Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 24 million loan to <i>Pirelli Pneus Ltda</i> under the <i>BNDES finem</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 Pirelli Pneus Ltda.

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 finem credit scheme is subject to local content incentives. As such, so is the BRL 56 million (approx. USD 24 million) loan to Pirelli Pneus Ltda granted on 22 December 2008 by the National ...
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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 56 million (approx. USD 24 million) loan to Pirelli Pneus Ltda. The loan was issued unde...
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