Global Trade Alert
Global Trade Alert

Brazil: BNDES launches new credit line to support the telecommunication sectors and signs USD 31.5 million loan with Intelbras

Announcement

15 Dec 2021

In December 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) announced new financial support measures in favour of the telecommunications sector. 

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Dec 2021

Revocation date:

No revocation date

Announced: 15 Dec 2021
Local content incentive In force
The National Bank for Economic and Social Development of Brazil (BNDES in Portuguese)'s new credit line BNDES Finame Funttel, established on 15 December 2021, is subject to local sourcing requirements...
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Announced: 15 Dec 2021
State loan In force
On 15 December 2021, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Intelbras signed a BRL 180 million (USD 31.5 million) loan to finance the company's innov...
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Announced: 15 Dec 2021
Lending support In force
On 15 December 2021, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) launched a new credit line to support the telecommunications sector in the quest of extending...
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