Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 13 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES limite de crédito</i> scheme (August 2009)

Announcement

11 Aug 2009

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Aug 2009

Revocation date:

No revocation date

Updated: 11 Aug 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 25 million (approx. USD 13 million) loan to Votorantim Cimentos SA granted on 11 August 2009 by...
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Updated: 11 Aug 2009
State loan In force
On 11 August 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 25 million (approx. USD 13 million) loan to Votorantim Cimentos SA. The loan was issued un...
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