Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 18 million loan to <i>Siem Offshore do Brasil SA</i> under the <i>BNDES finem</i> scheme (January 2011)

Announcement

17 Jan 2011

In January 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Siem Offshore do Brasil SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jan 2011

Revocation date:

No revocation date

Updated: 17 Jan 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 30 million (approx. USD 18 million) loan to Siem Offshore do Brasil SA granted on 17 January 2011 by the Na...
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Updated: 17 Jan 2011
State loan In force
On 17 January 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 30 million (approx. USD 18 million) loan to Siem Offshore do Brasil SA. The loan was issu...
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