Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Minerva SA</i> under the <i>BNDES finem</i> scheme (February 2009)

Announcement

26 Feb 2009

In February 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Minerva SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Feb 2009

Revocation date:

No revocation date

Updated: 26 Feb 2009
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 36 million (approx. USD 15 million) loan to Minerva SA granted on 26 February 2009 by the National Bank for...
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Updated: 26 Feb 2009
State loan In force
On 26 February 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 36 million (approx. USD 15 million) loan to Minerva SA. The loan was issued under the BN...
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