O National Bank for Economic and Social Development (BNDES) R $ 29.7 billion in credit in Crop plan 2024–2025 in more than 125 mil Operations, according to bank data.
The Bank of Development also reported that it has already performed 45 thousand credit operations in the sport, adding R $ 29 billion Since the creation of the sport, in 2020.
“In two years, we have already surpassed credit approval for the agricultural sector of the entire previous government. Under the guidance of President Lula in 2024, BNDES the approval for the sector was R $ 53.2 billion, a record. In addition, we fostered state -of -the -art agribusiness, which respects the environmental rules and that invests in technological innovation,” said the BNDES President, Aloiizio Mercadantein note.
The financing approved with resources from the, carried out through the network of financial agents accredited to the BNDES.
According to the Bank of Development, the indirect operation model allows a decentralized distribution of resources across the country, reaching 93% of Brazilian municipalities, which would facilitate “the development and execution of the public policy to support the sector”.
Regarding the operations of the BNDES Rural Credittheir own lines of credit are intended for investment projects, isolated machine acquisition, costing and support for cooperatives.
Of the R $ 29 billion already approved, more than R $ 12 billion where the exporter “has a natural hedge in his receivables in dollars, and interest rates are more competitive.”
The development bank explains that the purpose of the sport is “expand and diversify credit alternatives at more competitive costs for the agribusiness sector, intensively exporter”.
