Global Trade Alert
Global Trade Alert

Brazil: BNDES allocates USD 13 million to local agriculture company

Announcement

04 Jun 2018

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) allocated USD 13.3 million to Boa Safra Sementes to assist in the expansion of the company. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Jun 2018

Revocation date:

No revocation date

Announced: 04 Jun 2018
State loan In force
On 4 June 2018, the BNDES announced the allocation of BRL 50 million (USD 13.3 million at the time of the announcement) to finance the business expansion of Boa Safra Sementes. The objective of the re...
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