Global Trade Alert
Global Trade Alert

Brazil: Governmental agency allocates over USD 62.5 million to local payment service provider

Announcement

09 Dec 2014

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of circa BRL 159.7 million to Cielo S.A.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Dec 2014

Revocation date:

09 Dec 2017

Last action: 09 Dec 2014
State loan
On 9 December 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of circa BRL 159.7 million (over USD 62.5 million at the time of the measure) allocated to...
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