The National Bank for Economic and Social Development (BNDES) increased credit approvals for companies in Acre in the first three months of 2024, benefiting 58 businesses, 23 more than in 2023. During the period, the institution approved R$128.5 million , a value 972% higher than the first quarter of 2023, when the institution had approved R$12 million.
The approvals reached important sectors for the local economy, such as R$110.4 million for commerce and services, R$14.8 million for agriculture, R$3.1 million for industry and R$300 thousand for infrastructure. For micro, small and medium-sized companies, approvals totaled R$30.1 million, a value 251% higher than in 2023.
“We resume the BNDES mission of promoting the country’s development, in all regions, contributing to the strengthening of business and the generation of jobs and income, priorities of President Lula’s government”, explains the bank’s president, Aloizio Mercadante. “The Bank’s excellent results in the first quarter prove that the Brazilian economy is growing and that expanding access to credit brings benefits for everyone”, he adds.
In the North region, approvals grew 75% compared to the first quarter of 2023, totaling R$916.7 million. There were R$173.2 million for infrastructure, R$307.2 million for the commerce and services sector, R$373.4 million for agriculture and R$62.9 million for industry. Approvals for micro, small and medium-sized companies totaled R$678 million, an increase of 166% compared to 2023. In the first quarter of the year, BNDES supported 1,460 businesses in the region, 70.6% more than in the same period of 2023 .
Brazil – In the first quarter of this year, across the country, credit approvals totaled R$24.7 billion, an increase of 91% compared to 2023, the best result in the last ten years, benefiting 42,737 businesses, a number higher than the 26,427 businesses supported in the same period last year. Approvals grew in all fundamental sectors for the Brazilian economy, such as agriculture (50%), with a value of R$ 6.8 billion, commerce and services (65%), totaling R$ 4.4 billion, industry (189% ), with R$6.8 billion, and infrastructure (97%), with R$6.6 billion. In the first three months of the year, approvals for micro, small and medium-sized companies totaled R$13.2 billion, an increase of 52.2% compared to 2023.
More customers and more approvals in 2023 – Throughout 2023, BNDES had already expanded support for businesses in the state, totaling 162 customers, 67 more than in 2022. Last year, the Bank also increased approvals of credit operations, which totaled R$ 240 million, growth of 41%.
In the North region, approvals in 2023 grew 153% year-to-date, totaling R$12 billion. R$5.6 billion for infrastructure, R$3.8 billion for the commerce and services sector, R$2.4 billion for agriculture, and R$300 million for industry. Large companies represented 70.7% of approvals (compared to 40.7% in 2022) and 48.5% of disbursements. Disbursements to micro, small and medium-sized companies totaled R$2 billion, 51.48% of total disbursements for the region, which totaled R$4 billion. In 2023, BNDES also supported 600 more businesses than in the previous year, totaling 3,822 customers.
[Assessoria]
Tags: Acre BNDES increases customers credit approvals reach million
