The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 208 million (approx. USD 121 million) loan to Vale SA granted on 23 November 2010 by the National Bank for ...
On 23 November 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 208 million (approx. USD 121 million) loan to Vale SA. The loan was issued under the BND...