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  <title>DSpace Collection:</title>
  <link rel="alternate" href="https://bibliotecadigital.dth.api.gov.br/handle/123456789/528196" />
  <subtitle />
  <id>https://bibliotecadigital.dth.api.gov.br/handle/123456789/528196</id>
  <updated>2026-06-04T20:22:53Z</updated>
  <dc:date>2026-06-04T20:22:53Z</dc:date>
  <entry>
    <title>Effectiveness report 2018</title>
    <link rel="alternate" href="https://bibliotecadigital.dth.api.gov.br/handle/123456789/528207" />
    <author>
      <name />
    </author>
    <id>https://bibliotecadigital.dth.api.gov.br/handle/123456789/528207</id>
    <updated>2022-05-13T03:30:11Z</updated>
    <published>2019-09-01T00:00:00Z</published>
    <summary type="text">Title: Effectiveness report 2018
Abstract: BNDES has made great efforts regarding the monitoring and evaluation (M&amp;E) agenda, always with the aim of increasing its impact on national development and strengthening accountability to society. In January 2018, the formalization of an Effectiveness Promotion System represented an important step towards the culture of effectiveness at BNDES. This process is the result of a series of internal and external measures taken over the last decade and accelerated from 2016. The 2017-2018 biennium, covered in this report, was marked by the stabilization of BNDES’s disbursements to a new level (close to R$ 70 billion), adoption of the Long-Term Rate (TLP), and finalization and execution of a new strategic planning of the Bank. While in 2015-2016 there was a sharp drop in BNDES’s disbursements, 2017-2018 presented relative stability. In 2018, the disbursement-gross domestic product (GDP) ratio was 1.02%, while in 2017 it reached 1.08%. The participation of BNDES’s disbursements in the financing of gross fixed capital formation (GFCF) fell from 11.9% in 2015 to 5.6% in 2018. The high support percentages in previous periods represent the Bank’s countercyclical performance. With the end of this cycle, the contraction in the metrics presented was already expected. The reduction in disbursements was reflected in the drop in the number of companies supported: from 277,000 in 2014 to 65,400 in 2018, and, in the last year, 97% of which were micro, small and medium-sized enterprises (MSME). The participation of MSMEs in the amount disbursed by the Bank continued to grow, reaching 45% in 2018, in comparison with 27% in 2015. In 2017, BNDES’s support reached 2.8% of the existing firms in the country. In the same year, 13.2% of large Brazilian companies were supported by the Bank, while the percentage was 11% for medium-sized companies, 6.2% for small-sized companies, and 1.8% for microenterprises.</summary>
    <dc:date>2019-09-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Effectiveness report 2019</title>
    <link rel="alternate" href="https://bibliotecadigital.dth.api.gov.br/handle/123456789/528209" />
    <author>
      <name />
    </author>
    <id>https://bibliotecadigital.dth.api.gov.br/handle/123456789/528209</id>
    <updated>2022-05-13T03:30:13Z</updated>
    <published>2020-01-01T00:00:00Z</published>
    <summary type="text">Title: Effectiveness report 2019
Abstract: This document is the fourth BNDES Effectiveness Report. The first report covered the 2007-2014 period; the second addressed the 2015-2016 biennium, and the third summarized the 2017-2018 biennium. The active disclosure of detailed information on the results of the Bank’s actions results from a long process, already reported in previous documents, of greater transparency and reaffirmation of its commitment to the effectiveness of its actions.</summary>
    <dc:date>2020-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Effectiveness report 2017</title>
    <link rel="alternate" href="https://bibliotecadigital.dth.api.gov.br/handle/123456789/528208" />
    <author>
      <name />
    </author>
    <id>https://bibliotecadigital.dth.api.gov.br/handle/123456789/528208</id>
    <updated>2022-05-13T03:30:12Z</updated>
    <published>2018-01-01T00:00:00Z</published>
    <summary type="text">Title: Effectiveness report 2017</summary>
    <dc:date>2018-01-01T00:00:00Z</dc:date>
  </entry>
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