Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loan to Tembici for the acquisition of new e-bikes

Announcement

02 Feb 2023

In February 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 160 million (USD 31.9 million) loan to Tembici. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Feb 2023

Revocation date:

No revocation date

Updated: 02 Feb 2023
Local content incentive In force

The BNDES FINEM credit line is subject to local value-content incentives. As such, so is the BRL 160 million (USD 31.9 million) loan to Tembici, granted on 2 February 2023 by the National Bank for ...

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Updated: 02 Feb 2023
State loan In force

On 2 February 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 160 million (USD 31.9 million) loan to Tembici. The beneficiary is a Brazili...

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