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 (March 2011)

Announcement

14 Mar 2011

In March 2011, 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 Mar 2011

Revocation date:

No revocation date

Updated: 14 Mar 2011
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 40 million (approx. USD 25 million) loan to Votorantim Cimentos SA granted on 14 March 2011 by ...
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Updated: 14 Mar 2011
State loan In force
On 14 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 40 million (approx. USD 25 million) loan to Votorantim Cimentos SA. The loan was issued und...
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