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Brazil: BNDES provides loan to Tembici for the acquisition of new e-bikes

Description

On 2 February 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 160 million (USD 31.9 million) loan to Tembici. The beneficiary is a Brazilian ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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