With 108% unprecedented use in FNO, Bonco expands credit in da Amazinia Para’s municipalities | The economy
Oh Amazon Bank (Basa) ended with the largest 2024 Credit volume Encouraging the history of the company: R $ 15.6 billionThese were r $ 13.6 billion Constitutional North Financing Fund (FNO). The brand was made possible to overcome unprecedented in 8% of the total fund. “We have applied for more than 2 billion from other means,” said Bank President Louis Lessa in an exclusive interview with The Liberal Group.
According to him, the bank has left the image of reactive institution.
“Amazon Bank is very active. It is no longer a reactive bank and where we have good projects, we will tell you one thing to stay there,” he said.
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In addition to FNO, other resources Amazon Development Fund (FDA), National Bank for Economic and Social Development (BNDES) and International Agreements.
Para FNO’s R has applied to $ 4.1 billion and pulled high on Green Credit
In the state of Para, Basa R has applied $ 4.1 billion in FNO resources that indicate a 24% growth compared to 2023.
Luiz Lessa, Basa President (Thiago Gomes / O Liberal)
In total R $ 7.7 billion for Green Credit, R $ 3.7 billion has been applied to projects in Para, mainly in recovering dedicated pastures to the south of the state. “It is not opening new areas. It is to take advantage of the previously logged areas, and to migrate to intensive cattle and grains today,” the President explained.
In addition, the Bank has allocated 10 billion to municipalities with a low human development rate (HDI) across the Amazon region. Lessa explains that this financing is a way of triggering productive investment in areas where low interest rates are more harmful.
Family farming and high micro credit
Family agriculture is another priority field.
“We have increased the overall concession of the National Program to strengthen the Pronaf (Family Agriculture), which ends with R $ 1.3 billion in the year. In Pare, we have a pronaph of almost R $ 400 million, which explains Lessa.
According to him, it is the company’s strategic commitment.
Despite the record volume, net income has fallen by 2024 due to adjustments to the aggrieves crisis. “We have reduced net results, but not due to the internal reasons of the bank. As with the entire financial market, especially banks with agricultural concentrated credit,” he said.
BOI and Commodities are required to strengthen the clause for credit risk, with a decrease in aroba prices, without effective losses. “We had to do the regulations to keep the bank healthy. But except for the part of the regulations, all the business routes have increased and the business results are very good.”
Luiz Lessa, Basa President (Thiago Gomes / O Liberal)
However, the Bank Billion ended the year with a gain of more than 1 billion, and reinforcement in equity, which increased by 11%. “With this, we have two goals: to improve the bank’s vision ITY fleet and increase our ability to credit. We have more equity, we have more credit capacity,” he said.
Estimates for 2025
By 2025.
New financial products are among the news planned this year. “We have a credit card to start soon, there will be new insurance products and this first part consortium,” he said.
Luiz Lessa, Basa President (Thiago Gomes / O Liberal)
In addition, the bank international foundations, with 80 million euros (about R $ 490 million) with the French development company and the World Bank Million 100 million (about R $ 570 million), to expand credit to dollar customers and prefer this method.
“Bonco da Amajinia is cleaning after 82 years. We have a digital transformation program, new products and people setting up, because regional development is not just credit. It is providing full solutions to our customers.”
Banco da Amesia numbers in 24 2024
Total promotion
R $ 15.6 billion In regional development credit
108% of the applied FNO budget (R $ 13.6 billion.
R $ 2 billion Other Resources (FDA, BNDES, International Agreements)
🌿 Green credit
R $ 7.7 billion Green Economy is applied to projects
R $ 3.7 billion in para (Pasture recovery and steady agriculture)
PAR in Pare
R $ 4.1 billion Applied by FNO (+24%)
R $ 400 million For family farming by Pronaf (+25%)
Municipalities with low HDI
R $ 10 billion In investments in Amazon area
🚜 Family Agriculture (North Area)
R $ 1.3 billion In pronaf (+72%)
Fivies financial results
Net profit: R $ 1.1 billion
Equity increase: +11%
Covenant to credit losses: R $ 1.5 billion
🌍 International funds
€ 80 million French Development Agency (~ R $ 490 My)
US $ 100 million World Bank (~ R $ 570 Mi)
Estimates for 2025
Promotion target: R $ 17 to R $ 18 billion
Total Credit Goal: Overcoming R $ 20 billion The first time
