Global Trade Alert
Global Trade Alert

Brazil: BNDES allocates over USD 86 million to aluminium company

Announcement

25 Jul 2019

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese), has allocated a BRL 326 million to Companhia Brasileira de Alumínio. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jul 2019

Revocation date:

No revocation date

Announced: 25 Jul 2019
Local content incentive In force
From the BRL 326 million loan (over USD 86 million at the time of the announcement) that has been allocated to Companhia Brasileira de Alumínio by the BNDES on 25 July 2019, BRL 106 million (circa USD...
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Announced: 25 Jul 2019
State loan In force
On 25 July 2019, the BNDES has announced the allocation of a BRL 326 million loan (over USD 86 million at the time of the announcement) to Companhia Brasileira de Alumínio (CBA), a company of the Voto...
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