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

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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.

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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.

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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

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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 village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

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