Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Carvalho e Fernandes Ltda</i> under the <i>BNDES finem</i> scheme (May 2011)

Announcement

18 May 2011

In May 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Carvalho e Fernandes Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 May 2011

Revocation date:

No revocation date

Updated: 18 May 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 24 million (approx. USD 15 million) loan to Carvalho e Fernandes Ltda granted on 18 May 2011 by the Nationa...
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Updated: 18 May 2011
State loan In force
On 18 May 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 24 million (approx. USD 15 million) loan to Carvalho e Fernandes Ltda. The loan was issued un...
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