrishow 2025 edition attracts 195,000 visitors, at 520,000 square meters, making the exhibition one of the largest events in this sector in the world. In 2024, according to the organization’s organization, he started 13.6 billion US dollars at work.
Due to the importance of this event, Bndes is one of the exhibition’s sponsors and will have a difference in the site, and to participate in the calendars with customers and partners, which enhances the bank’s role as an investment promoter for the various sectors represented in the exhibition.
Special lines
One of the main operators of the Federal Government Agricultural Programs (PAGF), BNDES also provides its own and unlimited credit lines of the Treasury. Among them, the most prominent of what is Bndes Credit Rural, which focuses on investment projects, and the acquisition of isolated machinery, cost and support, whose approval amounted to more than $ 29 billion for about 45,000 operations, since its establishment in 2020.
From this amount, more than $ 12 billion was approved by line with financial costs in US dollars, from BNDES credit product. In this line, the source has a natural hedge in his dollar dues, and interest rates are more competitive. It is launched in Agrishow for 2023, and the purpose of the solution is to expand and diversify credit alternatives at more competitive costs for the agricultural business sector extensively.
