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 (December 2009)

Announcement

14 Dec 2009

In December 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

14 Dec 2009

Revocation date:

No revocation date

Updated: 14 Dec 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 23 million (approx. USD 13 million) loan to Votorantim Cimentos SA granted on 14 December 2009 ...
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Updated: 14 Dec 2009
State loan In force
On 14 December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 23 million (approx. USD 13 million) loan to Votorantim Cimentos SA. The loan was issued ...
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