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Brazil: BNDES provides USD 14 million loan to <i>Sao Martinho SA</i> under the <i>BNDES finame</i> scheme (February 2023)

Description

On 24 February 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 72 million (approx. USD 14 million) loan to Sao Martinho 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

24 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 Products

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