Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Usina Vertente Ltda</i> under the <i>BNDES finem</i> scheme (July 2011)

Announcement

13 Jul 2011

In July 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usina Vertente Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jul 2011

Revocation date:

No revocation date

Updated: 13 Jul 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 18 million (approx. USD 11 million) loan to Usina Vertente Ltda granted on 13 July 2011 by the National Ban...
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Updated: 13 Jul 2011
State loan In force
On 13 July 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 18 million (approx. USD 11 million) loan to Usina Vertente Ltda. The loan was issued under t...
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