Brazil's BNDES beats loan disbursement targets in 2012
January 22, 2013 at 07:27 AM EST
RIO DE JANEIRO, Jan 22 (Reuters) - BNDES, Brazil's state development bank, disbursed 156 billion reais ($76.5 billion) worth of corporate loans in 2012, an increase of 12 percent over the previous year, bank President Luciano Coutinho said on Tuesday.