Announcement
18 Dec 2008
In December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
18 Dec 2008
Revocation date:
No revocation date
Updated: 18 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 350 million (approx. USD 150 million) loan to Vale SA granted on 18 December 2008 by the Nation...
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Updated: 18 Dec 2008
State loan
In force
On 18 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 350 million (approx. USD 150 million) loan to Vale SA. The loan was issued under the BND...
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