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

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

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

In the bed of the Tocantins River, one of the largest rock removals ever undertaken in Brazil will explode and remove kilometers of submerged rock to permanently open cargo navigation through the Pedral do Lourenço.

Mason shows the right way to build a sidewalk and garage ramp so they don’t sink, crack, or lose the coating after a few months.

Videos of robots cleaning and collecting trays in a shopping mall in Brazil go viral again after the approval of the PEC ending the 6×1 schedule — curious coincidence reignites debate on automation and the future of jobs

Scientists create living plastics that decompose in 6 days without forming microplastics and pave the way for programmed materials against single-use waste

Xiaomi aims to go beyond the “best electric car in the world” and is now investing in AI, realistic simulations, and 3D reconstruction to challenge Tesla in autonomous driving.

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

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

IBS and CBS regulations change credit reimbursement and raise financial alert in the oil and gas industry

China puts into operation the largest shallow lithology offshore field in the country, with 79 wells, heavy oil, and a production of 20,000 barrels per day.

Petrobras announces an investment of R$ 2.8 billion in Amazonas to expand natural gas production in Urucu and modernize the river fleet, boosting energy, logistics, and the regional economy with new vessels adapted for operation in the Amazon.

In the bed of the Tocantins River, one of the largest rock removals ever undertaken in Brazil will explode and remove kilometers of submerged rock to permanently open cargo navigation through the Pedral do Lourenço.

Mason shows the right way to build a sidewalk and garage ramp so they don’t sink, crack, or lose the coating after a few months.

Videos of robots cleaning and collecting trays in a shopping mall in Brazil go viral again after the approval of the PEC ending the 6×1 schedule — curious coincidence reignites debate on automation and the future of jobs

Scientists create living plastics that decompose in 6 days without forming microplastics and pave the way for programmed materials against single-use waste

Xiaomi aims to go beyond the “best electric car in the world” and is now investing in AI, realistic simulations, and 3D reconstruction to challenge Tesla in autonomous driving.