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Brazil: BNDES provides USD 44 million loan to <i>Tim Celular SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2008)

Description

On 12 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 104 million (approx. USD 44 million) loan to Tim Celular SA. The loan was issued under t...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Dec 2008

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 Products

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