Brics Bank expects to lend up to $2 bn to Brazil in 2021

The New Development Bank (NDB) is expected to lend up to $2 billion to Brazil in 2021 to finance mainly infrastructure projects. The bank’s focus in the country is on sanitation, a regulatory framework that was approved this year. Another area of interest for the bank in Brazil is the support of social impact projects, such as financing schools and hospitals.

Source: Reuters