# BNDES Achieves Maximum Transparency Rating in National Program The Brazilian development bank secures a perfect score in public transparency assessment. - **Source:** [Folha – Poder](https://www1.folha.uol.com.br/poder) - **Published:** 2026-11-11 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/64a19645-51fd-4c60-a250-4be379764bdf ## Record Transparency Achievement The Brazilian National Bank for Economic and Social Development, known as BNDES, has achieved a perfect score in the National Public Transparency Program. This marks the first time a federal agency has reached 100% in the assessment. The bank has now secured the diamond seal for four consecutive years of evaluation. ## Evaluation Methodology Explained The program is coordinated by the Association of Members of Brazilian Audit Courts, or Atricon. It involves a rigorous questionnaire consisting of 101 distinct questions, each evaluated against five specific criteria. This collaborative effort includes the participation of 33 different audit courts across the country to ensure comprehensive oversight of public institutions. ## Strategic Data Disclosure BNDES maintains an active transparency policy by publishing detailed data on its website regarding every financing operation. This includes specific information such as the borrower's CNPJ, the economic sector of operation, and the detailed economic or social justification for the credit. Such granular disclosure aims to facilitate public scrutiny of state resources. ## Organizational Management Details Beyond financial data, the institution provides a complete list of its employees and the managers responsible for administrative contracts. It also discloses information regarding cooperation agreements. This level of detail is intended to make information accessible and easily understandable for the common citizen, moving beyond mere compliance with basic bureaucratic legal obligations. ## Leadership Perspective on Results BNDES President Aloizio Mercadante attributes this success to a culture of open data and management excellence fostered under the current administration. He highlights that the bank has recently surpassed R$ 1 trillion in assets. Furthermore, he notes that public trust in the institution has reached record levels according to recent surveys. ## Evolution of Transparency Standards The diamond seal is awarded to institutions that achieve a minimum of 95% in the transparency index. BNDES has consistently met this threshold in all four editions of the program it has participated in. The progression from the diamond seal to a perfect score reflects an ongoing internal commitment to institutional accountability. ## Context of Public Oversight The National Public Transparency Program serves as a benchmark for governmental accountability in Brazil. By standardizing the evaluation of federal and state bodies, it creates a competitive environment for excellence in management. The participation of 33 audit courts ensures that the criteria remain consistent and applicable across diverse public administrative structures. ## Implications for Future Governance Achieving maximum transparency serves as a signal of institutional health and operational integrity for state-owned entities. As BNDES continues to manage significant financial assets, this recognition reinforces its role in the national economy. The bank's focus on accessible data sets a precedent for other public institutions seeking to improve their public perception. ## Sources covering this story - https://redir.folha.com.br/redir/online/poder/rss091/*https://www1.folha.uol.com.br/colunas/painel/2026/11/bndes-recebe-selo-maximo-em-programa-de-transparencia.shtml — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._