Governance Reports

Annual Reports
31/12/2022 Annual Report 2022 (Available in Portuguese Only)
31/12/2021 Annual Report 2021 
31/12/2020 Annual Report 2020
31/12/2019 Annual Report 2019
31/12/2018 Annual Report 2018
31/12/2017 Annual Report 2017
31/12/2016 Annual Report 2016
31/12/2015 Annual Report 2015
31/12/2014 Annual Report 2014
31/12/2013 Annual Report 2013
31/12/2012 Annual Report 2012
31/12/2011 Annual Report 2011
31/12/2010 Annual Report 2010
31/12/2009 Annual Report 2009
31/12/2008 Annual Report 2008
31/12/2007 Annual Report 2007
31/12/2006 Annual Report 2006
31/12/2005 Annual Report 2005
31/12/2004 Annual Report 2004
31/12/2003 Annual Report 2003 (Available in Portuguese Only)
31/12/2002 Annual Report 2002
31/12/2001 Annual Report 2001
31/12/2000 Annual Report 2000
31/12/1999 Annual Report 1999
31/12/1998 Annual Report 1998
31/12/1997 Annual Report 1997
31/12/1996 Annual Report 1996 (Available in Portuguese Only) 
31/12/1995 Annual Report 1995 (Available in Portuguese Only) 
31/12/1994 Annual Report 1994 (Available in Portuguese Only) 
BNDES’s Annual Charters of Public Policies and Corporate Governance

The Annual Charter of Public Policy and Corporate Governance explicitly sets out the commitments to achieve public policy objectives, in line with the collective interest that justified the authorization for our creation, with a clear definition of the resources to be used for this purpose, as well as the disclosure of relevant information, especially information related to the activities developed, control structure, risk factors, economic and financial data, management comments on performance, corporate governance policies and practices, and a description of management’s composition and compensation, in order to meet the governance objectives set in Law 13,303/16.

31/12/2022 Annual Letter 2022 (Available in Portuguese Only)
31/12/2021 Annual Letter 2021 (Available in Portuguese Only)
31/12/2020 Annual Letter 2020 (Available in Portuguese Only)
31/12/2019 Annual Letter 2019 (Available in Portuguese Only)
31/12/2018 Annual Letter 2018 (Available in Portuguese Only)
31/12/2017 Annual Letter 2017 (Available in Portuguese Only)
31/12/2016 Annual Letter 2016 (Available in Portuguese Only)
Risk Management

To access the Risk Management | Pillar 3 reports, click on this link.

BNDESPAR Stewardship Report
31/12/2022  Stewardship Report 2022 (Portuguese only)
31/12/2021  Stewardship Report 2021 (Portuguese only)
31/12/2020 Stewardship Report 2020 (Portuguese only)
31/12/2019 Stewardship Report 2019 (Portuguese only)
31/12/2018 Stewardship Report 2018 (Portuguese only)
31/12/2021  Stewardship Report 2021 (Portuguese only)
31/12/2020 Stewardship Report 2020 (Portuguese only)
31/12/2019 Stewardship Report 2019 (Portuguese only)
31/12/2018 Stewardship Report 2018 (Portuguese only)

Last update: June 29, 2023