Grupo Votorantim - Banco Votorantim

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Local Undertaking
   -Local Undertaking
   -BNDES Local Undertaking



Local Undertaking >> BNDES Local Undertaking

For those companies that need to present guarantee for BNDES loans, Banco Votorantim agrees to guarantee BNDES on behalf of the client (principal). In our case, local undertakings are issued as local guarantees under BNDES programs (FINAME, FINEM, PROGEREN etc).
“Subject to credit approval”