Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 44 million loan to <i>Tim Celular SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2008)

Announcement

12 Dec 2008

In December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Tim Celular SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Dec 2008

Revocation date:

No revocation date

Updated: 12 Dec 2008
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 104 million (approx. USD 44 million) loan to Tim Celular SA granted on 12 December 2008 by the ...
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Updated: 12 Dec 2008
State loan In force
On 12 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 104 million (approx. USD 44 million) loan to Tim Celular SA. The loan was issued under t...
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