The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 323 million (approx. USD 172 million) loan to Vard Niteroi SA granted on 7 July 2009 by the National Bank f...
On 7 July 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 323 million (approx. USD 172 million) loan to Vard Niteroi SA. The loan was issued under the ...