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...
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...