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BNDES for Tycoons (Finacial Times)

BNDES: Lender of first resort for Brazil’s tycoons published by Financial Times (01/2015). “About 60 per cent of BNDES lending goes to large conglomerates rather than small and medium-sized enterprises, including many large companies deemed so-called ‘national champions’, in which it often also holds significant minority stakes.”

Verificar em: http://on.ft.com/1DShXmB

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