Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES limite de crédito</i> scheme (May 2011)

Announcement

10 May 2011

In May 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

10 May 2011

Revocation date:

No revocation date

Updated: 10 May 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 18 million (approx. USD 11 million) loan to Votorantim Cimentos SA granted on 10 May 2011 by th...
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Updated: 10 May 2011
State loan In force
On 10 May 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 18 million (approx. USD 11 million) loan to Votorantim Cimentos SA. The loan was issued under...
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