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Brazil: BNDES provides USD 18 million loan to <i>Siem Offshore do Brasil SA</i> under the <i>BNDES finem</i> scheme (January 2011)

Description

On 17 January 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 30 million (approx. USD 18 million) loan to Siem Offshore do Brasil SA. The loan was issu...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Jan 2011

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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