Global Trade Alert
Global Trade Alert

Brazil: BNDES allocates USD 1.6 billion to two new credit funds

Announcement

29 May 2018

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) allocated USD 1.6 billion to two new funds, one related to infrastructure and the other focussed on SMEs corporate credits.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2018

Revocation date:

No revocation date

Updated: 29 May 2018
State loan In force

In the announced made by the BNDES on 29 May 2018, the financial institution also exposed the allocation of BRL 1 billion (USD 268 million) to a new corporate credit fund for SMEs. These resou...

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Updated: 29 May 2018
State loan In force

On 29 May 2018, the BNDES announced the allocation of BRL 5 billion (USD 1.34 billion) to a newly created fund to finance infrastructure development projects. These resources will be provided throu...

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