Global Trade Alert
Global Trade Alert

Brazil: Higher foreign ownership ceiling for Banco do Brasil

Announcement

16 Sep 2009

In September 2009, the government of Brazil announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

16 Sep 2009

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On 16 September 2009,the government of Brazil raised the cap on foreign ownership for the state-owned Banco do Brasil. Due to the Presidential Decree released that day, foreign investors may now hold ...

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