Announcement
08 Apr 2009
In April 2009, 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
08 Apr 2009
Revocation date:
No revocation date
Updated: 08 Apr 2009
Local content incentive
In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 47 million (approx. USD 22 million) loan to Vale SA granted on 8 April 2009 by the National Ban...
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Updated: 08 Apr 2009
State loan
In force
On 8 April 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 47 million (approx. USD 22 million) loan to Vale SA. The loan was issued under the BNDES lim...
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