
Brazil's National Bank for Economic and Social Development (BNDES), founded in 1952, is a key financial institution in promoting the country's economic, social, and political development. Its mission is to cover the financing of projects in sectors such as infrastructure, industry, commerce and services, contributing to economic expansion, the reduction of regional inequalities and the promotion of the sustainability of the various regions and cities that compose it. Between 2020 and 2023, BNDES played a crucial role in Brazilian economic management, helping to mitigate the effects of the COVID-19 pandemic and promoting economic reactivation.
In this bank, globalization stands out, which has played a central role in the Brazilian economy, generating opportunities and challenges. Economic openness has provided access to new sources of financing, fostered foreign direct investment (FDI), and improved the competitiveness of key sectors such as agribusiness, mining, and infrastructure. In addition, it has promoted technology transfer and the digitalization of production, boosting innovation. However, it has also exposed local companies to more intense international competition, requiring rapid adaptations to global dynamics to maintain their relevance. BNDES has been a key player in Brazil's economic development by addressing both domestic needs and the demands of the globalized environment, consolidating itself as an engine for growth and sustainability.