Contracts of the Sugarcane Sector with the BNDES in the Period 2000 To 2015: Analysis of the Profile of Non-Automatic Operations

Abstract

The main objective of this study is to analyze the profile of the non automatic financing operations contracted by the sugar energy sector with the National Bank for Economic and Social Development (BNDES) in the period 2000 2015. The exploratory study analyzes 1,254 non automatic BNDES operations, obtained through the Law of Access to Information (LAI), directly from the financial institution 's database, in a cross sectional type with a longitudinal perspective in the period from 2000 to 2015. The set of operations was systematized into 20 predominant categories with the respective amounts allocated to each of them. The total amount recorded for all operations was R $ 25,059,850,454, with an average value of R $ 1,232,402,293. Category 19 ("Planting") was the category with the highest value of investments representing 16.28% of the total value. There was no record of non-automatic financing operations for the sector in 2000. There is a higher concentration of investments from 2007 onwards, growing by the year 2009. Only these four years (2007-2010) Represent 55.54% of the total resources made available in the period, equivalent to R $ 13,918,857,244. For the same period, the number of operations was 706, representing 56.30% of total operations in the period surveyed. It is possible that this highlight in the value of investments and in the number of operations reflects the crisis of 2008 that strongly impacted the Brazilian economy in general and the sector in particular.