Brazil: BNDES reduces LCR on the FINAME credit lines

Announcement

01 Nov 2017

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) has announced the implementation of new rules for the calculation of the minimum compulsory local content requirements that machines, equipment, industrial systems and components must fulfil in order to qualify for FINAME credit lines.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

03 Dec 2018

Revocation date:

No revocation date

Updated: 01 Nov 2017

Local content requirement In force

In November 2017, the National Bank for Economic and Social Development of Brazil has announced the new rules that must fulfil machines, equipment, industrial systems and components in order t...