Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 66 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2008)

Announcement

22 Dec 2008

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Dec 2008

Revocation date:

No revocation date

Updated: 22 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 154 million (approx. USD 66 million) loan to Braskem SA granted on 22 December 2008 by the Nati...
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Updated: 22 Dec 2008
State loan In force
On 22 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 154 million (approx. USD 66 million) loan to Braskem SA. The loan was issued under the B...
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