Wednesday, May 31, 2017

Brazil graft probe cut BNDES infrastructure loans by $7.7 bln in 2016

SAO PAULO, May 31 (Reuters) - Heightened credit risk due to the Car Wash graft probe resulted in a 25 billion reais ($7.7 billion) reduction in loans from Brazilian development bank BNDES to infrastructure ventures last year, a bank director said on Wednesday.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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