Brazil: BNDES provides USD 10.75 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Custeio Faixa 2</i> scheme (August 2021)
Announcement
31 Aug 2021
In August 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2021/2022.
The PRONAF Custeio Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 55.27 million (approx. USD 10.75 million) loan to an undisclosed agricultural undertaking...
In August 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 55.27 million (approx. USD 10.75 million) loan to an undisclosed agricultural undertaking. Th...