Global Trade Alert
Global Trade Alert

Brazil: BNDES increases the total budget for the Moderfrota credit lines

Announcement

29 Apr 2019

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese), has announced the allocation of an extra BRL 536 million to the 2018/2019 annual budget for the Moderfrota credit line.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Apr 2019

Revocation date:

30 Jun 2019

Updated: 29 Apr 2019
State loan
<p>On 29 April 2019, the BNDES has announced the allocation of an additional BRL 536 million (circa USD 136.2 million at the time of the announcement) to the Moderfrota credit line for the 2018/...
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