BNP Paribas eyes Brazilian infrastructure projects
In Brazil, French investment bank BNP Paribas is to receive a new capital injection to allow it to finance the latest round of infrastructure projects in the country.
Sandrine Ferdane, chief executive of the Brazilian arm of the bank, said that the capital boost will be larger than the two previous injections undertaken in 2015, which totalled $123m.
Brazilian state investment bank BNDES says that it will finance just half of all projects on offer, allowing the private sector to pick up the rest.
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