UPDATE: Brazil's Development Bank Sees Renewed Confidence in Future Growth
UPDATE: Brazil's Development Bank Sees Renewed Confidence in Future Growth
The President of the Brazilian Development Bank (BNDES) Luciano Coutinho expressed his confidence in Brazil’s future economic growth at a private presentation at AS/COA on November 16.
Financing disbursements from the development bank could reach BRL150 billion by the end of the year
-Number of consultations rose 30% over the course of September and October
-Increase in demand seen as a sign of recovery in Brazil's economy
(Updates with comments from the development bank president, starting in the seventh paragraph)
Rising lending and increased demand for financing are signs of improved confidence in Brazil's future growth, the head of Brazil's national development bank, or BNDES, said Friday.
Financing disbursements from ...
