Announcement
03 Dec 2009
In December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Algar Telecom SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Dec 2009
Revocation date:
No revocation date
Updated: 03 Dec 2009
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 91 million (approx. USD 52 million) loan to Algar Telecom SA granted on 3 December 2009 by the National Ban...
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Updated: 03 Dec 2009
State loan
In force
On 3 December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 91 million (approx. USD 52 million) loan to Algar Telecom SA. The loan was issued under t...
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