Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loan to Rima Industrial SA for the construction of a new ferro-alloy furnace

Announcement

08 Mar 2023

In March 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan of BRL 57.5 million (USD 10.6 million) loan to Rima Industrial SA. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 Mar 2023

Revocation date:

No revocation date

State loan In force

On 8 March 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 57.5 million (USD 10.6 million) loan to Rima Industrial SA. The beneficiary is a B...

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Local content incentive In force

The BNDES FINAME Direto credit scheme is subject to local value-added incentives. As such, so is the BRL 57.5 million (USD 10.6 million) loan to Rima Industrial SA, granted on 8 March 2023 by the Nati...

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