As a 100% government owned company, CEF plays an essential role in promoting urban development and social justice in Brazil, since it prioritizes sectors such as housing, sanitation, infrastructure and services, significantly contributing to improve the lives of Brazilians with lower income.

CEF´s mission is to promote the continued improvement of the quality of life of the Brazilian population, intermediating funds and financial businesses, acting towards the harnessing of urban development and on the sectors of housing, sanitation and infrastructure, and on the management of funds, programs and services of social character, having as primordial values :

  • Directing actions to meet the expectations from the society ;
  • Financial balance in all businesses

CEF carries out business activities related to real estate financing, rural financing, basic sanitation, urban infrastructure, commercial banks, credit cards as well as the rendering of services of a social nature, delegated by the Brazilian Federal Government.

In the performance of these activities, CEF obtains its funding through savings accounts, mortgage notes, housing loan bills, financial bills, judicial deposits, demand and time deposits, and grants loans mainly linked to housing, water and sewage and infrastructure, including the on lending of funds from the Government Severance Indemnity Fund for Employees (FGTS) and the National Bank for Economic and Social Development (BNDES).

CEF also administers lotteries, investment funds, social funds and programs.

At a glance :

  • President : Jorge Fontes Hereda
  • Sherpa : Helio Shinohara
  • Website :

Who are we ?

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