At the beginning of the year, the Brazilian Northeast Bank, known as Banco do Nordeste (BNB) increased its finance limit to 80% of the cost for energy projects.
For companies and investors outside the United States, the dollar is often the currency of choice. Surprisingly, though, US banks play only a limited role in lending dollars to international borrowers. Most of the $7 trillion in banks’ dollar lending outside the United States is handled by banks based in Europe, Japan and elsewhere. This […]