Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 172 million loan to <i>Vard Niteroi SA</i> under the <i>BNDES finem</i> scheme (July 2009)

Announcement

07 Jul 2009

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Jul 2009

Revocation date:

No revocation date

Updated: 07 Jul 2009
Local content incentive In force
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...
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Updated: 07 Jul 2009
State loan In force
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 ...
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