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
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 2018/2019 b...
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