Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 157 million loan to <i>Contax SA</i> under the <i>BNDES finem</i> scheme (March 2010)

Announcement

12 Mar 2010

In March 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Contax SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Mar 2010

Revocation date:

No revocation date

Updated: 12 Mar 2010
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 281 million (approx. USD 157 million) loan to Contax SA granted on 12 March 2010 by the National Bank for E...
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Updated: 12 Mar 2010
State loan In force
On 12 March 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 281 million (approx. USD 157 million) loan to Contax SA. The loan was issued under the BNDE...
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