Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 117 million loan to <i>Tim Nordeste SA</i> under the <i>BNDES finem</i> scheme (October 2009)

Announcement

06 Oct 2009

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Oct 2009

Revocation date:

No revocation date

Updated: 06 Oct 2009
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 200 million (approx. USD 117 million) loan to Tim Nordeste SA granted on 6 October 2009 by the National Ban...
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Updated: 06 Oct 2009
State loan In force
On 6 October 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 200 million (approx. USD 117 million) loan to Tim Nordeste SA. The loan was issued under t...
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