Brazil · Financial institution
Banco Nacional de Desenvolvimento Economico e Social - Bndes
Legal name in the LEI recordBANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL
Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is a Brazilian federal public company. Its legal seat is in Brasília and its head office is in Rio de Janeiro. The Federative Republic of Brazil holds all of its capital. The bank provides long-term financing to companies and public entities, both directly and through accredited financial agents. It heads the BNDES System, which includes its subsidiaries FINAME and BNDESPAR. It was founded on 20 June 1952 as BNDE and took its current name in 1982.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- NACDBRRJXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under NACDBRRJ directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1992-11-05
- Last updated
- 2025-03-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
State-owned
100% Federative Republic of Brazil (União)
Institution type
Development bank
Trades as BNDES
- Ownership
- The Federative Republic of Brazil (União) holds 100% of the capital of BNDES, a federal public company.
- Direct parent
- Federative Republic of Brazil (União) ↗, Brazil 100%
- Head office
- Avenida República do Chile, 100, 20031-917 Rio de Janeiro, Brazil (registered office: SCS Quadra 09, Bloco C, Salas 1201, 1202 e 1205, Asa Sul, 70308-200 Brasília, DF, Brazil (legal address per LEI record))
- Company register
- CNPJ 33.657.248/0001-89
- Name in the local language
- Banco Nacional de Desenvolvimento Econômico e Social
- Former name
- Banco Nacional do Desenvolvimento Econômico (BNDE)
Business lines
The bank provides long-term credit for infrastructure, industry, innovation and exports, and lends to smaller businesses mainly through accredited financial agents and guarantee funds. It also manages public funds such as the Amazon Fund and the Rio Doce Fund.
Online
- Websites & references
- bndes.gov.br ↗
ri.bndes.gov.br ↗ investor relations
agenciadenoticias.bndes.gov.br ↗ news agency (Agência BNDES de Notícias)
bndes.gov.br/english ↗ English-language version
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · YouTube (legacy channel linked from IR site) ↗
Sources · 14 pages consulted
- bndes.gov.br/wps/portal/site/home
- bndes.gov.br/wps/portal/site/home/quem-somos/quem-e-quem
- bndes.gov.br/wps/portal/site/home/quem-somos/governanca-controle/_colegiados_do_sistema_bndes/colegiad
- ri.bndes.gov.br
- ri.bndes.gov.br/informacoes-financeiras/central-de-resultados/bndes/
- bndes.gov.br/wps/portal/site/home/quem-somos/governanca-controle/empresas-sistema-bndes/cnpj-das-empre
- agenciadenoticias.bndes.gov.br/noticia/BNDES-tem-lucro-de-R$-92-bi-no-primeiro-semestre-de-2026-alta-de-25-frente-a-2025
- agenciadenoticias.bndes.gov.br/bndes/BNDES-tem-lucro-recorrente-de-R$-152-bi-em-2025-o-maior-da-historia/
- bndes.gov.br/SiteBNDES/bndes/bndes_en/Institucional/The_BNDES/history.html
- bndes.gov.br/wps/portal/site/home/quem-somos/quem-e-quem/jean-uema
- ocafezinho.com/2026/03/23/mercadante-blinda-banco-de-desenvolvimento-com-uema-para-compliance-e-riscos
- correiobraziliense.com.br/cidades-df/2026/03/7383767-tcu-cobra-transparencia-sobre-possivel-federalizacao-do-brb.ht
- cnnbrasil.com.br/economia/negocios/bndes-guilherme-mello-sera-indicado-para-presidencia-do-conselho-de-adm
- en.wikipedia.org/wiki/Brazilian_Development_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Aloizio Mercadante Oliva Presidente (President)
- Chair
- Uallace Moreira Lima Presidente do Conselho de Administração (Chair of the Board of Directors)
- Chief financial officer
- Alexandre Correa Abreu Diretor, Diretoria 3 - Financeira e de Mercado de Capitais (Director, Finance and Capital Markets)
- Executive
- Jean Keiji Uema Diretor (Director, Compliance and Risk)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Brazil
- Central Bank of Brazil (Banco Central do Brasil) Prudential supervisorCentral bankAML supervisorResolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Investigation
The Federal Court of Accounts (TCU) ordered BNDES and Caixa to justify confidentiality of information sent in its inquiry into a possible federalisation of BRB.
correiobraziliense.com.br ↗ -
Leadership
The board of directors appointed Jean Keiji Uema as director for compliance and risk, replacing Luiz Navarro, who had held the post since 2023.
ocafezinho.com ↗ -
Leadership
The government nominated Guilherme Mello to chair the board of directors, replacing Rafael Lucchesi.
cnnbrasil.com.br ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- NACDBRRJXXX
- How the BIC breaks down
- NACDBank
- BRCountry · Brazil
- RJLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900DCL95WTK6VYD35
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Brazil · Latin America & Caribbean
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Federative Republic of Brazil · Brazil254900ZFY40OYEADAP90 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- AVENIDA REPUBLICA DO CHILE 100 RIO DE JANEIRO 20031-917 BRAZIL
- Operational address
- AVENIDA REPUBLICA DO CHILE 100 RIO DE JANEIRO RIO DE JANEIRO BRAZIL
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>NACDBRRJXXX</BICFI>
<LEI>254900DCL95WTK6VYD35</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>NACDBRRJXXX</BICFI>
<LEI>254900DCL95WTK6VYD35</LEI>
<Nm>BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL - BNDES</Nm>
<PstlAdr>
<TwnNm>RIO DE JANEIRO</TwnNm>
<Ctry>BR</Ctry>
<AdrLine>AVENIDA REPUBLICA DO CHILE 100 RIO DE JANEIRO 20031-917</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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