The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 88 million (approx. USD 37 million) loan to Telefonica Brasil SA granted on 12 December 2008 by the Nationa...
On 12 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 88 million (approx. USD 37 million) loan to Telefonica Brasil SA. The loan was issued un...