Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 25 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES limite de crédito</i> scheme (August 2010)

Announcement

24 Aug 2010

In August 2010, 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

24 Aug 2010

Revocation date:

No revocation date

Updated: 24 Aug 2010
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 44 million (approx. USD 25 million) loan to Votorantim Cimentos SA granted on 24 August 2010 by...
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Updated: 24 Aug 2010
State loan In force
On 24 August 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 44 million (approx. USD 25 million) loan to Votorantim Cimentos SA. The loan was issued un...
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