BNDES Reports Accounting Profit of R$ 4.9 Billion in Third Quarter, Boosted by Dividends from Petrobras (PETR4)

Written by Paulo Nogueira

Published on 17/11/2023 at 11:34

Patrimônio líquido subiu 12,7% entre dezembro de 2022 e setembro de 2023, para R$ 148 bilhões

Be the first to react!

Equity Increased By 12.7% From December 2022 to September 2023, Reaching R$ 148 Billion.

In the 3rd quarter of 2023, the National Bank for Economic and Social Development (BNDES), with low delinquency, had R$ 4.9 billion in net income, partly due to the payment of dividends from Petrobras, according to the institution’s director, Alexandre Abreu.

Abreu also stated that the Basel Index was at 34.4% as of June 30, 2023, above the 10.5% required by the Central Bank, demonstrating a comfortable situation for BNDES.

The director also pointed to an increase of 0.8 percentage points in the Return on Equity (ROE), which reached 8.7% in the third quarter, due to a higher recurring result from the bank’s main activity, which is credit. He emphasized that equity increased by 12.7% and that the investment portfolio saw a 14% appreciation in the first nine months of the year, comparing December 2022 and September 2023.

ARTICLE CONTINUES BELOW

The Director of the National Bank for Economic and Social Development (BNDES) Had Low Delinquency, With Profit Driven by Dividends from Petrobras

In the 3rd quarter of 2023, the National Bank for Economic and Social Development (BNDES), with low delinquency, had R$ 4.9 billion in net income, partly due to the payment of dividends from Petrobras, according to the institution’s director, Alexandre Abreu.

Abreu also stated that the Basel Index was at 34.4% as of June 30, 2023, above the 10.5% required by the Central Bank, demonstrating a comfortable situation for the BNDES.

The director also pointed to an increase of 0.8 percentage points in the Return on Equity (ROE), which reached 8.7% in the third quarter, due to a higher recurring result from the bank’s main activity, which is credit. He emphasized that equity increased by 12.7% and that the investment portfolio saw a valuation of 14% in the first nine months of the year, comparing December 2022 and September 2023.

Within the section “Related“, you will find content that is somehow connected to the subject being addressed. This content can complement what you are reading, expanding information and offering different perspectives on the topic. The section “Related” is a form of navigation within the site, aimed at enriching the user experience, providing a more complete immersion in the available content.

Source: Info Money

0 Comments

most recent

older Most voted

BNDES Reports Accounting Profit of R$ 4.9 Billion in Third Quarter, Boosted by Dividends from Petrobras (PETR4)

Equity Increased By 12.7% From December 2022 to September 2023, Reaching R$ 148 Billion.

The Director of the National Bank for Economic and Social Development (BNDES) Had Low Delinquency, With Profit Driven by Dividends from Petrobras

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Two helicopters, 41 people, and over 38 tons of bait were mobilized on a remote Pacific atoll to eliminate rats; five years later, native trees grew by 5,000%, seabirds gained habitat, and the rainforest began to regenerate.

Between Egypt and Sudan, Bir Tawil is no man’s land that neither country wants on paper, but in practice has gold mining, nomadic tribes, and even fake “kings.”

Swimming champion Shavarsh Karapetyan dove about 40 times into a frozen lake in Armenia to rescue a sunken bus, saved 20 lives, and lost his career because of it.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

New portable bathroom is ready in 90 seconds, measures 2.18 meters, fits in the car when closed, and offers privacy for showering and changing clothes.

BNDES Reports Accounting Profit of R$ 4.9 Billion in Third Quarter, Boosted by Dividends from Petrobras (PETR4)

Equity Increased By 12.7% From December 2022 to September 2023, Reaching R$ 148 Billion.

The Director of the National Bank for Economic and Social Development (BNDES) Had Low Delinquency, With Profit Driven by Dividends from Petrobras

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Two helicopters, 41 people, and over 38 tons of bait were mobilized on a remote Pacific atoll to eliminate rats; five years later, native trees grew by 5,000%, seabirds gained habitat, and the rainforest began to regenerate.

Petrobras is expected to complete the drilling of the Morpho well in the Foz do Amazonas in August 2026, the first well in the Equatorial Margin, an oil frontier that the ANP estimates at more than 30 billion barrels and could redraw the map of Brazil.

Oil returns to the center of concerns with tension between the US and Iran

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

ANP halts LPG reform, and Sindigás sees technical caution as a decisive point for safety, investments, and the future of the cylinder in Brazil.

Between Egypt and Sudan, Bir Tawil is no man’s land that neither country wants on paper, but in practice has gold mining, nomadic tribes, and even fake “kings.”

Swimming champion Shavarsh Karapetyan dove about 40 times into a frozen lake in Armenia to rescue a sunken bus, saved 20 lives, and lost his career because of it.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

New portable bathroom is ready in 90 seconds, measures 2.18 meters, fits in the car when closed, and offers privacy for showering and changing clothes.